Subscribe to Our Newsletter

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn’t arrive within 3 minutes, check your spam folder.

Ok, Thanks

Beer Purchasers Index 'Very Pessimistic' in December

Not only did the entire country set a new low-temperature record in December, but the National Beer Wholesalers Association's Beer Purchasers' Index also recorded its lowest index reading. The December BPI shows a reading of 30, and the "at-risk" inventory index of 51 marks a

Joel Whitaker profile image
by Joel Whitaker

Not only did the entire country set a new low-temperature record in December, but the National Beer Wholesalers Association's Beer Purchasers' Index also recorded its lowest index reading. The December BPI shows a reading of 30, and the "at-risk" inventory index of 51 marks a very pessimistic outlook for January 2023.

  • The imports index is the only segment pointing to expanding volumes, with a reading of 54 in December, which is 19 points lower than the December 2021 reading of 74. While still above 50, the import segment has consistently trended lower month over month in 2022.
  • The craft index at 24 is well below the December 2021 reading of 60 and has reached its most significant low since 2015.
  • The premium lights index posted a reading of 31, which is also below the December 2021 reading of 65.
  • The premium regular segment index is at 28, below the December 2021 reading of 51.
  • The below premium segment sits at 42, four points higher than the December 2021 reading of 38 and it continues to be the only segment to report a higher reading compared to the year 2021.
  • The FMB/seltzer segment continues to contract, falling to 26 in December compared to the December 2021 reading of 36.
  • Finally, the cider segment reports a 26 reading, compared to a December 2021 reading of 45.

"Following the BPI data, the industry's narrative has not changed much since June 2022. The purchasing behavior of the industry is best described as slow and cautious in the face of changing retailer and consumer demand, which is an appropriate outlook and strategy for distributors heading into 2023," NBWA observed.

Joel Whitaker profile image
by Joel Whitaker

Subscribe to New Posts

Lorem ultrices malesuada sapien amet pulvinar quis. Feugiat etiam ullamcorper pharetra vitae nibh enim vel.

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn’t arrive within 3 minutes, check your spam folder.

Ok, Thanks

Read More