SIBA Statement: Beer sales a positive sign for booming craft-brewing sector
“The announcement that beer sales have stabilised is encouraging news for the British beer market. SIBA’s 2016 Beer Report showed that 4 out of 5 SIBA brewers expected turnover to increase this year and 1 in 6 expect to see production, sales and turnover double by 2018. Many of our members are investing in new staff or expanding their breweries, which when combined with promising beer sales results could be a sign that the next 12 months could be very important for the growth of craft-brewed beer.”
Mike Benner, SIBA Managing Director
Beer sales in the first quarter of 2016 were one per cent down on the same quarter in 2015, according to the latest ‘Beer Barometer’ sales data from the British Beer & Pub Association.
The fall was the smallest Q1 drop since 2008, giving further signs of more stability in the market, following years of decline accompanied by sharp rises in the tax on beer, which rose by 42 per cent from 2008 to 2013.
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