(Image: Aleksandra / stock.adobe.com)

(Image: Aleksandra / stock.adobe.com)

Panama: Alcoholic beverage production increases

The National Institute of Statistics and Census (INEC) of Panama has published the data on the accumulated production of alcoholic beverages in the country during the first half of 2024. From January to July 2024, the accumulated production of alcoholic beverages increased compared to the same period of the previous year.

According to the report, the production of these beverages has seen an increase of 4.4% compared to the same period of the previous year, where beer and wine have been the categories with the greatest growth. Beer production increased by 6.0%, while dry wine rose by 8.5%.

However, not all categories of alcoholic beverages have shown a positive trend. Rum, a traditionally popular drink in Panama, has seen a significant decrease of 32.3%. Gin production also fell by 6.1%, while vodka and whisky saw even sharper declines, down 73.4% and 76.6% respectively. Cognac also saw a 36.5% decline.

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