Decline of local spirits leads to global decline; imported sales continue to grow.
The global spirits market declined -0.1% in 2014, a loss of 3.1m nine-litre cases, according to the IWSR Database 2015 released last week. Local spirits declined -7.4m cases globally. Imported spirits grew 4.3m cases, though not enough to offset the global decline. The Americas, CIS and Europe posted declines in consumption of local spirits; the …