Beer Institute Reports Domestic Beer Shipments Down 3.5% in July – ProBrewer

The Beer Institute has published its monthly estimate of domestic tax paid shipments by beer brewers for July 2024 which showed that beer shipments were down yet again with a decrease of 3.5% compared to July 2023. Year-to-date shipments are down 2.5% through July compared to the same period last year.

Only two months this year have shown an increase in shipments, February and May which were up 9.6% and 5.7% respectively.

The report follows dismal news from the National Beer Wholesalers Association (NBWA) which recently released the Beer Purchasers’ Index (BPI) for August 2024 that showed “a downshift in distributor sentiment to a more cautious outlook for the beer industry heading into the end of summer,” according to the NBWA.

The estimate for July 2024 volume shipments was 12,800,000 barrels, compared to 13,257,969 barrels in July 2023.

The Beer Institute gathers its estimates from the tax paid shipments by all U.S. beer brewers reported by the Tax and Trade Bureau (TTB).