Alcoholic beer market in Honduras

Earlier Report Observations

The Honduran alcoholic beer market volume reached 219.3 million liters in 2018, dominated by Cervecería Hondureña which held a 95% share. Market size grew to 248.7 million liters in 2019, supported by the steady expansion of the craft beer segment and the emergence of new local brands. In 2020, the COVID-19 pandemic reduced consumption to 213.6 million liters, although the year also saw the entry of a new player with the opening of the craft brewery Cervecería Perla Negra in San Pedro Sula.

A strong post-pandemic recovery drove the market to 310.6 million liters in 2021, fueled by the launch of innovative craft products like Dinastía, a unique chocolate-flavored beer that attracted consumer interest. The market then moderated to 296.6 million liters in 2022 and 290.5 million liters in 2023, while craft breweries gained international recognition through competitions and Cervecería Hondureña's main plant received a global award for its operations.

Production alcoholic beer in Honduras

In kind, 2017-2020, M l

Top producers of alcoholic beer, 2017-2020

World map of production of alcoholic beer, 2017-2020

Honduras saw a two-year increase in alcoholic beer production, but this trend reversed in 2020. Production that year reached 153.5 million liters, marking a significant 10.5% decline from the previous year. The peak was recorded in 2019 at 171.5 million liters, which also saw the largest annual increase of 5.7%.

Annual dynamics of production in Honduras in kind, 2017-2020, M l

Exports alcoholic beer from Honduras

Exports in kind, K l

The market showed an unstable pattern over the period. Exports fluctuated significantly, with a 4.1-fold difference between the low in 2017 and the high in 2020. In 2020, Honduras exported 2 342 thousand liters of alcoholic beer, a dramatic 287.4% increase year-over-year. The largest decline occurred in 2019, falling by 32.1%.

Annual dynamics of product's exports from Honduras in kind, 2017-2020, K l

From 2017 to 2020, El Salvador and the United States dominated Honduras's alcoholic beer exports in volume, together accounting for 91.9% of total flows. Other destinations contributed smaller individual shares.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Honduras in kind, 2017-2020

Exports in value, K $ US

Market behavior was volatile during these years. Exports in value terms peaked in 2020 and hit their lowest point in 2018, with a 2.7-fold swing between these extremes. In 2020, alcoholic beer exports from Honduras totaled 1 195 thousand US dollars, showing a sharp 167.5% improvement year-over-year. The minimum value was 445 thousand US dollars in 2018, which also saw the largest decline of 13.0%.

Annual dynamics of product's exports from Honduras in value, 2017-2020, K $ US

Between 2017 and 2020, the United States and El Salvador consistently made up 86.6% of Honduras's alcoholic beer exports in value, indicating high market concentration. A long tail of smaller markets accounted for the remainder.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Honduras in value, 2017-2020

Imports alcoholic beer to Honduras

Imports in kind, K l

After two years of growth, Honduras's alcoholic beer imports declined. In 2020, import volume was 62 456 thousand liters, down 19.7% from 2019. Over the 2017-2020 period, imports rose by 58%, with a compound annual growth rate of 16.5%. The peak was in 2019 at 77 787 thousand liters, while the largest annual increase of 46.7% occurred in 2018.

Annual dynamics of product's imports to Honduras in kind, 2017-2020, K l

From 2017 to 2020, the United States (54.2% of import volume), Mexico (17.7%), and El Salvador (10.4%) formed the main cluster for Honduras's alcoholic beer imports in kind. Together, they accounted for 82.3% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Honduras in kind, 2017-2020

Imports in value, K $ US

Following a two-year rise, Honduras's alcoholic beer imports in value terms fell. In 2020, imports totaled 43 951 thousand US dollars, a sharp 26.0% drop compared to 2019. Over the 2017-2020 span, imports increased by 29.3%, with a compound annual growth rate of 8.9%. The maximum was recorded in 2019 at 59 369 thousand US dollars, and the largest annual increase of 39.8% happened in 2018.

Annual dynamics of product's imports to Honduras in value, 2017-2020, K $ US

During 2017-2020, the United States (61.3% of import value), Mexico (17.3%), and El Salvador (7.4%) were the principal sources for Honduras's alcoholic beer imports in value terms. Collectively, they represented 86.1% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Honduras in value, 2017-2020