And the profit for producers dropped 8.2% in the years 2017-2022.
It’s a grim picture, but an accurate one given the last few years of pandemic-related disruptions and China-related export issues.
That’s some of the tidbits in this report from Savvy, the financial services company looking to break into the liquor industry. There’s a tonne of interesting data in here, even if some of it is a bit general. Worth a look here.