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LatinNews Daily - 05 March 2021

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In brief: Mexico’s beer industry feels the corona impact

* Karla Siqueiros, the director general of Cerveceros de México, the national chamber for the beer and malt industry in Mexico, has outlined how the beer industry suffered from the impacts of the coronavirus (Covid-19) pandemic last year. Mexico’s beer production totalled 118.7m hectolitres in 2020, while exports totalled 37.6m hectolitres, according to figures cited by Siqueiros. This compares with 2019 production levels of 124.5m hectolitres, and 40m hectolitres in exports. Siqueiros’ said that the industry’s shutdown in April and May last year, when some restrictions were imposed by the government in the context of the pandemic, had impacting the beer industry’s 2020 performance, along with the closure of bars and restaurants, the main points of sale for beer. “The principal challenge we face is to overcome the pandemic”, the chamber’s director of economic studies, Manuel Cedillo, said, while acknowledging that the general economic scenario remains challenging. Cedillo was nevertheless confident that Mexico’s beer industry will return to pre-pandemic levels this year.