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Tequila Industry Facing Crisis Because Of Shortage Of Agave Cactus

LADB Article ID: 53847
Category/Department: Mexico
Date: 2000-06-14
By: LADB Staff

The Mexican tequila industry expects a serious shortage of blue agave cactus as early as 2001 or 2002 because of the growing popularity of the Mexican liquor. In a report published in May, the Consejo Regulador del Tequila (CRT) said tequila distillers are already experiencing spot shortages because of a surge in demand in export markets, particularly the US and the European Union (EU). In a report published in May, the government statistics agency (Instituto Nacional de Estadisticas, Geografia e Informatica, INEGI) reported Mexican tequila exports at US$89.7 million in January-March, an increase of 34% from the first quarter of 1999. At this pace, total exports could reach US$359 million, surpassing last year's total sales of US$307 million. The CRT said the US accounted for 79.7 million liters of Mexico's tequila exports last year. Three EU countries Belgium, the Netherlands, and Germany accounted for another 6 million liters.

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