THE FLORIDA BREWERIES REPORT – JANUARY 2024 (Revised)

MONTHLY HIGHLIGHTS

Shift in Perspective: After more than 10 years of the Florida Breweries Report, a helpful reader pointed out what should have been obvious all along: Data reported in February reflects Florida breweries’ taxpaid sales activity for January. There’s no going back to correct 10 years of reporting, but we can do better going forward. Starting with this report, we will recognized the the ABT report for February 2024 actually reflects the experience of Florida breweries in January 2024. Therefore, this is the revised January 2024 Florida Breweries Report.

The Data: The Florida Breweries Report reflects data published by the Florida ABT, which is available online here, as of the date of publication. The ABT monthly publishes the taxpaid sales for each brewery and distributor. Each monthly report reflects data reported for the prior month. Unfortunately, the ABT does not publish breweries’ sales to distributors. This means that the Florida Breweries Report reflects only breweries’ taxpaid sales, which are generally made in its taproom. Each October, breweries with lapsed licenses and no taxpaid sales within the past 12 months are purged from the Florida Breweries Report. 

The New Breweries: The Burrow (Pensacola), Magnanimous Brewing (Nebraska Ave) (Tampa), The Prost Office Brewery (Milton), and Warrior Beer Company (Pensacola).

Brewery Conversions: None this month. Breweries with a CMB license can sell to licensed distributors. Where a brewery changes its license, the tables below denote the CMBP license with * and the CMB license with ^.

Total Number of Breweries: In January 2024, the total number of brewery licenses active in the last 12 months stood at 451. Of those, 395 reported taxpaid sales for the month, down by 10 from January 2023.

Monthly Performance: Month-to-month taxpaid sales fell by 6.68% in January 2024. Compared to January 2023, year-over-year change in monthly sales was down by 6.18%. Total taxpaid sales during the rolling last-twelve-months (LTM) was down by 051%. Compared to January 2023, LTM taxpaid sales were down by 4.95% in January 2024.

Average Monthly Production: For reporting breweries, the average taxpaid sales per brewery in January 2024 was 24.52 barrels, a monthly decrease of 2.02 barrels per brewery. Year-over-year change in monthly sales per brewery was down 3.80% in January 2024.

Distribution: In January 2024, Florida breweries’ taxpaid sales accounted for 0.95% of all beer sales in Florida (9.5 out of 1,000 beers sold).

Would you like The Florida Breweries Report as an Excel spreadsheet? Reports for this month and all months back to January 2015 are available at this link: https://brwlng.co/FLBreweries.

FLORIDA BREWERIES REPORT – REPORTED MONTHLY TAXPAID SALES FOR JANUARY 2024

FLORIDA BREWERIES REPORT – LTM REPORTED TAXPAID SALES FOR JANUARY 2024

FLORIDA BREWERIES REPORT – LTM REPORTED TAXPAID SALES MONTHLY GROWTH RATE FOR JANUARY 2024

FLORIDA BREWERIES REPORT – NO LTM TAXABLE ACTIVITY THROUGH JANUARY 2024

Because we’re attorneys: Disclaimer. Published 04/28/2024.

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