Modifications have been made to the regulations for use and administration of the designation of origin "Guatemalan Rum" in order to meet the requirements of the European Union.
The National Association of Manufacturers of Alcohol and Liquor (Anfal) published the new standard in the Diario de Centro America, after changes were made to the text to adapt it and sell it to the European Union.
Between 2009 and 2013 sales of wine in the country increased by 77%, followed by vodka, which increased by 43%, whiskey 38% and rum 31%.
In 2013 wine came top in terms of import volumes, with a total of 9,256 tons. At the same time, its distribution in bars, restaurants, liquor stores and supermarkets during the same period grew by 32%.
Manuel Barrenechea, brand manager of Reserve de Diageo, told Elfinancierocr.com that "...
The evolution of the Panamanian economy brings changes in consumption patterns which favor imported wine and premium liquors.
Figures from the Comptroller General of the Republic up until August reveal that local production of alcoholic beverages stood at 176.8 million liters, 2.2 % less than the 180.2 million reported in the same period in 2012. This decrease was driven by the 10.2% decline reported in rum production which went from 5.3 million liters to 4.7 million.
As of August 4 million 18 thousand liters of rum were produced, 32.1% more than the same period of 2009.
According to the Comptroller General's Office, production in August 2010 reached the highest growth since 2007 when it reported growth of 21.5%.
Prensa.com reports, "This relates to the aggressive export plan of the two main factories of this product, though in recent years independent producers have joined.
Beer production rose by 3.3% in January 2009 when compared to the same month last year.
However, considering total liquor production in Panama (21.7 million liters in January), it increased only 2.1%, as production of sec, rum, gin and other spirits contracted by -17.9%, -13.6%, -4.3% and -36.5% respectively."
La Prensa.com published: "In January, production increased 2.1% over the same month in 2008, but this rate of increase is much lower than was recorded early last year [2008] (17%) and the annual average for 2008 (8.5%)."
The Alcohol and Rum Distillery (DARSA) increased its production capacity with the purchase and acquisition of the Tulula Factory, in Retalhuleu.
Erick Aragon, general manager of the company, commented during the inauguration that the investment will allow the plant to increase its production from 40 to 90 million liters per year, for the various types of alcohol.
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