Imported beer sales post double-digit growth in 1st quarter

By Park Sae-jin Posted : April 22, 2013, 09:36 Updated : April 22, 2013, 09:36
Sales of imported beer saw a double-digit growth in the first three months of this year, while locally-made beer sales declined, large discount chains said Thursday.

Lotte Mart said it saw foreign-made beer sales surge 24.5 percent, 11.2 percent and 34.1 percent in January, February and March from the same period of last year, respectively.

However, sales of Korean-made beer plunged 19.1 percent, 6.3 percent and 4 percent in January, February and March from the corresponding period last year, respectively, Lotte Mart said.

The situation at E-Mart was similar to that of Lotte Mart.

E-Mart said it saw imported beer sales jump more than 20 percent in the first two months and 38.2 pecent in March from a year earlier.

But sales of locally-made beer decreased 5 percent during the January-March period, the retailer said.

Industry sources attributed a steep rise in imported beer sales partly to the introduction of measures to promote the fair trade of alcoholic beverages in the country.

By Keat Min Woo

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