Jose Cuervo Financial Overview
2 Dominant Position in the Hottest Spirits Category...
Since Last Issuance, Tequila has...
A ...Been the Fastest Growing Major Spirits Category in the US and Second Fastest in the World
(2017-2022 9L cases volume CAGR)
Tequila overtook Rum as the third-largest
Spirits category in the US (1)
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B...Significantly Increased its Market Share
(In terms of 9L cases volume)
With Still Significant Room For Worldwide Expansion
ں
11.9%
4.3%
8.3%
7.5%
3.8%
2.5%
0.8%
0.2%
(0.8%)
(0.3%)
Tequila
Whisky
Vodka
Gin
Rum
Tequila
Gin
Whisky
Rum
Vodka
...Benefitted from a Clear Premiumization Trend
Avg. price in US$ per 9L case of Tequila
1.3x
281
2017
Source: IWSR Drinks Analysis
Notes:
1.
2.
By volume of 9L cases sold
Includes local spirits
378
231
1.5x
349
1.5x
11.4%
7.5%
2017
2022
1.6x
1.1%
1.8%
2017(2) 2022(2)
Becle Soared Driven by Proximo's Strong Execution
(2022 Tequila 9L cases volume growth vs. 2021)
16.90%
12.80%
11.10%
2022
2017
2022
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Other tequilas
Global tequila
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