2022 W&S Depletions in the Red, But Longer Term Trends Look Better

Dear Client:   In 2022, total wine and spirits depletions were collectively down nearly 3% compared to 2021, according to recent SipSource data, which aggregates depletion data from wholesalers across on- and off-premise accounts.  "This is by far the worst performance since we have been reporting on these categories via SipSource," says SipSource analyst Dale Stratton. "That said, there are some clear anomalies that have impacted the single year-on-year trend demonstrating why considering a longer period is important in painting