This statistic shows the demand price elasticity for selected alcoholic drinks worldwide as of 2014. According to the report, the demand price elasticity for tequila and mezcal was -1.17 that year. The average demand price elasticity for alcoholic drinks was -0.44.
Demand price elasticity for selected alcoholic drinks worldwide as of 2014
Retail sales only (excludes on-trade), fixed exchange rates. The price elasticity in this article refers to a long-run elasticity, meaning a five-year cumulative effect on consumption of 1.0% price change in a given year.
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Euromonitor. (August 6, 2014). Demand price elasticity for selected alcoholic drinks worldwide as of 2014 [Graph]. In Statista. Retrieved February 23, 2020, from https://www.statista.com/statistics/566785/demand-price-elasticity-for-selected-alcoholic-drinks-worldwide/
Euromonitor. "Demand price elasticity for selected alcoholic drinks worldwide as of 2014." Chart. August 6, 2014. Statista. Accessed February 23, 2020. https://www.statista.com/statistics/566785/demand-price-elasticity-for-selected-alcoholic-drinks-worldwide/
Euromonitor. (2014). Demand price elasticity for selected alcoholic drinks worldwide as of 2014. Statista. Statista Inc.. Accessed: February 23, 2020. https://www.statista.com/statistics/566785/demand-price-elasticity-for-selected-alcoholic-drinks-worldwide/
Euromonitor. "Demand Price Elasticity for Selected Alcoholic Drinks Worldwide as of 2014." Statista, Statista Inc., 6 Aug 2014, https://www.statista.com/statistics/566785/demand-price-elasticity-for-selected-alcoholic-drinks-worldwide/
Euromonitor, Demand price elasticity for selected alcoholic drinks worldwide as of 2014 Statista, https://www.statista.com/statistics/566785/demand-price-elasticity-for-selected-alcoholic-drinks-worldwide/ (last visited February 23, 2020)
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