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Demand price elasticity for selected alcoholic drinks worldwide 2014

Published by Statista Research Department, Aug 6, 2014
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

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Source

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Release date

August 2014

Region

Worldwide

Survey time period

2014

Supplementary notes

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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