The Beer Institute recently published an unofficial estimate of domestic tax paid shipments by beer brewers for June 2024: The June 2024 estimate is 14,400,000 barrels, a decrease of 4.8% compared to June 2023 removals of 15,127,351. The July 2024 domestic tax paid estimate is scheduled to be released on September 4, 2024. Let’s get into this.
Domestic Tax Paid – TTB | ||||
(31 Gallon Barrels) | ||||
Month | 2023 | 2024 | Percent Change | Volume Change |
January | 11,198,891 | 11,495,925 | 2.7% | 297,034 |
February | 11,031,525 | 12,084,055 | 9.5% | 1,052,530 |
March | 14,702,746 | 12,333,899 | -16.1% | -2,368,847 |
April | 12,845,943 | 12,424,242 | -3.3% | -421,701 |
May | 12,755,183 | 13,476,281 | 5.7% | 721,098 |
June | 15,127,351 | 14,400,000 | -4.8% | -727,351 |
YTD | 77,661,639 | 76,214,402 | -1.9% | -1,447,237 |
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