Hold onto your butts. Yesterday, the Beer Institute published an unofficial estimate of domestic tax paid shipments by beer brewers for October 2022. The October 2022 estimate is 12,900,000 bbls, a decrease of 5.3 percent compared to October 2021 removals of 13,628,436 bbls.The November 2022 domestic tax paid estimate is scheduled to be released on December 21, 2022. Here we go…
Domestic Tax Paid – TTB
(31 Gallon Barrels)
Month | 2021 | 2022 | Percent Change | Volume Change |
January | 13,156,930 | 11,606,664 | -11.8% | -1,550,266 |
February | 11,814,320 | 10,847,178 | -8.2% | -967,142 |
March | 15,028,948 | 15,253,488 | 1.5% | 224,540 |
April | 14,575,988 | 13,540,000 | -7.1% | -1,035,988 |
May | 14,953,923 | 14,416,000 | -3.6% | -537,923 |
June | 16,626,168 | 16,000,000 | -3.8% | -626,168 |
July | 14,502,392 | 13,700,000 | -5.5% | -802,392 |
August | 14,254,197 | 14,600,000 | 2.4% | 345,803 |
September | 14,525,748 | 14,400,000 | -0.9% | -125,748 |
October | 13,628,436 | 12,900,000 | -5.3% | -728,436 |
YTD | 143,067,050 | 137,263,330 | -4.1% | -5,803,720 |
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