ALEXANDRIA, Va. — Today, the National Beer Wholesalers Association (NBWA) released the Beer Purchasers' Index (BPI) for June 2020.
The total Beer Purchasers' Index for June 2020 reached an all-time high mark of 81, significantly above last year's reading of 48 in June 2019. Ahead of a July 4th load-in to retail and reported shortages for some popular packages, the "at-risk inventory" index for total beer (inventory at risk of going out of code in the next 30 days) fell to an all-time low reading of 27 in June 2020 from 49 in June 2019.
Data for the June 2020 BPI was collected from June 10 through June 19, coinciding with continued on-premise closures and simultaneous increased sales in off-premise establishments.
"Around the country, beer distributors are reacting to significant changes in consumer demand and working to meet unprecedented challenges in the marketplace," said NBWA Chief Economist Lester Jones.
"Beer distributors have taken an aggressive stance in their ordering to ensure there will be ample supply of beer heading into the hot summer months of 2020," Jones added.
About NBWA's Beer Purchasers' Index: BPI is the only forward-looking indicator for distributors to measure expected beer demand. The index surveys beer distributors’ purchases across different segments and compares them to previous years. A reading greater than 50 indicates the segment is expanding, while a reading below 50 indicates the segment is contracting.
Looking across the segments: