Renewed call to cut excise rates on beer
The Irish Brewer's Association has renewed calls for the Government to reduce "the excise burden". Irish consumers pay one of the highest rates of excise on beer in Europe whilst also boasting the highest percentage of on trade versus off trade beer sales in the European Union.
"The Irish Brewers Association's 2016 report highlights the important role that the brewing sector has in supporting the Irish economy," said Jonathan McDade, head of the IBA.
"Beer exports continue to perform strongly, accounting for 20pc of total beverage exports while the sector continues to contribute enormously to the exchequer with domestic beer sales up marginally due to favourable tourism figures and population growth."
Forty per cent of beer produced in Ireland is exported, with beer exports accounting for 20pc of Ireland's total beverage exports.
"Excise is a tax on jobs, tourism and the hospitality sector and we call on the Government to reduce excise rates," said Mr McDade, ahead of International Beer Day which falls today.
"The real success story of the Irish brewing sector is that exports continue to thrive. Ireland already boasts production of some of the world's most iconic beer brands and it is encouraging that Irish beer remains so popular in other markets."