24 October 2018
By Bryan Smyth
The Irish Brewers Association (IBA) met Minister for Agriculture Michael Creed at the Franciscan Well Brewery in Cork to discuss the contribution that the brewing industry makes to the economy in Ireland and the supports required from the Government to sustain growth.
According to the IBA, Ireland’s beer industry makes a significant contribution to the economy, directly employing 1,064 people and contributing €424 million to the exchequer through excise taxes in 2017.
Beer exports, by volume, rose marginally by 0.2% and were valued at €273 million in 2017, making Ireland the 8th largest beer exporter in Europe.
With regards the brewing sector, spends €400m purchasing goods and services in Ireland on everything from transport to agricultural products.
Keith Fagan, Chair of the Irish Brewers Association (IBA) and Country Manager of Molson Coors Ireland said:
“The Irish brewing industry makes a vital contribution to the agricultural sector, supporting farming jobs right across the country. As the industry continues to grow and eye new export opportunities, we hope that this contribution will continue to grow in the coming years.
“Furthermore, the commitments being made by Irish drinks producers under Bord Bia’s Origin Green scheme means more agricultural raw materials will be sourced locally.”