BUSINESS + ECONOMY

Utah alcohol sales exceed $500 million in 2022

Jan 10, 2023, 4:22 PM | Updated: 5:56 pm

Murray liquor store COVID-19...

Liquor store in Murray. (Photo credit: Steven Breinholt, Deseret News)

(Photo credit: Steven Breinholt, Deseret News)

SALT LAKE CITY — Over the past five years, Utah has seen an increase in alcohol sales and this year is no expectation with a 7.7% increase. 

The Utah Department of Alcoholic Beverages, DABS, reported revenue of $557.6 million from the fiscal year of July 1, 2021, to June 30, 2022. 

The almost 8% increase is more than double the increase from 2020 to 2021, of approximately 3.4%. Data from DABS shows that the increase is $40 million. 

Monthly sales in 2022 exceeded 2021 sales for most of the year, with the exception of April and October. The highest sales were seen during the months of December, totaling $65 million. 

Utah proud spirits, Five Wives Vodka, and Dented Brick Gin saw a decrease in sales. However, locally distilled cocktails and IPAs like Desolation Distilling, Moscow Mules, and Red Rock Eliphino saw an increase in sales. 

Furthermore, little over half of the sales came from distilled spirits, like vodka or tequila. Wine made up 35% of sales and 28% of sales from heavy beers

Vodka seems to be Utah’s spirit of choice, making up over $70 million and 14% of sales.

Its sales revenue is much higher than its spirit counterpart of Whiskey and Bourbon, with a respective total of approximately $50 and $45 million. 

Tito’s Handmade Vodka had sales of over $12 million. Utah’s very own Five Wives Vodka generated just over $1 million.

Of those sales, 89% came from a state liquor store, retail, or package agency.

As far as consumption goes, 11% of the sales were purchased to be consumed on premises, such as a restaurant or bar with a liquor license. Salt Lake County had the top three highest-selling stores, earning over $77 million. 

While the revenue is initially used to pay for operating costs, a large portion of the remainder is put back into the community.

In 2022, $229.89 million was put toward statewide services. It went towards transportation, infrastructure, health, education, public safety and school lunches for kids. 

In addition to those funds, $31 million was generated in sales tax for state and local government. Those funds go towards social services, infrastructure, general government and higher education. 

“The sales fund crucial services that all Utahns use, helping to keep taxes low for hardworking Utah families,” Tiffany Clawson, DABS director, said in a press release. 

Related reading:

We want to hear from you.

Have a story idea or tip? Send it to the KSL NewsRadio team here.

Business + Economy

Kids play street hockey ahead of the doors opening as thousands attend the NHL event at the Delta C...

Carter Williams, KSL.com

Smith Entertainment Group seeks 99-year lease, 2 extra blocks as part of Salt Lake plan

Smith Entertainment Group is proposing a 99-year lease to keep the Utah Jazz and a new National Hockey League team at the Delta Center.

2 hours ago

kentucky derby horses run the race in 2023 guide terminology...

Becky Bruce

The first-timer’s guide to the Kentucky Derby

Need a guide to the Kentucky Derby, the Kentucky Oaks and the world of thoroughbred racing? Look no further.

5 hours ago

Now hiring sign...

Kira Hoffelmeyer

April jobs report shows possible steadying of labor market

The April jobs report showed a lower than expected gain in jobs over the last month.

12 hours ago

Meadowlark Elementary School in Salt Lake City is pictured on Tuesday, April 13, 2021....

Dan Rascon, KSL TV

Teacher salaries are the highest in over a decade. Why it’s still not enough

A new study shows teacher salaries across the country have jumped higher than they have in more than a dozen years.

2 days ago

Jerome Powell, Board Chair of the Federal Reserve, speaks at a news conference. The Federal Reserve...

ASSOCIATED Press

Federal Reserve says interest rates are staying high

The Federal Reserve stated that it has no plans to reduce interest rates until price increases slow further.

2 days ago

X-4 Summit logo on display as attendees walk past...

Heather Peterson

This year’s X-4 Summit teaches business leaders about AI and human interaction

The X-4 Summit, a massive conference of business leaders, kicked off on May 1st. This year's conference will feature some big name speakers.

2 days ago

Sponsored Articles

a doctor putting her hand on the chest of her patient...

Intermountain Health

Intermountain nurse-midwives launch new gynecology access clinic

An access clinic launched by Intermountain nurse-midwives provides women with comprehensive gynecology care.

Young couple hugging while a realtor in a suit hands them keys in a new home...

Utah Association of Realtors

Buying a home this spring? Avoid these 5 costly pitfalls

By avoiding these pitfalls when buying a home this spring, you can ensure your investment will be long-lasting and secure.

a person dressed up as a nordic viking in a dragon boat resembling the bear lake monster...

Bear Lake Convention and Visitors Bureau

The Legend of the Bear Lake Monster

The Bear Lake monster has captivated people in the region for centuries, with tales that range from the believable to the bizarre.

...

Live Nation Concerts

All the artists coming to Utah First Credit Union Amphitheatre (formerly USANA Amp) this summer

Summer concerts are more than just entertainment; they’re a celebration of life, love, and connection.

Mother and cute toddler child in a little fancy wooden cottage, reading a book, drinking tea and en...

Visit Bear Lake

How to find the best winter lodging in Bear Lake, Utah

Winter lodging in Bear Lake can be more limited than in the summer, but with some careful planning you can easily book your next winter trip.

Happy family in winter clothing at the ski resort, winter time, watching at mountains in front of t...

Visit Bear Lake

Ski more for less: Affordable ski resorts near Bear Lake, Utah

Plan your perfect ski getaway in Bear Lake this winter, with pristine slopes, affordable tickets, and breathtaking scenery.

Utah alcohol sales exceed $500 million in 2022