Tariffs cause growth slowdown in US Scotch exports

Scotch whisky exports grew 4.4% to £4.91 billion (US$6.3bn) in 2019, with exports to the US falling by 25% during the fourth quarter following the implementation of tariffs on single malts. According to HMRC figures released by the Scotch Whisky Association (SWA), the volume of Scotch exports increased by 2.4% to 1.31bn 700ml bottles. The SWA said the growth was boosted by Asia and Africa, which grew by value by 9.8% and 11.3% respectively. The…

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Glenfiddich launches two 44-year-old whiskies

Single malt Scotch brand Glenfiddich has added two 44-year-old whiskies to its Rare Collection – Glenfiddich 1975 Vintage Cask 4706 and Cask 5114, each priced at US$8,999.99 per bottle. The Rare Collection was first introduced in the 1990s and comprised a small number of casks hand-picked by Glenfiddich malt master Brian Kinsman. Only 100 bottles of each single cask whisky are being released exclusively in the US. Both casks were filled within a week of each…

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Diageo voices concern over tariff impact on smaller Scottish distillers

Johnnie Walker owner Diageo has warned the US tariffs on single malt Scotch will have a “serious” impact on smaller distillers in Scotland, and could cause thousands of job losses across the sector. In October 2019, the US slapped a 25% tariff on imports of single malt Scotch whisky to the US over an ongoing dispute regarding EU and US subsidies to Airbus and Boeing. Last week, Johnnie Walker owner Diageo released its financial results for…

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Fall in whisky sales pushing producers out of South Korea

Dwindling whisky sales in South Korea have driven several leading spirits producers out of the Korean market in the past year, according to IWSR Drinks Market Analysis. Last year, Diageo revealed plans to close its whisky bottling plant in Incheon, South Korea. According to IWSR Drinks Market Analysis, while imported beers, mixed drinks and wine have experienced “strong success” in South Korea, the whisky category – the majority of which has historically been Scotch – “continues to…

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Powerscourt releases Fercullen 18yo Irish whiskey

Irish producer Powerscourt Distillery has added a limited edition single malt whiskey to its portfolio: Fercullen 18 Year Old. Created by master distiller Noel Sweeney, Fercullen 18 Year Old has been aged in Bourbon barrels. Tasting notes include aromas of honey, vanilla, almonds, plums and oak wood, leading to flavours of creamy malt, vanilla, ripe fruits, syrupy caramel and spice on the palate. The finish is said to be malty with a long-lasting sweet spice.…

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