French spirits exports plunge 19.4% in 2020

Exports of French spirits fell by 19.4% last year due to the pandemic, with Cognac and vodka declining by double digits, new figures have revealed. According to the Fédération des Exportateurs de Vins & Spiritueux de France (FEVS), French spirits exports fell to €3.8bn (US$4.6bn) and declined 8.4% in volume to 48.5 million cases. Combined French wine and spirits exports declined by 13.9% to €12.1 billion (US$14.7bn), due to the US tariffs on EU goods…

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Scotch whisky exports plummet £1.1bn in 2020

Exports of Scotch whisky fell by £1.1 billion (US$1.5bn) in 2020 to its lowest level in a decade as a result of the pandemic and US-imposed tariffs, according to the Scotch Whisky Association. In 2020, exports of Scotch Whisky fell 23% by value to £3.8bn (US$5.3bn). The number of 700ml bottles exported dropped by 13% to the equivalent of 1.14bn. According to the Scotch Whisky Association (SWA), the export figures are the lowest they have…

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Scotch sector ‘frustrated’ over collapse of UK-US talks

The Scotch Whisky Association (SWA) has expressed its disappointment over the UK and US’ failure to reach a ‘mini-deal’ that could have removed tariffs on single malts. Last month, US trade representative Robert Lighthizer indicated that the outgoing US administration could agree a ‘mini-deal’ with the UK, which would ease punitive tariffs on single malt Scotch whisky. At the time, Lighthizer said it was “extremely likely” that the US would agree a free-trade agreement with…

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The biggest spirits stories of 2020

It’s been quite a year for the spirits industry, with a global pandemic and trade wars grabbing the headlines. The Spirits Business looks at the biggest breaking news from the past 12 months. Last year saw a number of big companies hit the headlines including Beam Suntory, which was hit with a US$19.6 million fine over a bribery investigation. The Covid-19 pandemic dominated the sector last year, with total alcohol sales predicted to decline by…

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BNIA: US tariffs will ‘destroy’ Armagnac industry

The Bureau National Interprofessionnel de l’Armagnac (BNIA) has slammed the introduction of a 25% tariff on Armagnac in the US, arguing the move will ‘destroy’ the industry. The US will impose a 25% tariff on additional European goods, including Cognac and brandy from France and Germany, from 12 January. The tariffs are being added as part of a long-running dispute between the EU and the US regarding plane manufacturers Airbus and Boeing. The BNIA trade…

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