News
What affects the value of a whisky cask
Scotch whisky casks are assets with a considerable price range. Prices of freshly distilled casks start from only a few thousand pounds, and at the same time a 30-year-old sherry hogshead cask from the Macallan distillery was sold last year for a record amount of HKD 4.5 million (around £478...
IWSR analyzes current situation on the alcohol market
After the financial crisis that erupted over a decade ago, changes in consumer demand have had an impact on the global alcoholic beverages market. Currently, industry is again under pressure due to the global COVID-19 pandemic. According to the IWSR analytical company, these two situations share...
Premiumization and online shopping - a pandemic can permanently change consumer habits
In both the United States and the United Kingdom, available data indicate a consumer shift towards e-commerce. Nielsen noted that from early March to April 18, e-commerce retail sales in the US more than doubled compared to last year (+ 234%). In terms of categories, the highest rate of online...
Producers expect customs tariffs for single malt Scotch whisky to be lifted
The ongoing COVID-19 pandemic is not the only challenge Scotch whisky industry have to face. High customs tariffs imposed by the US on single malt whisky exports still apply. Fortunately, the governments of the United States and Great Britain began negotiations on a trade agreement between these...
Against the grain
There’s no doubt in my mind that hyper-old grain has a place among the best liquids in the world Grain whisky rarely gets to see old age. By its very nature, most grain is produced with the intention of being used for blending purposes after four or five years. Some is kept for use in aged...