Over the last five years, Scotch whisky has remained resilient against challenges such as retaliatory tariffs, a global pandemic and knock-on economic pressures, says the Scotch Whisky Association, in a new economic impact report.
The Scotch Whisky Association (SWA) has successfully registered 'Scotch Whisky' as a certification trademark in the US - the industry’s largest global market, worth almost £800m ($982m) a year.
Global exports of Scotch Whisky grew to £4.5bn ($6.1bn) during 2021 as the industry continues to recover from the impact of the pandemic and US tariffs, according to figures released this month by the Scotch Whisky Association (SWA).
The Scotch Whisky Association (SWA) will phase out use of plastic straws and stirrers, following similar commitments made by Diageo, Pernod Ricard and Bacardi.
The number of 70cl Scotch Whisky bottles released for sale in the UK in the first three quarters of 2016 totalled 57.2 million, up 5.6% from the same period in 2015, according to figures from HM Revenue and Customs (HMRC).
Weakening global demand for Scotch whisky could put the brakes on Diageo’s plans to upgrade its northern distilleries as part of the business’s £1bn expansion plan announced in 2007.
Scotch Whisky Association (SWA) CEO David Frost has welcomed the 'stability' that a 'No' vote will ensure after the Scottish people voted to reject independence from the rest of the UK.
Rabobank believes the short-term impact of Scottish independence on the whisky industry would be negative – affecting access to export markets, foreign exchange, taxation rates and input costs.
Environment secretary Owen Paterson is taking the fight against fake whisky to Moscow this week in a bid to to protect Scotch whisky from counterfeits.
Mintel analyst Chris Wisson tells BeverageDaily.com that a 2012 slump in Scotch whisky exports to France is ‘quite surprising’ but insists the category’s global future remains bright.
Alcohol Concern has warned about the ‘absurd’ effects of marketing canned Scotch whisky in the UK, following a controversial launch of such a product in the US.
Scotch whisky export sales reached record levels last year, despite a two per cent volume drop, as demand grew for premium products, said the Scotch Whisky Association (SWA).
Italian drinks group Campari has been rubbing its hands together
after Pernod Ricard agreed to sell it the world's number two single
malt whisky brand Glen Grant.
British spirits drinkers are abandoning blended whisky in favour of
foreign products such as vodka. A new report from market analysts
Datamonitor reveals that although whisky remains the most
popular spirit in Britain, sales are in...
Efforts by Scotch whisky makers to attract a younger client base
are coming thick and fast, as distillers seek to break the
stranglehold of white spirits on the UK youth market. But is the
'pipe and slippers' image of whisky...
In a difficult economic climate, Scotch whisky exports topped the
£2 billion mark for the 10th year in a row last year, helped by
increasing interest in malts. There were strong gains in Asian
markets such as Korea and Taiwan, which...
The Scotch Whisky Association has begun its annual campaign for a
cut duty levels on whisky and other spirits, calling for a 4 per
cent drop this year.
The Scotch whisky industry is not only one of the UK's biggest
exporters, it is also a major creator of jobs and investor in the
Scottish economy - vitally important at a time of economic
uncertainty in Scotland, according to...
The South Korean market is one of the largest in the world for
Scotch whisky, in particular deluxe blends. With this in mind, the
maker of Famous Grouse has created a new range of whiskies under
the Lancelot name in association with...
