| Scotch Whisky: On top of the world |
Scotch Whisky: On top of the world.
In terms of export, Scotch whisky amasses approximately 90% of all export sales combined in England and is a principle export commodity. This income is in great part foreign currency. This trend has been followed since the turn of the 19-century as the value of overseas marketing was discovered.
Between 15-20% of all scotch whisky consumed in Scotland is first purchased in Britain. Although the reason for this is unknown, they do not dwell on it since their Scotch seems to be more popular in other countries. This is proven by the fact that scotch whisky is within the top five export earners and makes a considerable profit while making very large contributions to Britain's foreign exchange.
Approximately 200 markets are in the exchange for Scotch whisky with the European Union being in the forefront vying for top spot with the United States, Japan and other Asian markets following suit. The European Union is accountable for at least 50% of all Scotch whisky sales with the other countries rounding up another 40% or so.
A nine-year sales projection is in reserve of scotch stock maturing or already matured. In 1996 the stock of matured scotch was sitting at 2,741 million liters up a tenfold from 1945 at 247 million liters. The stock was higher in 1939 at 374 million liters. Obviously the Scotch whiskey market is predicted to grow based on the amount of maturing stock.
It is a difficult trade dealing in stocks with a scotch manufacturer as they sit and wait on maturing product, they cannot accurately gather information on what the market years down the road will be for their product. This is a commercial problem. The most significant undertaking is the capital investment of maturing stock.
There is a very small portion of fine scotch that actually makes it out of Scotland and into other countries. Matured whiskies as well as fresh fillings are an enticing profit grabber; however the time it takes for this product to turn over and give way to said profit makes this a risky endeavor. It is very hard to determine whether or not the products value will hold in the future.
In closing the value of these company's finely distilled products is not likely to lose appeal any time soon, although one never knows what the future will bring. For Scotch lovers, another drink is always in their futures.
406
|
10-12: Scotch is Getting Younger. The notion that all scotch must be at least 12 years to be enjoyed is ...
read more
12 Years of Fine Scotch Twelve: Is this indeed the magic number when it comes to fine scotch? In a ...
read more
A Bottle of Their Own The majority of fine scotch distillers sell casks of their product as a whole for ...
read more
A Manly Drink When you think of a man's drink, what comes to mind? Baileys? Vodka? To many, scotch seems ...
read more
A Timeless Secret It is said that the art of distilling was discovered somewhere in Asia in approximately 800 B.C. ...
read more
Bourbon In The Making It is a well-rounded argument that the Scottish has the market sewn up as far as ...
read more
Dispelling A Blue Rumor It has been rumored that the Johnny Walker Blue Label blended whiskey was about to be ...
read more
Global whiskeys Scotland is not the only country that can put out a quality scotch product. Many countries have ventured ...
read more
Mixed Drinks Upsetting for Distillers Although some Scots are softening up in regards to their traditional dram, we cannot say ...
read more
Old Drink, Young Crowd Why is it that scotch always seem to be left alone in the bar scene? It ...
read more
Production of scotch The production of Scotch whisky takes time, a lot of time. It is a tedious process that ...
read more
Scotch a Mature Blend It is said that you can tell the quality of scotch by its age, this is ...
read more
Scotch: Popular Today, Popular Tomorrow. In today's world of clubs and young drinkers, fine Scotch often falls by the wayside. ...
read more
Scotch Whisky to America As new Irish and Scottish immigrants tried to settle on the American continent they brought with ...
read more
Scotch Whisky: On top of the world. In terms of export, Scotch whisky amasses approximately 90% of all export sales ...
read more
The Art Of Drinking Whisky There is no true rule of thumb when drinking whisky but there are a few ...
read more
The Certified Scotch Malt Bar: Worth the Trip An establishment that is spending the time and using funds to maintain ...
read more
The First Bottle: History of Scotch Scotch is one of the most consumed alcoholic beverages of all time, after all ...
read more
The Gold is in Scotland It is said that the acquisition of knowledge on any subject that you are interested ...
read more
The Great Debate: Single Malt vs. Blended Many people get confused and the difference between single malt and blended scotch. ...
read more
The Six Scottish Malt Regions Scotland can be divided into six different malt making segments or regions Islay, Campbeltown, speyside, ...
read more
The True Single Malt A true single malt whiskey is a brew that is distilled in one place. There is ...
read more
Understanding a Scotch Label To grasp the understanding of a scotch label takes the ability to understand many things. National ...
read more
Walk in Red or Walk in Black In the year 1820 sir John Walker had a vision. To create one ...
read more
Whisky 101 Scotch has undoubtedly been elevated to the top spot of most popular spirit however it is said that ...
read more
|
|
|
Disclaimer:
The Publisher has strived to be as accurate and complete as possible in
the creation of this website, notwithstanding the fact that he does not
warrant or represent at any time that the contents within are accurate
due to the rapidly changing nature of the Internet.
This site
is a common sense guide to Scotch Whisky: On top of the world. In practical advice websites,
like anything else in life, there are no guarantees of income made.
Readers are cautioned to reply on their own judgment about their
individual circumstances to act accordingly.
This site
is not intended for use as a source of legal, business, accounting or
financial advice. All readers are advised to seek services of competent
professionals in legal, business, accounting, and finance field.
Any
perceived slights of specific people or organizations are unintentional.
|