FDBusiness.com

Nearly 10 Million Cases of Irish Whiskey Sold Globally Last Year

 Breaking News
  • Lactalis Expands in Infant Nutrition With €740 Million Acquisition Lactalis Group, the international dairy group based in Laval, France, is acquiring the Nutritional business of Aspen Pharmacare for €739.8 million (R12.9 billion). The business being acquired supplies a wide range of infant nutritional and growing-up milk products across both the premium and value segments. It manufactures and markets well established quality brands, including S-26, [...]...
  • Thatchers Cider to Invest £14 Million in New Cider Mill Thatchers Cider, the family owned English cider producer, is to invest £14 million in a new cider mill at its Myrtle Farm site in Somerset to meet growing demand for its products. The company has applied for planning permission and, if granted, the new mill would come on stream in 2019. “This investment is about our [...]...
  • Coca-Cola Great Britain Teams Up With Premier League Premier League and Coca-Cola Great Britain have announced a new three-and-a-half-year partnership, starting in January 2019. It is the first sponsorship Coca-Cola Great Britain will activate across multiple brands within its portfolio, showcasing a range of drinks including sparkling soft drinks, water and fruit-based drinks, with low and no-sugar options. The partnership will see Coca-Cola work [...]...
  • Barry Callebaut Completes $30 Million Capacity Expansion in North America Barry Callebaut, the world’s leading manufacturer of high-quality chocolate and cocoa products, has announced the completion of several expansion investments in three of its North American facilities located in St Hyacinthe, Quebec; Chatham, Ontario; and St Albans, Vermont. The investments amount to close to US$30 million and are in line with previously announced plans. Recent investments [...]...
  • Strong First Half From Hilton Food Group Hilton Food Group, the UK-based leading specialist international food packing business, has reported a 25.0% increase in turnover to £863.6 million and by 24.5% on a constant currency basis for the 28 weeks to 15 July 2018. Volumes increased by 12.7% reflecting growth in the UK, Ireland and Australia. Operating profit for the first half [...]...

Nearly 10 Million Cases of Irish Whiskey Sold Globally Last Year

Nearly 10 Million Cases of Irish Whiskey Sold Globally Last Year
June 29
10:05 2018

The Irish whiskey industry sold 9.7 million cases of whiskey globally in 2017, a 10.6 percent increase on the previous year, according to figures compiled by International Wine and Spirits Research (IWSR). Irish whiskey remains the world’s fastest-growing spirit category and the 2017 global total exceed interim sales targets set by the Irish Whiskey Association for 2017 of 9 million cases (an overshoot of almost 8.2 million bottles). This growth trajectory puts the industry in a strong position to surpass its 2020 targets of 12 million cases (144 million bottles).

William Lavelle, Head of the Irish Whiskey Association, comments: “In 2014 the Irish whiskey industry set an ambitious target for export growth by 2020. We are well on course to meet and exceed those targets. 200 bottles of Irish whiskey are sold every minute. All around the world, one of Ireland’s best-known products is enjoying new life and unprecedented popularity with more people are learning about and acquiring a taste for Irish whiskey, be they in a Dublin pub, or a bar in New York, Shanghai or Moscow.”

“The Irish whiskey renaissance has truly gone global and this is very much down to exceptional craftsmanship and product innovation of Ireland’s distilleries, both large and small; and the hard work being put-in on the ground and in the markets by our worldwide network of brand ambassadors.”

Irish whiskey is enjoying a global renaissance, with sales in over 135 markets. According to IWSR, the leading markets for Irish whiskey in 2017 were:

Country 9 litre cases sold (12 bottles) % Increase on 2016
1 United States 4.1 million 12.5%
2 Ireland 548,000 5.1%
3 Russia 404,000 19.5%
4 France 383,000 0.1%
5 United Kingdom 369,000 8.2%
6 South Africa 353,000 5.4%
7 Germany 337,000 11.9%
8 Canada 238,000 15.8%

Sales of Irish whiskey in global travel retail grew 12% in 2017 to reach 659,000 cases.

William Lavelle adds: “Russia emerged as Irish whiskey’s fastest growing market in 2017, propelling it to be the third largest market for Irish whiskey globally; and the second largest market for exports. This means that our two largest export markets, the US and Russia, are both facing increasing threats of protectionism and possible tariff or trade restrictions.

“The Irish whiskey industry has been a major beneficiary of global free trade and EU-led free trade agreements. For example, the CETA trade deal with Canada is helping spur double digit export growth in that market. We continue to call on the EU Commission to seek to de-escalate tensions with the US and Russia to avoid us slipping into a devastating trade war. Growing global trade threats also present a challenge to our industry to pursue more growth in more markets. Like all sectors, we must diversify.”

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 25, 2018PPMA Show 2018
  • September 27, 2018Int'l Fruit Show (eurofruit)
  • September 30, 2018Trade Fair for Butchers, Caterers and Meat Industry (Meat Expo)
  • October 1, 2018Poznan International Fair
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements