FDBusiness.com

Irish Gin Exports Up 433% in First Quarter of 2018

 Breaking News
  • Mergers & Acquisitions – Biggest Buyers and Sellers in 2019 Orkla, Pernod Ricard, Nestlé, Asahi, PepsiCo, Lactalis, Anheuser-Busch InBev, Azelis, Berlin Packaging, Kirin and Waterlogic were the most acquisitive companies of 2019, according to the bevblog.net food and drink transactions database,...
  • Tailored Insights For the Food Industry at Packaging Innovations 2020 Packaging Innovations 2020 will host curated content designed to tackle the biggest challenges faced by the food, drink, beauty, pharmaceutical and healthcare, e-commerce, and retail sectors, as part of the show’s...
  • Fazer Becomes Market Leader in Gluten-free Bakery Products Fazer Group is continuing to execute its growth strategy and invest in growing product categories by acquiring Vuohelan Herkku’s bakery and mill businesses. Vuohelan Herkku is one of the forerunners...
  • C&C Group Chief Retires C&C Group, the Irish and British drinks business, has announced that Stephen Glancey has stepped down as CEO and will leave the company at the end of February. Stephen Glancey...
  • KK Foods Plans £5.5 Million Expansion KK Fine Foods, a leading frozen food manufacturer based at Deeside in Wales, is set to expand and diversify with support from the Welsh Government, creating an additional 40 new...

Irish Gin Exports Up 433% in First Quarter of 2018

Irish Gin Exports Up 433% in First Quarter of 2018
June 19
09:04 2018

New CSO figures reveal that the value of Irish gin exports grew by a whopping 433 per cent in the first quarter of 2018, compared to the first quarter of 2017. In the first quarter of 2018, exports of Irish gin were valued at €935,000, compared to just €175,000 in the first quarter of 2017. The new figures show that half of this value came from exports to the US and a further quarter came from exports to the UK. There were also shipments of Irish Gin to both Japan and Mexico in the first quarter of 2018, which are both increasingly important new markets for Irish spirits.

William Lavelle, Head of the Irish Spirits Association, says: “The gin revolution, which has grown in Ireland and the UK over the past 18 months, is now going global. There is huge potential for Irish gin producers to expand even further, as the industry shifts its focus to international markets. The rapid surge in Irish gin exports in the first quarter of 2018 marks only the start of what we believe will be sustained export growth.”

The Irish Spirits Association recently published the first-ever Strategy for Irish Gin, which include a target of trebling Irish gin sales globally by 2022.


Warning: count(): Parameter must be an array or an object that implements Countable in /home/fdbusiness/public_html/wp-content/themes/legatus-theme/includes/single/post-tags.php on line 5
Share

About Author

mike

mike

Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

[eventlist]

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements