2015: Record Year for Spirits Industry
If anyone had doubts about the seemingly bottomless spirits popularity (and pricing – especially bourbons) the Distilled Spirits Council of the United States released their 2015 report on the subject. Highlights:
- $72B US Sales
- Sales up 4.1% and volumes up 2.3%
- The sixth straight year of increased market share
- Luxury bourbons among highestgrowth – in fact growth occurred in every whiskey category with revenues rising 8%
So if any newbie collectors were hoping that prices would bottom out a bit – no such luck. The global taste and interest in spirits both to enjoy and collect continues. We probably won’t see any signs of slowdown for a long time to come.