On the rocks? Scotch distilleries pause production as unsold ‘whisky loch’ grows
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After a 15-year boom that peaked during the Covid-19 pandemic, demand for Scotch whisky has “collapsed” worldwide and distilleries across Scotland have suspended production to avoid a growing oversupply. According to those who follow the market, for a… strange reason […] The article Why Scotland’s distilleries are “braking” whisky production appeared first on Free Press.
After years of large sales, the market stopped and 1.4 billion liters of whiskey stable in barrels with heavy spillovers on the labour market.
The Scotch whisky industry is facing oversupply and falling demand, with distilleries reducing production.
On the rocks? Scotch distilleries pause production as unsold ‘whisky loch’ grows
Demand for Scotland’s most famous export has slumped, with industry facing job cuts and closures Obscured by the Scottish countryside on the outskirts of Kirkcaldy, Cluny bond is, in effect, a small town built to store whisky. By the time the latest set of warehouses are finished on the former opencast coal mine, Diageo’s 220-hectare…
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