Scotch Whisky Exports Rise 19% By Value In 2021 But Remain Below 2019 LevelFebruary 14, 2022
Global exports of Scotch whisky grew 19% to £4.51 billion ($6.1b) in 2021 on a 21% volume increase, according to the Scotch Whisky Association (SWA). The U.S., the largest market for Scotch exports, posted value up 8% to £790 million ($1.1b) on a 13% volume gain, even as the single malt segment faced tariffs through part of the year.
Despite the solid progress, Scotch exports remain below their pre-pandemic level, with global shipment value still down 8% and U.S. shipments down 26% compared with 2019. “The industry continues to face global challenges, including ongoing trade disruption, growing supply chain costs and inflationary pressures, and undoubtedly there is some road to run before exports return to pre-pandemic levels,” noted Scotch Whisky Association CEO Mark Kent.—Daniel MarstellerSubscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.