Anyone who has followed our news about the situation of whiskey companies this year has already been able to conclude that a phase of recovery followed after the slump caused by the pandemic, the punitive tariffs in the USA and the Brexit.
How powerful and how fast it is can now be seen in the latest figures from the SWA, die Scotch Whisky Association, published today: The value of exports increased by 31% in the first half of 2021 compared to 2021 that Amount by as much as 42%.
However, these values are still below the level of 2019. The difference here is still -10%, Herald Scotland writes in his items.
The SWA calculated that the 25% tariffs on whiskey and the pandemic caused exports to the US to collapse by £ 729 million in 2020 compared to 2019. It will take time for this to normalize again, because exports to the USA were also 34% lower in the first half of 2021 than in the same period in 2019.
Karen Betts, Still head of the SWA, said that the whiskey industry will need government support on the way to recovery, for example through a reduction in alcohol tax in the UK. Another demand on the government is that efforts must be made to reduce the 150% tariff for alcohol to India. India is seen as a promising market, but it is barring itself from the international alcohol markets through restrictive customs regulations.
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