World - Whisky - Market Analysis, Forecast, Size, Trends And Insights
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World - Whisky - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Jan 3, 2024

The World's Best Import Markets for Whisky

Whisky, also spelled whiskey, is a popular alcoholic beverage that is enjoyed by millions of people around the world. It has a rich history and is known for its distinct flavors and aromas. Whisky is produced in various countries, but some nations have become major importers of this spirit. In this article, we will explore the world's best import markets for whisky, based on data from the IndexBox market intelligence platform.

United States - Leading the Way

The United States takes the top spot as the world's largest import market for whisky, with an import value of a staggering 2.0 billion USD in 2022. Whisky has a strong foothold in the American market, with a wide range of brands and varieties available to consumers. The demand for whisky in the United States continues to grow, driven by the popularity of cocktails and an increasing interest in premium spirits.

France - A Taste for Whisky

France, known for its wine and champagne, is the second-largest importer of whisky globally. In 2022, the country imported whisky worth 896.2 million USD. Despite its strong wine culture, France has developed a taste for whisky in recent years. French consumers appreciate the nuances of different whisky styles and often enjoy it straight or in cocktails. The growing demand for whisky in France has led to an expansion of the market, with a wide range of whisky bars and specialized retailers catering to the increasing number of enthusiasts.

Singapore - A Whisky Hub in Asia

Singapore, located in Southeast Asia, has emerged as a prominent import market for whisky. With an import value of 737.3 million USD in 2022, Singapore is a prime destination for whisky lovers in the region. The city-state boasts a vibrant nightlife scene, and whisky bars are gaining popularity among locals and tourists alike. Singapore's strategic location and well-developed logistics infrastructure have contributed to its status as a whisky hub in Asia.

Netherlands - Embracing Whisky Culture

The Netherlands is another significant player in the global whisky import market. In 2022, the country imported whisky worth 678.1 million USD. Whisky has become increasingly popular in the Netherlands, with consumers embracing its rich flavors and diverse range of expressions. Specialist whisky stores and clubs have sprung up across the country, catering to the growing interest in this spirit. The Netherlandscentral location in Europe also makes it a gateway for whisky distribution to other European countries.

Germany - A Growing Affinity for Whisky

Germany, known for its beer culture, has developed a growing affinity for whisky in recent years. The country imported whisky worth 576.7 million USD in 2022, making it one of the world's top import markets. German consumers appreciate the craftsmanship and quality of whisky, and there is a rising interest in exploring different brands and styles. Whisky festivals and events are gaining popularity in Germany, providing enthusiasts with an opportunity to sample a wide range of whiskies.

Taiwan - A Whisky Powerhouse in Asia

Taiwan, a small island nation in East Asia, has established itself as a whisky powerhouse. With an import value of 563.9 million USD in 2022, Taiwan is a key market for whisky in Asia. Taiwanese consumers have developed a strong preference for Scotch whisky, with single malt varieties being particularly popular. The demand for whisky in Taiwan has led to the growth of local whisky bars and a thriving whisky culture.

China - The Rising Giant

China, the world's most populous country, is also a significant importer of whisky. In 2022, China imported whisky worth 558.2 million USD. The rising affluence of the Chinese middle class has fueled the demand for luxury goods, including premium spirits like whisky. Whisky has gained popularity as a status symbol, and it is often given as a gift or enjoyed during special occasions. The Chinese market presents immense opportunities for whisky producers and exporters.

Japan - Appreciating Whisky Craftsmanship

Japan, known for its sake and beer, has embraced the art of whisky production and consumption. The country imported whisky worth 464.4 million USD in 2022. Japanese consumers have a deep appreciation for the craftsmanship and attention to detail that goes into making whisky. Japanese whisky distilleries have gained recognition on the global stage, winning prestigious awards and accolades. Whisky bars and specialized retailers in Japan offer an impressive selection of domestic and international whiskies.

Australia - Exploring Whisky Culture

Australia, famous for its wine, has seen a surge in interest in whisky in recent years. With an import value of 409.6 million USD in 2022, Australia is a key market for whisky in the Asia-Pacific region. Australian consumers have taken to whisky, with a growing number of distilleries producing their own expressions. Whisky appreciation events and festivals attract enthusiasts from all over the country, contributing to the vibrant whisky culture in Australia.

Spain - A Taste for Imported Whisky

Spain, known for its wine and sherry, also has a taste for imported whisky. In 2022, the country imported whisky worth 379.8 million USD. Whisky has gained popularity in Spain, with consumers enjoying it in various ways, including neat, on the rocks, or in cocktails. Whisky bars and specialty stores can be found in major cities, catering to the growing demand for this spirit.

These top import markets for whisky highlight the global appeal and growing popularity of this beloved spirit. Whether it's the United States leading the way with its immense consumption, or countries like France, Singapore, and Taiwan embracing whisky culture, the demand for whisky continues to rise. The IndexBox market intelligence platform provides valuable insights and data on global import trends, helping businesses navigate the dynamic whisky market.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global whisky market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 11011030 - Whisky (important: excluding alcohol duty)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Diageo, Chivas Brothers, William Grant & Sons, BacardiLa Martiniquaise, The Edrington Group, Belvedere, Beam Suntory, Whyte & Mackay, Inver House (Thai Beverage), LVMH, Loch Lomond, Distell, Campari, Macleod Distillers, James Eadie, Brown-Forman Corporation, Heaven Hill Brands, Sazerac Company, Kirin Holdings Company, Luxco, Castle Brands, Tuthilltown Spirits

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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