U.S. - Whisky - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingWhisky Price in the United States - 2023
Contents:
- Whisky Price in the United States (CIF) - 2023
- Whisky Price in the United States (FOB) - 2023
- Whisky Imports in the United States
- Whisky Exports in the United States
Whisky Price in the United States (CIF) - 2023
The average whisky import price stood at $10.3 per litre in August 2023, picking up by 5.5% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in November 2022 when the average import price increased by 16% m-o-m. As a result, import price reached the peak level of $11.2 per litre. From December 2022 to August 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($25.7 per litre), while the price for Canada ($2.3 per litre) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Ireland (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Whisky Price in the United States (FOB) - 2023
The average whisky export price stood at $8.1 per litre in August 2023, increasing by 6.9% against the previous month. Over the period under review, export price indicated measured growth from August 2022 to August 2023: its price increased at an average monthly rate of +2.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, whisky export price decreased by -15.8% against June 2023 indices. The growth pace was the most rapid in December 2022 an increase of 51% against the previous month. The export price peaked at $11.6 per litre in February 2023; however, from March 2023 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was the Netherlands ($28.8 per litre), while the average price for exports to Italy ($2.2 per litre) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.
Whisky Imports in the United States
Whisky imports into the United States amounted to 234M litres in 2022, picking up by 5.6% compared with the previous year's figure. In general, imports, however, saw a perceptible downturn. Imports peaked at 248M litres in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, whisky imports soared to $2B in 2022. Over the period under review, imports, however, saw a deep downturn. Over the period under review, imports reached the peak figure at $2.6B in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Whisky in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1,676 | 1,061 | 1,067 | 1,407 | -5.7% |
| Canada | 254 | 234 | 257 | 257 | 0.4% |
| Ireland | 561 | 315 | 201 | 180 | -31.5% |
| Japan | 61.4 | 69.6 | 112 | 102 | 18.4% |
| Others | 18.8 | 18.6 | 42.3 | 52.2 | 40.6% |
| Total | 2,571 | 1,699 | 1,679 | 1,999 | -8.0% |
Top Suppliers of Whisky to the United States in 2022:
- Canada (98.5M litres)
- United Kingdom (83.3M litres)
- Ireland (44.0M litres)
- Japan (3.9M litres)
Whisky Exports in the United States
In 2022, exports of whisky from the United States skyrocketed to 200M litres, growing by 26% on 2021 figures. Overall, exports, however, continue to indicate a relatively flat trend pattern. The exports peaked at 201M litres in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, whisky exports soared to $1.4B in 2022. The total export value increased at an average annual rate of +6.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Whisky in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 56.8 | 57.2 | 99.0 | 175 | 45.5% |
| Australia | 84.0 | 97.8 | 84.4 | 117 | 11.7% |
| United Kingdom | 108 | 72.3 | 90.4 | 113 | 1.5% |
| Germany | 81.9 | 76.0 | 81.0 | 104 | 8.3% |
| Japan | 123 | 104 | 96.2 | 103 | -5.7% |
| Spain | 60.6 | 57.4 | 61.5 | 96.3 | 16.7% |
| Canada | 59.7 | 62.3 | 76.4 | 88.2 | 13.9% |
| Panama | 134 | 127 | 32.1 | 77.2 | -16.8% |
| France | 86.7 | 70.2 | 77.7 | 68.9 | -7.4% |
| United Arab Emirates | 12.1 | 10.8 | 16.7 | 43.6 | 53.3% |
| Poland | 26.5 | 31.2 | 30.5 | 37.3 | 12.1% |
| Brazil | 17.4 | 18.7 | 23.9 | 31.1 | 21.4% |
| New Zealand | 15.7 | 15.1 | 13.1 | 15.8 | 0.2% |
| Others | 326 | 220 | 275 | 362 | 3.6% |
| Total | 1,191 | 1,020 | 1,058 | 1,432 | 6.3% |
Top Export Markets for Whisky from the United States in 2022:
- Spain (26.5M litres)
- Australia (24.9M litres)
- United Kingdom (19.2M litres)
- Japan (18.9M litres)
- Germany (15.6M litres)
- Netherlands (15.0M litres)
- Brazil (11.3M litres)
- France (8.2M litres)
- New Zealand (5.3M litres)
- Poland (4.8M litres)
- Panama (3.8M litres)
- Canada (3.6M litres)
- United Arab Emirates (3.3M litres)
This report provides an in-depth analysis of the whisky market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
564
This report provides an in-depth analysis of the whisky market in the U.S..
783
This report provides an in-depth analysis of the spirits and liqueurs market in the U.S..
287
This report provides an in-depth analysis of the market for spirits, liqueurs and other spirituous beverages in the U.S..
453
This report provides an in-depth analysis of the grape wine spirits market in the U.S..
502
This report provides an in-depth analysis of the rum market in the U.S..
523
This report provides an in-depth analysis of the gin and geneva market in the U.S..
1250
This report provides an in-depth analysis of the global whisky market.
2141
This report provides an in-depth analysis of the global spirits and liqueurs market.
329
This report provides an in-depth analysis of the global market for spirits, liqueurs and other spirituous beverages.
570
This report provides an in-depth analysis of the global grape wine spirits market.
377
In August 2022, the average whisky import price amounted to $8.6K per thousand litres, picking up by 8.2% against the previous month.
397
The average whisky import price stood at $9 per litre in June 2022, picking up by 6.4% against the previous month
708
The establishment of duties on alcohol trade between the U.S. and the EU has led to a sharp drop in the export of American spirits. A further increase in the EU import duty on US whiskey may facilitate this decline. Alcohol imports from the EU to the American market also dropped, but this was compensated by increasing purchases from Mexico. The temporary suspension of duties on alcohol should help boost the U.S.-EU trade. The key trends in the American spirits and liquor market include the growing popularity of ready-to-drink beverages and the increasing demand for luxury spirits and alcohol, as well as beer and flavored malt beverages.
350
Learn how to successfully enter the rum market in the United States with this comprehensive guide. Get valuable insights, official data sources, and a list of trade shows and exhibitions to support your market entry efforts.
535
Learn how to export rum to the United States with this 10-step guide. Understand regulations, find a U.S. importer, distribute your product, and build long-term relationships for success.
184
In February 2023, the price of gin and geneva rose 20% to $9.9 per litre (CIF, US) compared to the prior month.
250
This article explores the world's best import markets for whisky, including the United States, France, Singapore, the Netherlands, Germany, Taiwan, China, Japan, Australia, and Spain. It highlights their growing demand for whisky, the popularity of different styles and brands, and the emergence of whisky culture in these countries. The IndexBox market intelligence platform provides valuable data and insights for businesses operating in the whisky market.
248
Explore the top import markets for spirits and liqueurs based on their import values. Find out key statistics and market insights on the world's leading countries for importing spirits and liqueurs.
1292
In 2016, the amount of spirit and liqueur imported worldwide stood at X tons, coming up by X% against the previous year level. The total import volume increased at an average annual rate of +X% o...
800
In 2016, the amount of spirit and liqueur imported worldwide stood at X tons, coming up by X% against the previous year level. The total import volume increased at an average annual rate of +X% o...
