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Lovers of a good glass of whiskey had a hard time for a long time. The top prize was asked for a good single malt whisky.
On the one hand because more and more people discovered the holy grail of whiskeys, and on the other hand because investors had invested in the drink due to the low interest rates. The whiskey craze now seems to be coming to a cautious end. "Perhaps a good thing, because prices have gotten enormously out of hand," is said about the expected 'normalization' of whiskey prices. "Fortunately. Whiskey is made to be enjoyed, not looked at." The trend should bring a glass of good single malt, aged ten to twenty years, within reach again. "The ordinary consumer is going to have a good time," The Austrian keeps track of a monthly price for whiskey on his website Whiskystats. A kind of stock index like the S&P 500. "But for the 500 most popular whiskeys in the world." The index shows that the prices of these whiskeys have fallen since the peak in March 2022. Initially, this decline was noticeable at auctions. There you see old whiskey now being sold for prices you haven't seen in years. The prices in the store always lag behind those at auctions. But we also see the first price corrections there, although still small." Dripping investors are probably the cause. They had turned to whiskey because the low interest rates meant they had little benefit from money in a savings account. They hoped that bottles of whiskey would quickly increase in value. This has also been proven in practice, as the index shows. But since central banks in Europe and the United States started raising interest rates significantly about two years ago, the whiskey hype among investors has waned. Apart from the investor frenzy, production was increased ten years ago to meet the growing demand from regular drinkers. In addition to expansions of major whiskey brands, many small distilleries were also added. In the meantime, the new production of the sought-after single malt should slowly come onto the market after years of maturing. Yet the price in the store has not yet fallen. Rumors are circulating online that the large Scottish producers in particular are maintaining the scarcity and thus the high prices by storing the new production for a little longer. Whether that is really the case remains a matter of speculation. "It seems that many larger distilleries are sitting on their stock a bit. In any case, it is more difficult for independent bottlers to get good barrels." The Blog Tags Widget will appear here on the published site.
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