This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Scotch Whisky Sector Prospers Despite Global Economic Crisis, According To Just-Drinks & The IWSR

BROMSGROVE, England, February 7, 2013 /PRNewswire/ --

The Scotch whisky sector has not only survived the global downturn, it has prospered, a recently-published just-drinks/IWSR report has concluded.

Dubbing the last decade a "golden period" for Scotch whisky, the just-drinks/ IWSR 'Global market review of blended and single malt Scotch whisky - forecasts to 2017' report finds that, between 2002 and 2011, the global Scotch industry recorded a compound annual growth rate of 1.3%, with overall shipments rising by 21.5m nine-litre cases to 93.26m cases. Moreover, in the depths of the downturn in 2011, volumes rose by 3.9%.

In 2011, the premium-and-above Scotch whisky category grew by 7.7%, from 23m cases in 2010 to 24.8m cases, with value sales rising by almost US$1.9bn year-on-year to $13.1bn.

All indications are that the growth of the Scotch sector was maintained in 2012, the report continues. Exports in the 12 months to the end of June 2012 increased in value by 12%, with growth coming from the US, Venezuela and Germany, and in exports to Russia through the Baltic states. Asia remained steady with good growth in Taiwan, the report states. In the first half of 2012, exports to the US jumped by 13% to GBP303m and it remains the biggest market by value for Scotch.

In 2011, some 17 of the top 25 Scotch whisky markets posted growth, according to IWSR. Scotch whisky boasts more than 19 1m-case markets, with a further ten countries recording sales in excess of 500,000 cases.

Indeed, the report points out that Scotch's strong international profile has acted as a "natural hedge" for the sector during the global slump.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,943.81 +28.74 0.17%
S&P 500 1,967.57 +2.89 0.15%
NASDAQ 4,415.49 +19.2860 0.44%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs