Growth stalls for whisky exports

bottling plant Sales were strong in the US and Russia but fell by nearly a quarter in Spain in the first half of 2012

Related Stories

The rapid growth of Scotch whisky exports stalled in the first half of this year, according to new figures.

The Scotch Whisky Association (SWA) said the value of trade stood at £1.8bn - the same as the first half of 2011.

There was a 13% boost in demand from the US, while sales were also up strongly to Russia and Venezuela.

But with the eurozone economy struggling, exports to Spain - the fifth biggest market for Scotch - fell by 24%.

An increase in alcohol taxes in France, the second biggest market, helped to explain a 14% drop there.

Germany saw exports climb by 4% to £65m in the first six months of the year, while India saw an increase of 28% to £28m.

The total value of Scotch whisky exports grew over the full year to the end of June, rising by 12% to £4.2bn.

SWA chief executive Gavin Hewitt said: "Over the past year the value of Scotch Whisky exports has continued to increase and we're delighted to build on our outstanding success in 2011 with 12% growth in the last 12 months.

"While there has been a levelling off in the first half of this year, the industry remains confident about the future.

"Recent announcements of investments in new distilleries and the expansion of existing facilities demonstrate the level of confidence producers have in future growth opportunities."

More on This Story

Related Stories

More Scotland business stories


Features & Analysis

  • Woman in swimming pool Green stuff

    The element that makes a familiar smell when mixed with urine

  • Plane at Shannon airportShannon's call

    The airport that hosted a roll-call of presidents

  • Susanne du ToitTop 10 Tips

    Portrait painter Susanne du Toit on being an artist

  • Atletico's Diego Godin celebrates his goal with teammate David VillaWeek in pictures

    The best news photographs from around the world

Elsewhere on the BBC

  • ITChild's play

    It's never been easier for small businesses to get their message out to the world


  • Joe Ierardi playing a pianoClick Watch

    Meet the man trying to create the perfect digital piano - but is it as good as the real thing?

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.