Scotch Whisky exports show growth in first half of 2018
19 Oct 2018
Scotch Whisky exports increased in the first half of
2018 to £1.97 billion, a 10.8% rise in the value of exports against
the same period last year.
The analysis of official HMRC figures published by the Scotch
Whisky Association (SWA) also shows the volume of exports increased
by 5.6% to almost 558 million bottles.
Single Malts continue to grow in popularity, with exports up
14.4% to £550 million in the first six months of the year. Single
Malts now make up 28% of the value of all Scotch shipped
Exports of Blended Scotch Whisky grew too, rising 8.9% to an
export valuation of £1.26 billion. Scotch Whisky, which has been
exported all over the world for 150 years, is now being shipped to
major emerging markets at a faster rate than ever before. Exports
to China in the first six months of 2018 were up 34.8%, to £36.3m,
with India increasing by 44.4% to over £56m.
The US remains the largest export market by value at over £400m,
with France largest by volume at almost 90m bottles. The European
Union remains the biggest regional destination for Scotch,
accounting for 39% of the volume of Scotch Whisky exports and 31%
of their value.
This underscores the importance to the Scotch Whisky industry of
the UK achieving a smooth exit from the EU and the real downsides
of a 'no deal' Brexit, which could have an impact on growth in this
developed regional market.
The SWA has also warned that the industry needs support at home
if Scotch Whisky is to sustain growth in the long term. With the UK
Budget under two weeks away, the SWA is calling for a duty freeze
on Scotch Whisky. A freeze in duty will prove the UK government's
determination to champion the industry and back Scotch's continuing
export success story.
Karen Betts, SWA Chief Executive, said:
"It's hugely encouraging to see Scotch Whisky exports continue
to grow - and at double-digit rates - in the first half of this
"Scotch Whisky is a luxury spirit, crafted with care in
Scotland, and enjoyed all over the world -in established markets
like the EU and emerging markets like India and China. As the UK
leaves the EU, the industry wants to continue to trade with the EU
as easily as it has while being able to pursue growth opportunities
"But in order to flourish overseas, the industry needs support
at home. Competitive tax rates are crucial, enabling producers to
start-up, scale-up and invest for growth, such that they continue
to be the dynamic job-creators, employers, tax-generators and
exporters that they are.
"Right now, £3 in every £4 spent on Scotch in the UK is
collected in tax by HM Treasury. The industry believes this tax
burden is too high, and is more likely to stifle growth than
nurture it. That is why we are calling on the Chancellor to freeze
duty on Scotch Whisky in the Autumn Budget."
Notes to Editors:
Full 2018 export figures will be released in February 2019. For
Scotch whisky export figures in 2017 please visit: