Price rise

[sorren]

Just reading the topic of first bottle bought and it strikes me that the prices we paid for our first bottles were pretty good value, I just looked at The Whisky Exchange in order to buy a Glenfarclas 40 and noticed it's gone up by almost £100, although it's still good value for a fantastic 40 yo it's a pretty steep rise, what's your opinions on the rises and which whisky that you buy have you noticed the rises to the point where you re consider buying it...

[opelfruit]

It seems to be the older/more expensive whiskies that have the steepest rises. I bought a Benromach 30 for about £160 18 months ago and it's now £220. A £60 rise, or near as much 40%.......
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"Too much of anything is bad, but too much good whisky is barely enough."

[sorren]

I just wonder where they can justify a £100 rise in one shot, £60 is a whack too, I can understand £20-£30 rise but any more is greed

[opelfruit]

They get what they can and the main increase in demand is on whiskies that are also in the shortest supply....older ones.


...and they are also a business, so maximum profits are good for shareholders right. The beauty is that the increase in demand was short term and they have over produced to cope, so when all the maturing stock is ready there will be surplus, as whisky is long term and global market demand is fickle. More supply than demand and it's price drop time. Let's just hope we don't get distillery closures.

1983 anyone?
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"Too much of anything is bad, but too much good whisky is barely enough."

[sorren]

The bargains are getting harder to find, I'm glad I've got my stash of older whiskys to drink, before they get beyond my limit

[Carson]

There are certainly much fewer 18 years plus whiskys priced for everyday dramming now compared to 5 years ago when the average age of my everyday dram would have been around 18 years old.

Who would have guessed Highland Park 18 would be £100 today, incidentally it has £15 off over at The Whisky Exchange at the moment.

[Big Mac]

For most of my Scotch single malt drinking life the price of single malt has been pretty stable, going up with the price of inflation, but the last 5 or so years it appears to have acquired itself some sort of designer image and a price tag to go with it. Luckily I have a large stock of aged whiskies to dip into when I want a dram but the prices today on aged whisky isn't justified in my opinion, perhaps there are enough mugs out there to sustain the price increases but I hope not and it blows up in the greedy whisky companies faces,

[Big Mac]

I will just add AGE justifies the price, no age statement then there shouldnt be a big price.

[STUDOGG37]

Regarding the Glenfarclas 40 year old, a shop near me sells it for £295, not sure how much the delivery costs are.

TWE is selling at £465..........?

Glenfarclas had a price increase last June at the distillery.
Maybe now the retailers are playing catch up.
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You can't push anyone up the ladder unless he is ready to climb himself.

[Mr C]

I've tried the 25 & the 40. I actually prefer the 25 more if i am honest.

[sorren]

That surprises me, I thought the 25 was very raw somehow, the 40 is the stand out bottle followed by the 15 then the 30 then 21 and somewhere around here was the 25 😬... But then I do like toshans so I know nothing 😉

[Diademo]

It seems that whisky boom is over or at least is slowing down.
Prices are still rising, OTOH sales volumes for Scotch whisky are steadily going down for the last two years (demand is lower).

Let's hope that we will see correction of prices soon but probably this year will be business as usual (steady rise of prices for older single malts).

In the beginning of the year I'm still planning to buy as before - I will get mostly my regular stuff and some interesting older/single cask bottles. Later on I will probably buy less and dig into my stash.

[sorren]

I'm not sure I agree the whisky boom is over, I think it still has not fully peaked, I see prices going up but just did not expect such big hikes, as for prices coming down I don't see it, there might be a lot more NAS which don't command the high prices, but in general prices will remain stable,
As for buying I am thinking the high end bottles are becoming out of reach for me, I'll prob just buy " drinkers" and lower priced specials,

[opelfruit]

It wasnt ever a boom, it was a flash in the pan driven by money from over seas markets being spent of what they perceived to be a luxury product. Those buyers change their minds more than my wife does and now they have moved on. Among the normal of us there isn't a boom.

The surge was so fast and unexpected that it hit old stocks which is why prices have risen so much, those stocks can't just be replaced over night.

Now us normal purchasers are fed up with being peddled cr4p so sales will fall in this area (Rubbish NAS), when your product ain't selling it's time to let the price fall. The only people still buying his end are speculators, which isn't enough to sustain a market.

A year or so and I think there will be either a freeze in prices (real term fall) or a real fall in sticker price.....not of high ends but hopefully 18yo etc down.
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"Too much of anything is bad, but too much good whisky is barely enough."

[sorren]

My thoughts are more NAS, less aged bottles so in a sense no price drop, we will pay more for younger, the high end stuff will still sell for a premium, the collectors will still pounce, the second hand market will continue for a while, whatever we call it whisky will still be a luxury for many, and luxury comes at a cost and always will 😐