What’s causing the price increases in whisk(e)y?
We’ve been discussing how much whisk(e)y prices have increased so much more than inflation over the past few years. It seems to be across the board, from entry level to high-end whiskies. So, I was wondering, what’s causing the price increases?
I know the cost of grain has gone up but recently but, if a whisky is 15 years old, the price of barley over the past couple years has no bearing on a 15 year old whisky. If not the cost of ingredients, what then? Is it the cost of bottling and packaging? Transportation? New investments in increased production?
Are the producers taking a bigger margin? Importers? Wholesalers? Retailers?
You are an intelligent bunch of whisky enthusiasts and represent the spectrum of the whisky world. What are your thoughts on this? Why are we paying so much more for whisk(e)y?