The Scotch whisky market boomed in 2021 and 2022. But following a period of substantial growth, 2024 proved to be a difficult year for the industry. According to The Spirits Business, Scotch exports dropped by 18 percent in the first half of 2024 when compared to the same period the year before. Bumps in domestic taxes and tightening regulations, pressure on consumer spending, and instabilities in the global trade market have put constraints on producers and customers alike. The lattermost is...
