Whiskey sales around the world have been on the uptick and it seems a whiskey shortage is on the way.
Jameson Daniels Mark names we have all come to know and love. They've been there for the good days and the bad days but if you want to keep them around you may need to stock up. And it may be time to Hoard the whiskey. Whiskey and bourbon shortage in the coming months. Experts say demand is growing at about twice the pace of the supply. Domestically and internationally, whiskey sales have been boom According to the Distilled Spirits Council, since 2002 sales of US bourbon and Tennessee whiskey have grown by almost 30% while sales of Irish whiskey have jumped more than 80% in the same amount of time. For most companies when demand is high you just hire more employees, buy more parts, and produce more products. But for those in the whiskey business it doesn't really work that way. You're always making something that's two, three, four, and more years into the future and the worst thing that can happen to any of us Is that demand is greater than supply. The top shelf brands are in even more trouble. The DFC reports a 100 percent jump in super premium US bourbon and Tennessee whiskey. We age it for at least eight years. Buffalo Trace says it's America's oldest continuously operating distillery, and It claims to be feeling the super premium pinch. Premium brands are up nearly 20 percent from last year. Buffalo Trace ages many of its barrels for eight to ten years, and some over two decades. That's a long time to wait for a bottle of bourbon. The increase in sales, coupled with the aging process and evaporation loss Least to a shortage with no indian site, if the resurgent for whisky drinkers continues, time rises the two likely outcome. Distilleries age bourbon for shorter amount of time their by dropping quality or their favorite brand rises its price. Either way, seems like good times as any to head to local liquor store. Thanks for watching. I am Zama Angus,