New distilleries: Delays and cancelled plans
Commercial Spirits Intelligence No.49
As people who have worked in and around the spirits industry for many years, we found that there was a lack of good, public, research on the trends in the spirits industry. Whether it’s trends in wood, or distillery capacity, or M&A activity - many of the existing research providers speak to a specific niche when we wanted a whole-market analysis. In this newsletter we leverage our experience, contacts and market intel to provide meaningful analysis that speaks to relevant issues for you. This newsletter is a collaboration between Duncan McFadzean of Noble & Co, and Martin Purvis. If you find this newsletter valuable, please consider a paid subscription.
An update on planned new whisky distilleries in Scotland
Executive Summary
We have written before about the raft of new distilleries that have launched since then turn of the Millennium. The number of whisky distilleries in Scotland now sits at 152. We are however aware of a lot more that still plan to be built. We wanted to revisit this and see what the current situation is, given the weaker trading environment, operating cost and build cost pressures, and tougher funding landscape. In this article we look at, by distillery: the ones that are currently being built; those with planning permission but not yet building; those that have not yet got planning; and those we see as unlikely to be built or have been delayed meaningfully. We also include the latest status as we understand it.
