wpforms-lite
domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init
action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /nas/content/live/fredminnick/wp-includes/functions.php on line 6121Vodka Still King; American Whiskey Revenue Up 7.7%, Study finds
Shortly after the Kentucky Distillers’ Association announced bourbon’s $8.5-billion economic output, the Distilled Spirits Council released its Economic Impact study covering last year.
The highlights were (from the press release):
American whiskey – Bourbon, Tennessee and Rye – volumes up 6.8 percent to 21.8 million cases and revenues up 7.7 percent to $3.1 billion. Note: The KDA report cited economic output, not revenues.
Cognac volumes up 12.9 percent to 5.1 million cases; revenues up 15.3 percent to $1.5 billion;
Irish Whiskey volumes up 18.7 percent to 3.8 million cases; revenues up 19.8 percent to $795 million;
Tequila volumes up 7.1 percent to 15.9 million cases; revenues up 7.5 percent to $2.5 billion; and
Vodka volumes, or one-third of all spirits volumes, up 2.4 percent to 69.8 million cases; revenues up 4.1 percent to $6 billion.
Total U.S. spirits export volumes increased 6.8 percent in 2016, driven largely by American whiskey – Bourbon, Tennessee and Rye – which increased 10.2 percent in 2016.
TOP 5 Export Growth Markets
Vietnam, up $29.2 million USD to a total of $45.9 million USD;
Spain, up $18.6 million USD to reach $104.1 million USD;
France, up $9.7 million USD to $97.6 million USD;
Singapore up 4.5 million USD to reach $30.7 million USD; and
Romania up $2.4 million USD to a total of $10.6 million USD.