If you’re looking for excellent whiskey investments, our exceptional whiskey brokers are here to help. We can discuss your cask whiskey buying options in detail, specializing in maximizing yields in both the Irish whiskey and Scotch markets.
Is it Worth Buying a Cask of Whiskey?
Wondering if investing in whiskey is worthwhile? The answer is a resounding ‘yes.’ The alternative investment market offers impressive returns, especially with New Make Irish cask whiskey and Scotch whiskey cask investments. The Irish whiskey industry is thriving.
The latest Whisky Cask Market Report, analyzing data from 2,000 casks across 65% of Scotland’s distilleries, states that “Whisky casks offer investors protection against volatility.” If you had invested £100,000 in whiskey casks in 2018, your investment would be worth £184,797 today. This is nearly double the returns of the FTSE-100 and 19% higher than gold.
The report highlights the BC20 Index, which tracks the projected values of a representative sample of twenty casks from various distilleries. This index grew by 14.36% this year. On average, a recently filled cask can increase in value by 33% per year for its first three years.
This growth trend, as noted by The New York Times, illustrates why Scotch whiskey is booming. The BC20 specific whiskies have achieved a 19.88% annual return, even during the global pandemic. According to the Scotch Whisky Association, 36 bottles of Scotch whiskey are shipped every second, demonstrating rising global demand.
The Irish Whiskey Market Boom
The Irish Whiskey Association’s Irish Whiskey Global Report 2022 shows a record 21% increase in cases traded this year compared to the previous year. Markets in India, Nigeria, and China are expanding, driving demand. This growth is expected to continue at 7.6% annually over the next five years—a remarkable trajectory.
To achieve the best returns on whiskey cask investments, the Whisky Cask Market Report advises selecting the right combination of casks. We agree: expert guidance is crucial when investing.
The Importance of Engaging a Whiskey Broker
To find the most suitable whiskey casks for investment, your first step should be to consult our whiskey brokers. They can secure the best deals tailored to your needs. Buying a barrel of whiskey requires a methodical approach, and our team of expert cask whiskey brokers will guide you through the process.
Identifying the Right Casks for You
Our whiskey brokers act as intermediaries between clients and distilleries. We assess your investment needs and financial plan to find the most suitable casks. Our relationships with renowned distilleries in Japan, Ireland and Scotland enable us to secure casks at reduced costs, passing these savings on to you.
Exit Strategies
For your peace of mind, every cask is stored in a bonded warehouse, insured, and HMRC-compliant. You can exit your investment whenever you choose. Distilleries often have the first right of refusal to repurchase your casks. Alternatively, you can sell your cask at a whiskey auction or through a network of private buyers facilitated by our brokers.
To learn more about the process, call our whiskey brokers at 0203 398 1577 today, or email us at invest@irishtradingwhiskey.com to start your whiskey investment journey.