Are they in time?

A few years ago, in 2009, us whisky fanatics were thrilled by the opportunity to buy bottles of whisky from the first new distillery in quite a while. Not ages, since there was Arran about a decade before, Glengyle, Ardbeg, Bruichladdich and some others, but still it was something new for many of us.

Kilchoman Inaugural Release

Kilchoman Inaugural Release

Without flinching we paid sizeable bucks for a three year old Kilchoman, mostly because there was the sympathy vote. A new independent distillery, in a crisis, without cash to spare. We all gladly chipped in to help out.

This doesn’t work for any distillery. Bruichladdich made it because they could charge regular prices for regularly aged whiskies from old stock. Glengyle/Kilkerran can hold its own mostly because of the Springbank and Longrow profits (plus, it only runs a few weeks per year).

Last year Glenglassaugh released their first three year old and I don’t know many people who bought it. Enough peope did probably, but they also have old stock that’s being sold off at premium prices.

Wolfburn Distillery

Wolfburn Distillery

I am just wondering what will happen in 2016/2017. There’s a new batch of distilleries being (re)built now or soon. In the second half of this decade we will probably see the first releases of Wolfburn, Falkirk, Annandale, Kingsbarns, The London Distilling Co., Ardnamurchan and Barra. There are probably a few more but these are the ones I can think of from the top of my head.

Drawing of Annandale Distillery in 1900 by David Simon

Image by David Simon

I can’t help but worry for the people taking the risks of building a distillery and getting loans to do it. I wonder if people are still willing to pay anywhere up from € 50 for a three year old whisky because it’s new, if it’s the fifth in a year. I worry because I am willing to spend money on whisky, quite a lot if you ask my wife, but I hardly ever buy anything from the new kids on the block at this moment. I have some Kilchomans but haven’t bought any in two years. The same goes for Glengyle. I skipped the Glenglassaugh. I can’t remember anyone being thrilled by Abhainn Dearg.

Let’s just hope people have thought this through properly and are not just trying to hop on the bandwagon of whisky before the boom goes bust! (Or putting all their eggs in the collector’s basket, for that matter).

About these ads

About Sjoerd de Haan-Kramer

I'm a web developer at Emakina. I'm highly interested in booze, with a focus on whisk(e)y and beer. I like to listen to loads of music and read an occasional book. I'm married to Anneke, have a daughter Ot and a cat called Kikker (which means Frog, in Dutch). I live in Krommenie, The Netherlands.
This entry was posted in - News and Announcements. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s