Scotch whisky achieves record productivity

Inward investment and the development of international markets have helped Scotch Whisky reach record levels of productivity not seen since the 1970s, according to research published today by 4-consulting. ‘Scotch Whisky & Scotland’s Economy – A 100 Year Blend’ was commissioned by the Scotch Whisky Association (SWA) to mark its Centenary.

The total impact of Scotch Whisky on Scotland’s economy is £4.2bn – £2.9bn from the industry and £1.3bn through the supply chain. Exports are worth more than £4bn annually, ahead of refined petroleum at £3bn and business services worth £2.5bn. The research found that Scotch Whisky underpins the expansion of Scotland’s total international export markets, accounting for 55% of the growth since 2002.

A further investment of £2bn in Scotland in the next few years has been committed by Scotch Whisky producers.

28 December 2012 - Felicity Murray