Big Distillers Say Scotch Production Levels at Full Throttle Despite Slowdown

The Scotch whisky industry has historically been subject to a production cycle of extreme oversupply and shortage because of the long maturation process of the liquid. Beginning in 2009 (and briefly pausing for the recession) demand for Scotch skyrocketed and as a result, production levels have followed suit as suppliers rush to rebuild inventories of longer aged whisky. However, the demand has slowed dramatically in the last two years and Scotch exports are now declining at low single digits on