Spirit Cruises January 2023 Leaderboard

Bourbon Production Is Booming; So Is Consumption

by The Drink Nation on Aug 19, 2014 in Liquor
Bourbon Production Is Booming; So Is Consumption

In response to the increasing popularity of bourbon — and the subsequent growing scarcity of it as a result — Kentucky distilleries reportedly filled more barrels with the brown stuff in 2013 than any other year since 1970.

Trade group the Kentucky Distillers' Association says bourbon producers put as many as 1.2 million barrels of bourbon down in their stockhouses last year, according to Associated Press. What’s more inventories currently exceed a 5 million barrel benchmark set in in 1977.

But that doesn’t mean we’re any closer to heading off looming shortages.

At the same time distilleries are boosting their outputs, drinkers are putting the stuff away like never before. And since the demand shows no sign of letting up — especially not with the rapid increase of both disposable incomes and demand in China — bourbon producers are setting much those record breaking inventories aside for future markets.

Still, there’s no need to have a freakout over it; though in high demand, an all out depletion of the stocks is highly unlikely. As is the chance of prices falling in our lifetimes.

 


Tags: Bourbon, Whiskey
Recent Articles
spacer

Feedback

How are we doing? Tell us what you like or don't like and how we can improve. We would love to hear your thoughts!

*Name:
*E-mail:
*Suggestions:
 
Pamper Yourself at These Spas with Bars in Philadelphia

Pamper Yourself at These Spas with Bars in Philadelphia

Whether you're going solo or heading out with friends, we've got just the place for your to relax and enjoy a good drink...read more ›

by Jessie Donofrio Apr 5, 2023
The Best Mocktails, Zero Proof, & Non-Alcoholic Drinks in Philadelphia

The Best Mocktails, Zero Proof, & Non-Alcoholic Drinks in Philadelphia

Not drinking alcohol tonight? These bars and restaurants have you covered with inventive, thoughtful, and down...read more ›

by Michelle Cassidy Jan 11, 2023
Inflation Hits PA Wine & Spirits with 4% Price Increase Across 3,500 Products

Inflation Hits PA Wine & Spirits with 4% Price Increase Across 3,500 Products

The PLCB, announced that a 4% price increase would go into effect on 3,554 of its most popular wine and spirit...read more ›

by Jessie Donofrio Jan 9, 2023
SPONSORED
The Best Cocktail Bars in Philadelphia

The Best Cocktail Bars in Philadelphia

Here it is - the definitive list of Philadelphia's best cocktail bars....read more ›

by Drink Philly Dec 13, 2017
The Philly Distiller Who Got Laid Off and Moved to Hawaii to Make Gin

The Philly Distiller Who Got Laid Off and Moved to Hawaii to Make Gin

In this segment we speak to Olivia Babiec, the former Philadelphia Distiller who moved to Hawaii to make gin...read more ›

by Jessie Donofrio Jan 5, 2023
Bars & Restaurants that Host Private Events in Philadelphia

Bars & Restaurants that Host Private Events in Philadelphia

Holidays, birthdays, weddings, or any private event - Philadelphia has you covered...read more ›

by Drink Philly Dec 5, 2022
Where to Celebrate Philly Cider Week 2022, October 23-30

Where to Celebrate Philly Cider Week 2022, October 23-30

The fourth annual Philadelphia Cider Week is being celebrated from Sunday, October 23 through Sunday, October 30...read more ›

by Jessie Donofrio Oct 21, 2022
Enjoy Fall Weather & PA Ciders in a Historic Setting at CiderFest, October 15 & 16

Enjoy Fall Weather & PA Ciders in a Historic Setting at CiderFest, October 15 & 16

Fall is here and what better way to celebrate than at CiderFest at the historic Woodford Mansion in Fairmount ...read more ›

by Drink Philly Oct 13, 2022
WitchCraft: Halloween Themed Beer Fest in the Middle of the NJ Woods Returns October 14 & 15

WitchCraft: Halloween Themed Beer Fest in the Middle of the NJ Woods Returns October 14 & 15

The team behind the Atlantic City Beer & Music Festival have conjured up a spellbinding event - WitchCraft - a...read more ›

by Jessie Donofrio Oct 12, 2022
LMNO: An Inside Look at Their 'Choose Your Own Adventure' Cocktail Menu

LMNO: An Inside Look at Their 'Choose Your Own Adventure' Cocktail Menu

Fishtown has a new Baja Mexican destination for tequila and mezcal fans...read more ›

by Drink Philly Feb 14, 2022
SPONSORED
View all Articles

Sign up to get weekly drinking news, bar reviews, events and more sent directly to your inbox!

Close