Bourbon popularity exploded a few years ago but the market is over saturated -- too much inventory and people have moved on to other things. Also anti-American sentiment due to Tariff Man is reducing exports. At my local liquor store, a year or two back if you wanted a bottle of buffalo trace, you had to show up on delivery day (Friday afternoon) and I think they imposed a 2-bottle limit. Now, they've got boxes stacked on boxes filling up the aisles and it's all on sale.
Huge slump at moment. Folks over-purchased chasing hype/scarcity during and following COVID. Production increased but demand has softened sharply, for several reasons. For a lot of folks I know, it’s as simple as they simply don’t have the physical space to keep accumulating bottles. Others have grown bored and decided to exit the “hobby” and send 90% their collection to places like K&L for auction.
Bourbon sales are in decline. A combination of sales not recovering post Covid pandemic and US tariffs (and presidential belligerence) putting off consumers in export markets.
Not sure what he’s saying, but some Canadian provinces banned import of USA spirits, as retaliation to tariffs, and allegedly this has hurt bourbon sales.
sounds like a market manipulation with fake hopes
Great, nobody is buying Bourbon and nobody is buying supercapacitors, so it works out.
Bourbon is wildly popular? If this is meant as a joke I'm afraid I've missed it.
Bourbon popularity exploded a few years ago but the market is over saturated -- too much inventory and people have moved on to other things. Also anti-American sentiment due to Tariff Man is reducing exports. At my local liquor store, a year or two back if you wanted a bottle of buffalo trace, you had to show up on delivery day (Friday afternoon) and I think they imposed a 2-bottle limit. Now, they've got boxes stacked on boxes filling up the aisles and it's all on sale.
Huge slump at moment. Folks over-purchased chasing hype/scarcity during and following COVID. Production increased but demand has softened sharply, for several reasons. For a lot of folks I know, it’s as simple as they simply don’t have the physical space to keep accumulating bottles. Others have grown bored and decided to exit the “hobby” and send 90% their collection to places like K&L for auction.
Weird hobby buying bottles of bourbon and just accumulating them. I drink mine!
Bourbon sales are in decline. A combination of sales not recovering post Covid pandemic and US tariffs (and presidential belligerence) putting off consumers in export markets.
https://www.bbc.com/news/articles/ckglnk6yxlko
Not sure what he’s saying, but some Canadian provinces banned import of USA spirits, as retaliation to tariffs, and allegedly this has hurt bourbon sales.
Unless I'm mistaken there's somewhat of a bourbon crisis where the production has massively outpaced the consumption lately
Could be a tariffs joke