Page 82 - IAADFS Summit of the Americas 2024 Special Edition
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INSIDER



          Haleybrooke showcases top players in fast-growing wine & spirits categories



              Haleybrooke International is                                        “The Liquor Handbook states that
          showcasing brands from some of the best-                             Broken Shed is the fastest growing vodka
          selling categories in the wines and spirits                          in the USA for the third year in a row
          sector at its booth at the Summit of the                             and l will be telling that story to our
          Americas.                                                            Travel Retail customers explaining why
              Haleybrooke International President                              consumers love Broken Shed Vodka which
          Patrick Nilson tells TMI that he is looking                          receives its smooth taste due to whey,
          forward to a successful show, and will                               the dairy byproduct, being used in the
          have representatives from his brand                                  distillation process,” says Nilson.
          owners onhand to discuss their brands with
          attendees.                                                           Fine French Wine
                                                                                  Haleybrooke has represented Labouré-
          Tequila                                                              Roi Burgundy wines for airport and border
              Tequila is still on fire in the United   $65.00 a bottle,” says Nilson.  stores in North America but it is also
          States. According to the IWSR, global                                now the Travel Retail agency for three
          tequila volumes are set to rise at a   World Whiskey                 additional Boisset wineries in Burgundy
          compound annual growth rate (CAGR) of   Haleybrooke will be featuring the   France. The company added J. Moreau &
          +7% between 2022 and 2027, and the U.S.   award-winning Penderyn Single Malt   Fils, the famed Chablis producer founded
          is poised to grow at a CAGR of +9% over   whiskies from Wales on-stand, tapping into   in 1814; Antonin Rodet founded in 1875
          the same period.                  the growing category of world whiskey.  with 50 references from Grande Bourgogne
              Nilson believes that Haleybrooke   “Penderyn had a very successful year   selling over one million bottles a year; and
          has the ideal tequila in its portfolio to take   in Travel Retail in 2023 being up 80%   Nicolas Potel founded in 1997 with a wide
          advantage of the popularity of the agave   versus 2022. Their GTR business is five   selection of red and white Burgundy wines.
          category                          times bigger than before the pandemic. At   “We will have wines from all four
              “While it seems that a new tequila   the Summit in 2023 we featured Penderyn   wineries available for tastings at the
          brand is being launched each day, Centinela   Madeira Finish Single Malt and Penderyn   Summit of the Americas,” says Nilson.
          is in the enviable position of having its   Faraday which is a Travel Retail exclusive.
          own agave fields and distillery and the   DFS was interested in the brand but also   Bottega
          largest inventory of aged tequila in the   wanted the Penderyn Legend and the   Haleybrooke represents Bottega
          world with 69,000 oak barrels aging n their   Penderyn Portwood Finish which they   liqueurs, spirits, still and sparking wines for
          warehouse in Mexico. Centinela actually   listed at LAX, SFO and JFK so we now   Travel Retail in the USA including Bottega
          supplies tequila for some of the top tequila   carry all four SKUs in-bond in Miami.”  Gold Prosecco which is the #1 sparkling
          brands including some of the newcomers                               wine in Travel Retail according to the
          so I am confident that we will have supply   Vodka                   IWSR . Bottega’s booth is located at Foyer
          of Centinela Tequila for our customers   Haleybrooke is looking to capitalize   5 which is next door to the Haleybrooke
          going forward. We now have six Centinela   on the extraordinary success Broken Shed   booth (Foyer 6) at the Summit of the
          Tequila SKUs available in-bond in Miami   Vodka has had in the USA domestic market   Americas.
          with suggested retails from $29.00 to   with its customers in travel retail.

          U.S. Spirits Exports Hit Record High in 2023 Driven by American Whiskeys


              Total U.S. spirits and American   and aluminum dispute for 15 months,   The top five markets for U.S. spirits
          Whiskeys set new records following the   until March 31, 2025. If no agreement is   in 2023 were: 1) European Union ($883
          lifting of retaliatory tariffs on American   reached, the EU will reimpose its tariff on   million); 2) Canada ($262 million); 3)
          Whiskeys, according to the Distilled Spirits   American Whiskeys at 50%, up from the   Mexico ($139 million); 4) Australia ($138
          Council of the United States (DISCUS).  previously imposed 25%.      million); and 5) United Kingdom ($129
              The DISCUS American Spirits Export   The analysis also showed that over   million).
          Report found U.S. spirits exports totaled   the past two decades, global U.S. spirits   American Whiskeys accounted for
          $2.2 billion in 2023, up 8% compared   exports, driven by American Whiskeys,   63% of all spirits exports in value terms
          to last year. American Whiskeys, which   have increased 280%, from $587 million to   and 34% in volume terms. The top five
          account for 63% of all U.S. spirits exports,   more than $2.2 billion (2002-2023).  markets for American Whiskeys in 2023
          increased by 9% over 2022 to reach a   Approximately 40% of U.S. spirits   were: 1) European Union ($705 million);
          record $1.4 billion.              were exported to the EU totaling $883   2) Australia ($121 million); 3) Japan ($106
              In December 2023, the EU announced   million, making it the U.S.’ largest export   million); 4) United Kingdom ($86 million);
          that it would continue the suspension of   market. Total U.S. spirits exports to the EU   and 5) Canada ($76 million).
          tariffs on American Whiskeys in the steel   grew by 24% compared to 2022.


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