Whiskystats：2024年第三季度威士忌洞察报告：威士忌拍卖价格是否触底？（英文版）（23页）.pdf

1、Have Whisky Auction Prices Bottomed Out?Whiskystats Insights Report UPDATE2024 Q3Since the secondary whisky market peaked in early 2022,trading activity for second-hand whisky has been on a steady decline,a trend that continued into the third quarter of 2024.The number of whisky bottles traded at au

2、ctions and their combined value in 2024 Q3 was exceptionally low,even when taking into account the seasonality effect of the(northern hemisphere)summer months.At the same time,some market segments showed clear signs of stabilisation.Auction prices for Scotch and Irish whiskey remained relatively sta

3、ble from June to September or even gained slightly.Brands that saw their secondary market bottle prices fall significantly over the past two years now see their auction price indices moving into what appears to be a sideward trend.The most notable examples are Macallan and Springbank,both of which c

4、losed 2024 Q3 with an auction price index plus.On the other hand,Japanese whiskies lost a fair bit of their market value over the past three months.For instance,the former leader of the Whiskystats Brand Index Ranking,Karuizawa,is now about to exit the top ten with the Karuizawa index falling back t

5、o a level last seen in August 2014.Hanyu also seems to be sharing a similar fate,with its index retreating to a level last seen in June 2015.The setback is more moderate for the still active Japanese whisky brands like Yamazaki,Hakushu,and Hibiki,but this more modest setback in comparison to Karuiza

6、wa and Hanyu still clearly exceeds the losses suffered by Scotch or Irish whiskey.Post-COVID asset inflation drove prices for collectable whiskies to new and sometimes dramatic heights in 2021 and 2022.Affected by the changes in the macroeconomic climate,the secondary whisky market then stumbled int