<![CDATA[Pressat Main Newswire]]> https://pressat.co.uk/rss/ <![CDATA[Pressat Main Newswire]]> https://pressat.co.uk/media/site/logo.png https://pressat.co.uk/rss/ en-gb Copyright: (C) Pressat Pressat <![CDATA[ "Dynamic" Growth in Asia Fuels Malt's Sustained Progress Says New Research ]]> https://pressat.co.uk/releases/dynamic-growth-in-asia-fuels-malts-sustained-progress-says-new-research-e06ba2ff3ee07d6df3f342305834bf97/ https://pressat.co.uk/releases/dynamic-growth-in-asia-fuels-malts-sustained-progress-says-new-research-e06ba2ff3ee07d6df3f342305834bf97/ Monday 31 March, 2014
The malt whisky sector grew by 46.7% between 2003 and 2012, according to a new report from just-drinks and The IWSR, hitting a record high in 2012 of 7.8m cases, fuelled by strong growth in Asia.

The report, entitled 'Global market review of malt whisky - forecasts to 2018', shows that Asia has seen a "very dynamic" compound annual growth rate (CAGR) of 20.2%, reaching around 1.5m cases in 2012. While most of that growth came from Taiwan, the report adds that most countries in the Asia region are experiencing "healthy growth". Taiwan overtook France in 2012 to become the second-largest market for malt.

Another key driver for the malt sector has been the Travel Retail market, which has grown its share of the category from 12% in 2003 to 15% in 2012. Travel Retail sales in value terms reached US$447.7m in 2012.

Growth has also been strong in the Americas. North America has registered a "very healthy" 6.3% CAGR over the last ten years, according to the report. In 2012, the US was the largest malt market in the world at 1.4m cases, representing a rise of almost 12% from 2011.

The US is also the largest individual market in retail value terms (including excise duties), with a 15.5% share in 2012. The US malt category’s retail value sales climbed from US$272.5m in 2003 to just under US$613m in 2012.

Overall, the global malt market expanded at a CAGR of 7% between 2007 and 2012 in retail value terms (including excise taxes and duties) to reach US$3.95bn.

Europe is the largest region by retail value with a 38% share, followed by Asia Pacific at 22%, the Americas at 21% and travel retail at 11.3%.

However, Europe’s share of the global market has fallen from almost 60% in 2003. Most of this decline can be attributed to softening sales in Southern Europe as a result of the economic crisis.

Italy, Spain and Greece have all seen sharp declines, the report states.
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About just-drinks.com

Established in 1999, just-drinks is a leading online resource for the global beverage industry, publishing around 20 news articles, analysis features and insights every working day. Under the direction of managing editor Olly Wehring, its experienced team of journalists, consultants and analysts provide a unique and comprehensive blend of reports and interpretation of the beverage industry, including key events, trends, interviews and research that are delivered to over 92,000 business executives per month.

Through its web site, webinars and in-depth management briefings just-drinks offers insight into soft drinks, wine, beer, spirits and bottled water industry developments and supply-chain trends, brand and corporate strategies, CONSULT research platform, enterprise technologies such as PLM and ERP.

Furthermore, just-drinks supplies news on manufacturing developments and how the drinks industry is performing around the world.

For details of how just-drinks is helping decision makers make decisions, visit www.just-drinks.com

For further information and images please contact John Newton, Public Relations at Aroq Limited on +44 (0)1527 573 734, email john.newton@aroq.com


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http://www.aroq.com/ 31 Mar 2014 12:48:53 GMT Business & Finance Food & Drink
<![CDATA[ New DECC Switching Statistics Show Just 5.65million Switches In 2013, Second Lowest Year On Record ]]> https://pressat.co.uk/releases/new-decc-switching-statistics-show-just-565million-switches-in-2013-second-lowest-year-on-record-7c9c57abcb67ab85b0be6a71c94890ec/ https://pressat.co.uk/releases/new-decc-switching-statistics-show-just-565million-switches-in-2013-second-lowest-year-on-record-7c9c57abcb67ab85b0be6a71c94890ec/ Friday 28 March, 2014
- There were 5.65 million switches in 2013 - the second-lowest year on record - according to DECC figures released yesterday.
- This is an insignificant 0.3% increase on the worst year on record, 2012.
- There was more switching ten years ago than today, and 2013 saw four million fewer switches than in 2008.
- The energy industry's own statistics show a decline in switching in the first two months of 2014.
- This analysis undermines claims made yesterday by Sam Laidlaw, CEO of Centrica, that "switching is actually on the increase", and by industry body Energy UK that "the UK energy market is increasingly competitive".

Jonathan Senior, Campaign Researcher at ThisIsTheBigDeal.com, said:

"The energy industry's self-serving spin claims that switching is on the rise and the market is increasingly competitive, but in reality the opposite is true. The switching rate in 2013 was the second lowest on record, and it then declined in the first two months of this year. There was more switching ten years ago than now.

After years of price rises, it's no wonder that people aren't switching - widespread disillusionment means they just don't trust any of the energy companies to give them a fair deal. That's why ThisIsTheBigDeal.com can help - by gathering people together, we can break the power of the Big Six and give people cheaper bills."

- Ends -

For further information please contact:

Jonathan Senior
T: 07929 721 219
E: jono@thisisthebigdeal.com

Visit www.thisisthebigdeal.com and @BigDealEnergy.


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http://www.aroq.com/ 28 Mar 2014 12:43:47 GMT Business & Finance