UK gin sales reach £1.5 billion in a year

Sales of gin in the UK broke another record, reaching £1.5 billion or roughly 55 million bottles in the 12 months to the end of March 2018, according to the latest figures from the Wine and Spirit Trade Association (WSTA.)

As part of its market report, released to mark World Gin Day last Saturday, the WSTA revealed that quarterly combined sales of gin in UK supermarkets, shops, pubs, bars and restaurant have increased by over 40%.

In the year ending 31 March 2018, UK gin sales rose by 28% in volume and by 33% in value to reach £1.5 billion, meaning that sales have more than doubled in value in five years (£696m y/e March 2013).

The WSTA reported that Dry January did not dampen the thirst for the spirit, while sales were boosted by events such as Mother’s Day which saw strong sales of both bottles of gin and gin-related paraphernalia.

A report in 2017 by the IWSR predicted that gin would grow by 37.2% by 2021. The industry is already moving in that direction with gin exports breaking the £500 million barrier for the first time in 2017 to reach £530m.

Gin is also reported to be a “key driver” in rising distillery numbers in the UK, with 49 new distilleries opening in 2017 bringing the total to 315.

As a result, the WSTA has predicted that gin will be a £2 billion industry by the end of this year.

Miles Beale chief executive of the Wine and Spirit Trade Association said: “Britain’s thirst for gin shows no sign of waning as we can see from yet another round of record breaking gin sales. Hats off to our skilful and innovative British distillers who keep coming up with interesting botanical blends to create new award-winning gins that are proving very attractive to consumers who have increasingly sophisticated palates”.

Leave a Reply

Your email address will not be published. Required fields are marked *

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

We encourage debate in the comments section and always welcome feedback, but if you spot something you don't think is right, we ask that you leave an accurate email address so we can get back to you if we need to.

Subscribe to our newsletters

Key Account Manager

MMI Maldives
Maldives

Financial Controller

London City Bond
Barking, UK

Duty Manager

The Whisky Exchange
Great Portland Street, London

Spirits Advisor

The Whisky Exchange
London, UK

International Sales Manager

Elixir Distillers
Park Royal, London, UK

Brand Marketing Executive

Elixir Distillers
Park Royal, London, UK

Cellar Door Manager

House of Townend
Melton, North Ferriby, UK

Marketing Manager

The Whisky Exchange
Whitby Avenue, Park Royal, London NW10 7SF

Millésime Bio 2020

Montpellier,France
27th Jan 2020

Maisons Marques et Domaines Annual Tasting

London,United Kingdom
29th Jan 2020

Austrian Wine Tasting

London,United Kingdom
3rd Feb 2020
Click to view more