In our 2019 report we document a whisky auction market which continued its strong growth in size. We also find out in what sense the market moved away… Read the full Article at: The Whiskystats Annual Report of 2019 (I/II)
Really interesting article. The Gini coefficient is a great way of looking at it. So the Whisky world is a bit like the real world. On average everyone getting richer but the lion’s share going to those at the top.
I’ve done some analysis on age in the past but never thought about vintage as a differentiator before. Always good to learn new stuff.
I look forward to part 2.
yes exactly, the difference between the top and the bottom increases. Especially when considering that we currently do not track those few ultra-premium auctions of Bonhams, Sotheby’s and the like. With them, the effect would be even more pronounced.
The number of bottles and their value has been increasing over the years.
This could be due to
1 The same number of people buying more bottles
2 More people buying the same number of bottles.
3 Somewhere in between.
Do you have any data on the number of market participants?