The Whiskystats Price Update for June 2016
Some numbers and figures may not match what you find in the Whiskystats 2.0 database.
Yet another month of the year 2016 went by, and hence new auction results were added to our database. Yamazaki overtook Karuizawa while Lagavulin experienced a remarkable drop.
This round of auctions was the last one before summer holidays kick off in which we expect the activity on the auctions market to rest a little bit too. Nevertheless, before the beaches get flooded the market was as active as it always was. We made 3.588 price observations in June 2016 which affected 2.077 whiskies in our database. The average price was 286 Euros which is what we got used to over the past couple of months. Ardbeg and Islay are again the most traded distillery and region, so no surprise there. Our Whiskystats Whisky Index climbed by 2,3% and thereby reached its all-time high of 274,88. So like in March 2016 we can claim that the 300 most traded scotch and japanese single malt whiskies are once again as valuable as they have never been before.
Yamazaki, Yamazaki, Yamazaki
When we look at our distillery ranking we see that Yamazaki grabbed the second place from Karuizawa. Also, three Yamazaki bottlings made it in the top ten of the most traded whiskies of the month. The Yamazaki Limited Edition 2015 was sold 34 times and prices averaged to 174 Euros per bottle. When we look at the detailed price history, it is highly interesting to observe that in every month prices from WhiskyAuction.com are below those from ScotchWhiskyAuctions.com with only one exception in March 2016.
The Yamazaki Distiller´s Reserve was traded 20 times for 61 Euros on average. This makes it the fourth most traded whisky of this month. A quick look at the history shows us that prices for this whisky moved around 60 to 100 Euros since exactly two years.
The third Yamazaki within the top ten most traded whiskies of this month is the Yamazaki 18yo. Until two years ago, prices for this whisky stayed consequently below 150 Euros. After that it was obviously affected by the Japanese Whisky Boom which saw single prices go as far as 500 Euros. The 16 prices from June 2016 averaged to 361 Euros.
Whats left of the Japanese Whisky Boom
According to our region index of Japan it was back in June 2015, so exactly one year ago, when the price explosion of japanese single malt whiskies reached its climax. Within 12 months, from June 2014 to June 2015, the value of those 100 whiskies that form our Japan index climbed by a staggering 145%. In one of our articles, where we asked some fellow whisky bloggers on their opinions on this observation, our conclusion or best guess was that prices for japanese whiskies “settle in at a very high but market conform level”. Today, another 12 months after the prices for japanese whiskies reached their peak, we see that our Japan index is on a steady decline. To be more precise, over the past 12 months the 100 most traded japanese whiskies lost 15% in value.
The Lagavulin Set Back
If we look at our monthly updated distillery ranking, which ranks the distilleries by their latest index values, we see that Lagavulin lost 13 places and now only resides on place 69 out of 128. The value for the 98 included Lagavulin bottlings dropped by almost 4% within a single month. Before that, those prices climbed by almost 30% within three years (from May 2013 to May 2016).
New on Whiskystats
In this month we added 217 whiskies to our database. In total, our whisky database now displays prices for 17.702 different whiskies. The whisky with the highest price increase among those newcomers is (surprise surprise) yet another Yamazaki. The first price observation for the Yamazaki Owner´s Cask 5c3009 comes from December 2012 and was 280 Euros. The second price, which brought this whisky into our database, is slightly above 1.500 Euros. So the boom of japanese whiskies greets once again since the price for this whisky more than quintupled over a three and a half-year period. Another newcomer with comparable price evolution is the Springbank Vintage 1965 from Cask 2164. Prices for this Campbeltown single malt went from 712 Euros in November 2012 to 3.348 Euros in May 2016.
Back on Whiskystats
Sometimes we also keep an eye on those whiskies which we haven’t seen on auctions for a very long time and which suddenly celebrate a comeback. This month´s comebacker is the Laphroaig 15yo (1988) from Cask 3599. From December 2005 to February 2006 we observed three trades with prices ranging from 92 Euros to 166 Euros. More than ten years later we finally have a fourth observation of 189 Euros. So the prices for this whisky did not changed at all over the past decade.
As always, do not forget to check the price changes of the whiskies in your personal collection!