1、Has Economic Turmoil Halted the Recovery of the Whisky Market?UPDATEWhiskystats Insights Report 2025 H1Welcome to our 2025 half-year report,where we will explore the dynamic shifts that have shaped the secondary whisky market over the past six months.The first half of 2025 presented a complex pictur

2、e,initially displaying promising signs of stabilisation in secondary whisky market pricing.However,this period of relative calm was disrupted by dramatic changes in the macroeconomic climate,which,as our data suggests,subsequently created downward pressure on whisky auction prices.This report aims t

3、o provide a comprehensive overview of these trends and their implica-tions for collectors,investors,and enthusi-asts alike.The impact of this broader economic uncertainty was not confined to whisky alone.Other alternative asset classes,including Wine,Art,and Watches,also experienced notable setbacks

4、 in secondary market pricing during this period.This collective downturn highlights the intercon-nectedness of these collectable markets with broader economic conditions.Our analysis will compare these various assets,offering a holistic perspective on the current collectables landscape.Within the wh

5、isky market itself,we observed a clear segmentation in perfor-mance.While some whiskies demon-strated a remarkable resilience against the prevailing trends,others continued to suffer declines in pricing.Notably,Japanese whisky continued to struggle,with auction prices in this segment falling even fu

6、rther,and in the case of some brands,often dramatically.This stark contrast highlights the importance of understanding the nuanced dynamics at play within different whisky categories,instead of approaching the secondary whisky market as a single monolithic entity.As we move into the second half of 2