Whisky Import in India - Whisky Import Data Analysis of Q2 2017
05 August 2017
No wonder India stands on top in the global list of whiskey consuming countries. Traditionally, most whisky consumption is of lower end Indian whiskies. However, with better standard of living, Indian consumers are also opened to best whisky brands in world such as Johnnie Walker, Chivas Regal and Black Dog. They are now appreciating the varied nuances taste and complexity profiles these premium whiskies have to offer. So, let’s talk about whisky market in India by analysing India import statistics of whisky recorded between April and June 2017.
India’s imports of whisky
are the highest among other alcoholic drinks. During Q2 of 2017, the import
value of whisky recorded USD 39993261. Its total share in value stood at
64.67%. If we evaluate India import data of whisky month-wise, we found that
the import value of whisky declined in May from April and remained similar in
June 2017. Below chart shows import figures of whisky recorded in April, May
and June.
India Whisky Imports of Johnnie Walker Brand Highest
India recorded highest whisky import figures of Johnnie Walker brand between April and June 2017. The total share in value of this brand stood at 20.84%. Chivas Regal and Black Dog stood as 2nd and 3rd largest brand of whisky imported by India in the said period. The chart and table below shows 5 largest whisky brands imported into India in Q2 of 2017.
Brand Name |
Share in Value (%) |
Value (USD) |
Johnnie Walker |
20.84% |
12889645 |
Chivas Regal |
9.14% |
5650981 |
Black Dog |
6.60% |
4082880 |
The Glenlivet |
4.12% |
2546050 |
Jack Daniels |
3.86% |
2386780 |
UK Stood Biggest Exporter Country of Whisky to India
India’s imports of whisky were
the highest from the United Kingdom in Q2 of 2017. From 62.10% total share in
value of all exporter countries of whisky to India, UK shared 55.32% value.
United States and United Arab Emirates stood as the 2nd and 3rd
largest supplier country of whisky to India.
Country |
Share in Value (%) |
Value (USD) |
UK |
55.32% |
39118956 |
US |
2.99% |
2110935 |
UAE |
0.87% |
613920 |
Nhava Sheva Recorded Maximum Shipments of Whisky
As per whisky customs data, India
registered maximum import shipments from Nhava Sheva port, which is located in
Maharashtra. Among all types of alcoholic drinks, whisky shared 62.10%
shipments from all ports in India, in which 31.83% shipments were from Nhava
Sheva port only. Tuglakabad ICD and Chennai Sea port stood as 2nd
and 3rd largest Indian port were maximum shipments of whisky arrived
between April and June 2017. Their share in value recorded 15.66% and 5.45%
respectively. Total USD 43916120 shipments of whisky entered into all ports of
India in the said period. Below are the import values of these three Indian
ports.
·
Nhava
Sheva Port: USD 22505405
·
Tuglakabad
ICD:
USD 11075542
·
Chennai
Sea Port: USD 3854047
How to import whisky in
India? After GST (Goods and Services Tax) implementation in India, tax
structure of the country has changed. Few custom duties such as CVD and SAD
have been subsumed, while new import duty like Integrated Goods and Services
Tax (IGST) has been put in place. So, for importing whisky in India, having
answers of some questions such as how to
calculate import duty on whisky in India after GST and
how to find foreign suppliers of whisky is important. All these and much more
about whisky import in India can be found at Export Genius, a leading market
research and business intelligence source. It provides 100% authentic whisky
import data of India, besides customs data of multiple products and countries.
In India import data of Scotch
whisky, details like importers of whisky in India, foreign suppliers of whisky,
value, quantity, port, etc. are covered. Find few samples of whisky imports in
India @ http://www.exportgenius.in/import-data/india/whisky.php. For
reference, check out few largest buyers of whisky in India with their market
share below:
Serial No. |
Indian Importers of Whisky |
Share in Value (%)
Q2 2017 Figures |
1. |
United Spirits
Limited |
15.67% |
2. |
Delhi Duty Free
Services Private Limited |
9.24% |
3. |
DFS India Private
Limited |
7.69% |
4. |
Flemingo Dutyfree
Shop Pvt. Ltd. |
6.28% |
5. |
Pernod Ricard India
Pvt Ltd. |
3.62% |
Besides whisky, calculate import duty on foreign liquor in India and other alcoholic drinks imported into India by click on India Custom Duty on Alcoholic Drinks.
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