It’s no secret that Kentucky is a state filled with bourbon lovers — and bourbon distillers, too.
In 2021, the state recorded its highest-ever stock of bourbon barrels: 11.4 million. In whole, Kentucky held a historic 12 million barrels of aged spirits in 2021.
The tax-assessed worth of those barrels quantities to a whopping $5.2 billion, in line with a Sept. 27 press launch from nonprofit Kentucky Distillers’ Affiliation. The report’s numbers, launched Tuesday, replicate stock totals recorded on Jan. 1, 2022.
Whereas the state is clearly pumping out loads of juice, it seems that Kentucky is falling behind others relating to selection. The Bluegrass State contained 24 % of United States distilleries in 2020, a quantity that has since dropped to a mere six %.
California now leads with probably the most distilleries nationwide, as agave-based spirits quickly develop in recognition amongst drinkers.
“Now we have confirmed, time and time once more, that bourbon is a good funding for Kentucky,” says Kentucky Distillers’ Affiliation president Eric Gregory. “However we can’t ignore the truth that greater than 2,200 distilleries have made the enterprise resolution to not find right here, regardless of our wealthy traditions and ready-made infrastructure.”
Since 1999, manufacturing has soared by 475 % within the state. It’s an business that boasts 22,500 jobs in Kentucky and $9 billion again into the Commonwealth’s financial system.
Regardless of its setbacks within the general spirits area, Kentucky-made bourbon remains to be going robust.