Demand and price
The ‘gin boom’ continues and distillers demand the highest quality Juniper. The issues in 2016 have meant that many users have no carry over stock and they entered the market very early. This means that prices opened high although nowhere near the prices in 2016. Coupled with this some collectors are trying to achieve the prices they did in 2016. A s more Juniper is picked and offered to the market they are having to bring their prices down to market level. With larger quantities still being picked and many lots still available, prices will be helped further.
There is no doubt that the prices will be higher than previous normal years (ignoring 2016) due to the demand for Juniper. The whole ‘gin craze’ means also a greater demand from essential oil producers as people search high and low for all products that are gin related.
We hope the above provides a useful insight but if you have any further questions then please do not hesitate to contact us.