CEP Whisky Market Index
Where the cask market sits
today.
A single quarterly benchmark for the secondary cask market, computed in £ per litre of alcohol. Use it to gauge direction and momentum at a glance.
Latest reading 2026Q2
£58.68 / LA
How is this calculated?
- Start with current market listings. We track asking prices across the secondary cask market over the last 12 months.
- Strip out cask size and strength. A 500L butt isn't comparable to a 200L barrel. So for each listing we divide the price by the litres of pure alcohol (LA) the cask holds — one number that works for any cask.
- Take the middle of the market. Each quarter we take the median £/LA across those listings — not the average — so one trophy cask can't drag the index up or down. Movement is then shown on QTD, YTD, 1, 3 and 5-year views so you can see direction and momentum.
- That's the index. Today's reading of £58.68 / LA means a typical cask is currently being listed at around £58.68 per litre of pure alcohol. A 100 LA cask would therefore sit at roughly £5868.
The index reflects asking prices on the secondary market, not necessarily achieved exit prices. It's also the typical cask — distillery, age, wood and condition all move individual casks above or below.
Quarterly index value, expressed in £ per litre of alcohol (RLA basis).
The index is indicative of market direction, not a guarantee of resale value. Individual cask outcomes vary by distillery, cask type, ABV and exit route. Whisky cask investment is unregulated — see our risk disclosures.
Performance
| QTD | YTD | 1Y | 2Y |
|---|---|---|---|
|
-3.7%
vs previous quarter
|
-4.6%
vs end of last year
|
-10.0%
vs same quarter, prior year
|
-35.8%
cumulative, 2 years
|
Want to know where your cask sits?
We'll value your cask against the latest market data and walk you through your exit options.