Single malt whisky (and sometimes a third) time. The final spirit, called "new make spirit", generally has an alcohol content of 60 to 70%. Most new-make malt whisky is diluted to about 62.5% a.b.v. before it is placed in casks to mature. The "new-make spirit", or unaged whisky, is then placed in oak casks to mature. By law, all Scotch whisky must be aged for a minimum of three years in oak casks, though many single malts are matured for much longer. The whisky continues to develop and change as it spends time in the wood, and maturation periods of twenty years or
Whisky at or near an alcoholic strength of 40% abv, which is the statutory minimum in some countries – although the strength can vary, and cask-strength whisky may have as much as twice that alcohol percentage. Whisky is probably the best known of Scotland's manufactured products. Exports have increased by 87% in the decade to 2012 and it contributes over £4.25 billion to the UK economy, making up a quarter of all its food and drink revenues. In 2012, the US was the largest market for Scotch whisky (£655 million), followed by France (£535 million). It is also one of the