Bulgaria: Because of the lower harvest, they expect an increase in the price of wine

Published 2024년 10월 24일

Tridge summary

Bulgarian wine producers are expecting a price increase this year due to reduced harvest and quality improvement following prolonged summer heat. However, the quality of Bulgarian potatoes is expected to be poor due to a lack of adequate climate change measures, leading to heavy imports. The National Association of Potato Producers has highlighted the difficult situation in mountainous and semi-mountainous regions and the lack of control in the production chain, leading to misrepresentation of imported potatoes as local products.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A large number of producers expect that wine will increase in price this year. The reasons are the prolonged heat in the summer and the reduced harvest. However, this also has a positive side - it may be less, but the wine is of better quality, or at least such are the expectations. The strong sun this year melted nearly 30% of the grape harvest in Bulgaria. By all accounts, however, it appears to be of much better quality." political. For example, an administrative increase in the minimum wage cannot help but affect the costs of those who produce anything in the country. And if it is not related to the productivity of labor, to have more goods, the way is try to sell at higher prices. Whether they will succeed or not is a difficult question," explained Nikola Zikatanov, the owner of a wine cellar to BNT. "This year the quality was good, but the quantity was a little less. We succeeded to build drip irrigation, which saved us, otherwise we would only harvest raisins. But the ...
Source: Duma

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.