Imports of sparkling wines have significantly increased in Ukraine

Published 2021년 12월 31일

Tridge summary

In 2021, Ukraine experienced a significant increase in sparkling wine imports, with the country spending $ 54.7 million, a 44% rise from the previous year and 2.6 times more than five years earlier. The main suppliers were European countries like Italy (producers of Prosecco and Asti Spumante), France (Champagne), and Spain (Cava). Despite the high imports, Ukraine's domestic production could not compete, leading to only 40-45% of exports being Ukrainian-made sparkling wines, with the rest being re-exports of European wines. The total export value for sparkling wines reached approximately $ 7.9 million.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Due to the decline in domestic production and tastes of Ukrainians, according to preliminary estimates, in 2021 imports of sparkling wines will be $ 54.7 million, which is 44% more than last year and 2.6 times more than five years ago antiquity. The main suppliers of sparkling wines to Ukraine are European countries. In 2021, these were: "Under EU law, only manufacturers who have registered it have the right to call it a geographical indication. That's why Prosecco and Asti Spumante are brought to Ukraine from Italy, Champagne from France and Coffee from Spain, ”said analyst Svitlana Lytvyn. Exports of sparkling wines from Ukraine are also present, but their volumes are 7 times smaller compared to imports. In 2021, exports of sparkling wines in monetary terms amounted to about $ 7.9 million. "At the same time, it should be taken into account ...

Source: Landlord