The capacity of the Russian market allows to produce up to 400 million liters of wine
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Russia
Published Nov 25, 2022
Tridge summary
Deputy Prime Minister of Russia Victoria Abramchenko estimates the potential for expanding the Russian wine market at 400 million liters. She gave such an assessment during the First Russian Wine Forum. "The capacity of the domestic market makes it possible to increase production to another 400 million liters of Russian wine. This requires new vineyards and real protection of vineyards," she said.
Original content
The Deputy Prime Minister stressed that in 2022 the area of Russian vineyards for the first time in recent history reached 100,000 hectares. According to her, in 2021, Russia ranked tenth in the world in terms of wine imports and eighth in the largest wine market in terms of sales. Russian wines today occupy approximately 55% of the domestic market of wine products and adequately compete with imports in terms of quality, Abramchenko noted. According to the National Union for the Protection of Consumer Rights, the production of wine products in Russia in 2021 decreased by 14.3% compared to 2020 and amounted to 60.27 million decaliters. At the same time, the volume of production of champagne and sparkling wines in January-December 2021 decreased by 2.5% and ...
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