Roskachestvo predicted a rise in price of up to 30 percent of wines from Italy and France
There is a deficit of more than five million liters on the world wine market. It may worsen in 2022 due to a general drop in the grape harvest in the world, warned in Roskachestvo.
According to the department, in the first nine months of this year, imports of wine products in the world market increased by 23 percent (by 33 million liters), and sparkling wines and champagne – by 50 percent (30 million liters). At the same time, wine production fell by 70 million liters.
According to forecasts of Roskachestvo, wines from Italy and France may rise in price by up to 30 percent due to rising gas prices in Europe (a contribution to the price of a glass bottle), prices for aluminum (capping cost) and Euro pallets, as well as due to the worldwide rise in transportation costs. The increase in import prices will reduce the volume of supplies from European countries, experts say.
This situation opens up great opportunities for high-quality Russian wines in the price range up to 300-400 rubles, we are confident in Roskachestvo.
In October, Georgy Ostapkovich, director of the HSE ISSEK Center for Business Studies, said that champagne in Russia would rise in price in the coming New Year holidays. He also noted that the increase in value will be within inflation, but he named the figure at seven to ten percent.