OREANDA-NEWS – In light of dwindling alcohol imports from European countries, the BRICS nations have stepped up their wine exports to Russia, as reported by Izvestia newspaper citing Roskachestvo.
By the close of 2023, imports of still wines from the European Union experienced a decline, with Spain’s supply decreasing by 11 percent, France by 4 percent, and Italy by 1 percent. Conversely, friendly nations have ramped up their shipments. South Africa emerged as the leading supplier in 2024, with a volume of 10.5 million liters, marking a 25 percent increase. Notably, 2024 witnessed the inaugural arrival of a shipment of still wines from India in Russia after a five-year hiatus. Meanwhile, China has seen a fivefold surge in exports since 2021.
According to Roskachestvo representatives, the proportion of imports from less amicable nations is projected to diminish further in 2024, a trend bolstered by escalating excise taxes. This void in the market is anticipated to be filled by Russian wines, which are forecasted to comprise 60-65 percent of total sales volume in liters.
“In the initial three months of this year, Russian producers recorded a notable 25.4 percent uptick in still wine production, reaching 75 million liters. Additionally, sparkling wine production surged by 26.5 percent to 31 million liters. White and pink wines now command a 61 percent share of total output, whereas the share of red wines decreased by 3 percent, accounting for approximately 39 percent,” elucidated Olesya Latysheva, Director of the Department of Research and Promotion of Domestic Wine Products at Roskachestvo, and Head of the Wine Guide of Russia.
