Russian sparkling wine production up 28% in 9M24

By bne IntelliNews October 9, 2024

Sparkling wine production in Russia increased by 28% year-on-year (y/y)in 9M24 to 11.15 decaliters, Tass reported citing the data by the Federal Service for Control over Alcohol and Tobacco Markets (Rosalkogoltabakkontrol).

As reported in detail by bne IntelliNews, once known for their vodka affinity, rising incomes and changing consumer preferences have caused Russians to increasingly embrace wine as their alcoholic beverage of choice.

State subsidies and a complex geopolitical climate have moved domestic producers to the forefront, but a turbulent history and concurrent antialcohol campaign are hindering their potential. Russia’s $3bn domestic wine industry is projected to see an explosion in the coming years.

In 9M24 grape wine production increased by 8% y/y to 24mn decaliters. Vodka distillation inched up by 1.6% to 55.74mn decaliters, brandy production added 17% to 6,900 decaliters. The output of low-alcohol beverages plummeted by 40.5% to 9.3mn decaliters.

Overall, Russia produced 132.8mn decaliters of alcoholic beverages in 9M24 (not accounting for beer, beer-based beverages, cider, perry and mead) up by 0.6% y/y. Distillation of alcoholic beverages with the strength above 9% increased by 7.5% y/y to 82mn decaliters.

Related Articles

Russia ready to cooperate with Iran on nuclear issues, says Peskov

Russia will continue to cooperate with Iran including in the field of “peaceful nuclear energy”, Kremlin spokesman Dmitry Peskov said on October 20, Vedomosti newspaper reported. ... ... more

South Africa probes locally made LightWare components found in Russian drones used in Ukraine

South African authorities have launched an investigation after electronic components manufactured domestically were discovered in Russian drones used in the war in Ukraine, officials confirmed this ... more

Russian GRU parcel bomb plot traced to Estonia

Estonian authorities are considering whether to extradite two residents accused of helping Russian military intelligence (GRU) operatives send parcel bombs that nearly caused major air disasters ... more

Dismiss