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Market News

The Russian Market of Industrial Wine Materials is on the Rise

Sales of industrial wine materials in Russia reached their high in 2007, having amounted to 617.4 million liters. In 2008-2010 they reduced due to reduction of demand from wine producing enterprises during the crisis. In its turn, reduction of demand encouraged wine producers to develop their own production of wine materials as well as increased the share of counterfeit wine materials.

Currently the market of industrial wine materials is stabilizing. In 2011 the volume of sales of industrial wine materials will rise by 1.3% up to 502 million liters, and according to BusinesStat estimates, this tendency will persist in the near future.