Georgian wine export decreased threefold in January - February

10.03.2015. In January and February only 3 million bottles of Georgian wine were sold in the international markets, which is three times less than in the same period of 2014.

In January-February 2014 the Georgian winemakers were able to sell 9.8 million bottles.

The National Wine Agency explains the decline in exports of wine by the situation in Russia and Ukraine. Exports to Russia decreased by 85%, Ukraine – by 66% as evidenced by statistical data.

Despite this, Russia remains the main export market, where in January and February a total of  1 007 231 bottles of wine were sold, followed by Ukraine – 477 384, Kazakhstan – (458 922), Poland (220 082) and China (216 842).

“Export volume suffered a  decrease only in comparison with  2014, when a boom  was observed due to the peak volume of wine exports to the Russian market. In January-February 2009 a total of 918 180 bottles of Georgian wine were  exported ,  in 2011 – 1 758 654 bottles,  in 2012 – 965 825 bottles , in 2013 – 2 523 870 bottles, “-  comments the Agency.

In January-February, Georgian wine was exported to 22 countries. The rate of sales has increased on such strategic markets like China – 64%, Japan – 39%, Canada – 32%, Estonia – 9%, and others.

During this period, revenues from wine exports amounted to $ 8 445 416.

Source

Georgian Wine Catalogue

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