© Il Botolo- Azienda Agricola.
Wine in Russia
17 December 2018	by botoloeditor	in Markets
Russia represents the world's seventh largest wine market, with a market value of about 620 million euro. In terms of landmass, Russia is the biggest country in the world. And it's not doing too badly when it comes to its population either. About 144 million people call the country their home and that population has been rising slowly over the last decade or so.
The wine market has started growing again as post-recession recovery continues.
In the wake of the great success of Italian wines, with an overall 523.2% sales growth in the last decade, Italian wines are leaders in the Russian wine market with a 29% market share. In fact, between January and November 2017 Italy sold more than 716 hectolitres of vino, for a whopping 222 million euro.
Following a positive 2017, Italian wines continue to do well in 2018. According to export data elaborated by the Italian Trade Commission (ICE), Italy is now in a position of leadership in the export of its wines. In fact, ICE reports confirm that between January and April 2018, import of Italian wines reached 61 million euro, a growth of 4.5% compared to the same period in 2017.
According to Russia state statistics (Rosstat), Russians are consuming less vodka and more vino: in 2017, on average, Russians drank about 6.6 litres of vodka per person, per year, and about 10 litres of vino per person per year, especially imported wines, so there is huge potential.
Consumption, which hovers around a 1 billion bottles a year, is also predicted to grow steadily.
According to research body Euromonitor, by 2020, consumption is expected to grow at a CAGR (Compound Annual Growth Rate) of 1% – reaching a total of 1.1 billion litres.
il Botolo took part at International Wine and Spirits Fair (IWSF) of Hong Kong
The interest in Italian wines is on the upswing in the Asian market and so this year we decided to take part in the International Wine and Spirits Fair (IWSF), that took place in Hong Kong, from November 7-9.
il Botolo returned in Sweden at "Wine Days"
Il Botolo was very pleased to return to Stockholm, after an initial visit in April of this year, this time for "Wine Days", an event hosted by the Italian Chamber of Commerce in Sweden.
il Botolo in St. John's with P&S Fine Wines
For the first time, il Botolo travelled to St. John's, which is the capital and largest city of the Canadian province of Newfoundland and Labrador.
"Stories of Good Cuisine" #2
Zabajone with Moscato d'Asti
Il Botolo Azienda Agricola: 15 hectares of vineyards, between the two Estates Colombaro and Le Coccole, on the hills of Nizza Monferrato,
in the heart of an exceptional wine producing region that has brought acclaim to Piedmont and to Italy.
"Il Botolo" Azienda Agricola
Strada Colombaro n.11,
Nizza Monferrato (AT)
EMAIL: info@ilbotolo.com
Nizza Docg
Barbera d'Asti Superiore Docg
Barbera d'Asti Docg
Piemonte Doc Chardonnay Barrique
Piemonte Doc Chardonnay
Brachetto d'Aqui Docg
Moscato d'Asti Docg
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