Wine supply in Russia



The volume of wine on sale in the country is the sum of the stock balances of wines at the beginning of the year, wines that were produced domestically and those imported into Russia during the year.
According to the analytical agency BusinesStat report "Analysis of the wine market in Russia in 2015–2019, assessment of the effect of coronavirus and forecast for 2020–2024", the volume of wine supply on the Russian market decreased by 3.2% from 2015 to 2019, i.e. from around 1.2 billion to just over 1.16 billion litres. This indicator decreased annually from 2015 to 2018 in comparison with previous years. This reduction in the country's wine supply was mostly due to the decline in Russian production. In the above years, output fell by 23.2%, from 800.4 million litres in 2015 to 614.4 million litres in 2018. By volume, Russian wine production in 2015–2018 decreased by 186 million litres, while the supply volume fell by 108.1 million litres.

In 2019, the supply increased by 6.4%, or 69.5 million litres, thanks to a growth in imports (by 46.7 million litres) and domestic production (by 38.4 million litres). However, stocks decreased by 15.5 million litres.

As expected, in 2020, the wine supply in Russia will decline by 8.4% compared to the previous year. A reduction in supply will follow a drop in demand, prompted by the country's economic crisis and exacerbated by the coronavirus pandemic. In 2020, the wine supply in Russia will drop due to decreases in both domestic production and import.

A recovery in the country's wine supply is forecast in 2021–2024, with increases in both domestic production and import contributing to this. By 2024, wine supply may amount to about 1.15 litres.