Ukraine increased imports of sparkling wines by 44% in 2021


The Ukrainian Agricultural Business Club Association (UCAB) says that in 2021 Ukraine increased its imports of sparkling wines by 44% to $ 54.7 million compared to 2020.


According to preliminary estimates, in 2021, imports of sparkling wines in monetary terms will amount to $ 54.7 million, which is 44% more than in the same period last year and 2.6 times more than 5 years ago.

According to the report, there are several reasons for this trend: a decrease in Ukrainian production of sparkling wines (over the past 5 years, the production of Ukrainian wines has decreased by 39%, in 2021 – by about 2%); partial change in the taste preferences of Ukrainians.

According to UCAB analyst Svetlana Lytvyn, the main suppliers of sparkling wines to Ukraine are European countries.

According to her, in 2021, these were Italy (54% of imports in monetary terms), France (18%), Spain (10%), Germany (5%), and Georgia (4%).

 

According to EU legislation, only the manufacturers who have registered it have the right to name products by geographical indications. Therefore, Prosecco and Asti spumante are brought from Italy to Ukraine, Champagne from France, and Cava from Spain

Svetlana Lytvyn

It is noted that the export of sparkling wines from Ukraine is also present, but its volumes are seven times less compared to imports.

In 2021, the export of sparkling wines in monetary terms amounted to about $7.9 million.

At the same time, it should be noted that only about 40-45% of exports are sparkling wines of Ukrainian origin; the rest are re-exports of European wines.


 

 

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