09.12.2021, 14:05
Wine Suppliers from Abroad Warned about the Rise in Price of Products up to 25%
Source: OREANDA-NEWS
OREANDA-NEWS. Wine suppliers from France and Italy have warned importers and Russian retailers that they intend to increase purchase prices for products by 10-25% in 2022. This was reported by RBC with reference to distributors on Thursday, December 9.
Thus, wine producers from the Loire Valley, Champagne, Burgundy and Gascony (France), Trentino - Alto Adige (Italy), New World and other wine regions offer their products on average 20-25% more expensive in euros and dollars, the distributor said alcohol Fort. Wine trader MBG Wine added that almost all suppliers offer a minimum price increase of 10% in euros.
It is noted that the upcoming rise in prices is associated with higher prices for raw materials due to "critically poor yields" in some wine regions, as well as with an increase in the cost of components and logistics.
The agency, citing a letter to the clients of one of the wine importers, notes that the regions of France (Champagne, Burgundy), Italy (Friuli, Veneto), New Zealand (Marlborough) have suffered. In some regions, the supply of grapes decreased by 20-30%.
The Verny chain said that European suppliers are trying to take advantage of the short-term market conditions - the increased demand for alcohol during the New Year holidays. The representative of Lenta added that negotiations are underway with suppliers to avoid sharp price spikes.
Thus, wine producers from the Loire Valley, Champagne, Burgundy and Gascony (France), Trentino - Alto Adige (Italy), New World and other wine regions offer their products on average 20-25% more expensive in euros and dollars, the distributor said alcohol Fort. Wine trader MBG Wine added that almost all suppliers offer a minimum price increase of 10% in euros.
It is noted that the upcoming rise in prices is associated with higher prices for raw materials due to "critically poor yields" in some wine regions, as well as with an increase in the cost of components and logistics.
The agency, citing a letter to the clients of one of the wine importers, notes that the regions of France (Champagne, Burgundy), Italy (Friuli, Veneto), New Zealand (Marlborough) have suffered. In some regions, the supply of grapes decreased by 20-30%.
The Verny chain said that European suppliers are trying to take advantage of the short-term market conditions - the increased demand for alcohol during the New Year holidays. The representative of Lenta added that negotiations are underway with suppliers to avoid sharp price spikes.
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