Sunday, July 26, 2015

Import wine leap forward of China 40 collapses in russia – Palermomania.it

Palermomania.it | Story Filed: 25/07/2015 – 17:26 | Article read 1113 times

 The world wine imports in the first five months of 2015 moves between high and low. According to the Observatory Nomisma Wine Monitor, one can see positive notes for the resumption of imports of China, after a disappointing 2014, while the minus sign to those of Russia. In the eastern country, in fact, until May 2015, the import value records a + 51% in value and + 38% in volume, compared to the same period last year. In contrast, on the Russian front, the fall in purchases of wine from abroad is over 35% in value and 25% in quantity.

 “ The devaluation of the ruble following the drop in oil prices has dealt a blow to Russian importers – explains Denis Pantini, head of Wine Monitor – oil being one of the main resources of the country, more that the European sanctions related to the Russian-Ukrainian crisis was the collapse in prices of black gold to reduce the spending power of Russians. And this stalled economy and consumption of foreign wines is likely to last much longer . “

 Looking at Russia, the decline of Italian wines has been significant and similar to the average, with a -36% in value, best of France, which suffered a 45% reduction. In the US market, however, the performance of Italian wines are above average for the market, an increase in volume of 10%, driven by the Prosecco which reached 48% of larger quantities exported. The same is taking place in the UK market, with a + 64% of the quantities imported in this period of 2015.

Palermomania.it – ​​News programming recorded at the Court of Palermo n ° 15 del 27/04/2011

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