Key Market Indicators
The country was number 10 in 2021, Ukraine overtook with $599,570,000. France, the United Kingdom and Spain respectively ranked numbers 2, 3 and 4 in this ranking. Sales of beverages in Russia are expected to reach $33.8 billion by 2026, up from $31.8 billion in 2021, growing at an average rate of 1% year on year. Since 2005, the Russian market has seen a 7.5% average year on year increase. Russia ranked 11th in 2021, with Italy overtaking it with $31.8 billion. Japan, Germany and the United Kingdom respectively ranked 2nd, 3rd and 4th in this ranking. Imports of beverages to Russia are expected to reach $2.96 billion by 2026, up from $2.74 billion in 2021, growing at an average rate of 1.3% year on year. Since 2001, Russian demand for beverages has risen 8.5% year on year. Russia ranked 11th in 2021, with Singapore overtaking it with $2.74 billion. The United Kingdom, Germany and China respectively ranked 2nd, 3rd and 4th in this ranking. Export of alcoholic drinks from Russia are expected to reach $673.5 million by 2026, up from $599.6 million in 2021, growing at an average rate of 2% year on year. Since 2001, Russian supply of alcoholic drinks has risen 5.8% year on year. Russia ranked 10th in 2021, with Ukraine overtaking it with $599.6 million. France, the United Kingdom and Spain respectively ranked 2nd, 3rd and 4th in this ranking.