Key Market Indicators
Russian Wine Consumption is set to reach 840.08 Thousand Metric Tons by 2026 from 960 Thousand Metric Tons in 2021, falling by 2.2% year on year average rate. Since 2017, Russian demand decreased by 2.2% year on year. The country came in number 8 in 2021, Argentina came ahead with 960 Thousand Metric Tons. France, the United States and Italy respectively came in numbers 2, 3 and 4 in this ranking.
Russian Wine Production is set to reach 389,830 Metric Tons by 2026 from 418,530 Metric Tons in 2021, falling by 1.2% year on year CAGR. Since 1997, Russian supply fell by 4.1% year on year. The country ranked number 12 in 2021, Germany came ahead with 418,530 Metric Tons. France, Spain and the United States respectively ranked numbers 2, 3 and 4 in this ranking.