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Business
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| Number of pages / Number of words: |
9 / 2488 |
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The Russian Wine Market
Intro (needs/centres/distribution etc.)
- According to the available information of regulatory Australian authorities, private market research and independent sources of wine news the situation of the Russian wine market remains unclear.
- Overall an average annual volume and consumption growth of 4% is expected (Euromonitor International 2008b)...
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The excise on wine is only US$0.80 per litre (Austrade 2007)
- Value-added tax (VAT) of 28 per cent also applies (Austrade 2007)
Bargaining Power of Buyers
- Moderate bargaining power of the buyers.
- Depending on the price, quality and demand of the wine
- On the one side there is huge competition, especially in the centres of Russia, Moscow and Saint Petersburg (JancisRobinson...
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