good Russian wine costs 350–400 rubles per bottle – Kommersant

The minimum cost of good domestic wine is 350–400 rubles. per bottle, Pavel Titov, president of the Abrau-Durso group of companies, said in an interview with RIA Novosti. According to him, the price depends on the cost of raw materials, which includes financing the vineyards, labor, as well as the components of the product itself.

“I would stick to my theory about 400 rubles. for domestic wine. More precisely, 350–400 rubles. for still and 400–450 for sparkling: the latter has a more complex production cycle, therefore, the cost is higher. But this does not take into account discounts and the like, because if a bottle of sparkling wine costs 350 rubles on the shelf. with a yellow price tag for the promotion, then that’s okay too,” said Mr. Titov.

He claims that about 15% of the cost of sparkling wine “depends directly on currency.” According to the president of Abrau-Durso, the price of wine in Russia is also affected by the key rate. “Moreover, the rate may affect our industry a little less than others, but this is because there is government subsidization,” added Pavel Titov.

This year, Kuban winegrowers harvested 260 thousand tons of grapes, which is 7% less than last year’s harvest. According to the authorities, the losses were caused by weather conditions – in the largest wine-growing region of the Kuban, there were heavy rains during the ripening of the berries. Producers of Kuban wine do not predict an increase in its cost due to a bad harvest, but believe that an increase in prices for wine products is possible within the limits of inflation.

Details – in the material “Kommersant-Kuban” “Prices are frozen at the bottom of the glass”.

Laura Keffer