Small Wineries Expect 40% Reduction in Wine Sales in 2020

Small wineries expect a 40% reduction in wine sales this year.

According to their forecast, companies will also have to reduce prices for export products. As winemakers say, the reason is the crisis situation in the world due to the pandemic of Covid-19.

Entrepreneurs say that almost all countries have started to stimulate local production, which will temporarily hinder access to foreign markets. Accordingly, as for wine experts, small wineries should plan next year's production plans taking into account the new reality.

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Small Wineries Expect 40% Reduction in Wine Sales in 2020

Small wineries expect a 40% reduction in wine sales this year.

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Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul
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Small Wineries Expect 40% Reduction in Wine Sales in 2020

Small wineries expect a 40% reduction in wine sales this year.

Last 7 Days Hot Topic

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine 01

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC 02

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul 03

Georgia Sees Surge in Electric Vehicle Registrations 04

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path 05

Levan Lepsveridze Joins Jury at Cannes International Festival 06

Japanese Cafe Fumfula Expands in Tbilisi Amid Rising Popularity of Asian Cuisine
01

With the support of the International Visegrad Fund (IVF), a meeting was held in the city of Zugdidi within the framework of the ongoing project at the Energy Training Center of GNERC
02

Georgia-Korea Investment Promotion and Protection Talks Advance in Seoul
03

Georgia Sees Surge in Electric Vehicle Registrations
04

The EU Urges Georgia to Refrain from Adopting Legislation that can Compromise Georgia’s EU Path
05

Levan Lepsveridze Joins Jury at Cannes International Festival
06