In 2021, Georgian companies earned $400 million in total revenue from wine and brandy exports, a record figure in the history of independent Georgia. Wine exports alone increased by 18% year-on-year to $250 million. In total, Georgia exported 107 million bottles of wine to sixty-two countries, which is also a record high for the country. The $400 million revenue was distributed among dozens of companies and thousands of winegrowers.
There was also a sharp increase in brandy exports: 42.2 million 0.5 liter bottles were exported in 2021, representing a 30% increase year-on-year.
With an export turnover of $400 million, the alcoholic beverage sector has become one of the fastest-growing industries in Georgia. The Russian market played a key role in this growth – Georgian exports to the country resumed in 2013 – and revenue from Russia totaled $172 million.
From 2022, the alcoholic beverage sector will face a new reality in the wake of the Russian invasion of Ukraine. The Russian economy is expected to decline by 8% this year, while its Ukrainian counterpart could shrink by 35%, according to IMF forecasts. Under these circumstances, the export of goods worth millions of dollars to Russia has become morally problematic, leading to one of the largest players – Tbilvino – leaving the Russian market.
Georgian alcoholic beverage companies are becoming increasingly transparent in publishing their financial results. According to these figures, the Bolero & Company group is the market leader and largest exporter of both wine and brandy. The company states that it processes more than half of the grapes harvested in Georgia. In 2020, the total revenue of the member firms of Bolero & Company exceeded ₾186 million.
Second place in the ranking is held by Kakhetian Traditional Winemaking, with revenue of ₾108 million. The revenues of the twenty-five largest producers of alcoholic beverages exceeded ₾900 million.
Ranking of the Largest Wine and Brandy Producers in Georgia by 2020 Revenue
I wanted to thank you for this great read!! I absolutely loved every little bit of it. I have got you book marked to check out new things you postÖ
I don’t even understand how I stopped up here, however I thought this put up was once good. I do not recognise who you might be but definitely you are going to a famous blogger in the event you are not already 😉 Cheers!
I loved your post.Thanks Again. Will read on…
wow, awesome blog article.Thanks Again. Will read on…
Appreciate you sharing, great article.Really looking forward to read more. Keep writing.
Awesome article.Really thank you! Really Great.
I really liked your article. Thank you for sharing it. I’m a big supporter of your stuff.
Hi there, the whole thing is going perfectly here and ofcourse every oneis sharing information, that’s actually fine, keep up writing.
Everyone loves it when people come together and share views.Great blog, keep it up!
When someone writes an post he/she maintains the image of a user in his/her brain that how a user can be awareof it. So that’s why this paragraph is great. Thanks!
Cómo ordenar las pestañas del alfabeto griego en una hoja de cálculo
Amazing! This blog looks exactly like my old one!It’s on a entirely different topic but it has pretty much the same layout and design. Outstanding choice of colors!
Hi my loved one! I want to say that this article is amazing, great written and come with almost all significant infos.I’d like to look extra posts like this .
scoliosisHi, yup this paragraph is truly nice and I have learned lot of thingsfrom it on the topic of blogging. thanks. scoliosis
Hello There. I found your blog using msn. This is an extremely well written article. I will make sure to bookmark it and return to read more of your useful info. Thanks for the post. I’ll certainly comeback.
I do agree with all the ideas you’ve introduced foryour post. They are very convincing and will certainly work.Nonetheless, the posts are very short for starters. May you please lengthen them a little from next time?Thanks for the post.
magnificent issues altogether, you just won a logo new reader. What might you suggest about your put up that you just made some days in the past? Any positive?
As a Newbie, I am always browsing online for articles that can aid me. Thank you
Very nice post. I just stumbled upon your weblog and wished to say that I’ve truly enjoyed browsing your blog posts. In any case I’ll be subscribing to your rss feed and I hope you write again soon!
Hey there! I know this is somewhat off topic but I was wondering which blog platform are you using for this website? I’m getting tired of WordPress because I’ve had issues with hackers and I’m looking at alternatives for another platform. I would be great if you could point me in the direction of a good platform.
Magnificent beat ! I would like to apprentice while you amend your web site, how can i subscribe for a weblog web site? The account helped me a applicable deal. I had been a little bit familiar of this your broadcast provided brilliant clear concept
Hey very nice web site!! Man .. Excellent .. Amazing .. I’ll bookmark your web site and take the feeds also…I am happy to find a lot of useful information here in the post, we need work out more strategies in this regard, thanks for sharing. . . . . .
Its like you read my thoughts! You appear to understand a lot about this, like you wrote the book in it or something. I believe that you could do with a few percent to force the message home a bit, however other than that, this is magnificent blog. An excellent read. I will certainly be back.
Does your site have a contact page? I’m having trouble locating it but, I’d like to send you an e-mail. I’ve got some suggestions for your blog you might be interested in hearing. Either way, great site and I look forward to seeing it develop over time.
I do trust all the concepts you have introduced to your post. They’re very convincing and will certainly work. Still, the posts are too brief for beginners. May you please prolong them a little from subsequent time? Thanks for the post.
What i don’t realize is actually how you’re no longer actually a lot more well-preferred than you might be right now. You’re so intelligent. You already know thus significantly relating to this matter, produced me in my opinion consider it from numerous numerous angles. Its like women and men aren’t involved unless it is one thing to accomplish with Woman gaga! Your own stuffs great. Always take care of it up!
It’s really a great and useful piece of information. I’m satisfied that you just shared this helpful info with us. Please keep us up to date like this. Thanks for sharing.
I know this if off topic but I’m looking into starting my own blog and was wondering what all is required to get setup? I’m assuming having a blog like yours would cost a pretty penny? I’m not very internet savvy so I’m not 100 sure. Any recommendations or advice would be greatly appreciated. Thanks
Enjoyed looking through this, very good stuff, thankyou . “Talk sense to a fool and he calls you foolish.” by Euripides.
Your style is unique compared to other people I have read stuff from. Thank you for posting when you have the opportunity, Guess I’ll just bookmark this blog.
Really feel free to implement these critical rules in your sports betting sessions.
Say, you got a nice article post.Really thank you! Will read on…
I loved your post.Much thanks again. Really Cool.
I think this is a real great article post.Much thanks again. Fantastic.
Major thanks for the article post.Thanks Again. Really Cool.
Great blog post.Really thank you! Really Great.
I needed to thank you for this very good read!! I certainly loved every bit ofit. I have got you saved as a favorite to check out new things youpost?Here is my blog post … Essential Keto
Thanks so much for the blog article.Really looking forward to read more.
I really enjoy the post.Really looking forward to read more. Awesome.
I value the blog.Really thank you! Much obliged.
stromectol tablets for humans for sale – ivermectin medicine stromectol covid 19
Asking questions are in fact nice thing if you are not understanding something totally, exceptthis post gives good understanding yet.
WOW just what I was searching for. Came here by searching for roberta gemma는 curvy latina angelina castro와 그녀의 남자 친구를 공유합니다
Sportsbet.io says:Hi , I do believe this is an excellent blog. I stumbled upon it on Yahoo , i will come back once again. Money and freedom is the best way to change, may you be rich and help other people.Reply 11/12/2021 at 9:30 am
It’s truly a great and helpful piece of information. I’m happy that you simply shared this helpful information with us. Please stay us informed like this. Thanks for sharing.
please share. I know this is off subject but I just wanted to ask.
I do trust all the ideas you have introduced to your post. They are very convincing and will definitely work. Still, the posts are too brief for novices. May you please extend them a bit from next time? Thank you for the post.
scoliosisHello! I’m at work surfing around your blogfrom my new iphone! Just wanted to say I love reading throughyour blog and look forward to all your posts! Keep up the great work!scoliosis
fda hydroxychloroquine hydroxychloroquine effectiveness
how to use vardenafil – vardenafil commercial when to take vardenafil
You could definitely see your enthusiasmin the work you write. The arena hopes for even more passionatewriters like you who aren’t afraid to say how they believe.At all times go after your heart.
Hey There. I discovered your blog the usage of msn. That is an extremely well written article. I’ll make sure to bookmark it and come back to read extra of your useful information. Thank you for the post. I’ll definitely return.
What’s up, the whole thing is going perfectly here and ofcourse every one is sharing data, that’s genuinely excellent, keep upwriting.
At this time it looks like Drupal is the best blogging platform out there rightnow. (from what I’ve read) Is that what you’re usingon your blog?
ivermectin stock market can i take ivermectin every day
I think this is a real great blog article.Really thank you! Awesome.
Thanks for sharing, this is a fantastic article.Really thank you!
Thank you, I have just been looking for information about this topic for a long time and yours is the best I have discovered till now. But, what concerning the bottom line? Are you certain in regards to the source?
Hey! I just wanted to ask if you ever have any issues with hackers? My last blog (wordpress) was hacked and I ended up losing several weeks of hard work due to no backup. Do you have any solutions to stop hackers?
Good post. I will be going through some of theseissues as well..
Very nice post. I just stumbled upon your blog and wanted to say that I have reallyenjoyed browsing your blog posts. In any case I’ll be subscribing to your feed and I hope you write again soon!
Muchos Gracias for your article.Much thanks again. Really Great.
I think this is a real great blog article.Really thank you! Cool.
Hi! I could have sworn Iíve been to your blog before but after going through some of the posts I realized itís new to me. Anyhow, Iím definitely delighted I discovered it and Iíll be bookmarking it and checking back frequently!
A big thank you for your article post.Really thank you! Will read on…
Thanks again for the blog post.Really looking forward to read more. Much obliged.
Enjoyed every bit of your blog article.Much thanks again. Really Cool.
I am so grateful for your blog.Really thank you! Keep writing.
Thanks so much for the blog. Fantastic.
modalert online provigil side effects provigil side effectsLoading…
I enjoy looking through a post that will make people think. Also, many thanks for allowing for me to comment!
Thanks for the auspicious writeup. It in truth wasa amusement account it. Glance complicated to more brought agreeable from you!By the way, how could we be in contact?
Fantastic blog post.Much thanks again. Awesome.Loading…
I cannot thank you enough for the article.Thanks Again. Awesome.
I really liked your blog post.Really looking forward to read more. Want more.
Fantastic blog article.Really looking forward to read more. Fantastic.
wow, awesome article post.Really thank you! Will read on…
What’s up, after reading this awesome piece of writing i am also glad to share my knowledge here with mates.
Major thanks for the article post. Want more.
I value the blog post.Really looking forward to read more. Want more.
Thanks-a-mundo for the blog post.Really looking forward to read more. Great.
bitcoin ja oder neinBitcoin for live 3b4135c
These characteristics have made Discord a preferred app during the gaming communityDiscord Free Accounts 2021 Discord Account AndPasswordfree discord accounts
Very good article.Really thank you! Awesome.
Very neat blog.Much thanks again. Will read on…
generic stromectol oral ivermectin for chickens
I cannot thank you enough for the blog post. Keep writing.
A big thank you for your blog.Really thank you! Much obliged.
Looking forward to reading more. Great blog. Great.
Very neat article post. Fantastic.
I really liked your blog article. Really Cool.
I really enjoy the article.Really thank you! Want more.
Really informative article.Really thank you! Really Great.
Very neat article post.Really looking forward to read more. Much obliged.
I loved your blog post.Really looking forward to read more. Much obliged.
In fact no matter if someone doesn’t know after that its up to other viewers that they will assist,so here it occurs.
Very good blog article.Thanks Again. Much obliged.
I value the blog article.Much thanks again. Much obliged.
Thanks so much for the blog post.Really looking forward to read more.
I cannot thank you enough for the blog post. Will read on…