The development of the local wine drinking culture will continue to play a central role in boosting demand, especially at the retail level, with the increasing tendency towards more refined and experimental tastes among young adults set to remain highly influential in this regard. Favourable trading conditions should attract new entrants and stimulate investment in innovation, promotional activities and distribution by established competitors, which will also help to boost wine consumption.
One of the largest wine producers in Russia, Abrau-Durso, is planning to invest more than EUR5-6 euros in the development of the Azerbaijani wine business. Investments will be directed into the Sheki Sharab winery and its Az Abrau subsidiary.
It is expected local players will continue to gain ground in wine over the forecast period. Domestic producers have long had a strong presence in this category due to Azerbaijan’s rich winemaking tradition and the fact that their brands tend to be more affordable than imported competitors.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Wine industry in Azerbaijan with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Wine industry in Azerbaijan, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty
Wine
This is the aggregation of still and sparkling light grape wines, fortified wine and vermouth and non-grape wine. In terms of alcohol content, light wine usually falls into the 8-14% ABV bracket while fortified wine ranges from 14-23% ABV. Low and non-alcoholic wine is also included in the data (attributed to each sector as appropriate).
See All of Our DefinitionsThis report originates from Passport, our Wine research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!