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Learn moreJan 2021
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The key impact of the virus on sales of fine wines/champagne and spirits in 2020 has been as a result of legislation. At the beginning of the pandemic, the government closed the country’s foodservice sector, including the high-end bars and restaurants in Bucharest that have historically helped drive sales of these products in Romania.
The decline in sales of fine wines/champagne and spirits via foodservice and for large social gatherings been offset to an extent by the retail sector. Like consumers in other countries, many Romanians have been drinking more in 2020 as a result of the anxiety caused by COVID-19 and the boredom of lockdown.
Despite the impact of the pandemic on the consumption of fine wines/champagne and spirits in Romania, consumers in 2020 remain open to products development, and the fundamental nature of demand remains unchanged. The Romanian consumer base is increasingly sophisticated, with more international travel and rising consumer incomes prior to the pandemic sparking interest.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Fine Wines/Champagne and Spirits industry in Romania with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Fine Wines/Champagne and Spirits industry in Romania, our research will save you time and money while empowering you to make informed, profitable decisions.
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.