US Pays The Highest Price For Georgian Wine

22:22 Sun, 26 March

GEO

USD

$ 2.5764

EUR

€ 2.7665

GBP

£ 3.1453

RUB

₽ 0.0336

TRY

₺ 0.0014

AZN

₼ 0.0152

XRP

0.4480

29.Jun .2022 12:00

US Pays The Highest Price For Georgian Wine

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Author:Natia Taktakishvili

The USA pays the highest price for Georgian wine. According to American Association of Wine Economists (AAWE), the average price on per liter Georgian wine exceeded USD 6 in 2021. The organization notes that, prices on Georgian wine is growing in the USA unlike the trends on other major markets.

Wine exports to the US amounted to USD 1.98 million in the first 5 months of 2022, the growth is USD 0.21 million compared to the first 5 months of 2021. A total of USD 4.9 million worth of wine was exported across the ocean in 2021. The increase is about 56% compared to 2010.

China ranks the second by the average price paid for Georgian wine - about USD 3.7 / liter. However, in the case of China, prices are down. If, the average price on 1 liter of Georgian wine was about USD 5.3 in China, in 2021 the cost was below USD 4.

Average Export Price For Georgian Wine In Major Markets / 2021

• US - USD 6.4
• China - USD 3.8
• Ukraine - USD 2.74
• Poland - USD 2.8
• Kazakhstan - USD 3.1
• Belarus - USD 3.05
• Russia - USD 2.8