Prices of apple-based drinks could soon rise by 30-35% in Russia, warns “Kommersant”This applies to both non-alcoholic and alcoholic products.
The risk of crop failure due to May frosts has led to an increase in prices of industrial apples used in juice production. Market participants reported that September raw material prices increased by 45-67% on an annual basis.
Apple drink producers are planning to revise their sales prices to protect their profits. But independent alcohol market expert Alexey Nebolsin says it won’t be easy. According to him, companies in the regions have already started receiving warnings from regulators to prevent price increases. Retailers have also taken a tough stance on the cost of goods.
Experts say increased purchases of apples from Iran and Uzbekistan could improve the situation.
Before reportedIt is stated that Russia has almost doubled its apple imports from abroad.
Previously France guess Worst wheat harvest since 1983.