Azerbaijani company eyes to increase its share in Ukrainian market
Baku, Azerbaijan, Oct. 1
By Ilkin Shafiyev - Trend:
The Azerbaijani company Tovuz-Vino, engaged in the sale of alcoholic and non-alcoholic beverages in Ukraine, intends to expand sales in this country, the head of the company Elimkhan Mahmudov told Trend on Oct. 1.
"Presently, we distribute 45 types of Azerbaijani products in the Ukrainian market, produced by the companies such as Az-Granata and Tovuz-Baltia. These are alcoholic beverages, in particular wines of different types, grape, pomegranate juices and other products. Among them there is a wine brand 'Agdam' that has been in demand since Soviet times. Tovuz-Vino distributes Azerbaijani products through the networks of both local and foreign supermarkets and SOCAR gas filling networks," Mahmudov said.
According to Mahmudov, in a month, the company sells products worth $20,000-30,000.
"However, depending on the price policy, it will be possible to bring the sales volumes to $100,000 a month. In general, the Ukrainian market is quite complex and there is a big competition," he said.
According to the State Customs Committee, exports of alcoholic and non-alcoholic beverages, as well as wine vinegar of Azerbaijan in January-August 2018 amounted to $9.37 million, which is about 39 percent less than the same period in 2017. The imports, in turn, increased by almost 25 percent, to $48.65 million.
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