Factors of the attractiveness of Slovak wine market and their influence on the Czech wine export to Slovakia
R. Kučerováhttps://doi.org/10.17221/130/2013-AGRICECONCitation:Kučerová R. (2014): Factors of the attractiveness of Slovak wine market and their influence on the Czech wine export to Slovakia. Agric. Econ. – Czech, 60: 430-439.
The contribution follows the development of Czech wine exports to Slovakia, depending on the development of the wine industry attractiveness in Slovakia. Wine export from the Czech Republic to Slovakia in the terms of volume and value of exports, both globally and in the division of export bulk and bottled wine, is confronted with the development of factors influencing the wine sector attractiveness in Slovakia. The Slovak wine market is a market in the phase of growth, the wine consumption per capita in 2011 reached 14.7 Lt.; the domestic production covered only 46% of the domestic consumption. The level of the industry concentration is high, the 6 largest companies produce more than 18.5 mill. Lt. of wine – 50% of the total domestic production. Wine legislation is comparable to the Czech legislation, the purchasing power of the customers shows a positive development, but the cheap table wine imports still represent more than 50% of the total domestic consumption. The opportunity for Czech exporters is the factor represented by the size and growth of the market and the legislation, too. The situation is rather more positive for the re-export of cheap wine from other countries than the direct export of Czech wine to Slovakia in case of other analyzed factors.Keywords:
attractiveness, bottled wine, bulk wine, exporter, Slovak wine sector, trend