Manufacturers endeavour to secure against fake and poor-quality products
It turns out that the excise duty has been reportedly increased since July 1, 2014. Now it reaches almost 14 hryvnias per bottle. Thus, the price of uncounterfeit alcohol cannot be less than UAH 39.90, the manufacturers explain, Commentaries (Коментарі) reports.
The government has also raised minimum retail prices of other alcoholic beverages. In particular, retail prices of wine in glass bottles (volume 0.7 l) or other packaging (1 l) have grown by 11% - up to 20 hryvnias, while wine in glass bottles (0.75 l) as well as some other wine (0.7 l) - by 26.9%, up to 33 hryvnias.
The cognac prices are also going up depending on a quality grade, the so called «stars»: the less the aging of wine, the higher the percent the prices rise to.
In April the Ukrgorilka association submitted a proposal to the Cabinet of Ministers of Ukraine asking to raise the retail price of a half-litre of vodka by 32.6% due to increase in its cost price. The association believes that the price hike will help fight illegal trade in alcoholic beverages.