Market Research Report Asia Pacific Alcoholic Beverages Market Demand,Bel | Page 4

• In 2016, the sales of the alcoholic drinks, in the volume terms, have continued to decline although at a pace slower than that which was in 2015. But this was not because of excise, which was the main reason for the decline in 2015. This has happened because of the harsh economic conditions in Belarus which resulted in low disposable incomes of the consumers, thereby leading to reduction in demand for alcoholic drinks. • The government of Belarus has kept on regulating the alcoholic drinks market all through 2016. Production quotas have been imposed on wine and spirits to regulate their sales. Introduced in 2008, the Institute of Special Importers is a group of companies that had been approved by the State and have the official permission to import alcohol and alcoholic beverages from outside. All this has resulted in domestic production dominating the sales scenario of the alcohol in Belarus.