EU - Sparkling Wine - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact
European Sparkling Wine Exports Moderately Fall
IndexBox has just published a new report: 'EU - Sparkling Wine - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.
European sparkling wine exports dropped by -4.7% y-o-y to 853M litres, reaching $5.7B in 2020. Italy remains the leading sparkling wine supplier in the EU, providing 48% of total European exports. France, Spain and Germany distantly follow Italy, with a combined 46%-share. All the key exporters reduced the supplies abroad last year. The sparkling wine export price in the EU decreased by -8.2% y-o-y in 2020.
Sparkling Wine Exports in the EU
Sparkling wine exports fell to 853M litres in 2020, declining by -4.7% compared with the figures of the previous year. In value terms, sparkling wine exports reduced from $6.6 in 2019 to $5.7B (IndexBox estimates) in 2020.
Italy represented the largest exporter of sparkling wine in the EU, with the volume of exports reaching 409M litres, which was approx. 48% of total exports in 2020. France (191M litres) ranks second in terms of the total exports with a 22% share, followed by Spain (21%). Germany (28M litres) followed a long way behind the leaders.
In 2020, Italy saw the lowest drop regarding the volume of exported wine in physical terms. The supplies from Italy fell by -2.2% y-o-y. Spain (-3.5% y-o-y), France (-10.2% y-o-y) and Germany (-11.5% y-o-y) illustrated a downward trend over the same period. The shares of other largest exporters remained relatively stable throughout the analyzed period.
In value terms, the largest sparkling wine supplying countries in the EU were France ($3.2B), Italy ($1.7B) and Spain ($462M), together accounting for 93% of total exports.
The sparkling wine export price in the EU stood at $6.7 per litre in 2020, dropping by -8.2% against the previous year. There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was France ($17 per litre), while Spain ($2.5 per litre) was amongst the lowest. Last year, the most notable rate of growth in terms of prices was attained by Italy, while the other leaders experienced a decline in the export price figures.
Leading Importers of Sparkling Wine from Italy and France
The UK remains the key importer of sparkling wine from Italy, accounting for 26% of the total Italian exports. The U.S. (22%), Germany (8%), France (5%) and Russia (4%) follow the UK.
The bulk of sparkling wine volume from France goes to the U.S. (17%), the UK (15%) and Germany (14%). Belgium, Italy, Japan and Australia distantly follow these importers.
Source: IndexBox Platform
This report provides an in-depth analysis of the sparkling wine market in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
Webinar: Global Lithium Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global lithium carbonate market.
Thursday, September 30th, 2021 @ 04:00 pm ET
Webinar: Global Recovered Paper Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global recovered paper market.
Thursday, October 7th, 2021 @ 04:00 pm ET
Webinar: Global Biomass Market - Statistics, Regulation, and Outlook
Join our live webinar to get insights into the global biomass market.
Thursday, October 14th, 2021 @ 04:00 pm ET