
U.S. - Sparkling Wine - Market Analysis, Forecast, Size, Trends And Insights
Sparkling Wine Price June 2022
U.S. Sparkling Wine Import Price June 2022
The average sparkling wine import price stood at $10 per litre in June 2022, rising by 3.8% against the previous month. Over the period from January 2022 to June 2022, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in March 2022 when the average import price increased by 11% m-o-m. Over the period under review, average import prices hit record highs in June 2022.
Prices varied noticeably by the country of origin: the country with the highest price was France ($26 per litre), while the price for Spain ($4.9 per litre) was amongst the lowest.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by France (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.
U.S. Sparkling Wine Imports
Sparkling wine imports into the United States skyrocketed to 20M litres in June 2022, increasing by 31% on the previous month. Over the period under review, total imports indicated prominent growth from January 2022 to June 2022: its volume increased at an average monthly rate of +8.9% over the last five-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2022 figures, imports increased by +90.7% against February 2022 indices. The most prominent rate of growth was recorded in March 2022 when imports increased by 40% month-to-month. Imports peaked in June 2022.
In value terms, sparkling wine imports surged to $206M (IndexBox estimates) in June 2022. In general, total imports indicated a buoyant increase from January 2022 to June 2022: its value increased at an average monthly rate of +10.5% over the last five months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2022 figures, imports increased by +116.4% against February 2022 indices. The most prominent rate of growth was recorded in March 2022 when imports increased by 56% month-to-month. Over the period under review, imports hit record highs in June 2022.
U.S. Sparkling Wine Imports by Country
In June 2022, Italy (13M litres) constituted the largest supplier of sparkling wine to the United States, accounting for a 63% share of total imports. Moreover, sparkling wine imports from Italy exceeded the figures recorded by the second-largest supplier, France (4.9M litres), threefold.
From January 2022 to June 2022, the average monthly rate of growth in terms of volume from Italy amounted to +11.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: France (+3.2% per month) and Spain (+10.7% per month).
In value terms, France ($126M), Italy ($66M) and Spain ($11M) constituted the largest sparkling wine suppliers to the United States, with a combined 99% share of total imports.
Among the main suppliers, Spain, with a CAGR of +12.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the sparkling wine market in the U.S.. 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 2030.
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 Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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