Denmark - Sparkling Wine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSparkling Wine Price in Denmark - 2023
Contents:
- Sparkling Wine Price in Denmark (CIF) - 2023
- Sparkling Wine Price in Denmark (FOB) - 2023
- Sparkling Wine Imports in Denmark
- Sparkling Wine Exports in Denmark
Sparkling Wine Price in Denmark (CIF) - 2023
In June 2023, the average sparkling wine import price amounted to $10.2 per litre, picking up by 18% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 76% m-o-m. The import price peaked at $14.0 per litre in November 2022; however, from December 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was France ($15.1 per litre), while the price for Spain ($4.5 per litre) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Sweden (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Sparkling Wine Price in Denmark (FOB) - 2023
The average sparkling wine export price stood at $15.5 per litre in June 2023, increasing by 16% against the previous month. Overall, the export price, however, continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in August 2022 when the average export price increased by 78% m-o-m. Over the period under review, the average export prices attained the peak figure at $28.9 per litre in September 2022; however, from October 2022 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was France ($54.5 per litre), while the average price for exports to the Philippines ($4.9 per litre) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Sparkling Wine Imports in Denmark
After three years of growth, supplies from abroad of sparkling wine decreased by -42.8% to 11M litres in 2022. In general, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, imports attained the peak of 19M litres, and then reduced rapidly in the following year.
In value terms, sparkling wine imports contracted significantly to $129M in 2022. Overall, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, imports attained the peak of $222M, and then fell rapidly in the following year.
| Import of Sparkling Wine in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 40.0 | 41.6 | 65.7 | 64.7 | 17.4% |
| Italy | 11.4 | 11.4 | 13.6 | 14.1 | 7.3% |
| Spain | 7.0 | 5.9 | 5.9 | 9.0 | 8.7% |
| Germany | 5.6 | 3.0 | 4.2 | 6.8 | 6.7% |
| United Kingdom | 2.8 | 2.2 | 2.4 | 6.7 | 33.8% |
| Sweden | 1.0 | 1.7 | 1.5 | 1.7 | 19.3% |
| Others | 87.3 | 93.7 | 129 | 26.0 | -33.2% |
| Total | 155 | 160 | 222 | 129 | -5.9% |
Top Suppliers of Sparkling Wine to Denmark in 2022:
- France (3.4M litres)
- Italy (3.3M litres)
- Spain (2.4M litres)
- United Kingdom (0.5M litres)
- Germany (0.4M litres)
- Sweden (0.2M litres)
Sparkling Wine Exports in Denmark
In 2022, overseas shipments of sparkling wine decreased by -46.4% to 2.1M litres for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 37%. As a result, the exports attained the peak of 4M litres, and then dropped sharply in the following year.
In value terms, sparkling wine exports fell dramatically to $45M in 2022. Overall, exports recorded a noticeable contraction. The pace of growth appeared the most rapid in 2021 with an increase of 31% against the previous year. As a result, the exports reached the peak of $82M, and then contracted markedly in the following year.
| Export of Sparkling Wine in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 3.4 | 6.0 | 9.9 | 13.2 | 57.2% |
| Sweden | 3.4 | 6.4 | 11.9 | 7.2 | 28.4% |
| United Kingdom | 3.3 | 6.0 | 2.3 | 3.9 | 5.7% |
| Netherlands | 1.1 | 1.4 | 0.7 | 3.4 | 45.7% |
| France | 1.7 | 2.2 | 2.7 | 2.3 | 10.6% |
| Lithuania | 1.2 | 1.2 | 1.8 | 2.0 | 18.6% |
| Finland | 2.1 | 1.0 | 1.7 | 1.9 | -3.3% |
| Germany | 1.8 | 1.1 | 1.6 | 1.9 | 1.8% |
| Estonia | 1.4 | 1.1 | 1.8 | 1.3 | -2.4% |
| Faroe Islands | 0.4 | 0.3 | 0.8 | 0.7 | 20.5% |
| Latvia | 0.1 | 0.1 | 0.1 | 0.6 | 81.7% |
| Poland | 0.3 | 0.3 | 0.4 | 0.2 | -12.6% |
| Others | 32.2 | 35.8 | 46.7 | 6.3 | -41.9% |
| Total | 52.3 | 62.9 | 82.3 | 45.0 | -4.9% |
Top Export Markets for Sparkling Wine from Denmark in 2022:
- Sweden (798.9K litres)
- Lithuania (290.5K litres)
- Germany (212.2K litres)
- Faroe Islands (122.2K litres)
- Estonia (92.5K litres)
- Latvia (89.9K litres)
- Netherlands (89.3K litres)
- United Kingdom (80.9K litres)
- France (56.8K litres)
- Switzerland (44.1K litres)
- Finland (43.8K litres)
- Poland (23.9K litres)
This report provides an in-depth analysis of the sparkling wine market in Denmark. 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.
Product coverage:
- Prodcom 11021130 - Champagne (important: excluding alcohol duty)
- Prodcom 11021190 - Sparkling wine from fresh grapes (excluding champagne, a lcohol duty)
Country coverage:
- Denmark
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Denmark
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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