France - Sparkling Wine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSparkling Wine Price in France - 2023
Contents:
- Sparkling Wine Price in France (FOB) - 2023
- Sparkling Wine Price in France (CIF) - 2023
- Sparkling Wine Exports in France
- Sparkling Wine Imports in France
Sparkling Wine Price in France (FOB) - 2023
In June 2023, the average sparkling wine export price amounted to $23.6 per litre, approximately mirroring the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in January 2023 when the average export price increased by 27% against the previous month. The export price peaked at $24.6 per litre in April 2023; however, from May 2023 to June 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Singapore ($43.3 per litre), while the average price for exports to Sweden ($11.4 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 Singapore (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Sparkling Wine Price in France (CIF) - 2023
The average sparkling wine import price stood at $4.6 per litre in June 2023, flattening at the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.4%. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 25% m-o-m. As a result, import price reached the peak level of $5.0 per litre. From February 2023 to June 2023, the average import prices remained at a 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 Italy ($4.5 per litre), while the price for Spain ($2.7 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 Germany (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Sparkling Wine Exports in France
In 2022, sparkling wine exports from France totaled 250M litres, increasing by 3.4% on 2021. The total export volume increased at an average annual rate of +5.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, sparkling wine exports totaled $4.9B in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Sparkling Wine in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 814 | 607 | 1,008 | 1,081 | 9.9% |
| United Kingdom | 511 | 422 | 570 | 572 | 3.8% |
| Singapore | 324 | 253 | 358 | 377 | 5.2% |
| Germany | 308 | 278 | 348 | 355 | 4.8% |
| Japan | 226 | 186 | 237 | 304 | 10.4% |
| Italy | 197 | 169 | 249 | 283 | 12.8% |
| Belgium | 182 | 180 | 233 | 219 | 6.4% |
| Switzerland | 127 | 114 | 152 | 159 | 7.8% |
| Australia | 98.9 | 115 | 152 | 138 | 11.7% |
| Spain | 109 | 72.4 | 128 | 134 | 7.1% |
| Canada | 76.1 | 72.7 | 106 | 121 | 16.7% |
| Netherlands | 72.4 | 82.7 | 126 | 115 | 16.7% |
| Sweden | 75.4 | 81.8 | 101 | 99.6 | 9.7% |
| Others | 735 | 587 | 846 | 896 | 6.8% |
| Total | 3,856 | 3,220 | 4,614 | 4,852 | 8.0% |
Top Export Markets for Sparkling Wine from France in 2022:
- United States (49.0M litres)
- Germany (31.9M litres)
- United Kingdom (25.6M litres)
- Belgium (14.3M litres)
- Italy (13.3M litres)
- Japan (12.4M litres)
- Singapore (10.5M litres)
- Sweden (8.3M litres)
- Australia (7.8M litres)
- Netherlands (6.4M litres)
- Switzerland (5.8M litres)
- Spain (5.2M litres)
- Canada (5.0M litres)
Sparkling Wine Imports in France
In 2022, the amount of sparkling wine imported into France rose sharply to 36M litres, growing by 5.7% on 2021. In general, imports, however, showed a slight decline. Over the period under review, imports hit record highs at 38M litres in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, sparkling wine imports totaled $138M in 2022. The total import value increased at an average annual rate of +12.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 27%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Sparkling Wine in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 58.6 | 61.2 | 78.8 | 83.8 | 12.7% |
| Spain | 22.3 | 16.8 | 18.5 | 20.8 | -2.3% |
| Germany | 4.8 | 8.6 | 9.2 | 9.8 | 26.9% |
| Others | 11.3 | 19.7 | 28.9 | 23.5 | 27.6% |
| Total | 97.0 | 106 | 135 | 138 | 12.5% |
Top Suppliers of Sparkling Wine to France in 2022:
- Italy (22.8M litres)
- Spain (8.3M litres)
- Germany (3.5M litres)
This report provides an in-depth analysis of the sparkling wine market in France. 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:
- France
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in France
- 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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In August 2022, the sparkling wine price stood at $22 per litre (FOB, France), with an increase of 2.4% against the previous month.
92
Champagne exports reached a peak of 139M litres in 2022, but experienced a significant decline the following year. In terms of value, champagne exports saw a rapid contraction to $3.7B in 2023.
463
In September 2022, the wine price amounted to $9.9 per litre (FOB, France), with an increase of 3.8% against the previous month.
807
Wine exports from France are returning to pre-pandemic levels this year. Throughout January-September 2021, France's supplies abroad reached $9.56B, increasing by +43% compared to the same period of 2020. Last year, the Covid-crisis hit the French wine trade, reducing exports by -9% y-o-y (based on USD values). Germany, the UK and the U.S. remain the major foreign buyers, accounting for 42% of total wine exports from France. The average wine export price dropped by -5.5% y-o-y to $7,026 per ton in 2020.
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In June 2023, Wine exports reached their highest point at 132 million litres, but experienced a decline in the subsequent month. In terms of value, wine exports dropped to $1.2 billion in July 2023.
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During the review period, imports of Grape Must reached a record high of 4.2 million liters in September 2022. However, from October 2022 to September 2023, imports did not regain momentum. In terms of value, Grape Must imports surged to $3.5 million in September 2023.
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Explore the top import markets for wine in the world in 2023. Find out which countries are leading in wine imports and what opportunities they offer for wine producers looking to expand globally.
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