France: Sparkling Wine Market Overview 2020

Sparkling Wine Market Size in France

The revenue of the sparkling wine market in France amounted to $X in 2018, rising by X% against the previous year. In general, sparkling wine consumption continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Sparkling wine consumption peaked in 2018 and is likely to continue its growth in the immediate term.

Sparkling Wine Production in France

In value terms, sparkling wine production stood at $X in 2018 estimated in export prices. Over the period under review, sparkling wine production continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. In that year, sparkling wine production attained its peak level of $X. From 2014 to 2018, sparkling wine production growth remained at a somewhat lower figure.

Sparkling Wine Exports

Exports from France

In 2018, approx. X litres of sparkling wine were exported from France; picking up by X% against the previous year. Overall, the total exports indicated remarkable growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sparkling wine exports increased by +X% against 2011 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. In that year, sparkling wine exports reached their peak and are likely to continue its growth in the immediate term.

In value terms, sparkling wine exports totaled $X in 2018. In general, sparkling wine exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, sparkling wine exports reached their peak figure in 2018 and are likely to continue its growth in the near future.

Exports by Country

The UK (X litres), Belgium (X litres) and the U.S. (X litres) were the main destinations of sparkling wine exports from France, with a combined X% share of total exports. These countries were followed by Australia, Germany, Sweden, Japan, Russia, Singapore, Italy, Switzerland and Spain, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Russia, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sparkling wine exported from France were the U.S. ($X), the UK ($X) and Singapore ($X), together comprising X% of total exports. These countries were followed by Germany, Japan, Belgium, Italy, Australia, Switzerland, Spain, Sweden and Russia, which together accounted for a further X terms of the main countries of destination, Russia experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sparkling wine export price stood at $X per litre in 2018, falling by -X% against the previous year. Over the period under review, the sparkling wine export price continues to indicate a significant reduction. The pace of growth was the most pronounced in 2012 when the average export price increased by X% year-to-year. The export price peaked at $X per litre in 2008; however, from 2009 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Singapore ($X per litre), while the average price for exports to Sweden ($X per litre) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Sparkling Wine Imports

Imports into France

Sparkling wine imports into France stood at X litres in 2018, growing by X% against the previous year. Over the period under review, sparkling wine imports continue to indicate a prominent expansion. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, sparkling wine imports attained their peak figure in 2018 and are expected to retain its growth in the near future.

In value terms, sparkling wine imports amounted to $X in 2018. Over the period under review, sparkling wine imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

Spain (X litres), Italy (X litres) and Germany (X litres) were the main suppliers of sparkling wine imports to France, with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Germany, while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Spain ($X) and Germany ($X) were the largest sparkling wine suppliers to France, with a combined X% share of total imports.

Among the main suppliers, Germany experienced the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average sparkling wine import price amounted to $X per litre, growing by X% against the previous year. Overall, the sparkling wine import price, however, continues to indicate a deep decrease. The pace of growth appeared the most rapid in 2012 an increase of X% against the previous year. The import price peaked at $X per litre in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per litre), while the price for Spain ($X per litre) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform