Germany: Sparkling Wine Market 2024

Sparkling Wine Market Size in Germany

The German sparkling wine market surged to $X in 2023, with an increase of X% against the previous year. Overall, consumption showed a relatively flat trend pattern. Sparkling wine consumption peaked at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.

Sparkling Wine Production in Germany

In value terms, sparkling wine production skyrocketed to $X in 2023 estimated in export price. In general, production recorded a relatively flat trend pattern. Sparkling wine production peaked at $X in 2018; however, from 2019 to 2023, production failed to regain momentum.

Sparkling Wine Exports

Exports from Germany

In 2023, after two years of growth, there was significant decline in shipments abroad of sparkling wine, when their volume decreased by X% to X litres. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at X litres in 2022, and then declined in the following year.

In value terms, sparkling wine exports rose significantly to $X in 2023. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2023 and are likely to continue growth in the immediate term.

Exports by Country

Austria (X litres), France (X litres) and the Czech Republic (X litres) were the main destinations of sparkling wine exports from Germany, together accounting for X% of total exports. Poland, Romania, Luxembourg, Canada, Switzerland, the Netherlands, South Korea, Australia, Norway and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sparkling wine exported from Germany were Austria ($X), France ($X) and Poland ($X), together comprising X% of total exports. Norway, the Czech Republic, the Netherlands, Switzerland, Canada, Romania, the United States, Luxembourg, South Korea and Australia lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, South Korea, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average sparkling wine export price amounted to $X per litre, surging by X% against the previous year. In general, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Norway ($X per litre), while the average price for exports to the Czech Republic ($X per litre) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sparkling Wine Imports

Imports into Germany

In 2023, the amount of sparkling wine imported into Germany dropped modestly to X litres, declining by X% against the previous year's figure. Over the period under review, imports showed a mild curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at X litres in 2013; however, from 2014 to 2023, imports failed to regain momentum.

In value terms, sparkling wine imports rose significantly to $X in 2023. Overall, imports, however, recorded slight growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2023 and are likely to see steady growth in years to come.

Imports by Country

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

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, France ($X) constituted the largest supplier of sparkling wine to Germany, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value from France amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Spain (X% per year).

Import Prices by Country

The average sparkling wine import price stood at $X per litre in 2023, with an increase of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, average import prices reached the peak figure in 2023 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was France ($X per litre), while the price for Spain ($X per litre) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform