Sparkling Wine Market in the European Union
In value terms, sparkling wine production rose notably to $ in estimated in export price. Overall, production, however, saw a slight curtailment. The most prominent rate of growth was recorded in 2011 with an increase of % against the previous year. The level of production peaked at $ in 2008; however, from 2009 to , production remained at a lower figure.
Italy ( litres) remains the largest sparkling wine producing country in the European Union, comprising approx. % of total volume. Moreover, sparkling wine production in Italy exceeded the figures recorded by the second-largest producer, France ( litres), twofold. Spain ( litres) ranked third in terms of total production with a % share.
From 2007 to , the average annual growth rate of volume in Italy totaled +%. In the other countries, the average annual rates were as follows: France (-% per year) and Spain (+% per year).
The value of the sparkling wine market in the European Union expanded to $ in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of %. The level of consumption peaked at $ in 2007; however, from 2008 to , consumption remained at a lower figure.
From 2007 to , the biggest increases were in Romania (with a CAGR of +%), while consumption for the other leaders experienced more modest paces of growth.
In value terms, Germany ($) led the market, alone. The second position in the ranking was occupied by Belgium ($). It was followed by Sweden.
From 2007 to , the average annual growth rate of value in Germany totaled -%. The remaining consuming countries recorded the following average annual rates of market growth: Belgium (-% per year) and Sweden (+% per year).
The countries with the highest levels of sparkling wine per capita consumption in were Belgium ( litres per person), Austria ( litres per person) and Sweden ( litres per person).
From 2007 to , the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Romania (with a CAGR of +%), while consumption for the other leaders experienced more modest paces of growth.