Sparkling Wine Market Overview in the European Union
In value terms, sparkling wine production shrank to $ in 2019 estimated in export prices. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by % year-to-year. Over the period under review, production hit record highs at $ in 2014; however, from 2015 to 2019, production stood at a somewhat lower figure.
The countries with the highest volumes of sparkling wine production in 2019 were Spain ( tonnes), Italy ( tonnes) and France ( tonnes), together accounting for % of total production.
From 2007 to 2019, the biggest increases were in Spain, while sparkling wine production for the other leaders experienced more modest paces of growth.
The revenue of the sparkling wine market in the European Union shrank slightly to $ in 2019, declining by -% 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 saw a slight setback. The most prominent rate of growth was recorded in 2013 when the market value increased by % y-o-y. Over the period under review, the market attained the maximum level at $ in 2008; however, from 2009 to 2019, consumption remained at a lower figure.
From 2007 to 2019, the most notable rate of growth in terms of sparkling wine consumption, amongst the key consuming countries, was attained by Spain, while sparkling wine consumption for the other leaders experienced more modest paces of growth.
In value terms, France ($), Poland ($) and Germany ($) constituted the countries with the highest levels of market value in 2019, with a combined % share of the total market. The Netherlands, Italy, Spain and Portugal lagged somewhat behind, together accounting for a further %.
Italy saw the highest growth rate of market size, in terms of the main consuming countries over the period under review, while sparkling wine market for the other leaders experienced mixed trends in the market figures.
The countries with the highest levels of sparkling wine per capita consumption in 2019 were Spain ( kg per person), Italy ( kg per person) and Portugal ( kg per person).
From 2007 to 2019, the biggest increases were in Spain, while sparkling wine per capita consumption for the other leaders experienced more modest paces of growth.