Key Market Indicators
Singapore's sparkling wine imports are expected to hit $459 million by 2026, up 2.4% year-on-year. In 2021, Singapore was the fifth-largest importer of sparkling wine, with total imports valued at $397 million. Germany was the largest importer at $397 million, followed by the UK, Japan, and Germany. Singapore's sparkling wine exports are also on the rise, with exports estimated to reach $488 million by 2026, a 2.3% average annual growth since 1994. In 2021, Singapore was the fourth-largest exporter of sparkling wine, with total exports valued at $425 million. Spain was the largest exporter at $425 million, followed by Italy, Spain, and Singapore.
