Key Market Indicators
Demand for Argentinian sparkling wine is expected to rise by 2.6% year on year, reaching $7.8 million by 2026. This is a continuation of a steady growth since 1998, with a 24.8% year on year increase. In 2021, Peru ranked higher than Argentina with $6.7 million, followed by the United Kingdom, Japan and Germany. Supply of Argentinian sparkling wine is forecast to increase by 0.3% year on year, reaching $17.3 million by 2026. This is a slight increase from 1998, with a 2.3% year on year growth. In 2021, Switzerland overtook Argentina with $16.9 million, followed by Italy, Spain and Singapore.
