Key Market Indicators
Guyanese sparkling wine exports are set to hit $17.5 million by 2026, according to the latest figures. This is an average annual growth of 1.8% from 2021's total of $15.7 million. Since 2002, Guyanese supply has declined 6.3% each year. In 2021, Peru overtook Guyana to become the 80th largest exporter of sparkling wine, with exports totalling $15.7 million. Italy, Spain, and Singapore were the second, third and fourth largest exporters in 2021. Guyanese sparkling wine imports are predicted to hit $315.4 million by 2026, with an average annual growth of 3.6% from 2021's total of $254.8 million. Since 1997, Guyanese demand has risen 13.1% each year. In 2021, Tanzania's imports of sparkling wine exceeded Guyana's, with a total of $254.8 million. The United Kingdom, Japan, and Germany were the second, third and fourth largest importers in 2021.
