Key Market Indicators
Korea's sparkling wine exports are expected to total $79 million by 2026, up 1.7% annually from 2021. Since 2001, the country's supply has decreased by 11.4% each year. In 2021, Korea ranked 70th, with Tanzania ahead of it at $71.7 million. Italy, Spain, and Singapore followed in 2nd, 3rd, and 4th place respectively. Korea's sparkling wine imports are forecast to reach $63 million by 2026, growing 3.6% a year from 2021. Since 1993, the country's demand has increased 9.7% annually. Korea ranked 24th in 2021, with Lithuania just ahead at $50.8 million. The UK, Japan, and Germany were the next three countries in the rankings.
