Key Market Indicators
South Africa's sparkling wine imports are set to rise to $44 million by 2026, up from $36 million in 2021. This is an increase of 3.4% year on year. Since 2005, imports have grown by 10.2% annually. In 2021, South Africa was 27th in the world rankings, with Latvia ahead at $36 million. The United Kingdom, Japan and Germany were second, third and fourth respectively. South Africa's sparkling wine exports are also set to increase, to $33 million by 2026, up from $30 million in 2021, with a 1.3% year on year growth rate. Since 2005, exports have risen 6.9% annually. In 2021, South Africa was 13th in the world rankings, with Belgium taking the lead at $30 million. Italy, Spain and Singapore were second, third and fourth respectively.
