Key Market Indicators
Demand for Austrian sparkling wine is forecast to hit $94 million by 2026, up from $86 million in 2021. This represents an average growth rate of 1.2% year-on-year since 1999. In 2021, Austria was the 18th largest importer of sparkling wine, with China in the lead at $86 million. The United Kingdom, Japan, and Germany followed in 2nd, 3rd and 4th place respectively. Meanwhile, exports of Austrian sparkling wine are expected to reach $10 million by 2026, growing 1.6% year-on-year since 1999. In 2021, Austria was the 22nd largest exporter of sparkling wine, with New Zealand in the lead at $9 million. Italy, Spain, and Singapore followed in 2nd, 3rd, and 4th place respectively.
