Key Market Indicators
Luxembourg is set to experience a modest increase in the import and export of sparkling wine by 2026. In 2021, the country was ranked 29th in import, with $34 million, while the Czech Republic overtook with $34 million. The United Kingdom, Japan, and Germany were respectively numbers 2, 3, and 4 in this ranking. Meanwhile, Luxembourg was ranked 19th in export, with $13 million. Portugal overtook with $13 million, and Italy, Spain, and Singapore respectively were numbers 2, 3, and 4 in this ranking. Between 2004 and 2021, the country's demand for sparkling wine grew by 2.6% year-on-year, while its supply increased by 3.4%. By 2026, Luxembourg is expected to reach $36 million in import and $14 million in export.
