Key Market Indicators
Russian demand for sparkling wine is projected to increase by 1.9% year on year, reaching $220 million in 2026. In 2021, the country was ranked tenth in the world, with Switzerland coming in first at $197 million. The UK, Japan and Germany followed in second, third and fourth place respectively. Meanwhile, Russian supply of sparkling wine is expected to grow by 1.3% year on year, reaching $3.3 million in 2026. In 2021, Belarus led the pack at $3 million, followed by Italy, Spain and Singapore in second, third and fourth. Since 2001, Russian supply has decreased by 2% year on year.
