Key Market Indicators
Ukrainian imports and exports of sparkling wine are set to increase over the next five years. Imports are expected to rise from $25 million in 2021 to $30 million by 2026, representing a 2.9% year-on-year growth rate. In 2021, Ukraine ranked 36th in terms of imports, with Greece coming in first at $25 million. The UK, Japan, and Germany followed in second, third, and fourth place respectively. Exports of Ukrainian sparkling wine are forecast to decline from $6.2 million in 2021 to $4.1 million by 2026. This represents an average annual decline of 7.4%. In 2021, Hungary overtook Ukraine as the 25th largest exporter, with Italy, Spain, and Singapore following in second, third, and fourth place respectively. Since 2001, Ukrainian exports have decreased by 0.9% year-on-year.
