Key Market Indicators
Indonesia's export of sparkling wine plummeted by 94.9% in 2021 compared to 2020, reaching a mere $17,730. This is a 72.4% decline from 2004. In the global market, the country ranked 78th, with Benin coming in ahead at $17,730. Italy, Spain and Singapore were the runners-up, at 2nd, 3rd and 4th place respectively. The demand for Indonesian sparkling wine is expected to reach $48,610 by 2026, a 3% decline compared to 2021's figure of $58,020. Over the past 27 years, demand has decreased by 8.9% year on year. In 2021, Indonesia was ranked 129th, with Egypt coming in ahead at $58,020. The United Kingdom, Japan and Germany were the runners-up, at 2nd, 3rd and 4th place respectively.
