Key Market Indicators
Belarus' sparkling wine imports are expected to reach around $5.5 million by 2026, up from $4.6 million in 2021. This marks an average year-on-year growth rate of 2.9%. Since 2003, demand for the beverage has been rising steadily, growing at a rate of 7.6% year-on-year. In 2021, Belarus was placed 57th in the ranking, with Morocco overtaking them at $4.6 million. The United Kingdom, Japan, and Germany followed in second, third, and fourth place respectively. Belarus' sparkling wine exports are expected to reach $4.1 million by 2026 from $3.3 million in 2021, with an average year-on-year growth rate of 3.4%. Since 2003, the country's supply has gone up 8.6% year-on-year. In 2021, Belarus was placed 32nd in the ranking, with Panama coming in first at $3.3 million. Italy, Spain, and Singapore followed in second, third, and fourth place respectively.
