Key Market Indicators
Demand for Bermudian sparkling wine is set to rise to $2.84 million by 2026, growing at a 2.4% annual rate. This follows a 3.9% annual increase since 2015, which saw the country rank 72nd in 2021 - behind Barbados, which had $2.43 million. The UK, Japan and Germany were second, third and fourth respectively. Meanwhile, Bermudian exports of sparkling wine are forecast to fall to $27,300 by 2026, dropping at a 3.2% average annual rate. From 2017, supply has grown 8% annually, and the country is currently 73rd in the rankings - behind Uruguay, which had $32,540. Italy, Spain and Singapore were placed second, third and fourth.
