Key Market Indicators
Estonian Champagne export is estimated to reach 200,000 litres by 2026, up from 164,000 litres in 2021. This marks a 3.5% year-on-year growth rate. Since 2005, Estonian supply has increased by 10% annually. In 2021, Estonia was ranked 11th, with Lithuania coming in ahead at 164,000 litres. Germany, the Netherlands and Italy were ranked 2nd, 3rd and 4th respectively. Meanwhile, Estonian Champagne import is estimated to reach 387,000 litres by 2026, up from 327,000 litres in 2021. This marks a 2.9% year-on-year growth rate. Since 2005, Estonian demand has risen by 6.7% annually. In 2021, Estonia was ranked 18th, with Ireland coming in ahead at 327,000 litres. Germany, Belgium and Italy were ranked 2nd, 3rd and 4th respectively.
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Champagne Industry: Unraveling Growth Dynamics, Opportunities, and Future Forecasts
The effervescent wine market, which includes products like Champagne, has shown robust growth dynamics in recent years. This is primarily due to increasing consumer appreciation for high-quality, specialty wines. Driven by rising global income levels and a shift towards more premium alcoholic beverages, the effervescent wine market — especially Champagne...
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