The European export of champagne in 2023 showed that France dominated the market with 236.38 million liters, a slight increase of 0.84% from the previous year. Belgium, Latvia, and Lithuania saw significant volume increases with 7.25%, 3.92%, and 11.39%, respectively. Conversely, Spain, Luxembourg, and Slovenia experienced declines at -5.31%, -3.61%, and -4.88%, respectively. Remarkable growth was seen in Ireland and Greece, with increases of 45.23% and 65.58%, despite their smaller base values. Germany faced a notable decline of -3.62%, and Hungary suffered a dramatic reduction of -28.52%. The Compound Annual Growth Rate (CAGR) over the past five years highlights a stable trend with varied growth across different countries.
Future trends to watch include potential growth in emerging markets in Europe, technological advancements in transportation and preservation of champagne, and evolving consumer preferences towards luxury goods. Monitoring economic conditions and trade agreements will also be crucial in projecting the course of European champagne exports.
Top countries in Export of Champagne by Country
| # | 10 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 236,380,000 | 2023 | -3.18% | +0.84% | View data |
| 2 | 2 Netherlands | 2,592,900 | 2023 | +5% | -1.09% | View data |
| 3 | 3 Germany | 2,270,500 | 2023 | +14.96% | -3.62% | View data |
| 4 | 4 Belgium | 1,385,900 | 2023 | +8.34% | +7.25% | View data |
| 5 | 5 Italy | 1,204,400 | 2023 | +10.42% | +4.67% | View data |
| 6 | 6 United Kingdom | 881,770 | 2023 | +2.69% | +0.99% | View data |
| 7 | 7 Latvia | 588,520 | 2023 | +3.12% | +3.92% | View data |
| 8 | 8 Spain | 384,660 | 2023 | -16.18% | -5.31% | View data |
| 9 | 9 Denmark | 343,540 | 2023 | +3.18% | +7.38% | View data |
| 10 | 10 Lithuania | 306,150 | 2023 | +5.25% | +11.39% | View data |
