The European import market for agglomerated corks and stoppers for sparkling wine is dominated by Spain, France, and Italy, with Spain leading despite a notable decline of 8.95% in the recent year. Portugal, a cork-producing powerhouse, showed a strong growth of 49.15%, while smaller markets like Greece and Romania experienced significant increases at 53.84% and 35.84% respectively. The UK saw a rise of 12.71%, although it remains a smaller player in terms of volume. Austria, Hungary, and Croatia also reported positive changes, highlighting varied demand across the continent.
Future trends to watch include shifts in production and consumption patterns affected by economic variables and sustainability demands. Portugal’s growth suggests potential increases in their production capacity or demand driven by quality and environmental consciousness. Countries showing high percentage growth, though starting from low volumes, might indicate emerging market opportunities. Sustainability trends and regulatory changes in packaging materials could further impact market dynamics, influencing demand for eco-friendly options in the sparkling wine segment. Trade relationships post-Brexit, economic recovery, and environmental policies will also play crucial roles in shaping market trends.
Top countries in Import of Corks and Stoppers for Sparkling Wine, of Agglomerated Cork by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 13,081,000 | 2023 | +19.36% | -8.95% | View data |
| 2 | 2 France | 8,096,800 | 2023 | +5.31% | -4.6% | View data |
| 3 | 3 Italy | 7,614,500 | 2023 | +3.39% | +2.02% | View data |
| 4 | 4 Portugal | 1,685,300 | 2023 | +17.4% | +49.15% | View data |
| 5 | 5 Germany | 1,084,100 | 2023 | +0.33% | +0.65% | View data |
| 6 | 6 United Kingdom | 206,220 | 2023 | +5.21% | +12.71% | View data |
| 7 | 7 Austria | 128,800 | 2023 | +0.15% | +6.94% | View data |
| 8 | 8 Czechia | 108,910 | 2023 | |||
| 9 | 9 Hungary | 86,080 | 2023 | +2.08% | +3.81% | View data |
| 10 | 10 Belgium | 79,280 | 2023 | +25.63% | -2.78% | View data |