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France - Champagne - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChampagne Price in France - 2023
Contents:
- Champagne Price in France (FOB) - 2023
- Champagne Price in France (CIF) - 2022
- Champagne Exports in France
- Champagne Imports in France
Champagne Price in France (FOB) - 2023
In July 2023, the average champagne export price amounted to $38.3 per litre, shrinking by -3.4% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.7%. The pace of growth was the most pronounced in January 2023 an increase of 16% m-o-m. Over the period under review, the average export prices reached the peak figure at $40.5 per litre in April 2023; however, from May 2023 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Japan ($48.8 per litre), while the average price for exports to Australia ($26.3 per litre) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Champagne Price in France (CIF) - 2022
The average champagne import price stood at $14 per litre in 2022, reducing by -9.6% against the previous year. Over the period under review, the import price recorded a abrupt decrease. The pace of growth appeared the most rapid in 2016 an increase of 25% against the previous year. As a result, import price reached the peak level of $38 per litre. From 2017 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($54 per litre), while the price for Italy ($5.1 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.6%), while the prices for the other major suppliers experienced a decline.
Champagne Exports in France
In 2022, champagne exports from France totaled 139M litres, surging by 8.5% on the previous year's figure. The total export volume increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 35%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, champagne exports expanded remarkably to $4.4B in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
Export of Champagne in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 722 | 511 | 873 | 955 | 9.8% |
United Kingdom | 499 | 399 | 534 | 531 | 2.1% |
Singapore | 330 | 252 | 359 | 371 | 4.0% |
Japan | 211 | 168 | 216 | 279 | 9.8% |
Italy | 195 | 166 | 240 | 268 | 11.2% |
Germany | 228 | 189 | 250 | 266 | 5.3% |
Belgium | 162 | 161 | 207 | 195 | 6.4% |
Switzerland | 124 | 108 | 145 | 150 | 6.6% |
Spain | 108 | 71.5 | 124 | 129 | 6.1% |
Australia | 87.7 | 105 | 140 | 125 | 12.5% |
Netherlands | 67.3 | 77.1 | 117 | 104 | 15.6% |
Canada | 65.1 | 60.6 | 91.6 | 103 | 16.5% |
Sweden | 60.4 | 62.8 | 81.1 | 78.5 | 9.1% |
Others | 652 | 511 | 752 | 844 | 9.0% |
Total | 3,512 | 2,841 | 4,132 | 4,397 | 7.8% |
Top Export Markets for Champagne from France in 2022:
- United States (25.7M litres)
- United Kingdom (19.2M litres)
- Germany (13.1M litres)
- Italy (10.3M litres)
- Singapore (10.3M litres)
- Belgium (9.4M litres)
- Japan (7.5M litres)
- Australia (5.1M litres)
- Switzerland (4.7M litres)
- Netherlands (4.5M litres)
- Spain (4.5M litres)
- Sweden (4.3M litres)
- Canada (2.6M litres)
Champagne Imports in France
In 2022, approx. 2M litres of champagne were imported into France; rising by 17% compared with the year before. The total import volume increased at an average annual rate of +14.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 33%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, champagne imports expanded notably to $29M in 2022. The total import value increased at an average annual rate of +10.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 13%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
Import of Champagne in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 5.4 | 6.8 | 6.7 | 7.4 | 11.1% |
United Kingdom | 2.8 | 2.9 | 1.2 | 4.6 | 18.0% |
Germany | 1.7 | 3.4 | 3.3 | 2.8 | 18.1% |
Belgium | 1.6 | 1.0 | 0.9 | 2.1 | 9.5% |
Russia | N/A | N/A | N/A | 1.6 | 0% |
Netherlands | 1.6 | 4.9 | 6.4 | 1.2 | -9.1% |
Spain | 1.1 | 0.4 | 0.4 | 1.2 | 2.9% |
Others | 7.3 | 5.0 | 8.7 | 8.1 | 3.5% |
Total | 21.6 | 24.4 | 27.5 | 29.0 | 10.3% |
Top Suppliers of Champagne to France in 2022:
- Italy (1456.2K litres)
- United Kingdom (174.8K litres)
- Belgium (90.6K litres)
- Germany (51.4K litres)
- Netherlands (47.1K litres)
- Russia (35.4K litres)
- Spain (34.6K litres)
This report provides an in-depth analysis of the champagne market in France. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 11021130 - Champagne (important: excluding alcohol duty)
Country coverage:
- France
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in France
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Champagne exports hit a high of 139M litres in 2022 but saw a significant decline the following year. In terms of value, Champagne exports fell sharply to $3.6B in 2023.
Champagne exports reached a peak of 139M litres in 2022, but experienced a significant decline the following year. In terms of value, champagne exports saw a rapid contraction to $3.7B in 2023.
From 2019 to 2023, the growth of Wine exports failed to regain momentum. In value terms, Wine and grape must exports expanded to $13.4B in 2023.
In June 2023, Wine exports reached their highest point at 132 million litres, but experienced a decline in the subsequent month. In terms of value, wine exports dropped to $1.2 billion in July 2023.
During the review period, imports of Grape Must reached a record high of 4.2 million liters in September 2022. However, from October 2022 to September 2023, imports did not regain momentum. In terms of value, Grape Must imports surged to $3.5 million in September 2023.
The Sparkling Wine exports peaked at 237M litres in 2022, and then dropped in the following year. In value terms, Sparkling Wine exports reached $5.1B in 2023.
In August 2022, the sparkling wine price stood at $22 per litre (FOB, France), with an increase of 2.4% against the previous month.
In September 2022, the wine price amounted to $9.9 per litre (FOB, France), with an increase of 3.8% against the previous month.
Wine exports from France are returning to pre-pandemic levels this year. Throughout January-September 2021, France's supplies abroad reached $9.56B, increasing by +43% compared to the same period of 2020. Last year, the Covid-crisis hit the French wine trade, reducing exports by -9% y-o-y (based on USD values). Germany, the UK and the U.S. remain the major foreign buyers, accounting for 42% of total wine exports from France. The average wine export price dropped by -5.5% y-o-y to $7,026 per ton in 2020.
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