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Slovenia - Sparkling Wine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSparkling Wine Price in Slovenia - 2023
Contents:
- Sparkling Wine Price in Slovenia (CIF) - 2022
- Sparkling Wine Price in Slovenia (FOB) - 2023
- Sparkling Wine Imports in Slovenia
- Sparkling Wine Exports in Slovenia
Sparkling Wine Price in Slovenia (CIF) - 2022
In 2022, the average sparkling wine import price amounted to $5.3 per litre, approximately reflecting the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sparkling wine import price decreased by -8.8% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of 31%. The import price peaked at $5.8 per litre in 2020; however, from 2021 to 2022, 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 France ($10 per litre), while the price for Italy ($3.3 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Sparkling Wine Price in Slovenia (FOB) - 2023
In September 2023, the average sparkling wine export price amounted to $9.4 per litre, waning by -35.7% against the previous month. Over the period under review, the export price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in April 2023 an increase of 89% month-to-month. The export price peaked at $14.7 per litre in August 2023, and then reduced rapidly in the following month.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was South Korea ($44.4 per litre), while the average price for exports to Serbia ($3.5 per litre) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.
Sparkling Wine Imports in Slovenia
For the fourth year in a row, Slovenia recorded growth in purchases abroad of sparkling wine, which increased by 13% to 1.2M litres in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, sparkling wine imports expanded rapidly to $6.3M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 42%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
Import of Sparkling Wine in Slovenia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 1,490 | 2,640 | 2,945 | 3,289 | 30.2% |
Italy | 1,013 | 1,382 | 1,331 | 1,875 | 22.8% |
Germany | 366 | 258 | 477 | 376 | 0.9% |
Austria | 6.3 | 273 | 289 | 270 | 250.0% |
Spain | 356 | 277 | 102 | 192 | -18.6% |
Croatia | 244 | 39.4 | 143 | 155 | -14.0% |
Hungary | 27.3 | 52.1 | 63.8 | 17.0 | -14.6% |
Others | 58.0 | 143 | 108 | 86.8 | 14.4% |
Total | 3,560 | 5,065 | 5,459 | 6,261 | 20.7% |
Top Suppliers of Sparkling Wine to Slovenia in 2022:
- Italy (574.0K litres)
- France (328.8K litres)
- Germany (112.3K litres)
- Austria (79.3K litres)
- Spain (46.1K litres)
- Croatia (16.9K litres)
- Hungary (11.2K litres)
Sparkling Wine Exports in Slovenia
In 2022, the amount of sparkling wine exported from Slovenia totaled 435K litres, growing by 13% compared with the previous year. The total export volume increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, sparkling wine exports reduced to $2.8M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -16.0% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 79% against the previous year. As a result, the exports reached the peak of $3.3M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Sparkling Wine in Slovenia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 219 | 296 | 659 | 656 | 44.2% |
Croatia | 449 | 268 | 504 | 505 | 4.0% |
Italy | 409 | 962 | 247 | 368 | -3.5% |
Serbia | 189 | 127 | 230 | 232 | 7.1% |
Germany | 77.1 | 40.0 | 76.8 | 222 | 42.3% |
Austria | 55.7 | 81.8 | 65.8 | 115 | 27.3% |
China | 33.4 | 49.0 | 187 | 92.6 | 40.5% |
Bosnia and Herzegovina | 35.1 | 32.2 | 59.9 | 75.3 | 29.0% |
Montenegro | 60.0 | 46.4 | 3.3 | 9.8 | -45.3% |
Others | 305 | 1,384 | 929 | 484 | 16.6% |
Total | 1,832 | 3,287 | 2,962 | 2,760 | 14.6% |
Top Export Markets for Sparkling Wine from Slovenia in 2022:
- Croatia (131.0K litres)
- United States (83.0K litres)
- Serbia (71.0K litres)
- Germany (29.1K litres)
- Italy (23.5K litres)
- Austria (15.1K litres)
- China (13.8K litres)
- Bosnia and Herzegovina (12.4K litres)
- Montenegro (3.7K litres)
This report provides an in-depth analysis of the sparkling wine market in Slovenia. 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)
- Prodcom 11021190 - Sparkling wine from fresh grapes (excluding champagne, a lcohol duty)
Country coverage:
- Slovenia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Slovenia
- 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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The global market for sparkling wine is expected to experience a steady increase in consumption over the next seven years, with a projected CAGR of +4.5% in volume and +6.8% in value terms. By 2030, the market volume is estimated to reach 8.3B litres and the market value to reach $70.6B.
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In 2016, global wine market reached $X in wholesale prices. This figure reflects total revenue of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price
Global wine consumption amounted to X thousand tons in 2015, remaining stable against the previous year level.
The value of total imports on the global wine market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, wine imports reached X million liters in 2015, X million liters
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