Belgium - Champagne - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChampagne Price in Belgium - 2023
Contents:
- Champagne Price in Belgium (CIF) - 2023
- Champagne Price in Belgium (FOB) - 2023
- Champagne Imports in Belgium
- Champagne Exports in Belgium
Champagne Price in Belgium (CIF) - 2023
In July 2023, the average champagne import price amounted to $25.9 per litre, with a decrease of -13.7% against the previous month. Over the period under review, import price indicated a measured expansion from July 2022 to July 2023: its price increased at an average monthly rate of +2.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, champagne import price decreased by -21.8% against April 2023 indices. The pace of growth was the most pronounced in August 2022 when the average import price increased by 22% m-o-m. Over the period under review, average import prices attained the peak figure at $33.2 per litre in April 2023; however, from May 2023 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($71.7 per litre), while the price for Italy ($11.8 per litre) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Champagne Price in Belgium (FOB) - 2023
In July 2023, the average champagne export price amounted to $26.5 per litre, waning by -9.4% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 29% m-o-m. As a result, the export price attained the peak level of $31.3 per litre. From May 2023 to July 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($42.8 per litre), while the average price for exports to Cote d'Ivoire ($4.4 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 Qatar (+46.1%), while the prices for the other major destinations experienced more modest paces of growth.
Champagne Imports in Belgium
In 2022, approx. 8.8M litres of champagne were imported into Belgium; which is down by -4.8% against the previous year. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year. As a result, imports attained the peak of 9.2M litres, and then shrank in the following year.
In value terms, champagne imports reduced to $206M in 2022. The total import value increased at an average annual rate of +7.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, imports attained the peak of $217M, and then fell in the following year.
| Import of Champagne in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 160 | 154 | 203 | 190 | 5.9% |
| Germany | 0.9 | 4.8 | 6.8 | 6.6 | 94.3% |
| Netherlands | 3.4 | 2.9 | 3.8 | 3.1 | -3.0% |
| Italy | 0.3 | 0.3 | 1.3 | 2.8 | 110.5% |
| Others | 1.8 | 1.3 | 1.6 | 3.1 | 19.9% |
| Total | 167 | 163 | 217 | 206 | 7.2% |
Top Suppliers of Champagne to Belgium in 2022:
- France (7.7M litres)
- Germany (0.3M litres)
- Netherlands (0.2M litres)
- Italy (0.1M litres)
Champagne Exports in Belgium
In 2022, the amount of champagne exported from Belgium declined modestly to 3.8M litres, approximately reflecting 2021 figures. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 308%. As a result, the exports reached the peak of 3.8M litres, leveling off in the following year.
In value terms, champagne exports reached $89M in 2022. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 204% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Champagne in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.1 | N/A | 45.1 | 44.6 | 664.0% |
| Luxembourg | 8.7 | 8.2 | 9.7 | 13.5 | 15.8% |
| France | 2.5 | 2.0 | 1.4 | 5.0 | 26.0% |
| Netherlands | 6.2 | 6.0 | 11.1 | 4.2 | -12.2% |
| Australia | 0.2 | 0.7 | 0.4 | 4.1 | 173.7% |
| United States | 6.9 | 2.9 | 4.3 | 2.9 | -25.1% |
| Democratic Republic of the Congo | 0.4 | 0.7 | 1.6 | 2.6 | 86.6% |
| Hong Kong SAR | 0.1 | N/A | 0.1 | 0.9 | 108.0% |
| Ukraine | 1.4 | 1.7 | 2.5 | 0.8 | -17.0% |
| Canada | N/A | N/A | 0.6 | 0.6 | 0.0% |
| China | 1.1 | 0.3 | N/A | 0.4 | -28.6% |
| Spain | 1.4 | 0.8 | 1.6 | 0.4 | -34.1% |
| Others | 7.0 | 4.9 | 7.8 | 9.3 | 9.9% |
| Total | 36.1 | 28.3 | 86.2 | 89.3 | 35.2% |
Top Export Markets for Champagne from Belgium in 2022:
- United Kingdom (545.4K litres)
- Luxembourg (470.3K litres)
- Australia (225.7K litres)
- Netherlands (140.5K litres)
- France (113.5K litres)
- United States (101.6K litres)
- Democratic Republic of the Congo (72.6K litres)
- Hong Kong SAR (40.2K litres)
- Canada (31.1K litres)
- Ukraine (23.2K litres)
- China (18.3K litres)
- Spain (7.5K litres)
This report provides an in-depth analysis of the champagne market in Belgium. 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:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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
-
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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