Spain - Champagne - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Spain - Champagne - Market Analysis, Forecast, Size, Trends And Insights

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Champagne Price in Spain - 2023

Contents:

  1. Champagne Price in Spain (CIF) - 2023
  2. Champagne Price in Spain (FOB) - 2022
  3. Champagne Imports in Spain
  4. Champagne Exports in Spain

Champagne Price in Spain (CIF) - 2023

The average champagne import price stood at $36.5 per litre in July 2023, remaining stable against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 36% against the previous month. The import price peaked at $43.8 per litre in May 2023; however, from June 2023 to July 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for France.

From July 2022 to July 2023, the rate of growth in terms of prices for France amounted to +0.0% per month.

Champagne Price in Spain (FOB) - 2022

In 2022, the average champagne export price amounted to $38 per litre, reducing by -11.7% against the previous year. In general, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, champagne export price increased by +43.4% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 62% against the previous year. The export price peaked at $60 per litre in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($55 per litre), while the average price for exports to China ($8.3 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.

Champagne Imports in Spain

In 2022, imports of champagne into Spain shrank to 3.9M litres, dropping by -9.5% on the year before. Over the period under review, total imports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +3.7% 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 +71.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 90% against the previous year. As a result, imports reached the peak of 4.3M litres, and then declined in the following year.

In value terms, champagne imports amounted to $119M in 2022. Overall, total imports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +3.4% 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 +76.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 76%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Champagne in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France10264.51141164.4%
Germany1.20.20.91.712.3%
Others5.02.83.31.8-28.9%
Total10867.51191193.3%

Top Suppliers of Champagne to Spain in 2022:

  1. France (4.0M litres)
  2. Germany (0.1M litres)

Champagne Exports in Spain

After three years of growth, overseas shipments of champagne decreased by -15.8% to 528K litres in 2022. The total export volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 23%. The exports peaked at 627K litres in 2021, and then declined markedly in the following year.

In value terms, champagne exports contracted remarkably to $20M in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 67% against the previous year. As a result, the exports attained the peak of $27M, and then declined rapidly in the following year.

Export of Champagne in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands3.55.68.84.37.1%
Switzerland1.70.32.71.70.0%
Russia0.70.10.61.734.4%
Andorra1.20.61.21.57.7%
United States0.70.41.21.322.9%
Italy1.30.80.80.9-11.5%
TurkeyN/A0.20.60.787.1%
Germany0.80.61.00.5-14.5%
Belgium0.10.40.40.571.0%
Portugal1.10.50.40.3-35.2%
RomaniaN/A0.90.60.2-52.9%
MexicoN/AN/AN/A0.20%
ChinaN/A0.20.10.20.0%
Others9.55.58.96.0-14.2%
Total20.616.227.120.2-0.7%

Top Export Markets for Champagne from Spain in 2022:

  1. Netherlands (78.7K litres)
  2. United States (74.7K litres)
  3. Belgium (46.3K litres)
  4. Switzerland (35.3K litres)
  5. Russia (34.3K litres)
  6. Andorra (33.8K litres)
  7. China (19.5K litres)
  8. Italy (16.9K litres)
  9. Turkey (15.0K litres)
  10. Germany (15.0K litres)
  11. Mexico (10.3K litres)
  12. Romania (10.2K litres)
  13. Portugal (7.5K litres)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the champagne market in Spain. 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:

  • Spain

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Spain
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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