Australia - Sparkling Wine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSparkling Wine Price in Australia - 2023
Contents:
- Sparkling Wine Price in Australia (CIF) - 2023
- Sparkling Wine Price in Australia (FOB) - 2023
- Sparkling Wine Imports in Australia
- Sparkling Wine Exports in Australia
Sparkling Wine Price in Australia (CIF) - 2023
In July 2023, the average sparkling wine import price amounted to $15.4 per litre, standing approximately at the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 39% m-o-m. The import price peaked at $17.4 per litre in May 2023; however, from June 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was France ($25.0 per litre), while the price for Portugal ($3.7 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 Portugal (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Sparkling Wine Price in Australia (FOB) - 2023
The average sparkling wine export price stood at $4.2 per litre in July 2023, dropping by -15.2% against the previous month. Over the period under review, the export price saw a slight decline. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 17% m-o-m. The export price peaked at $7.3 per litre in January 2023; however, from February 2023 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Singapore ($8.8 per litre), while the average price for exports to New Zealand ($2.5 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 the UK (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Sparkling Wine Imports in Australia
In 2022, the amount of sparkling wine imported into Australia declined dramatically to 20M litres, with a decrease of -48.5% against the year before. Overall, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. As a result, imports reached the peak of 40M litres, and then dropped dramatically in the following year.
In value terms, sparkling wine imports dropped rapidly to $266M in 2022. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. As a result, imports attained the peak of $550M, and then dropped markedly in the following year.
| Import of Sparkling Wine in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 161 | 148 | 223 | 212 | 9.6% |
| Italy | 32.0 | 30.9 | 38.2 | 41.4 | 9.0% |
| New Zealand | 5.3 | 4.9 | 5.7 | 3.9 | -9.7% |
| Spain | 3.4 | 3.3 | 2.9 | 3.2 | -2.0% |
| Germany | 3.3 | 2.0 | 2.6 | 2.2 | -12.6% |
| Portugal | 0.5 | 1.6 | 1.2 | 1.7 | 50.4% |
| Others | 221 | 192 | 276 | 1.8 | -79.9% |
| Total | 427 | 383 | 550 | 266 | -14.6% |
Top Suppliers of Sparkling Wine to Australia in 2022:
- France (10.2M litres)
- Italy (7.9M litres)
- Germany (0.8M litres)
- Spain (0.6M litres)
- Portugal (0.5M litres)
- New Zealand (0.4M litres)
Sparkling Wine Exports in Australia
In 2022, sparkling wine exports from Australia plummeted to 13M litres, with a decrease of -46% on the previous year's figure. In general, exports faced a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 49%. As a result, the exports attained the peak of 24M litres, and then contracted rapidly in the following year.
In value terms, sparkling wine exports dropped markedly to $62M in 2022. Overall, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 62%. As a result, the exports reached the peak of $116M, and then fell markedly in the following year.
| Export of Sparkling Wine in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 3.4 | 3.8 | 15.3 | 16.6 | 69.6% |
| New Zealand | 7.4 | 6.9 | 12.6 | 11.8 | 16.8% |
| Singapore | 4.4 | 2.3 | 4.5 | 5.4 | 7.1% |
| Japan | 6.2 | 4.5 | 6.9 | 5.2 | -5.7% |
| United Kingdom | 3.7 | 4.1 | 4.3 | 3.2 | -4.7% |
| United States | 2.6 | 1.7 | 3.2 | 2.8 | 2.5% |
| Netherlands | 1.0 | 1.3 | 0.8 | 2.3 | 32.0% |
| United Arab Emirates | 1.3 | 0.3 | 0.4 | 1.4 | 2.5% |
| China | 2.7 | 2.2 | 1.3 | 1.3 | -21.6% |
| Sweden | 1.6 | 1.4 | 0.6 | 0.4 | -37.0% |
| Others | 51.9 | 43.0 | 65.5 | 11.4 | -39.7% |
| Total | 86.1 | 71.5 | 116 | 61.5 | -10.6% |
Top Export Markets for Sparkling Wine from Australia in 2022:
- Canada (3.7M litres)
- New Zealand (2.5M litres)
- Japan (1.0M litres)
- United Kingdom (0.9M litres)
- Singapore (0.7M litres)
- United Arab Emirates (0.7M litres)
- United States (0.6M litres)
- Netherlands (0.3M litres)
- Sweden (0.1M litres)
- China (0.1M litres)
This report provides an in-depth analysis of the sparkling wine market in Australia. 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:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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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Imports of Sparkling Wine reached their highest point in August 2023, totaling 2.4 million litres. However, from September to November of that year, imports struggled to regain momentum. In terms of value, the imports of Sparkling Wine drastically declined to $20 million in November 2023.
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In December 2022, the price of sparkling wine fell to $11.8 per liter (CIF, Australia), a decrease of -14.3% compared to the previous month.
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In May 2023, the price of Wine was $2.2 per litre (FOB, Australia), showing a 3.7% increase compared to the previous month.
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