Report Update Nov 1, 2024

Bangladesh - Sparkling Wine - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Sparkling Wine Market 2024

Sparkling Wine Exports

Exports from Bangladesh

In 2022, sparkling wine exports from Bangladesh stood at X litres, therefore, remained relatively stable against the previous year. Overall, exports showed notable growth. The smallest decline of 99.9% was in 2019. Over the period under review, the exports hit record highs at X litres in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, sparkling wine exports totaled $X in 2022. Over the period under review, exports saw a prominent increase. The smallest decline of 99.9% was in 2019. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Ireland (X litres) was the main destination for sparkling wine exports from Bangladesh, with a approx. 100% share of total exports.

From 2014 to 2022, the average annual growth rate of volume to Ireland was relatively modest.

From 2014 to 2022, the average annual rate of growth in terms of value to Ireland was relatively modest.

Export Prices by Country

The average sparkling wine export price stood at $X per litre in 2022, remaining stable against the previous year. In general, the export price enjoyed a strong increase. The pace of growth was the most pronounced in 2019 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Ireland.

From 2014 to 2022, the rate of growth in terms of prices for Togo amounted to 0.0% per year.

Sparkling Wine Imports

Imports into Bangladesh

In 2022, approx. X litres of sparkling wine were imported into Bangladesh; waning by -18.5% compared with the previous year. Over the period under review, imports faced a abrupt downturn. The pace of growth appeared the most rapid in 2019 with an increase of 173%. Over the period under review, imports hit record highs at X litres in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, sparkling wine imports fell notably to $X in 2022. In general, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2019 with an increase of 137%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Australia (X litres) constituted the largest supplier of sparkling wine to Bangladesh, with a 38% share of total imports. Moreover, sparkling wine imports from Australia exceeded the figures recorded by the second-largest supplier, Portugal (X litres), twofold. The third position in this ranking was taken by Spain (X litres), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Australia amounted to -13.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-0.7% per year) and Spain (-6.5% per year).

In value terms, the largest sparkling wine suppliers to Bangladesh were Australia ($X), Portugal ($X) and the United States ($X), with a combined 47% share of total imports. The United Arab Emirates, the UK, Spain, Italy, France, Sri Lanka and South Africa lagged somewhat behind, together comprising a further 34%.

Italy, with a CAGR of +7.9%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average sparkling wine import price amounted to $X per litre, increasing by 4% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% 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 -17.7% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 56%. As a result, import price reached the peak level of $X per litre. From 2019 to 2022, the average import prices remained at a lower figure.

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 the UK ($X per litre), while the price for Spain ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+31.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sparkling wine in the world?

The countries with the highest volumes of sparkling wine consumption in 2021 were the United States, India and the UK, together comprising 44% of global consumption.

What are the largest producers of sparkling wine in the world?

Italy constituted the country with the largest volume of sparkling wine production, accounting for 29% of total volume. Moreover, sparkling wine production in Italy exceeded the figures recorded by the second-largest producer, France, twofold. The third position in this ranking was occupied by India, with a 14% share.

What are the leading suppliers of sparkling wine to Bangladesh?

In value terms, the United States, Portugal and the United Arab Emirates appeared to be the largest sparkling wine suppliers to Bangladesh, with a combined 49% share of total imports. Spain, South Africa, Italy and Poland lagged somewhat behind, together comprising a further 29%.

What is the average export price for sparkling wine in Bangladesh?

In 2018, the average sparkling wine export price amounted to $9.3 per litre, leveling off at the previous year.

What is the average import price for sparkling wine in Bangladesh?

In 2021, the average sparkling wine import price amounted to $9.6 per litre, surging by 3.5% against the previous year.

This report provides an in-depth analysis of the sparkling wine market in Bangladesh. 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:

Bangladesh

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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