Report Update Nov 1, 2024

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

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Belgium: Sparkling Wine Market 2024

Sparkling Wine Exports

Exports from Belgium

In 2022, after five years of growth, there was significant decline in overseas shipments of sparkling wine, when their volume decreased by -39.4% to X litres. Overall, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 255%. As a result, the exports attained the peak of X litres, and then shrank dramatically in the following year.

In value terms, sparkling wine exports reduced markedly to $X in 2022. In general, exports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2021 when exports increased by 285% against the previous year. As a result, the exports reached the peak of $X, and then declined significantly in the following year.

Exports by Country

The UK (X litres) was the main destination for sparkling wine exports from Belgium, accounting for a 68% share of total exports. Moreover, sparkling wine exports to the UK exceeded the volume sent to the second major destination, Luxembourg (X litres), sevenfold. The third position in this ranking was held by the Netherlands (X litres), with a 7.2% share.

From 2012 to 2022, the average annual growth rate of volume to the UK totaled +79.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Luxembourg (+5.8% per year) and the Netherlands (+2.5% per year).

In value terms, the UK ($X) remains the key foreign market for sparkling wine exports from Belgium, comprising 57% of total exports. The second position in the ranking was taken by Luxembourg ($X), with an 18% share of total exports. It was followed by the Netherlands, with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK amounted to +64.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Luxembourg (+8.7% per year) and the Netherlands (-1.5% per year).

Export Prices by Country

The average sparkling wine export price stood at $X per litre in 2022, waning by -17.7% against the previous year. In general, the export price saw a noticeable contraction. The growth pace was the most rapid in 2013 when the average export price increased by 23%. Over the period under review, the average export prices attained the peak figure at $X per litre in 2014; however, from 2015 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 France ($X per litre), while the average price for exports to Cyprus ($X 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 France (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sparkling Wine Imports

Imports into Belgium

In 2022, approx. X litres of sparkling wine were imported into Belgium; waning by -37.6% against the previous year's figure. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 67% against the previous year. As a result, imports attained the peak of X litres, and then fell remarkably in the following year.

In value terms, sparkling wine imports shrank remarkably to $X in 2022. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 44% against the previous year. As a result, imports attained the peak of $X, and then shrank significantly in the following year.

Imports by Country

Spain (X litres), France (X litres) and Italy (X litres) were the main suppliers of sparkling wine imports to Belgium, with a combined 92% share of total imports. The Netherlands, Germany, Luxembourg and the UK lagged somewhat behind, together accounting for a further 7.8%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +19.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of sparkling wine to Belgium, comprising 63% of total imports. The second position in the ranking was taken by Spain ($X), with an 18% share of total imports. It was followed by Italy, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-0.6% per year) and Italy (+2.1% per year).

Import Prices by Country

In 2022, the average sparkling wine import price amounted to $X per litre, surging by 20% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 41%. Over the period under review, average import prices reached the peak figure at $X per litre in 2014; however, from 2015 to 2022, 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 France ($X per litre), while the price for Spain ($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 (+12.0%), 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 accounting for 44% of global consumption.

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

Italy remains the largest sparkling wine producing country worldwide, 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 Belgium?

In value terms, France constituted the largest supplier of sparkling wine to Belgium, comprising 56% of total imports. The second position in the ranking was occupied by Italy, with a 21% share of total imports. It was followed by Spain, with a 16% share.

What are the leading importers of sparkling wine from Belgium?

In value terms, the UK emerged as the key foreign market for sparkling wine exports from Belgium, comprising 69% of total exports. The second position in the ranking was occupied by the Netherlands, with a 9.4% share of total exports.

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

In 2021, the average sparkling wine export price amounted to $6.5 per litre, falling by -40.7% against the previous year.

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

In 2021, the average sparkling wine import price amounted to $5.6 per litre, waning by -19.2% against the previous year.

This report provides an in-depth analysis of the sparkling wine 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)
Prodcom 11021190 - Sparkling wine from fresh grapes (excluding champagne, a lcohol 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.

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