Report Update Nov 1, 2024

Denmark - Champagne - Market Analysis, Forecast, Size, Trends and Insights

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Denmark: Champagne Market 2024

Champagne Market Size in Denmark

In 2021, the Danish champagne market increased by 74% to $X, rising for the fourth year in a row after two years of decline. Over the period under review, consumption recorded a strong expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Champagne Exports

Exports from Denmark

After two years of growth, overseas shipments of champagne decreased by -9.1% to X tons in 2021. In general, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2017 when exports increased by 64%. Over the period under review, the exports hit record highs at X tons in 2020, and then dropped in the following year.

In value terms, champagne exports skyrocketed to $X in 2021. Overall, exports, however, posted buoyant growth. The pace of growth was the most pronounced in 2019 with an increase of 30%. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X tons), France (X tons) and Lithuania (X tons) were the main destinations of champagne exports from Denmark, together comprising 46% of total exports. Switzerland, Italy, Germany, Finland, Estonia, the Netherlands, Norway, Poland and the UK lagged somewhat behind, together comprising a further 44%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +116.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X) remains the key foreign market for champagne exports from Denmark, comprising 34% of total exports. The second position in the ranking was taken by Sweden ($X), with a 14% share of total exports. It was followed by France, with an 8.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Switzerland stood at +97.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+18.9% per year) and France (+24.0% per year).

Export Prices by Country

In 2021, the average champagne export price amounted to $X per ton, rising by 35% against the previous year. Overall, export price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, champagne export price increased by +75.9% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Champagne Imports

Imports into Denmark

For the fifth year in a row, Denmark recorded growth in overseas purchases of champagne, which increased by 44% to X tons in 2021. In general, imports recorded a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, champagne imports surged to $X in 2021. Overall, imports saw a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, France (X tons) constituted the largest supplier of champagne to Denmark, accounting for a 83% share of total imports. Moreover, champagne imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. The third position in this ranking was taken by the Netherlands (X tons), with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France amounted to +9.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.4% per year) and the Netherlands (+30.2% per year).

In value terms, France ($X) constituted the largest supplier of champagne to Denmark, comprising 74% of total imports. The second position in the ranking was taken by Germany ($X), with a 4.6% share of total imports. It was followed by the Netherlands, with a 3.8% share.

From 2012 to 2021, the average annual growth rate of value from France amounted to +11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.7% per year) and the Netherlands (+34.9% per year).

Import Prices by Country

The average champagne import price stood at $X per ton in 2021, increasing by 5.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.4%. The pace of growth was the most pronounced in 2016 an increase of 17%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Sweden ($X per ton) and the Netherlands ($X per ton), while the price for France ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+4.3%), 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 champagne in the world?

The countries with the highest volumes of champagne consumption in 2020 were Belgium, France and Germany, with a combined 91% share of global consumption.

What are the largest producers of champagne in the world?

France constituted the country with the largest volume of champagne production, comprising approx. 100% of total volume.

What are the leading suppliers of champagne to Denmark?

In value terms, France constituted the largest supplier of champagne to Denmark, comprising 74% of total imports. The second position in the ranking was occupied by the Netherlands, with a 4.4% share of total imports. It was followed by Germany, with a 4% share.

What are the leading importers of champagne from Denmark?

In value terms, the largest markets for champagne exported from Denmark were Switzerland, the UK and Sweden, together accounting for 54% of total exports. These countries were followed by France, the Netherlands, Italy, Finland, Estonia and Lithuania, which together accounted for a further 31%.

What is the average export price for champagne in Denmark?

The average champagne export price stood at $54,030 per ton in 2020, jumping by 23% against the previous year.

What is the average import price for champagne in Denmark?

In 2020, the average champagne import price amounted to $31,817 per ton, picking up by 9.4% against the previous year.

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

Denmark

Data coverage:

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