Germany: Sparkling Wine Market 2024

Sparkling Wine Market Size in Germany

The German sparkling wine market contracted dramatically to $X in 2022, dropping by -25.1% against the previous year. Over the period under review, consumption recorded a perceptible slump. Sparkling wine consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Sparkling Wine Production in Germany

In value terms, sparkling wine production reduced notably to $X in 2022 estimated in export price. In general, production saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by 116% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Sparkling Wine Exports

Exports from Germany

In 2022, overseas shipments of sparkling wine increased by 1.3% to X litres, rising for the second consecutive year after two years of decline. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 24%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, sparkling wine exports stood at $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Austria (X litres), the Czech Republic (X litres) and France (X litres) were the main destinations of sparkling wine exports from Germany, with a combined 49% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +23.2%), while the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), the Czech Republic ($X) and France ($X) were the largest markets for sparkling wine exported from Germany worldwide, together accounting for 26% of total exports.

Among the main countries of destination, the Czech Republic, with a CAGR of +19.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sparkling wine export price stood at $X per litre in 2022, approximately mirroring the previous year. In general, the export price, however, recorded a mild decrease. The pace of growth was the most pronounced in 2021 when the average export price increased by 12% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per litre in 2013; however, from 2014 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 Belgium ($X per litre), while the average price for exports to the Czech Republic ($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 Belgium (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Sparkling Wine Imports

Imports into Germany

Sparkling wine imports into Germany dropped to X litres in 2022, which is down by -6.9% compared with the previous year. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 19%. Imports peaked at X litres in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, sparkling wine imports declined to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

Italy (X litres), France (X litres) and Spain (X litres) were the main suppliers of sparkling wine imports to Germany, together accounting for 98% of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +2.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, France ($X) constituted the largest supplier of sparkling wine to Germany, comprising 66% of total imports. The second position in the ranking was held by Italy ($X), with a 24% share of total imports.

From 2012 to 2022, the average annual growth rate of value from France amounted to +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+0.7% per year) and Spain (-7.9% per year).

Import Prices by Country

In 2022, the average sparkling wine import price amounted to $X per litre, approximately mirroring the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 15%. As a result, import price attained the peak level of $X per litre. From 2015 to 2022, the average import prices failed to regain momentum.

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 Italy (+0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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