Poland: Champagne Market 2024

Champagne Market Size in Poland

The Polish champagne market declined significantly to $X in 2021, dropping by -27.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Champagne Exports

Exports from Poland

In 2021, approx. X tons of champagne were exported from Poland; surging by 797% against the year before. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, champagne exports surged to $X in 2021. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for champagne exports from Poland, accounting for a 89% share of total exports. Moreover, champagne exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), more than tenfold. Denmark (X tons) ranked third in terms of total exports with a 1.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia stood at +181.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+1.3% per year) and Denmark (-20.2% per year).

In value terms, Russia ($X) emerged as the key foreign market for champagne exports from Poland, comprising 84% of total exports. The second position in the ranking was held by Ukraine ($X), with a 5.6% share of total exports. It was followed by Denmark, with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia amounted to +186.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (-2.3% per year) and Denmark (-21.3% per year).

Export Prices by Country

In 2021, the average champagne export price amounted to $X per ton, declining by -43.9% against the previous year. Overall, the export price saw a slight descent. The pace of growth was the most pronounced in 2017 when the average export price increased by 55%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020, and then reduced dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Russia ($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 Russia (+1.5%), while the prices for the other major destinations experienced a decline.

Champagne Imports

Imports into Poland

For the third year in a row, Poland recorded growth in overseas purchases of champagne, which increased by 38% to X tons in 2021. Overall, total imports indicated a measured increase from 2012 to 2021: its volume increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +68.5% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, champagne imports skyrocketed to $X in 2021. In general, imports showed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, France (X tons) constituted the largest champagne supplier to Poland, accounting for a 86% share of total imports. Moreover, champagne imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from France totaled +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.2% per year) and Belgium (+64.9% per year).

In value terms, France ($X) constituted the largest supplier of champagne to Poland, comprising 87% of total imports. The second position in the ranking was taken by Germany ($X), with a 6.9% share of total imports.

From 2012 to 2021, the average annual growth rate of value from France amounted to +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.2% per year) and Belgium (+83.2% per year).

Import Prices by Country

The average champagne import price stood at $X per ton in 2021, increasing by 7.6% against the previous year. In general, import price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +7.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, champagne import price increased by +100.8% against 2013 indices. The most prominent rate of growth was recorded in 2015 an increase of 32%. Over the period under review, average import prices attained the maximum in 2021 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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