Report Update Nov 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Turkey: Sparkling Wine Market 2024

Sparkling Wine Market Size in Turkey

The Turkish sparkling wine market shrank notably to $X in 2022, with a decrease of -17.6% against the previous year. In general, consumption, however, recorded resilient growth. As a result, consumption attained the peak level of $X, and then dropped notably in the following year.

Sparkling Wine Production in Turkey

In value terms, sparkling wine production contracted sharply to $X in 2022 estimated in export price. Overall, production, however, posted a perceptible expansion. The growth pace was the most rapid in 2021 with an increase of 730%. As a result, production reached the peak level of $X, and then declined dramatically in the following year.

Sparkling Wine Exports

Exports from Turkey

In 2022, the amount of sparkling wine exported from Turkey soared to X litres, increasing by 96% on the previous year's figure. In general, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2015 with an increase of 1,117%. As a result, the exports reached the peak of X litres. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sparkling wine exports surged to $X in 2022. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2015 with an increase of 850%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X litres), the UK (X litres) and Cyprus (X litres) were the main destinations of sparkling wine exports from Turkey, together accounting for 64% of total exports. The Netherlands, Belgium and Russia lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +163.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and the Netherlands ($X) were the largest markets for sparkling wine exported from Turkey worldwide, together accounting for 85% of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of +166.3%, recorded 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

In 2022, the average sparkling wine export price amounted to $X per litre, picking up by 15% against the previous year. In general, the export price posted a strong increase. The growth pace was the most rapid in 2017 an increase of 254% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per litre), while the average price for exports to Cyprus ($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 the UK (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.

Sparkling Wine Imports

Imports into Turkey

In 2022, overseas purchases of sparkling wine increased by 118% to X litres, rising for the second consecutive year after two years of decline. In general, imports saw a significant increase. The growth pace was the most rapid in 2015 with an increase of 140%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, sparkling wine imports skyrocketed to $X in 2022. Overall, imports recorded a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 157%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Italy (X litres), France (X litres) and Germany (X litres) were the main suppliers of sparkling wine imports to Turkey, together accounting for 92% of total imports. These countries were followed by Argentina and Spain, which together accounted for a further 7.6%.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of +85.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of sparkling wine to Turkey, comprising 70% of total imports. The second position in the ranking was held by Italy ($X), with a 25% share of total imports. It was followed by Germany, with a 2.7% share.

From 2012 to 2022, the average annual growth rate of value from France stood at +15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+29.7% per year) and Germany (+25.3% per year).

Import Prices by Country

The average sparkling wine import price stood at $X per litre in 2022, dropping by -6.8% against the previous year. In general, the import price showed a noticeable curtailment. The pace of growth appeared the most rapid in 2014 an increase of 32%. As a result, import price reached the peak level of $X per litre. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per litre), while the price for Argentina ($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 (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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 Turkey?

In value terms, France constituted the largest supplier of sparkling wine to Turkey, comprising 72% of total imports. The second position in the ranking was occupied by Italy, with a 24% share of total imports. It was followed by Germany, with a 2.1% share.

What are the leading importers of sparkling wine from Turkey?

In value terms, Germany, the UK and the Netherlands constituted the largest markets for sparkling wine exported from Turkey worldwide, together comprising 88% of total exports.

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

The average sparkling wine export price stood at $14 per litre in 2021, growing by 56% against the previous year.

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

The average sparkling wine import price stood at $14 per litre in 2021, rising by 5.9% against the previous year.

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

Turkey

Data coverage:

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