Champagne Value Soars In States

Total champagne shipments in 2015 were up 2% on 2014 to 312.5m/bottles, the highest volume figure recorded since 2011, according to the CIVC (Comite Interprofessionnel du vin de Champagne). The most impressive growth in value comes from the US where shipments rose by 7.09% to 20.5m/bottles - valued at around 514.8m/Euros - up 28%. This puts the US ahead of the UK as the most valuable export market, even though around 13m fewer bottles of champagne were shipped there. The UK remains the largest single export market in terms of volume, at 34.15m/bottles with a value of 512.2m/Euros. Shipments to the French domestic market were broadly stable, but since 2011 they have declined by around 20m bottles. Shipments to other EU countries were up 3.3% to just over 80m/bottles, again the highest since 2011 but not back to 2007 levels of nearly 91.5m/bottles.

Author
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Journal Title
Drinks International May 2016 7
Sector
News Items
Class
N 3595

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Champagne Value Soars In States
Drinks International May 2016 7
N 3595
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