FRANCE : Champagne value sales stable in 2012, despite volumes slip - figures
Global Champagne sales in value terms held steady last year, despite a fall in volumes, according to recent figures.
The Comité Interprofessionnel du Vin de Champagne (CIVC) said earlier this week that total sales of Champagne were flat in value terms in 2012 , dipping by 0.7% year-on-year to EUR4.37bn (US$5.88m). Volumes, however slid by 4.4% on 2011, the trade body said.
Global exports showed a 2.8% fall in volumes but were up 3.4% in value. Exports outside of the European Union, meanwhile, rose by 3.2% in volumes, reaching a record level of 61m bottles.
"This was largely driven by growth in shipments to China, Hong Kong, Singapore, South Korea and Australia, Nigeria, South Africa and Mexico," CIVC spokesman Thibaut Le Mailloux told just-drinks.
"But, 2012 remains a good year as 2011 was an exceptional one for volumes," he added.
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