FRANCE: Champagne volumes up in 2011
Global Champagne volumes up in 2011 - CIVC
Champagne are expected to have risen by 3% in volume terms in 2011, according to preliminary figures from the Comite Interprofessionel des Vins de Champagne (CIVC).
Sales are estimated to have reached 330m bottles for the 12 months to the end of December, the trade body said today (3 January). If proved correct, the total would be 3% higher than in 2010, but below the 339m bottles sold in 2007, the last full year prior to the global economic crisis.
The rise shows that global Champagne sales have continued to regain momentum. CIVC forecasts released prior to last year's harvest provided for a 2% rise in global volume sales annually over the next three years.
Full sales figures for 2011 will not be released until later this year. Pricing has been a major challenge for the industry, despite the recovery in volumes, and progress on value sales will be key to judging the sector's overall performance in the last 12 months.
- Most Valuable Spirits Brands in 2017 - The facts
- Most Valuable Beer Brands in 2017 - The facts
- Diageo Africa president O'Keeffe on beer & spirits
- Travel Retail needs a disruptor - Comment
- What the future looks like for Australian wine
- Diageo ready to lock horns with AB InBev in Africa
- Heineken sees Tesco pull SKUs in UK
- Fever-Tree eyes bumper NPD, pack formats for 2017
- Coca-Cola Co announces senior executive shake-up
- Heineken mulls M&A with $1.75bn notes issue
- Central and East Europe Report Package
- Global vodka insights - market forecasts, product innovation and consumer trends
- Battle of the Generations - The fight for iGen, Millennial, Gen X and Baby Boomer consumers
- Global Scotch insights - market forecasts, product innovation and consumer trends
- Spirit Market in the Top 5 European Countries to 2021 - Market Size, Development, and Forecasts