FRANCE: Weak exports drag Champagne down in '09 - figures
Champagne sales fell by 9% to 293.3m bottles in 2009, as a stable performance in France failed to offset weaker demand in export markets, show official figures from trade body Comité Interprofessionnel des Vins de Champagne (CIVC).
Value sales fell 17% for the 12 months, compared to 2008, CIVC said today (8 February).
Around 181m bottles were sold in France, equal to a year ago, but exports to EU countries fell 17.4 % to 70.6m bottles, with the most marked declines in the UK, Italy and Spain.
Exports to the rest of the world slumped by 25.1% to 41.7m bottles. The US and Japan reported significant declines, while Russia, China, India and Brazil did not deliver the growth hoped for.
However, the CIVC said that industry leaders believe the sector is poised for recovery in 2010.
CIVC reported 6% rises in global volume sales in the final two months of 2009.
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