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.
- Five ways small brands can beat big players
- Pernod Ricard Q1 2017 results by region, brand
- Interview, Bulldog Gin CEO Anshuman Vohra, Pt II
- Interview, Bulldog Gin founder Anshuman Vohra
- The end is nigh for Global Travel Retail - Comment
- Stumbling UK Pound prompts Conviviality price hike
- Edrington’s The Macallan 40 Year Old - NPD
- Bacardi rolls out new Oakheart rum packs to US
- AB InBev fund ZX Ventures buys homebrew co
- Diageo most at risk to Thai alcohol ban - analyst
- Global gin insights - market forecasts, product innovation and consumer trends
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends
- Global rum insights - market forecasts, product innovation and consumer trends
- Global Wine Market 2016-2020
- Global RTD insights - market forecasts, product innovation and consumer trends