Estonia - Champagne - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChampagne Price in Estonia - 2023
Contents:
- Champagne Price in Estonia (CIF) - 2023
- Champagne Price in Estonia (FOB) - 2023
- Champagne Imports in Estonia
- Champagne Exports in Estonia
Champagne Price in Estonia (CIF) - 2023
In September 2023, the average champagne import price amounted to $41.0 per litre, with a decrease of -10.5% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 21% against the previous month. Over the period under review, average import prices attained the maximum at $45.8 per litre in August 2023, and then declined in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Finland ($64.1 per litre), while the price for Lithuania ($24.6 per litre) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Finland (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Champagne Price in Estonia (FOB) - 2023
In September 2023, the average champagne export price amounted to $42.6 per litre, therefore, remained relatively stable against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 14% against the previous month. Over the period under review, the average export prices attained the peak figure at $43.6 per litre in June 2023; however, from July 2023 to September 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In September 2023, the country with the highest price was Lithuania ($43.9 per litre), while the average price for exports to Latvia ($37.4 per litre) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.
Champagne Imports in Estonia
In 2022, the amount of champagne imported into Estonia was estimated at 376K litres, increasing by 9.2% compared with the previous year's figure. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, champagne imports totaled $13M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 40% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Champagne in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 7.7 | 7.5 | 10.2 | 11.1 | 13.0% |
| Finland | 0.9 | 0.4 | 1.0 | 0.8 | -3.9% |
| Denmark | 1.1 | 0.6 | 0.8 | 0.7 | -14.0% |
| Latvia | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Others | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Total | 9.9 | 8.8 | 12.4 | 13.2 | 10.1% |
Top Suppliers of Champagne to Estonia in 2022:
- France (317.6K litres)
- Finland (23.8K litres)
- Denmark (17.1K litres)
- Latvia (6.9K litres)
Champagne Exports in Estonia
In 2022, champagne exports from Estonia totaled 150K litres, increasing by 14% compared with 2021 figures. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 26%. Over the period under review, the exports attained the maximum at 150K litres in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, champagne exports totaled $5.6M in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 31% against the previous year. Over the period under review, the exports hit record highs at $5.6M in 2019; afterwards, it flattened through to 2022.
| Export of Champagne in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 1.7 | 1.8 | 2.3 | 2.3 | 10.6% |
| Finland | 1.7 | 0.8 | 1.3 | 1.5 | -4.1% |
| Latvia | 1.8 | 1.5 | 1.5 | 1.5 | -5.9% |
| Sweden | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.2 | N/A | 0.1 | 0.2 | 0.0% |
| Total | 5.6 | 4.2 | 5.4 | 5.6 | 0.0% |
Top Export Markets for Champagne from Estonia in 2022:
- Lithuania (60.9K litres)
- Finland (42.8K litres)
- Latvia (40.7K litres)
- Sweden (2.3K litres)
This report provides an in-depth analysis of the champagne market in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 11021130 - Champagne (important: excluding alcohol duty)
Country coverage:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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