2025-01-19 17:55:08
Business
Economy
Markets

Declining Sales Amid Economic Uncertainty

Image used under license from Shutterstock.com

In 2024, Champagne sales experienced a notable decline of 9.2%, totaling 271.4 million bottles. The domestic market in France saw a reduction of 7.2%, while exports fell by 10.8%.

Despite comprising 56.4% of total sales, the export sector struggled significantly. Maxime Toubart, Vice-President of Comité Champagne, attributed this downturn to economic uncertainty, inflation, and global political tensions.

The changing consumer landscape, with a growing preference for more affordable alternatives, further exacerbates the issue. The Champagne region, covering 34,000 hectares, remains strictly regulated regarding grape processing and harvesting methods.

As demand wanes, industry stakeholders are urged to innovate and explore new markets to revive interest in this luxurious beverage.

tz
19. Januar 2025 um 11:53

Champagne Sales Decline Significantly

Economy
Finance
Champagne sales in 2024 fell by 9.2% to 271.4 million bottles (2023: 299 million). Sales in France were 118.2 million bottles (-7.2%), exports 153.2 million bottles (-10.8%). Exports accounted for 56.4% of the total volume. Champagne Association Comité Champagne, Vice-President Maxime Toubart: Economic uncertainty is weighing on consumer sentiment. Vineyard area 34,000 hectares in Champagne, grape processing is strictly regulated.
The Guardian
19. Januar 2025 um 13:08

Champagne makers say sales losing fizz amid global gloom and changing habits

Economy
Politics
Finance
Environment
Champagne sales plummeted 9.2% in 2022 to 271.4m bottles as economic uncertainty, political upheaval in France with new PM François Bayrou, and shifting consumer preferences for affordable alternatives dampen demand for luxury bubbly. Industry must adapt by conquering new markets and consumers.
zeit
19. Januar 2025 um 11:52

Consumer Slump: Champagne Sales Decline Significantly

Economy
Politics
Champagne sales in 2024 have declined significantly; Decline in France and exports; Economic uncertainty burdens the industry.
gmx
19. Januar 2025 um 11:54

Champagner-Absatz sinkt deutlich

Wirtschaft
Finanzen
Politik
Champagner-Absatz 2024: 271,4 Mio. Flaschen (-9,2%); Inlandsmarkt 118,2 Mio. Flaschen (-7,2%); Export 153,2 Mio. Flaschen (-10,8%); Anteil Exporte 56,4% der Gesamtmenge; Verband Comité Champagne: Champagner Barometer für Verbraucherstimmung, Zeiten nicht rosig wegen Inflation, Konflikten, Unsicherheit; Anbaufläche 34.000 Hektar nordöstlich von Paris, Traubenverarbeitung streng reglementiert, Trauben nur per Hand geerntet; Sitz des Verbands in Épernay.
CW

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