Sparkling wine sales continue to climb
It seems almost every year we are talking about another annual increase in sparkling wine sales. This year has been no exception with another 9% growth in sparkling wines in the 2016/2017 year according to accountancy group UHY Hacker and Young. Sales rose to 156 million litres in the UK. A rise of nearly 13 million litres! This is part of a steady rise in sparkling wine sales since 2012 with sales now 76% higher over the last five years.
It’s not all Champagne though. The UK, is the leading import market for Prosecco accounting for around ¾ of European exports. Prosecco also over took Champagne as more important to the UK market in terms of value and volume back in 2015. Since then sales of Champagne in the UK (their largest export market) have continued to slide.