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Champagne Shipments Fall To Pre-Covid Levels

Figures just released by the Comité Champagne have shown shipments have fallen by 8.2% to total 299 million bottles for 2023, but turnover has remained close to last year’s record.

Read the full article on The Drinks Business website

NAM Implications:
  • Champagne sales volume back to 2019 levels and trends, but at 2023 prices…
  • The key will be consumers’ willingness and ability to take any further price increases (given that 2023 prices vs 2019 prices represent a 23% increase…)