In 2024, Champagne shipments experienced a significant decline of 9.2%, totaling 271 million bottles (22.5 million cases) worldwide, according to the Comité Champagne. Both the domestic and export markets saw decreases, with exports falling by 11% to 153 million bottles (12.8 million cases) and shipments to the French domestic market dipping by 7% to 118 million bottles (9.8 million cases).

The co-presidents of Comité Champagne, Maxime Toubart and David Chatillon, attributed these challenges to various factors such as inflation, global conflicts, economic uncertainty, and a cautious political climate in key Champagne markets like France and the United States. Despite these obstacles, Chatillon expressed confidence in Champagne as a resilient and sustainable industry that has weathered adversity in the past.

To stay informed on industry updates and trends, readers are encouraged to subscribe to Shanken News Daily’s Email Newsletter, which delivers daily news straight to their inbox. Additionally, readers can access the latest projections for the wine and spirits industries in 2024 by ordering the Impact Databank reports, providing valuable insights into market trends and forecasts.

For more information on the Comité Champagne and related topics, readers can explore the tagged content on Shanken News Daily’s website. Stay ahead of the curve by ordering the 2024 Impact Databank reports and gaining a comprehensive understanding of the wine and spirits market landscape.

Overall, the decline in Champagne shipments in 2024 serves as a reminder of the industry’s resilience in the face of challenges and uncertainties. By staying informed and proactive, industry professionals can navigate market fluctuations and position themselves for success in the evolving landscape of the wine and spirits sector.