Dec 31, 2021 - Economy & Business
Sparkling wine exports from EU fall for first time in decade
The European Union's exports of sparkling wine fell 6% between 2019 and 2020, the first such decrease in a decade, according to Eurostat data.
Driving the news: The decrease was largely due to the COVID-19 pandemic which forced bars and restaurants to close.
Details: A drop in Champagne exports contributed the most to the decline. The exports of the famed French sparking wine fell 20%, Reuters noted.
- The top sparkling wine export, Prosecco, fell slightly from 207 million liters in 2019 to 205 million in 2020.
- Exports of the Spanish sparkling wine, Cava, increased by 10%.