Champagne sales

PARIS: Champagne sales are set for a record year, driven by solid demand from export markets, favourable currencies and stabilising sales in France, the fizzy drink’s home market. Industry estimates showed that about 312 million bottles of the prestige sparkling wine will have been dispatched in 2015, a rise of between two and three per cent from 2014. Revenue has risen 4.4 per cent to 4.7 billion euros in 2015. In 2007, the record year so far, revenues reached 4.56 billion euros, before the global economic and financial crisis began weighing on the market a year later. The 2015 sales estimates reflected efforts to promote higher-priced products such as special blends and fine vintages, as well as growing demand for Rose Champagnes in Japan and the United States, Champagne’s second export market after UK.