French Champagne Sales Rise to Record €6 Billion as Exports Surge
- Bottles shipped abroad in 2022 surpass sales on French market
- Covid lockdowns dented industry by shutting down travel
Moet & Chandon champagne
Photographer: Scott McIntyre/BloombergThis article is for subscribers only.
Champagne sales topped €6 billion ($6.5 billion) for the first time last year as exports outside France surged.
Total shipments increased 1.6% to 326 million bottles, according to a statement Wednesday from the Comite Champagne business organization. Exports of the sparkling wine produced in the region east of Paris increased, while sales on the domestic market fell.