Last year saw the greatest consumption of Champagne ever, according to the Champagne trade body the CIVC.
Over 300m bottles left the cellar doors of Champagne houses last year, a figure only bettered in 1999 when 327m bottles were sold.
'But that does not necessarily mean 1999 saw the highest level of consumption,' says Daniel Lorson, head of the CIVC
He points out that retailers and the on-trade had spectacularly overestimated their needs for the celebrations, leaving huge surplus stocks.
'We're currently in the situation where stock levels are normal, so you could say that the world has consumed the 300m bottles and that 2004 is the best year for Champagne consumption ever,' said Lorson.
Year on year sales for Champagne were up by 2.4% in 2004 with the main markets, the UK, US and Germany, continuing to grow.
France's wine exports recorded an ever-continuing downward trend over 2004. The country's wine sector recorded a 9.2% drop in sales year on year. Bordeaux in particular posted a huge 22.3% drop.
According to the FEVS (France's wine and spirits export federation) the predicament of AOC wines is worrying with an 8.6% drop in volume and an 11.9% drop in value.
The less prestigious Vin de Pays wines, however, did well, showing growth of around 5% in both volume and value last year. As with the strong performance of Champagne, this was not enough to buck the trend.
Register on decanter.com absolutely free for news alerts delivered direct to your email inbox, and our fortnightly newsletter with advance notice of what’s coming up in Decanter magazine, offers, competitions and more.
PLUS registration is a one-stop shop for the Decanter magazine Archive and Decanter Fine Wine Tracker.
