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Sunday, 26 January 2025 - 07:15

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Somber consumers drank less champagne last year

Sales of champagne in the Netherlands saw a notable decline in 2024, with a 9.2 percent drop in the number of bottles sold, according to the Comité Champagne, the French trade association representing champagne producers. The decline is attributed to political and economic uncertainty, with Dutch consumers showing less interest in purchasing luxury goods like champagne in the face of inflation and global instability, NOS reports.

The drop in champagne sales in the Netherlands mirrors broader trends observed across Europe. As consumer confidence waned, especially in key markets like the Netherlands, sales figures for champagne plummeted. In the first half of 2024, Dutch champagne purchases had already fallen by more than 15 percent, prompting producers to call for a reduction in grape harvests. By the end of the year, sales had reached only 271 million bottles globally, with the Netherlands contributing to the downward trend.

"Champagne is a barometer for the mood of consumers," said Toubart, co-president of the Comité Champagne, in a statement. He emphasized that inflation, global conflicts, economic uncertainty, and political stalemate left many Dutch consumers with fewer reasons to celebrate or indulge in premium goods.

In the Netherlands, a nation known for its fine wines and spirits, consumers are increasingly cutting back on luxury items like champagne. The country's market saw a substantial dip, in line with the broader European slump, although exact figures for the Dutch market were not immediately available. Economic concerns, coupled with inflation, have made consumers more cautious, opting for more affordable alternatives.

As champagne consumption declines, Dutch consumers are turning to cheaper options, notably prosecco, which is gaining popularity as an affordable sparkling wine alternative. Prosecco’s lower price point has made it increasingly attractive, further contributing to the decline in champagne sales.

This shift in consumer habits reflects a broader trend across the Netherlands and Europe, where wine consumption has been decreasing steadily. Dutch residents, like their French counterparts, are drinking less wine overall, a change from previous decades when wine was a staple of Dutch social life.

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