Why is champagne expensive?

by time news

In France, the average price of a bottle of champagne exceeds 20 euros. This is a sum that is not within everyone’s reach. But there are reasons for this price. First, champagne is complicated to make. But other lesser-known factors drive up the bottle price. Like, for example, an agreement between producers for a higher purchase price for grapes.

For their part, supermarkets are slashing the prices of this exceptional product. This practice also worries the champagne sector. Indeed, with champagne at a low price, there is the risk of tarnishing the image of a drink associated with luxury and celebration.

Sources :

Champagne Committee: The key figures of champagne

Association of Champagne Winegrowers

L’Union : the price of grapes in 2018

Economic analysis of the grape market in Champagne

La Champagne de Sophie Claeys, reference blog on champagne and its economy

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