champagne supply (1)

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In the spring of 2021, poor weather conditions led to a significant decrease in the champagne grape harvest. Because most champagne is aged in the bottle for  two to four years, the reduced production in 2020 and 2021 will be felt most acutely in the market in 2023 or 2024. However, prices are already beginning to increase in traditional sales markets of the UK and USA in the light of rising demand, and now future supplies are also looking critical.

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