Chart of the Day

Chart of the Day: Champagne sales, fizz or flat?

Izzy Best, CNBC News Associate

With the holidays and New Year's quickly approaching, 'tis the season to toast with bubbles that don't burst.

The country with the highest growth for uncorking bottles of bubbly is Japan. Japan has increased champagne imports by 21 percent since 2010 from 7.5 million bottles to 9 million. According to IWSR research, the taste for sparkling wines and champagne in Japan is attributed to its female consumers.

(Read more: Will cheap rivals steal champagne's fizz?)

In contrast, Europeans are struggling to find good reasons to crack open the bubbly. The British market, the world's biggest importer of champagne, has dropped by nine percent since 2010.

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