W: Mr. White, what changes have you seen in the champagne market in the last ten to fifteen years?
M: Well the biggest change has been the decrease in sales since the great boom years of the 1980s when champagne production and sales reached record levels.
W: Which was the best year?
M: Well the record was in 1989 when 249 million bottles of champagne was sold. (1)______________ Of course since those boom years sales have fallen.
W: Has the market been badly hit by the recession?
M: Oh certainly, the economic problems in champagnes’ export markets that’s Europe, the United States, Japan, and of course the domestic market in France, (2)______________
W: And the other reasons?
M: Another important factor has been price. In the early 90s, champagne was very overpriced, so many people stop buying it. Instead they bought sparkling wines from other countries, in particular from Australia and Spain. (3)______________
W: What was that?
M: There was a lot of rather bad champagne on the market. This meant the popularity of good sparkling wines increased even more. People was surprised by their quality and of course they were a lot cheaper than champagne.
W: Do you think the champagne market will recover in the future?
M: Oh, I’m sure it will. When the economic situation improves, I believe the market will recover.
