They probably consider Moët far too cheap and plentiful today, since even poor people can afford Moët. Once the droughts get worse and more regular and Moët production dries up to a trickle, only then will prices reach a level where it can become a truly desirable drink.
I've been wondering about olive oil. The biggest producers are all around the Mediterranean. Olive trees can live in very dry areas, but I'm sure they can't survive fires.
South America is going through a surge in olive oil production, but it will take a long time to reach Spain alone.