Spanish wine exports up in value by nearly 14%

Customs figures republished by the Spanish Wine Federation for the period January to June 2007 show the value of Spanish exports is up 13.8% from a year ago to 681.3 million euros. Volume rose by 15% to 616.3 million liters.

Every wine category but one, was up; from bulk to table wines to D.O. wines to cava, even Sherry saw a modest growth in volume, all rose except for lightly sparkling vinos de aguja.
· Close to +30% in value for bulk wines on +23% growth in volume as traditional markets France and Germany returned to form and Russia purchased just over 60 million liters,
· 15% increase in value paid for the same volume of white D.O. wines, meaning that summer whites are moving upmarket,
· Vinos de aguja fell -30% in value on -60% volume, unable to maintain their surge of the previous spring, however, the value/volume change ratio means that those agujas that are moving, are the pricier ones as the average per liter price is up +66%.

Germany led all export markets and took in 18% of Spanish wine export value and 17% of volume. Major growth markets were Russia at 189% in value; Switzerland, which seems to be spending for higher priced D.O. wines at 34 million euros on 10.5 million liters and the US, which has strong demand for D.O. wines at 52 million euros on 12 million liters.