Spanish wine exports continue strong growth

Today the Spanish Wine Federation (FEV) released export data for January through July 2007 vs. 2006 which shows very positive growth nearly in every area.

Total value of wine exports rose by 11.8% to 975.6 million euros and volume rose by 8%. The leading growth segment was that of bulk white table wines (up 48% in value and 41% in volume), followed by Cava (up 26.7% in value and 21.8% in volume). . The only drop was seen in vinos de aguja (slightly sparkling wines) down by 25.3% in value and 52.9% in volume (the positive aspect for exporters in this sector was that the average price rose by 58.7%).

All told exports of bottled still wines rose by 8% in value to 597 million euros with the majority of these (76%) being in the combined red and rosado category. Bulk wines also grew by 17% to 165.5 million euros and by 10% in volume to 450.7 million liters.

In terms of destination markets, the overall value and volume leader continues to be Germany at nearly 17% all exports in both value and volume (162 million euros and 144.4 million liters). The UK, however, rose to be the leading market for D.O. wines at 95.8 million euros worth of wine (on 40 million liters). Russia continued to show the greatest growth at 117% in value to 37.2 million euros and up 115.5% in volume to 97.8 million liters, of which 88% is bulk table wine. Total exports of spanish wine to the US rose by 22.7% in value to 118.5 million and by 37% in volume to 36.1 million liters, with categories more evenly spread. In terms of volume, the largest category shipped to the US were D.O. wines at 46% of shipment volume.

The top ten leading markets, which accounted for roughly 73% of all exports in value terms, were:

1. Germany
2. UK
3. USA
4. France
5. Switzerland
6. Holland
7. Russia
8. Sweden
9. Belgium
10. Canada