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Spain registers a billing record in wine exports until June

Date: October 2, 2023 Time: 06:54:02

The turnover of Spanish wine exports grew by 1.3% in the first six months of 2023 compared to the same period of the previous year, up to 1,453.4 million euros, which represents the best first semester of the historical series. This is clear from the latest report from the Spanish Wine Market Observatory (OEMV), which, however, includes a 0.3% decrease in the volume of exports in this period, which remains at 1,018.2 million liters.

Last June was slightly worse compared to the same month of June 2022, with falls of 1.6% in value and 0.9% in volume, with exports standing at 270.1 million euros and 188.9 million of liters The interannual data (mobile year), to June 2023, show a 2.1% rise in export billing, up to 2,998.3 million euros, and a 3.8% drop in volume , which remains at 2,086 million liters.

In terms of value, although the evolution is positive, turnover once again fell below 3,000 million euros in a year-on-year comparison, after having been above it for three months in a row, from March to May of this year. In volume, the evolution continues to be negative and represents shipments of 83.4 million liters less, although it is smoothing out month by month. The figures for the first months of the campaign (from August 2022 to June 2023) show an increase in sales in value of 2.1% and a drop in volume of -2.5%, standing at 2,733.5 millions of euros. , on the one hand, and in the

Sales by segments

Foreign sales of bottled wines increased by 1.9% in value in the year-on-year comparison, reaching 2,479.4 million euros and lost -1.1% in volume, up to 943.1 million liters, increasing its average price by 3%, up to 2.63 euros per liter. In other words, 10.3 million liters less bottled wine were exported, but 46 million euros more were invoiced for its exports.

Bulk wines, for their part, grew 3% in value, to 518.9 million euros (+15.3 million) and lost 6% in volume, to 11.4 million hectoliters (-731,346 hectoliters) in year-on-year comparison.

Product type port

By product, in terms of value, it was packaged wines with a Protected Designation of Origin (PDO), with a loss of 15 million euros, and bulk wines (-8.8 million euros), which presented the worst evolution in this first half of the year.

Its fall was offset by the increase in bottled wines without PDO, whose turnover increased by 24.1 million euros, of wines in “Bag in box” (BiB), with 8.2 million euros more, from sparkling wines (+5.5 million) and liqueur wines (+4.2 million).

In terms of volume, however, the fall in wine with PDO (-9.65 million liters), bulk wine (-5.5 million liters) and semi-sparkling wine (-3.8 million), it is not compensated by the good progress of the rest of the products.

Exports by markets

By markets, the United States remains the first destination in value, even registering a 2% drop in the first half of 2023, to 129.7 million euros. They are closely followed by the United Kingdom, with 127.2 million euros and an increase of 14%, and Germany, in third position, which grew by a slight 0.2%, to 91.3 million euros.

In terms of volume, the United Kingdom surpassed Germany and Portugal, and became the first destination for Spanish bottled wine, with 42.5 million liters and an increase of 14%. It is closely followed by Portugal, with 42.1 million liters (+10%), and Germany, in third position, which registered an increase of 1.4%, to 40.3 million liters.

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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