Spain invoices € 248 million more for its wine exports, until September

Published Nov 26, 2021

Tridge summary

September 2021 marked the best September on record for Spanish wine exports in both value and volume, with a 12.5% increase in value and 19.6% increase in volume compared to the previous year, totaling 260.1 million euros and 197.4 million liters. The first nine months of 2021 saw a 13.3% increase in value and 20.2% increase in volume year-over-year, with overall growth in most product categories, including a notable 43% increase in liquor wine value and volume. Sparkling wines experienced a significant revaluation, with a 21.6% increase in turnover, despite a 4.6% decrease in bottle sales. Bulk wines, on the other hand, saw a 31% increase in volume but only an 8% increase in value, with a falling average price. Must exports also saw strong growth of 30% in value and 26% in volume. Both bottled and bulk wines have experienced growth over the past twelve months, with packaged wines growing more in value and bulk wines growing more in volume.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The month of September 2021 was, according to the Spanish Observatory of the Wine Market, the best September in the historical series in terms of value, and the fifth best September in terms of volume. It registered growth of + 12.5% in value and 19.6% in volume, to 260.1 million euros and 197.4 million liters. In absolute terms, 32.4 million more liters were exported and 28.9 million euros more were billed than in September 2020. These positive data, together with those registered in previous months, increase the growth of our foreign sales of wine, in the first nine months of 2021, 13.3% in value, up to 2,104.7 million euros and + 20.2% in volume, up to 1,748.7 million liters. In other words, in these first three quarters of 2021, Spain has exported an additional 293.6 million liters, billing an additional 247.6 million euros. By products, in these first nine months of 2021, almost all registered positive evolution. In terms of value, only the turnover of wines with PGI in bulk ...

Source: Castilla