Spanish wine exports continue positive upward trend throughout ...

From wwww.winesfromspain.com

Spanish wine exports continue positive upward trend throughout 2010

Exports up 14.8 percent by volume and 6.3 percent by value in comparison to first seven months of 2009

10/06/2010

Spanish wine exports up in January-July 2010, 14.8 percent by volume and 6.3 percent by value / © ICEX

According to figures published by the Spanish Wine Market Supervisory Board (OeMv), Spanish wine exports have continued their positive upward trend in the first six months of 2010 increasing 14.8 percent by volume, representing 955.9 million litres, and 6.3 percent by value, reaching €1 billion, in comparison to figures from the same period in 2009. This trend has been marked throughout the whole year by the boost in non-DO bottled wines, with an increase of 65 percent by value and 69 percent by volume.

As regards DO bottled wines, the latest export figures continue to show a slight fall of 5 percent by value and 6.5 percent by volume. A decrease with is primarily due to the sharp fall in DO white wine sales, down 30 percent by value on the 2009 figures, which have been replaced by an increase in non-DO bottled white wine sales, up 131 percent by value from January-July 2010, in comparison to the year before. In addition, sparkling wine also registered negative results, with a fall of 5.4 percent by volume and 2 percent by value in the same period.

Results by country show that Spanish wine exports to the US continue to rise, increasing 9.4 percent by value and 13 percent by volume over the January-July figures from 2009. Germany remains the number one country for Spanish wine exports by value, up by 3.3 percent, while France is first on the list by volume owing, above all, to non-DO bulk wines, which represent around 75 percent of the total wine exported to France. In addition, China continues to register an important increase as a prime destination for Spanish wine exports, showing a rise in figures from January-July 2010 of 162.2 percent by value and 406.3 percent by volume.

In summary, Spanish wine exports continue to register a positive upward trend throughout 2010. The increase is primarily due to the high export sales figures of non-DO bottled wines despite the fall suffered by DO bottled white and sparkling wines.

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Jake Nieminen