Key Market Indicators
Exports of Spanish alcoholic drinks are projected to jump from $5.46 billion in 2021 to $6.05 billion by 2026, growing at an average annual rate of 1.7%. Since 1994, Spanish supply has increased by an average of 4.8% on an annual basis. Imports of Spanish beverages are expected to hit $2.31 billion in 2026 from $2.24 billion in 2021, a year-on-year growth rate of 0.5%. Since 1994, Spanish demand has grown by 1.4% annually. In 2021, the country ranked 13th, with Italy in the lead at $2.24 billion. The United Kingdom, Germany and China followed, in that order, at 2nd, 3rd and 4th place. Sales of Spanish beverages are forecast to rise to $28.56 billion in 2026 from $28.13 billion in 2021, an average yearly growth rate of 0.3%. Since 1995, the Spanish market has gone up by 1.4% annually. In 2021, the country ranked 14th, with Canada at the top with $28.13 billion. Japan, Germany and the United Kingdom came in at 2nd, 3rd and 4th place, respectively.