Spain Wine Industry Outlook 2022 - 2026

Key Market Indicators

Revenue from Spanish wine is expected to reach €8.5 billion by 2026, up 1.2% year on year on average. Since 2013, the market has grown 2.8% year on year. Spain was the third-largest market in 2021, with Italy overtaking it at €7.8 billion. Italy, Spain and Germany were numbers two, three and four in this ranking, respectively. Consumption of Spanish wine is set to reach 1.1 million metric tons by 2026, growing at a 0.5% year on year average rate. Since 2017, demand has declined by 2% year on year. Spain ranked sixth in 2021, with Germany ahead at 1.1 million metric tons. France, the United States and Italy were numbers two, three and four in this ranking, respectively. Production of Spanish wine is set to reach 4.3 million metric tons by 2026, up 0.6% year on year on average. Since 1966, supply has increased 0.7% year on year. Spain was the third-largest producer in 2021, with France overtaking it at 4.1 million metric tons. France, Spain and the United States were numbers two, three and four in this ranking, respectively.

Spain Wine Market Data and Forecasts

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