The sparkling wine market in Spain has experienced fluctuating trends over the past decade. From 2012 to 2016, there was a general increase in volume, peaking in 2016 at 42.498 million liters. However, this was followed by a significant drop in 2017 and continued fluctuations through 2022. The latest available data for 2022 shows a slight recovery to 35.811 million liters, representing a 4.76% year-on-year increase and a lower five-year CAGR of 0.55%.
Key Trends and Variations (Year-on-Year):
- 2012: -4.88%
- 2013: +0.78%
- 2014: +0.78%
- 2015: +8.37%
- 2016: +1.72%
- 2017: -18.01%
- 2018: -2.44%
- 2019: +4.05%
- 2020: +3.89%
- 2021: -6.97%
- 2022: +4.76%
Future trends to watch for in the sparkling wine market include the impact of economic changes, consumer preferences shifting towards premium products, and the influence of tourism on domestic consumption levels. Additionally, the industry's adaptability to emerging digital marketing strategies and e-commerce platforms will be essential for future growth.
How does Spain rank in Sparkling Wine Market Size Volume?
| # | 11 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 160,520,000 | 2023 | +2.54% | +3.15% | View data |
| 2 | 2 France | 131,380,000 | 2023 | +0.15% | -2.71% | View data |
| 3 | 3 Spain | 36,585,000 | 2023 | -0.51% | +1.48% | |
| 4 | 4 Portugal | 33,829,000 | 2023 | +3.59% | +5.93% | View data |
| 5 | 5 Sweden | 28,879,000 | 2023 | +5.95% | +4.37% | View data |
