In 2023, the harvested area for grapes for wine in Spain stood at 898.34 thousand hectares. As we progress through the forecasted years, the harvested area is expected to decrease steadily.
- From 2024 to 2025, the area is forecasted to decline by 0.75%.
- From 2025 to 2026, the decline is projected at 0.72%.
- From 2026 to 2027, a decrease of 0.69% is anticipated.
- From 2027 to 2028, the area is forecasted to reduce by 0.67%.
- Overall, the Compound Annual Growth Rate (CAGR) from 2024 to 2028 is expected to be around -0.70%.
Future trends to watch for include potential impacts of climate change on viticulture, technological advancements in agriculture, and shifts in regulatory policies around vineyard management. These factors could influence both the quality and quantity of grape production, requiring close monitoring.