Forecast: Grapes Harvested Production in Spain

The harvested production of grapes in Spain experienced notable fluctuations from 2013 to 2023, reaching 6.08 million metric tons in 2023. Notable year-on-year variations included significant increases in years like 2013 (34.37%) and 2020 (18.66%), contrasted by declines in years such as 2014 (-16.82%) and 2019 (-17.73%). The compound annual growth rate (CAGR) over the last five years stood at a modest -0.03%, indicating minimal overall change in grape production. Looking ahead to the forecasted years from 2024 to 2028, production is expected to stabilize around 6.07 million metric tons annually. Future trends to watch for include impacts of climate change on grape yield, advancements in agricultural technologies, and potential shifts in market demand for grapes and wine production. The consistency in the forecast suggests a stabilizing market, but underlying factors may cause deviations beyond 2028.

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