The production of sparkling wine from fresh grapes in Spain shows a fluctuating trend from 2013 to 2023. In 2023, the production volume stood at 214.15 million liters. The year-on-year variation highlights periods of both growth and decline, with notable dips in 2014, 2016, and 2020. However, production improved with a 1.29% increase in 2023. The compound annual growth rate (CAGR) reflects a modest 0.22% average yearly change over the last five years. Forecasts indicate a consistent upward trend, projecting an average annual future growth of 0.95%, leading to a production volume of 227.36 million liters by 2028.
Future trends to watch for:
- Potential impacts of climate change on grape harvests and wine quality.
- Changing consumer preferences towards sparkling wines.
- Innovation in production techniques and sustainability practices.
- Global economic fluctuations and their effects on export demand.
