WineAlley - Over the first quarter of 2007, Spanish wine makers set out to conquer the export market

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Over the first quarter of 2007, Spanish wine makers set out to conquer the export market (June 07, 2007)

They are considered to be one of the great rival wine making nations, along with the French and Italians; there is a marked contrast in the performances for this first quarter, but figures confirm that Spanish wines and businesses are competitive in the export market.

Summary

	Changes in wine consumption
	Improvements for Exports

Changes in wine consumption

Summary

Consumption of wine in Spain continued its decline in the first quarter of 2007, despite the rise in wines with a name of origin. This trend is a continuation of the pattern observed in 2006.

Globally, consumption of Spanish wines has fallen by 2.8% compared with the first quarter of 2006, table wines have dropped by 12.4% whilst the concumption of wines with name of origin have skyrocketed (11.7%).

It in the cafés, hotels and restaurants that the fall is most widely identifiable. In other outlets, sales of table wine have stayed stable or even slightly increased. In some distribution outlets, sales of wine of origin and those of sparkling wines are showing progress.

Improvements for Exports

Summary

The export of Spanish wines is in a condition of healthy expansion in value (+15.6%) and also in volume (+15.9%) if you compare the results of the first quarter of 2007 with that of the year before. It is evident that the average price (1.11 euros per litre is in a very slight decline (-0.3%)).

The export of Spanish wines most notably comprises wines of name of origin (12%), certain table wines (11%) as well as sparkling wines (14%). The most profitable markets for Spanish exporters is the USA (29% in volume, 15% in value) and the United Kingdom (14% in volume, 18% in value). There is a meteoric rise in exports of table wines in bulk (+25%) to Russia!

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