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News
Spanish Wine Exports Remain Static
The Spanish Wine Federation has reported that wine exports from Spain for the first nine months of this year have remained static.
The Spanish Wine Federation (FEV) has reported that wine exports from Spain for the first nine months of this year have remained static.
Exports for the period were up by 0.5% on the corresponding period in 2004, reaching E1.1bn. Exports have in fact dropped in volume terms, down by 4.5% to 1.06bn litres. The fall in volumes has been attributed to a decline in bulk table wine exports, which had dropped by 13% in volume, and as much as 17% in value, partially due to large harvests in France, Italy and Portugal. However the average export price per litre was up by 5% as exports of bottled table wine were up 11% to E123m, and exports of Cava and other sparkling wines were up by a steady 5%, reaching E174m.