Wine Market Overview in Spain
In value terms, wine production stood at $ in estimated in export prices. Overall, production showed a pronounced decline. The growth pace was the most rapid in 2013 with an increase of % against the previous year. Over the period under review, production attained the peak level at $ in 2008; however, from 2009 to , production failed to regain the momentum.
The revenue of the wine market in Spain totaled $ in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of % y-o-y. Over the period under review, the market attained the maximum level at $ in 2008; however, from 2009 to , consumption remained at a lower figure.