Sparkling wine market in Spain

Earlier Report Observations

The sparkling wine market in Spain expanded significantly from 33 million liters in 2018 to 63.3 million liters in 2024. This growth was primarily driven by a sustained consumer shift towards premium products, with demand for high-end sparkling wines rising consistently. The segment benefited from increased female participation and younger generations embracing sparkling wine for casual occasions.

Market volume experienced temporary declines in 2020 and 2022, interrupting the upward trend. However, recovery was swift, fueled by a nearly 50% surge in wine tourism in 2021 and the continued premiumization trend. Even in 2024, despite climate challenges affecting harvests, consumption grew as exports to markets like the United States supported higher-value offerings.

Key players like Freixenet responded to global demand by entering the Prosecco segment, while Spanish wineries invested in production innovations and sustainability. The creation of the high-end Corpinnat collective brand in 2017 further differentiated the premium segment, reinforcing Spain's position as a leading global producer.

Production sparkling wine in Spain

In value, 2017-2020, M $ US

Spain's sparkling wine production declined after two years of growth. In 2019, output reached its peak at 759.9 million US dollars. In 2020, production fell to 706.6 million US dollars, marking a 7.0% decrease from the previous year. The largest annual increase occurred in 2018, with a 4.9% rise.

Annual dynamics of production in Spain in value, 2017-2020, M $ US

In kind, 2017-2020, M l

Sparkling wine production in Spain declined following a two-year upward trend. In 2019, output peaked at 218.5 million liters. In 2020, production dropped to 199.0 million liters, representing an 8.9% year-over-year decline. Over the 2017-2020 period, production decreased by 4.4%, with a compound annual growth rate of -1.5%. The largest annual increase was recorded in 2019 at 3.2%.

Annual dynamics of production in Spain in kind, 2017-2020, M l

Exports sparkling wine from Spain

Exports in kind, M l

Spain's sparkling wine exports declined for the second consecutive year. In 2018, export volume reached its highest point at 189.5 million liters. In 2019, exports fell by 4.8% to their lowest level in the period. In 2020, exports amounted to 174.5 million liters, showing a modest 3.3% contraction compared to 2019. Over the 2017-2020 period, exports decreased by 4.5%, with a compound annual growth rate of -1.5%. The largest annual increase occurred in 2018 at 3.7%.

Annual dynamics of product's exports from Spain in kind, 2017-2020, M l

An analysis of Spain's sparkling wine export volumes from 2017 to 2020 reveals a broad distribution across multiple markets. Germany accounted for 18.0% of exports, France for 12.6%, and Belgium for 11.6%. Together, these three countries represented 42.2% of total export flows, while the remaining 57.8% was distributed among other trading partners.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Spain in kind, 2017-2020

Exports in value, M $ US

Spain's sparkling wine export value declined for the second year in a row. In 2018, exports reached their maximum at 610.7 million US dollars. In 2019, exports experienced their largest decline of 17.0%. In 2020, export value fell to 462.4 million US dollars, representing an 8.8% year-over-year decrease. Over the 2017-2020 period, export value dropped by 11.1%, with a compound annual growth rate of -3.8%. The largest annual increase was recorded in 2018 at 17.4%.

Annual dynamics of product's exports from Spain in value, 2017-2020, M $ US

From 2017 to 2020, Spain's sparkling wine export value was distributed across numerous countries. The United States accounted for 14.7% of exports, Germany for 14.1%, and Belgium for 13.0%. Collectively, these three markets represented 41.7% of total export value, with the remaining share spread across other trading partners.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Spain in value, 2017-2020

Imports sparkling wine to Spain

Imports in kind, M l

Spain's sparkling wine import volume declined after two years of growth. In 2019, imports peaked at 12.8 million liters. In 2020, imports totaled 10.8 million liters, marking a strong 15.6% decrease from the previous year. Over the 2017-2020 period, imports increased by 13.3%, equating to a 4.3% annualized growth rate. The largest annual increase occurred in 2019 at 19.0%.

Annual dynamics of product's imports to Spain in kind, 2017-2020, M l

From 2017 to 2020, Spain's sparkling wine import volume was heavily concentrated on two countries. Italy and France together accounted for 91.9% of total import flows, with other partners making up the remaining share.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Spain in kind, 2017-2020

Imports in value, M $ US

Spain's sparkling wine import value declined for the second consecutive year. In 2018, imports reached their highest point at 127.2 million US dollars. In 2020, imports fell to approximately 80.2 million US dollars, reflecting an abrupt 35.2% reduction compared to 2019. Over the 2017-2020 period, imports decreased by 28.3%, equating to a -10.5% annualized rate. The largest annual increase was recorded in 2018 at 13.8%.

Annual dynamics of product's imports to Spain in value, 2017-2020, M $ US

Between 2017 and 2020, Spain's sparkling wine import value was largely concentrated on France, which accounted for 78.1% of total import flows. Other countries together formed the remaining share.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Spain in value, 2017-2020