16.4% Increase Spanish wine exports in the first quarter of 2010
Filed under News on Monday, May 24, 2010.• - March particularly positive leads to an increase of 7.2% in value and volume of 16.4% in the first quarter of 2010.
• - highlights the growing demand for packaged wine without DOP, doubling its sales abroad during the first quarter.
According to data analyzed by the Spanish Observatory Wine Market (OeMv), Spanish wine exports grew during the first quarter of 2010 by 16.4% to 381.3 million literscompared to 327.5 obtained during the same period of 2009.In value terms, growth is of 7.2% to 399.8 million euros.The average price fell by -7.9% to 1.05 euros per liter.For products, a notable increase in wines packaged without Protected Designation of Origin (PDO), which reached during the first quarter of 2010, 85.4 million liters (+108,9%) and 99.1 millioneuros (+111,8%), which is double the figures for the first quarter of 2009.Also evolve positively flavored wine (+8.5% in value and +10% in volume) and liqueur wines (+17.4% +53.4% in value and volume).On the other hand, wines with PDO (-4.6% -5.3% in value and volume) and sparkling wines (which fell by -10.7% in value and 11% by volume) recorded negative data.
Interannual data, ranging from April 2009 to March 2010, recorded a total of 1,563 million liters exported, amounting to 1,745 million euros at an average price of 1.12 euros per liter.With regard to the March 2009 year, there is still a slight drop of -1.5% in volume, from -8.4% in value and 7% in the average price.As stated in the table below.The positive data from the first quarter of 2010, reduce losses and to keep this progression, positive inter-annual growth will be achieved this year.
By market, a notable increase in our sales in the U.S.(+20.6% +33.3% In value and volume) in the first quarter of 2010, possibly favored by a better exchange rate, as well as France (+2.9% in value and +9,9% by volume) and Germany (+5.2% in value and +4.2% in volume).
As shown in the table below, the increase experienced by packaged wines without DOP is reflected in Portugal, Russia, Germany, France, UK and U.S.
In short, good start to the year for Spanish wine exports, which grow during the first quarter of 2010, 7.2% in value and 16.4% by volume, a trend which we hope will strengthen over the nextmonths.It should be noted the increase in packaged wine without DOP, doubling its sales.
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