A shift towards lower priced table wines helped lift Spanish wine
exports in the first quarter of the year, but the lower revenues
mean that double-digit volume gains were rather more modest when
converted into value figures.
Exports of Spanish wine grew by less than 1 per cent last year in
both volume and value, according to the latest data. And at home
the situation is even worse, with consumption there continuing its
unrelenting decline.
The fluctuations of the sparkling wine market, which have affected
cava as much as Champagne in recent years, have prompted Spain's
Codorniu group to expand into other wine regions - most recently
the Ribera del Duero.