
Spanish wine exports fell in both value and volume through April 2026, with bulk shipments posting the sharpest declines and bottled wines also losing ground, according to Spanish tax agency data analyzed by the Spanish Wine Interprofessional Organization, known as OIVE.
Over the 12 months from May 2025 through April 2026, Spain exported 1.7866 billion liters of wine, down 6.5% from the previous 12-month period, while export revenue fell 4.6% to €2.8232 billion. That meant a loss of 124.4 million liters and €135.6 million from the prior year and pushed total export volume below 1.8 billion liters.
The downturn was even steeper in the first four months of 2026. From January through April, Spanish wine exports reached €858 million, down 8.3%, while volume dropped 18.1% to nearly 548 million liters. Compared with the same period in 2025, that was €77.3 million less in revenue and 121 million fewer liters shipped abroad.
OIVE divides the trade into two broad groups: packaged wines, which include sparkling, still, fortified, semi-sparkling and bag-in-box formats, and bulk wines shipped in containers larger than 10 liters. Both groups declined in value and volume in the first four months of the year, though bulk wines fell much more sharply. Average prices rose in both segments.
Packaged wine exports totaled 243.1 million liters in the first four months of 2026, down 5.9%, for a value of €689.9 million, down 5.5%. The average export price edged up 0.3% to €2.84 a liter.
Within that category, sparkling wine exports fell 7.3% in value to €129.6 million and 6.6% in volume to 38.6 million liters. The average price slipped 0.8% to €3.36 a liter. Spain exported 2.7 million fewer liters of sparkling wine than a year earlier and earned €10.3 million less from those sales.
Cava, which has its own customs classification, remained the dominant sparkling product but also declined. Exports of Cava fell 7.7% in value and 4.9% in volume during the first four months of the year, reaching 24.5 million liters and €90.9 million. That accounted for 64% of Spain’s sparkling wine export volume and 70% of its value in the period. Other sparkling wines dropped 6.4% in value and 9.3% in volume to 14 million liters and €38.7 million.
Cava continued to command a higher average price than other sparkling wines at €3.70 a liter, though that was down 2.9% from a year earlier. Other sparkling wines averaged €2.76 a liter, up 3.2%.
The United States remained the leading market for Spanish sparkling wine by both value and volume despite a sharp decline. Sales there fell 19.8% in value to €17.8 million and 19.2% in volume to nearly 5 million liters in the first four months of the year. Belgium ranked second, with sales rising 8.5% in value to €15.15 million and 6.3% in volume to 4.2 million liters. Sweden also posted a notable drop, down 24% in value to €11.4 million.
On a rolling 12-month basis through April, Spanish sparkling wine exports stood at €488.6 million, down 6.4%, and 143.9 million liters, down 8.2%. The average price rose 2% to €3.40 a liter.
Still packaged wines also weakened at the start of the year. Exports fell 5.2% in value to €507.8 million and 6.6% in volume to 172.3 million liters, while the average price rose 1.5% to €2.95 a liter.
Within still packaged wines, bottled wines with protected designation of origin, or DOP, remained the largest category but recorded some of the biggest losses among higher-value products. Exports dropped 7.8% in value to €353 million and 11.1% in volume to 65.8 million liters in the first four months of the year. The average price increased 3.7% to €5.36 a liter.
For the rolling year through April, bottled DOP wine exports totaled €1.158 billion, down 6.6%, on volumes of 221.2 million liters, down 8.2%. OIVE said the longer-term trend shows sustained volume declines since 2022 and weakening values since spring 2025.
Packaged varietal wines were one of the few bright spots in Spain’s export mix during the first four months of the year. Revenue rose 13.2% to €54.1 million and volume increased 6.2% to 29.2 million liters, lifting the average price to €1.86 a liter.
Packaged wines with protected geographical indication, or IGP, moved lower, falling 5.9% in value to nearly €38 million and 5.4% in volume to 33.2 million liters, with an average price of €1.08 a liter, down 3.9%. Packaged wines without any indication also declined, slipping 2..8% in value to €62..7 million and 7..8% in volume to 44..1 million liters.
Fortified wines had one of the weakest performances among packaged categories, with exports down23% in value to €13..25 million and down27..7% in volume to26 million liters?
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