Wine consumption in Spain grows 1.4% year-on-year in May 2024

In May 2024, Spain saw a slight growth in wine consumption by 1.4%, totaling 9.8 million hectoliters, as per the Spanish Interprofessional Wine Organization (OIVE). Despite red and rosé wines experiencing a decline in consumption by 1.4%, white wine consumption rose by 5.2%. However, wine production in May was 44,997 hectoliters, marking a 21% decrease from the previous year. Moreover, both wine and unconcentrated must stocks experienced a decrease, by 14.5% and 38% respectively, by the end of May 2024.

Wine consumption in Spain grew by 1.4% year-on-year in May 2024, reaching 9.8 million hectoliters, according to data from the latest economic market report from the Spanish Interprofessional Wine Organization (OIVE). colors, the consumption of red and rosé wines has decreased by 1.4% in the period analyzed, to 5.5 million hectoliters. On the contrary, white consumption has increased by 5.2% year-on-year to May, up to 4.3 million hectoliters. The study shows that in the first ten months of the campaign (from August 2023 to May 2024) The consumption estimate stood at 8.1 million hectoliters, a figure 2.4% higher than that of the first 10 months of the previous campaign. In the analysis of the month-by-month evolution, the consumption estimate has increased in five months during the campaign: September 2023 (+12%), November 2023 (+22%), January 2024 (+8%), February 2024 (+8%) and April 2024 (+14%). also includes the data on wine production in the month of May 2024, which stood at ...