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Spain breaks wine export record to US in 2011

Spanish wine exports are verging on the 74-million-litre mark for the value of €227 million

03/26/2012

The US surpassed the 10-million-hectolitre mark for the first time in its history

The US surpassed the 10-million-hectolitre mark for the first time in its history

In 2011, the US imported a total of 73.8 million litres of Spanish wine for the value of €226.7 million, which represents an increase of 37.3 and 12.2 per cent, respectively. Thanks to these figures, Spain has replaced Chile as the market’s fifth largest supplier in terms of value, according to figures from the US Customs and Excise authorities, analysed by the Spanish Wine Market Supervisory Board (OeMv).

In general terms, the US surpassed the figure of 10 million hectolitres of imported wine for the first time in its history, with an 8.3 per cent increase over 2010. In terms of value, turnover came to €3,650 million, another record figure, after an increase of 13.5 per cent.

By product type, bottled wine is still the most important category, representing 70 per cent by volume and 79 per cent by value of total imports. In this category, Spain occupies sixth place, registering an increase of 5.7 per cent by volume, surpassing for the first time the figure of 40 million litres of bottled wine exports to the US. However, despite the rise of 7.8 per cent by value registering a turnover of €164.3 million, Spain has still not managed to reach the figure of €171 million registered in 2008.

Conversely, the type of product which registered the greatest increase in 2010 was bulk wine. The US imported 234.5 million litres, 24.7 per cent more, exceeding the maximum figures registered to date in 2009. The growth in value came about despite the increase in the average price of 16 per cent, registering truly positive figures which exceed €187 million, representing a 45 per cent increase over the figures from 2010.

In this category, Spanish wines occupy fifth place on the list of suppliers in terms of volume and sixth place in terms of value owing to the spectacular growth rate of 1,491 per cent by volume and 853 per cent by value.

On a final note, Spain occupies third place on the sparkling wine supplier list, following France and Italy, with an increase of 5.5 per cent by value and 8.8 per cent by volume. A category which, in general, boasts excellent figures given that sparkling wine imports in the North American country increased 22.6 per cent by volume and 25.6 per cent by value.

In short, it has been an extraordinary year for US wine imports in which Spanish wine sales grew significantly, above all thanks to the increase in bulk wine sales, but also in bottled wine sales, with excellent results in terms of value owing to the increase in the average price in both categories.

FEDER

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