Spain wrapped up the 2025/26 wine season with declines across nearly every major indicator: production down, domestic consumption falling, and export figures weaker — even as imports climbed sharply.
According to the Spanish Wine Interprofessional Organization (OIVE), drawing on data from the INFOVI system and the State Tax Administration Agency (AEAT), wine production came in at 28.97 million hectoliters, 6.8% below the previous season. Estimated domestic consumption for the twelve months ending in July stood at 8,963,939 hectoliters, down from roughly 9 million hectoliters the year before — an 8.1% decline.
The drop looks even steeper once must is factored in. Adding 4.18 million hectoliters of must — itself down 27.3% — to the wine total brings the combined figure to 33.14 million hectoliters, a 10% decrease from the 2024/25 campaign, or roughly 3.7 million hectoliters less. OIVE notes that its expanded July declaration also captures production from operators below 1,000 hectoliters, who contributed just over 610,000 hectoliters to the total.
Breaking production down by category, PDO wines led with 10.86 million hectoliters (37% of the total), followed by varietal wines at 9.46 million hectoliters (33%), wines without geographical indication at 5.71 million hectoliters (20%), and PGI wines at 2.83 million hectoliters (10%). By color, white wine production reached 16.48 million hectoliters versus 12.38 million hectoliters for red and rosé combined — a gap of more than 4 million hectoliters in favor of white.
Castilla-La Mancha remained Spain's dominant production region by a wide margin, accounting for 15.82 million hectoliters, or 54.8% of the national total. Catalonia followed with 2.65 million hectoliters, Extremadura with 2.64 million, and Castilla y León with 2.24 million. The Valencian Community topped 1.33 million hectoliters, while La Rioja came in just above 1 million.
Stocks tell a somewhat different story. Spain ended July with 30.07 million hectoliters of wine in storage, down a modest 0.8% year-on-year, while stocks of unconcentrated grape must actually rose 31.7%, to 2.07 million hectoliters. Combined wine and must stocks reached 32.14 million hectoliters, up 0.8% from the previous close — though still 6.8% below OIVE's five-season average of 34.5 million hectoliters. PDO wines dominated stored volumes, making up 69.7% (20.97 million hectoliters), followed by wines without geographical indication (13.1%, 3.94 million hectoliters), varietal wines (12.3%, 3.69 million hectoliters), and PGI wines (4.9%, 1.47 million hectoliters). By color, stored red and rosé wine fell 7.1% to 16.2 million hectoliters, while white wine stocks rose 7.8% to 12.1 million hectoliters.
Castilla-La Mancha again led in storage, holding an estimated 9.5 million hectoliters of wine and must — nearly 31% of the comparable total. In the expanded report covering all producer sizes, the region held 9.53 million hectoliters, ahead of Catalonia's 4.61 million and La Rioja's 4.15 million; Andalusia closed with 2.91 million hectoliters and Castilla y León with 2.98 million.
Domestic consumption was arguably the season's weakest spot. OIVE's estimate of 8,963,939 hectoliters for the twelve months through July 2026 represents a drop of 790,689 hectoliters from the prior year. Consumption had held fairly steady between 9.5 and 9.9 million hectoliters from November 2022 through August 2025, before beginning a decline that continued despite occasional monthly rebounds. That drop was concentrated almost entirely in red and rosé wines, where consumption fell 14.1% to about 5.02 million hectoliters — a loss of 826,494 hectoliters. White wine consumption, by contrast, edged up 0.9% to 3.94 million hectoliters, an increase of 35,805 hectoliters.
Winery movement data for July supports this pattern: inflows of domestically produced wine rose 2.4% to 1.84 million hectoliters, while outflows fell 1.8% to 2.59 million hectoliters, leaving a net difference of 748,220 hectoliters — 10.8% lower than in July 2015, the figure OIVE uses as a baseline in its cumulative consumption calculations.
Wine directed toward other uses also declined over the season. Combined volume for winery operations, distillation, and vinegar production fell 23% to 2.06 million hectoliters. Winery operations — covering products like vermouth, sangria, and aromatized wines — used 1.19 million hectoliters, down 7.1%. Distillation absorbed 583,710 hectoliters, a steep 46.1% drop (roughly half a million hectoliters less than the prior season), while vinegar production used 293,161 hectoliters, down 8.7%.
On the trade side, INFOVI data for the full season shows export volume falling 9.4% to 16.73 million hectoliters. Using customs statistics through June for its economic analysis, OIVE reports that Spain exported 15.76 million hectoliters in the season's first eleven months, down 10.1%, generating €2.517 billion in revenue, down 6.8% — meaning the volume decline outpaced the revenue decline. Bottled wines (still, sparkling, fortified, semi-sparkling, and Bag-in-Box) brought in €2,052.4 million, down 7.2%, on 714.8 million liters, down 6.6%, with average price slipping 0.7% to €2.87 per liter. Bulk wine volume fell 12.8% to 8.6 million hectoliters, with revenue down 5.2% to €464.6 million — pushing the average price up 8.8% to €54 per hectoliter.
June itself saw a comparatively softer decline: exports totaled €241.8 million (down 5% from June 2015) on about 1.6 million hectoliters (down 1.6%). For the twelve months ending in June, exports reached €2,781.4 million, down 6%, on 17.5 million hectoliters, down 8.7%, with an average price of €1.59 per liter for that period.
Imports moved in the opposite direction. Between August 2025 and June 2026, Spain imported 1,041,732 hectoliters, up 23.1%, worth €313 million, up 10.8% — meaning volume grew far faster than spending, pulling the average import price down 10% to €300 per hectoliter. Bulk wine drove most of this increase, with import volume up 42%, adding 191,890 hectoliters year-on-year.
The composition of these imports highlights a sharp divide between volume and value. Bulk wine made up 62.2% of imported volume (64.8 million liters) but just 13.2% of spending (€41.2 million). Sparkling wine showed the opposite pattern, representing only 8.3% of volume (8.7 million liters) but 43% of value (€134.7 million). PDO bottled wines accounted for €73.4 million, or 23.5% of the import bill, despite just 8.1% of volume.
For the twelve months ending in June, Spanish imports totaled 1,115,619 hectoliters, up 22%, worth €345.8 million, up 11.2%, with an average price of €310 per hectoliter — 8.9% below the prior year. In the season's first eleven months, bottled wines without PDO status accounted for €45.3 million (14.5% of import value) and other wines €18.4 million (5.9%), representing 14.7% and 6.6% of volume respectively.
Source: Vinetur