white wine

White Wine Set to Pass 50% of Spain's Production as Stocks Hit Two-Decade Low

White wine will account for more than half of Spain's total wine production in the 2025/2026 season, according to new data from the Spanish Interprofessional Wine Organization (OIVE).

Figures through April show white wine representing 57% of volume produced, against 42.9% for red and rosé combined — a shift of nearly eight percentage points toward white wine compared with the 2017/2018 season.

A Structural Shift in Production

OIVE presented the figures during an online seminar on Monday, June 15, focused on recent trends in the sector. Begoña Olavarría, the organization's director of economic intelligence, explained that white wine's growing share is occurring in parallel with a declining share for red and rosé wines within total national production — a sustained rebalancing rather than a one-season anomaly.

The data, drawn from the Wine Sector Market Information System (INFOVI), points to a broader change in the composition of Spain's wine supply that extends beyond the white-red split. Olavarría noted that nearly every commercial category is trending downward, with one notable exception: varietal wine, which has climbed to 9.4 million hectoliters.

Consumption Falls, but Unevenly

Domestic demand is moving in its own direction. Wine consumption in Spain fell 6.1% in April compared with the same month in 2015, dropping to 9.2 million hectoliters. That decline was not evenly distributed across wine types: white wine consumption held stable, while red and rosé wines absorbed the drop.

Stocks at Their Lowest in Twenty Years

OIVE also highlighted the state of reserves heading into the new season. By its calculations, the 2025/2026 campaign opened with what the organization called "historically low" stock levels. Combining initial stocks with production put total available volume at 62.5 million hectoliters — the lowest level recorded in the past two decades.

As of the end of April 2026, ending wine stocks stood at 35.5 million hectoliters, down 2.9% from the same period a year earlier, a loss of 1.1 million hectoliters. The figures point to a market operating with meaningfully less storage buffer than in recent years.

A Modest Recovery in Industrial Uses

Against this backdrop of tightening supply, OIVE reported an improvement in what it terms "own operations" — wine used in the production of sangria, vermouth, and summer red wine (verano). Volume in this category rose to 1.2 million hectoliters in the year ending April 2026, a rare area of growth amid otherwise declining figures.

Two Trends Moving in Parallel

Taken together, OIVE's data describes two developments unfolding side by side: white wine's growing weight within Spanish production, and a continued drop in domestic consumption. Layered on top of these is a stock position tighter than at any point in the last twenty years, along with a partial recovery in certain industrial and commercial uses of wine — a combination that suggests Spain's wine sector is being reshaped from several directions at once, even as overall demand softens.

Source: Vinetur

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