Spain's wine consumption fell 8.1% to 8.96 million hectoliters in 2025/26.

Spain ended the 2025/26 wine season with lower production, weaker domestic consumption and softer exports, according to the July 2026 monthly wine report published in September by the Spanish Wine Interprofessional Organization, or OIVE. The report, based on data from Spain’s INFOVI wine information system and customs statistics from the tax agency AEAT, showed wine production at 28.97 million hectoliters, down 6.8% from the previous season, while estimated domestic consumption fell to 8.96 million hectoliters over the 12 months through July.

The drop was steeper when must was included. Spain produced 4.18 million hectoliters of must, down 27.3% from a year earlier. Combined wine and must output totaled 33.14 million hectoliters, a 10% decline from the 2024/25 season and about 3.7 million hectoliters less than a year earlier. OIVE said the expanded July filing also added production from operators making less than 1,000 hectoliters, which contributed just over 610,000 hectoliters to the final wine total.

Protected designation of origin wines accounted for the largest share of production, at 10.86 million hectoliters, or 37% of the total. Varietal wines followed with 9.46 million hectoliters, or 33%. Wines without a geographical indication reached 5.71 million hectoliters, or 20%, while protected geographical indication wines stood at 2.83 million hectoliters, or 10%. By color, Spain produced 16.48 million hectoliters of white wine and 12.38 million hectoliters of red and rosé combined, leaving whites ahead by more than 4 million hectoliters.

Castilla-La Mancha again dominated Spanish output. The region produced 15.82 million hectoliters, equal to 54.8% of the national total. Far behind were Catalonia with 2.65 million hectoliters, Extremadura with 2.64 million, and Castile and León with 2.24 million. Valencia exceeded 1.33 million hectoliters, and La Rioja finished slightly above 1 million.

Stock levels at the end of the season told a different story from production. Spain closed July with 30.07 million hectoliters of wine in storage, down 0.8% from 12 months earlier. Unconcentrated must stocks, however, rose 31.7% to 2.07 million hectoliters. Combined wine and must stocks reached 32.14 million hectoliters, up 0.8% from the previous season because of the rise in must. Even so, that combined volume remained 6.8% below the average for the previous five seasons, which OIVE placed at 34.5 million hectoliters.

Most of the wine still in storage on July 31 was protected designation of origin wine. That category accounted for 20.97 million hectoliters, or 69.7% of all wine stocks. Wines without a geographical indication made up 3.94 million hectoliters, or 13.1%. Varietal wines represented 3.69 million hectoliters, or 12.3%, and protected geographical indication wines totaled 1.47 million hectoliters, or 4.9%. Among larger producers and storage operators, red and rosé wine stocks fell 7.1% to 16.2 million hectoliters, while white wine stocks rose 7.8% to 12.1 million.

By region, Castilla-La Mancha also held the largest stock volumes. OIVE put its closing wine and must inventories at about 9.5 million hectoliters, close to 31% of the total used in that comparison. The expanded filing, which includes producers of all sizes and storage operators, showed 9.53 million hectoliters in Castilla-La Mancha, 4.61 million in Catalonia, and 4.15 million in La Rioja. Andalusia closed with 2.91 million hectoliters, and Castile and León with 2.98 million.

The clearest sign of weakness on the domestic side came from consumption. OIVE estimated national wine consumption at 8,963,939 hectoliters over the 12 months through July 2026, down 8.1% from the same period a year earlier. That was a decline of 790,689 hectoliters. According to the report’s time series, the estimate had largely stayed between 9.5 million and 9.9 million hectoliters from November 2022 through August 2025, then began to trend lower from September last year despite some temporary rebounds.

The change was not uniform across wine types. Estimated consumption of red and rosé fell 14.1% to about 5.02 million hectoliters, a drop of 826,494 hectoliters from a year earlier. White wine consumption edged up 0.9% to 3.94 million hectoliters, an increase of 35,805 hectoliters. That left the contraction in the domestic market concentrated in red and rosé wines, while whites held steady and posted a small gain.

Wine movements inside Spain during July pointed to slower market activity. Inflows of Spanish wine into wineries rose 2.4% to 1.84 million hectoliters, but outflows fell 1.8% to 2.59 million. The net gap between inflows and outflows was 748,220 hectoliters, down 10.8% from July 2025. OIVE uses the accumulated trend in those movements as the basis for its domestic consumption estimate.

Wine sent to other uses also fell during the season. Internal operations, distillation and vinegar production absorbed a combined 2.06 million hectoliters, down 23%. Shipments for internal operations, which include wine used to make products such as vermouth, sangria and aromatized wines, totaled 1.19 million hectoliters, down 7.1%. Distillation took 583,710 hectoliters, a drop of 46.1%, and vinegar production used 293,161 hectoliters, down 8.7%. The reduction in wine sent to distilleries alone amounted to nearly half a million hectoliters compared with the previous season.

Foreign trade added more pressure through weaker sales abroad. INFOVI data for the full season showed wine export volumes down 9.4% to 16.73 million hectoliters. For trade value, OIVE relied on AEAT customs statistics available through June, which cover the first 11 months of the season. Over that period, Spain exported 15.76 million hectoliters, down 10.1%, for revenue of €2.517 billion, down 6.8%. The decline in volume was therefore larger than the decline in revenue.

Both packaged wine and bulk wine recorded weaker results, though the patterns differed. Packaged wines, including still, sparkling, fortified, semi-sparkling and bag-in-box products, generated €2.052 billion in revenue, down 7.2%, while volume fell 6.6% to 714.8 million liters. Their average price slipped 0.7% to €2.87 per liter. Bulk wines posted a 12.8% drop in volume to 8.6 million hectoliters and a 5.2% fall in revenue to €464.6 million. Because the volume decline was sharper than the revenue decline, the average bulk export price rose 8.8% to €54 per hectoliter.

June brought a milder decline than earlier months. Exports for the month reached €241.8 million, down 5% from June 2025, and about 1.6 million hectoliters, down 1.6%. In the 12-month period through June, Spain’s wine exports totaled €2.781 billion, down 6%, and 17.5 million hectoliters, down 8.7%. The average export price in that rolling 12-month measure was €1.59 per liter.

Imports moved in the opposite direction. Between August 2025 and June 2026, Spain imported 1,041,732 hectoliters of wine, up 23.1%, with a value of €313 million, up 10.8%. Because imported volume rose much faster than spending, the average import price fell 10% to €300 per hectoliter. The main driver was bulk wine, whose imports jumped 42% by volume and added 191,890 hectoliters from the same period a year earlier.

The structure of imports showed a sharp gap between volume and value. Bulk wine made up 62.2% of imported volume during the first 11 months of the season, at 64.8 million liters, but only 13.2% of total spending, at €41.2 million. Sparkling wines showed the reverse pattern, accounting for 8.3% of volume, or 8.7 million liters, and 43% of value, or €134.7 million. Bottled protected designation of origin wines added €73.4 million, equal to 23.5% of the import bill, while representing 8.1% of volume. Over the 12 months through June, Spain’s imports reached 1,115,619 hectoliters, up 22%, for €345.8 million, up 11.2%, with an average price of €310 per hectoliter.