NewsExplosion of Spanish wine exports to Morocco in 2022

Explosion of Spanish wine exports to Morocco in 2022

-

Spanish wine exports (in bulk) to Morocco increased significantly in 2022 (+9.2 million liters). In all, Spanish wine exports have reached a record turnover of 2.9 billion euros, an increase of 89.6 million compared to 2021.

Spain has been able to achieve this record of wine exports in this difficult context marked by the Russian invasion of Ukraine, the energy crisis and rising energy and fuel prices, among others. However, the volume exported has fallen by 9%, nearly 213 million liters less than in 2021, of which about 150 million are bulk wine, reveals the report on “Spanish exports of wine and wine products in 2022” made by the Spanish Wine Market Observatory (OeMv).

According to this document cited by Diario de Gastronomia, the turnover of Spanish wine exports fell in March (-23.6%) and November 2022 (-1.8%), but increased in the other months, closing the year with a record 2.9 billion euros. The volume of Spanish wines exported to Italy, Germany, Portugal and France decreased overall by 111.4 million liters in 2022. However, there is an increase in the volume exported to France (+30 million euros) and Germany (+19.5 million euros).

In addition to bulk wine exports to Morocco (+9.2 million liters) and the United Kingdom (+7.5 million) have increased, Spanish bottled wine exports to the United States have also increased, reaching 258.1 million euros (+11%).

The Moroccan Blog
The Moroccan Blog
The Moroccan Blog is an English based newsblog dedicated to Morocco. You can find here all news from Morocco across a variety of topics: Arts & Culture, Economy & Business, Lifestyle, Moroccan Sahara, MRE, Society, Tourism & Travel and more.

Latest news

A Moroccan airport among the most beautiful in the world

A Moroccan airport is in the top 3 most beautiful in the world. This is what emerges from the...

United States, still the first market for Moroccan crafts

When a product is appreciated somewhere, the distance does not count at all. It is the proof that does...

Spain says Polisario cannot become observer member of Ibero-American grouping

The Polisario could not be an observer country in the Ibero-American grouping. This was announced by the Spanish Minister...

Must read

Here are the most popular tea brands for Moroccans

In Morocco, some 400 brands of tea are marketed...

Aeronautics: Swiss Pilatus chooses Morocco

Pilatus has just signed a contract with Sabca Maroc...

Apple soon at Morocco Mall

The apple brand will strengthen its presence in Morocco....

You might also likeRELATED
Recommended to you