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Spanish wine exports drop 3% in value despite soaring volumes
date:Jul 22, 2014
Spanish wines will start hitting shelves at rock bottom prices of below 3.99 as exports drop by 3% in value despite increasing by 17% in volume.

Producers are struggling to clear inventory of the bumper 2013 harvest, ahead of 2014s crop, which is just months away, prompting the Spanish government to take steps to help bring the market into better balance.

Spanish producers are struggling to clear stock ahead of the 2014 vintage

The result of the glut is rock-bottom pricing for Spainsh wines,

12/22 18:51