Vinetur reports that Spanish wine-export volumes fell 20.2% during the first half of 2026, with the value of exports down 10.2% to approximately €1.56 billion. A major factor was weaker demand for Spanish bulk wine from Italy and France, traditionally important buyers, with Castile-La Mancha particularly exposed to the contraction. The difference between the fall in volume and value indicates that average export prices have risen, but the figures underline continuing pressure on one of the world’s largest wine-exporting industries.