Good news for Spanish cavas. The president of DO Cava took advantage of the inauguration of Cava Premium Room which it took place in Bilbao to announce the excellent data for the first quarter of the year. The president of the Regulatory Council, Pedro Bonet, announced the data for that period. Highlighting, above all, the results of the Premium segment.
Increase in the consumption of Premium Cava
“This is a not very favorable quarter for the consumption of Premium product. However, the figures make us satisfied and optimistic about the good performance of this beginning of 2017 "
That explained, after announcing the figures. They show an increase of 12,6% of the global one. This amounts to about 5,1 million bottles of Premium Cava, highlighting the Interior market which represents an increase of 20%.
As to outside market, an overall growth of 9,1% is observed. In the top ten of the ranking highlights Germany. After a few years of decline, it evolved positively by 30,7%.
They are followed by other countries such as France (38%), The Netherlands (70%), Sweden (43%) and Canada (41%). These remain positive. The exception to this positive evolution are United Kingdom and United States with -7% and -12%, respectively.
Considerable increase in organic cava
El organic cava registers a considerable increase with a production, only in this first quarter, of 1.271.718 bottles. It is estimated that by the end of the year there will be more than 5 million bottles and confirms a high growth potential.
For DO cava, the most significant figure is the one referring to Premium Cava. Undoubtedly, it is a fact that reinforces the intense work of promotion both of the Denomination of Origin itself and of the companies in the sector. All for positioning the Premium Cavas in the largest foreign market. As well as in the domestic market, of course, with stocks such as Cava Premium rooms.
