Spain Vinyl Revenue Jumps 27.7% in H1 2026, Now 73% of Physical

Spanish vinyl revenue rose 27.7% to €15.3m in H1 2026 and reached 73% of physical music sales, as the wider market grew 11.6% to €181.4m, Promusicae reports.

Storefront of Discos Revolver, a record shop in Barcelona, with red signage and vinyl sleeves in the window
Photo: Kippelboy / Wikimedia Commons (CC0)

Spanish vinyl revenue rose 27.7% to €15.3 million in the first half of 2026 and now accounts for around 73% of physical music sales in Spain, according to Promusicae, the country's recorded-music association, in figures reported on 3 September 2026. The wider Spanish recorded-music market grew 11.6% to €181.4 million in industry value (€321.6 million at retail prices), with physical formats as a whole up 20.3% to €20.9 million.

Vinyl did almost all of that physical growth's heavy lifting: CD revenue rose a comparatively modest 4.3% over the same six months. Streaming subscriptions remain the market's real driver, up 15.1% to €121 million, 66.7% of total revenue.

Spain's first half of 2026

Promusicae's figures cover industry-value revenue for January to June 2026, compared with the same period in 2025:

SegmentChange, H1 2026
Total market (industry value)+11.6% (€181.4m); €321.6m at retail
Digital market€160.5m, 88.5% of total revenue
Streaming subscriptions+15.1% (€121m, 66.7% of total revenue)
Physical formats, all+20.3% (€20.9m)
Vinyl+27.7% (€15.3m, about 73% of physical)
CD+4.3%

Streaming subscription revenue has grown fast in Spain specifically: it stood at €45.1 million in the first half of 2020, so the H1 2026 figure of €121 million is a cumulative increase of 168.2% over six years.

Vinyl's share of Spain's physical market keeps climbing

Vinyl was already the dominant physical format in Spain before this report. What H1 2026 shows is that dominance deepening further, even as the format's own growth rate eased slightly from the pace set in 2025.

A physical segment where one format takes almost all of the growth is not a balanced recovery — it is vinyl carrying Spanish CD and vinyl sales on its own.

PeriodVinyl revenue changeVinyl's share of physical
Full year 2025+30% (€28.9m)69%
H1 2026+27.7% (€15.3m)About 73%

Promusicae's full-year 2025 report, published 4 March 2026, put total Spanish industry revenue at €409.5 million (+13.7%), with physical formats up 31.6% overall, CD up 9.1% and vinyl up 30% to €28.9 million. Vinyl's slightly slower percentage growth in H1 2026 has not stopped its share of physical sales rising further, from 69% to around 73%.

How Spain compares with France and Germany

Spain's vinyl growth is the fastest of three first-half 2026 markets Sleevewise has tracked in Europe, though each is measuring from a different base and currency mix:

MarketVinyl growth, H1 2026Vinyl's positionSource
France+5.8%Leading physical format by valueSNEP
Spain+27.7%73% of physical salesPromusicae
Germany+9.8%47.8% of physical marketBVMI

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Spain's physical market is smaller in absolute terms than France's or Germany's, but vinyl's share within it, and its growth rate, are both the highest of the three. The same direction shows up further afield: the IFPI's global report for 2025 put worldwide vinyl revenue up 13.7%, its 19th straight year of growth, and US vinyl revenue on its own passed $543.8 million for the first half of 2026 alone.

What this means for collectors

A market this concentrated in vinyl, within an already small physical segment, points to more new pressings and reissues arriving through Spanish record shops relative to CD, and a physical shelf that is increasingly a vinyl shelf rather than a mixed-format one. For a collector, that also means it is worth confirming exactly which pressing of a title you are looking at, since Spanish, EU and import pressings of the same release can carry different catalogue numbers and different values.

Sleevewise matches a barcode scan or cover photo to the correct Discogs release, grades media and sleeve on the Goldmine scale, and tracks a collection's value from Discogs Marketplace listings, which keeps a fast-growing shelf of Spanish and imported pressings easy to catalogue accurately.

Frequently asked questions

01Is vinyl bigger than CD in Spain?

Yes, by a wide margin. Vinyl made up around 73% of Spain's physical music revenue in the first half of 2026, against CD's much smaller remaining share, according to Promusicae.

02How much has Spanish vinyl revenue grown?

Promusicae reported Spanish vinyl revenue up 27.7% to €15.3 million in the first half of 2026 compared with the same period in 2025, following 30% growth for the full year 2025.

03Is physical music a big part of the Spanish market?

No, it is a small and shrinking share of total revenue even as it grows in absolute terms: Spain's digital market alone was worth €160.5 million in the first half of 2026, 88.5% of total industry revenue, against €20.9 million for all physical formats combined.

Cataloguing a vinyl-heavy Spanish collection

None of this changes what a specific record is worth — that still depends on its exact pressing and condition — but a market this weighted toward vinyl is one where it is worth knowing what your records are worth and keeping track of collection value as new Spanish and import pressings keep arriving.

Sources

marketspainpromusicaesales data