Colombia - Spirits Obtained From Distilled Grape Wine Or Grape Marc - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Colombia - Spirits Obtained From Distilled Grape Wine Or Grape Marc - Market Analysis, Forecast, Size, Trends And Insights

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Grape Wine Spirits Price in Colombia - 2022

Contents:

  1. Grape Wine Spirits Price in Colombia (CIF) - 2022
  2. Grape Wine Spirits Price in Colombia (FOB) - 2022
  3. Grape Wine Spirits Imports in Colombia
  4. Grape Wine Spirits Exports in Colombia

Grape Wine Spirits Price in Colombia (CIF) - 2022

The average grape wine spirits import price stood at $12 per litre in 2022, standing approx. at the previous year. Over the period under review, the import price, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 42%. As a result, import price attained the peak level of $12 per litre. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($83 per litre), while the price for Free Zones ($1.7 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+38.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Grape Wine Spirits Price in Colombia (FOB) - 2022

The average grape wine spirits export price stood at $2.4 per litre in 2022, almost unchanged from the previous year. Overall, the export price, however, showed a moderate increase. The growth pace was the most rapid in 2015 when the average export price increased by 156% against the previous year. The export price peaked at $5.9 per litre in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($3.9 per litre), while the average price for exports to Chile ($1.7 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.

Grape Wine Spirits Imports in Colombia

In 2022, approx. 54K litres of spirits obtained from distilled grape wine or grape marc were imported into Colombia; shrinking by -20.4% compared with the year before. Over the period under review, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 75% against the previous year. Over the period under review, imports attained the maximum at 94K litres in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, grape wine spirits imports dropped dramatically to $651K in 2022. In general, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 73% against the previous year. As a result, imports reached the peak of $825K, and then fell significantly in the following year.

Import of Grape Wine Spirits in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France27918927539111.9%
Peru15948.217185.0-18.8%
Panama19386.915677.8-26.1%
Spain12687.912463.9-20.3%
Chile2.815.915.87.941.3%
Free Zones4.18.16.83.4-6.0%
Others60.040.276.521.5-29.0%
Total824477825651-7.6%

Top Suppliers of Grape Wine Spirits to Colombia in 2022:

  1. Panama (15.5K litres)
  2. Spain (12.4K litres)
  3. Peru (11.4K litres)
  4. France (11.1K litres)
  5. Free Zones (2.0K litres)
  6. Chile (0.8K litres)

Grape Wine Spirits Exports in Colombia

In 2022, overseas shipments of spirits obtained from distilled grape wine or grape marc were finally on the rise to reach 2.4K litres after two years of decline. Overall, exports, however, faced a sharp decline. Over the period under review, the exports attained the maximum at 4.9K litres in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, grape wine spirits exports reached $5.7K in 2022. In general, exports, however, faced a precipitous contraction. Over the period under review, the exports reached the maximum at $19K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Grape Wine Spirits in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile6.32.42.22.8-23.7%
Ecuador3.30.50.91.0-32.8%
United States4.61.30.60.8-44.2%
Panama2.30.60.30.3-49.3%
South AfricaN/AN/A1.1N/A0%
Others2.60.80.60.7-35.4%
Total19.15.75.65.7-33.2%

Top Export Markets for Grape Wine Spirits from Colombia in 2022:

  1. Chile (1670.0 litres)
  2. Ecuador (522.0 litres)
  3. Panama (137.0 litres)
  4. United States (19.0 litres)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the grape wine spirits market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 11011020 - Spirits obtained from distilled grape wine or grape marc (important: excluding alcohol duty)

Country coverage:

  • Colombia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Colombia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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