United Kingdom - Spirits Obtained From Distilled Grape Wine Or Grape Marc - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGrape Wine Spirits Price in the UK - 2023
Contents:
- Grape Wine Spirits Price in the UK (CIF) - 2023
- Grape Wine Spirits Price in the UK (FOB) - 2023
- Grape Wine Spirits Imports in the UK
- Grape Wine Spirits Exports in the UK
Grape Wine Spirits Price in the UK (CIF) - 2023
The average grape wine spirits import price stood at $8.4 per litre in June 2023, growing by 32% against the previous month. In general, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $8.9 per litre in July 2022; however, from August 2022 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($9.0 per litre), while the price for Germany ($2.8 per litre) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Grape Wine Spirits Price in the UK (FOB) - 2023
In June 2023, the average grape wine spirits export price amounted to $15.1 per litre, which is down by -8.5% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 33% month-to-month. As a result, the export price attained the peak level of $17.1 per litre. From January 2023 to June 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was France ($29.2 per litre), while the average price for exports to Canada ($4.0 per litre) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Grape Wine Spirits Imports in the UK
In 2022, approx. 19M litres of spirits obtained from distilled grape wine or grape marc were imported into the UK; approximately reflecting 2021. The total import volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, imports reached the peak of 20M litres, leveling off in the following year.
In value terms, grape wine spirits imports expanded modestly to $152M in 2022. The total import value increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 16% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Grape Wine Spirits in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 121 | 101 | 128 | 137 | 4.2% |
| United States | 3.4 | 4.0 | 4.5 | 6.1 | 21.5% |
| Spain | 1.1 | 11.3 | 1.5 | 2.8 | 36.5% |
| Germany | 2.4 | 2.7 | 1.7 | 1.9 | -7.5% |
| Ireland | 0.7 | 2.4 | 1.4 | 1.6 | 31.7% |
| Belgium | 2.2 | 2.2 | 4.4 | N/A | 41.4% |
| Others | 2.3 | 1.9 | 4.9 | 3.4 | 13.9% |
| Total | 133 | 126 | 146 | 152 | 4.6% |
Top Suppliers of Grape Wine Spirits to the UK in 2022:
- France (16.0M litres)
- United States (1.3M litres)
- Spain (0.7M litres)
- Germany (0.6M litres)
- Ireland (0.5M litres)
Grape Wine Spirits Exports in the UK
Grape wine spirits exports from the UK fell significantly to 1.4M litres in 2022, with a decrease of -15.3% against the year before. In general, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 26%. The exports peaked at 1.8M litres in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, grape wine spirits exports contracted sharply to $19M in 2022. Over the period under review, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. Over the period under review, the exports attained the maximum at $31M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Grape Wine Spirits in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.5 | 8.9 | 14.8 | 11.6 | 0.3% |
| Netherlands | 3.9 | 2.8 | 2.1 | 1.4 | -28.9% |
| United Arab Emirates | 0.4 | 0.7 | 0.3 | 0.7 | 20.5% |
| China | 0.4 | 1.5 | 1.8 | 0.7 | 20.5% |
| Canada | 0.5 | 0.3 | 0.4 | 0.4 | -7.2% |
| Vietnam | 3.3 | 2.2 | N/A | N/A | -33.3% |
| Malta | 0.6 | N/A | N/A | N/A | 0% |
| Others | 10.3 | 8.5 | 9.7 | 4.7 | -23.0% |
| Total | 30.9 | 24.9 | 29.3 | 19.5 | -14.2% |
Top Export Markets for Grape Wine Spirits from the UK in 2022:
- Malta (undefinedK litres)
- United States (837.7K litres)
- United Arab Emirates (208.5K litres)
- Netherlands (89.9K litres)
- China (63.2K litres)
- Canada (57.1K litres)
This report provides an in-depth analysis of the grape wine spirits market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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