Liqueurs and Cordials Price in Ukraine - 2023

Contents:

  1. Liqueurs and Cordials Price in Ukraine (CIF) - 2022
  2. Liqueurs and Cordials Price in Ukraine (FOB) - 2022
  3. Liqueurs and Cordials Imports in Ukraine
  4. Liqueurs and Cordials Exports in Ukraine

Liqueurs and Cordials Price in Ukraine (CIF) - 2022

The average liqueurs and cordials import price stood at $3.6 per litre in 2022, falling by -7% against the previous year. Over the period under review, the import price continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2017 an increase of 8.1%. The import price peaked at $4.5 per litre in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($8.1 per litre), while the price for Poland ($1.8 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Liqueurs and Cordials Price in Ukraine (FOB) - 2022

In 2022, the average liqueurs and cordials export price amounted to $6 per litre, declining by -41.6% against the previous year. Over the period under review, the export price, however, showed a slight expansion. The most prominent rate of growth was recorded in 2013 an increase of 80%. Over the period under review, the average export prices hit record highs at $10 per litre in 2021, and then dropped rapidly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($9.9 per litre), while the average price for exports to Lithuania ($0.8 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 Taiwan (Chinese) (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.

Liqueurs and Cordials Imports in Ukraine

In 2022, supplies from abroad of liqueurs and cordialses decreased by -40.9% to 4.2M litres for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2020 with an increase of 16% against the previous year. Over the period under review, imports reached the maximum at 7.1M litres in 2021, and then shrank sharply in the following year.

In value terms, liqueurs and cordials imports fell markedly to $15M in 2022. Over the period under review, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of $28M, and then reduced notably in the following year.

Import of Liqueurs and Cordials in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.56.69.05.0-12.6%
Ireland2.32.94.51.8-7.8%
Italy2.02.32.31.5-9.1%
United KingdomN/A0.30.31.191.5%
Belgium1.41.52.31.1-7.7%
Spain2.02.52.20.9-23.4%
Czech Republic1.61.81.60.8-20.6%
France0.71.21.10.5-10.6%
United States0.70.70.80.3-24.6%
Estonia0.40.40.50.3-9.1%
Latvia0.40.30.50.3-9.1%
Poland0.40.80.40.2-20.6%
Others2.91.72.21.5-19.7%
Total22.323.227.715.2-12.0%

Top Suppliers of Liqueurs and Cordials to Ukraine in 2022:

  1. Germany (1599.9K litres)
  2. Italy (631.6K litres)
  3. Czech Republic (360.5K litres)
  4. Belgium (319.7K litres)
  5. Ireland (233.4K litres)
  6. Spain (162.1K litres)
  7. France (153.6K litres)
  8. United Kingdom (131.7K litres)
  9. Poland (122.3K litres)
  10. Estonia (92.5K litres)
  11. United States (74.0K litres)
  12. Latvia (72.6K litres)

Liqueurs and Cordials Exports in Ukraine

In 2022, approx. 261K litres of liqueurs and cordialses were exported from Ukraine; which is down by -23.9% compared with 2021 figures. Over the period under review, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 21%. Over the period under review, the exports hit record highs at 470K litres in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, liqueurs and cordials exports shrank rapidly to $1.6M in 2022. Overall, exports recorded a dramatic descent. The pace of growth appeared the most rapid in 2021 with an increase of 52%. Over the period under review, the exports hit record highs at $4.1M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Liqueurs and Cordials in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A1350%
SwitzerlandN/AN/AN/A19.20%
Taiwan (Chinese)N/A24.0N/A14.6-22.0%
Lithuania6.83.982.15.8-5.2%
United StatesN/A14.5N/AN/A0%
Others4,0582,2603,4301,386-30.1%
Total4,0642,3033,5121,560-27.3%

Top Export Markets for Liqueurs and Cordials from Ukraine in 2022:

  1. Germany (50.9K litres)
  2. Lithuania (6.9K litres)
  3. Taiwan (Chinese) (6.7K litres)
  4. Switzerland (1.9K litres)

Source: IndexBox Market Intelligence Platform

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