Price for Wine; Still, in Containers Holding 2 Litres or Less in Argentina - 2023
Contents:
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Argentina (FOB) - 2022
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Argentina (CIF) - 2022
- Exports of Wine; Still, in Containers Holding 2 Litres or Less in Argentina
- Imports of Wine; Still, in Containers Holding 2 Litres or Less in Argentina
Price for Wine; Still, in Containers Holding 2 Litres or Less in Argentina (FOB) - 2022
In 2022, the average export price for wine; still, in containers holding 2 litres or lesses amounted to $3.9 per litre, increasing by 2.7% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 7.1% against the previous year. Over the period under review, the average export prices attained the peak figure at $4.1 per litre in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
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 China ($5 per litre), while the average price for exports to Paraguay ($1.6 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 Paraguay (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wine; Still, in Containers Holding 2 Litres or Less in Argentina (CIF) - 2022
The average import price for wine; still, in containers holding 2 litres or lesses stood at $16 per litre in 2022, with an increase of 7.8% against the previous year. Over the period under review, the import price showed a prominent increase. The most prominent rate of growth was recorded in 2021 an increase of 50%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.
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 Chile ($24 per litre), while the price for Israel ($9.6 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wine; Still, in Containers Holding 2 Litres or Less in Argentina
After three years of growth, overseas shipments of wine; still, in containers holding 2 litres or lesses decreased by -4.7% to 191M litres in 2022. The total export 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 recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 5.3% against the previous year. Over the period under review, the exports of reached the maximum at 201M litres in 2021, and then fell in the following year.
In value terms, exports of wine; still, in containers holding 2 litres or lesses contracted modestly to $737M in 2022. The total export value increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, the exports reached the peak of $753M, and then declined in the following year.
| Export of Wine; Still, in Containers Holding 2 Litres or Less in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 234 | 217 | 227 | 220 | -2.0% |
| Brazil | 56.1 | 65.0 | 81.2 | 84.6 | 14.7% |
| United Kingdom | 91.4 | 93.8 | 94.7 | 80.7 | -4.1% |
| Canada | 59.5 | 54.6 | 65.2 | 48.5 | -6.6% |
| Mexico | 19.4 | 17.3 | 22.6 | 27.9 | 12.9% |
| Netherlands | 25.0 | 30.2 | 25.3 | 24.6 | -0.5% |
| Colombia | 10.7 | 11.2 | 10.8 | 16.6 | 15.8% |
| Peru | 12.3 | 11.4 | 13.1 | 15.8 | 8.7% |
| China | 22.5 | 15.6 | 23.9 | 15.6 | -11.5% |
| Paraguay | 13.1 | 12.4 | 16.1 | 14.0 | 2.2% |
| Russia | 10.2 | 8.3 | 9.5 | 6.9 | -12.2% |
| Others | 156 | 142 | 164 | 182 | 5.3% |
| Total | 710 | 679 | 753 | 737 | 1.3% |
Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from Argentina in 2022:
- United States (50.0M litres)
- Brazil (27.4M litres)
- United Kingdom (22.8M litres)
- Canada (10.8M litres)
- Paraguay (8.8M litres)
- Mexico (8.2M litres)
- Netherlands (7.0M litres)
- Colombia (5.3M litres)
- Peru (3.6M litres)
- China (3.1M litres)
- Russia (2.5M litres)
Imports of Wine; Still, in Containers Holding 2 Litres or Less in Argentina
In 2022, supplies from abroad of wine; still, in containers holding 2 litres or lesses was finally on the rise to reach 181K litres after two years of decline. In general, imports, however, saw a mild slump. Imports peaked at 191K litres in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of wine; still, in containers holding 2 litres or lesses soared to $2.9M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 31%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Wine; Still, in Containers Holding 2 Litres or Less in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 794 | 745 | 1,061 | 1,603 | 26.4% |
| Italy | 140 | 187 | 247 | 306 | 29.8% |
| France | 196 | 162 | 125 | 277 | 12.2% |
| Israel | 63.5 | 96.5 | 116 | 180 | 41.5% |
| Spain | 175 | 136 | 551 | 166 | -1.7% |
| Uruguay | 12.0 | 47.4 | 16.7 | 158 | 136.1% |
| Portugal | 74.4 | 2.9 | 32.8 | 56.3 | -8.9% |
| Armenia | N/A | 38.7 | N/A | 19.5 | -29.0% |
| United Arab Emirates | 235 | 14.6 | 20.1 | N/A | -70.8% |
| Others | 44.1 | 280 | 78.9 | 98.6 | 30.8% |
| Total | 1,734 | 1,711 | 2,248 | 2,865 | 18.2% |
Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to Argentina in 2022:
- Chile (67.7K litres)
- France (25.4K litres)
- Italy (25.3K litres)
- Israel (18.7K litres)
- Uruguay (16.0K litres)
- Spain (10.8K litres)
- Portugal (4.9K litres)
- Armenia (4.5K litres)
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