Price for Wine; Still, in Containers Holding 2 Litres or Less in Belgium - 2023

Contents:

  1. Price for Wine; Still, in Containers Holding 2 Litres or Less in Belgium (CIF) - 2023
  2. Price for Wine; Still, in Containers Holding 2 Litres or Less in Belgium (FOB) - 2023
  3. Imports of Wine; Still, in Containers Holding 2 Litres or Less in Belgium
  4. Exports of Wine; Still, in Containers Holding 2 Litres or Less in Belgium

Price for Wine; Still, in Containers Holding 2 Litres or Less in Belgium (CIF) - 2023

In November 2023, the average import price for wine; still, in containers holding 2 litres or lesses amounted to $5.4 per litre, rising by 6.3% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in September 2023 an increase of 28% m-o-m. As a result, import price reached the peak level of $5.7 per litre. From October 2023 to November 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($6.2 per litre), while the price for Hungary ($2.1 per litre) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wine; Still, in Containers Holding 2 Litres or Less in Belgium (FOB) - 2023

The average export price for wine; still, in containers holding 2 litres or lesses stood at $4.2 per litre in November 2023, declining by -11% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 an increase of 15% m-o-m. Over the period under review, the average export prices attained the maximum at $4.7 per litre in October 2023, and then declined in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Luxembourg ($6.2 per litre), while the average price for exports to the United States ($2.5 per litre) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Wine; Still, in Containers Holding 2 Litres or Less in Belgium

In 2022, approx. 218M litres of wine; still, in containers holding 2 litres or lesses were imported into Belgium; increasing by 5% on the previous year. The total import volume increased at an average annual rate of +5.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 14%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of wine; still, in containers holding 2 litres or lesses dropped to $878M in 2022. The total import value increased at an average annual rate of +7.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 27%. As a result, imports attained the peak of $960M, and then declined in the following year.

Import of Wine; Still, in Containers Holding 2 Litres or Less in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3963915094484.2%
Italy79.395.713213017.9%
Netherlands47.378.796.474.916.6%
Spain41.041.046.545.43.5%
Portugal45.046.350.642.3-2.0%
Germany29.927.232.034.95.3%
Chile19.415.414.913.7-10.9%
Hungary0.40.42.68.3174.8%
Others51.958.376.180.915.9%
Total7117549608787.3%

Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to Belgium in 2022:

  1. France (99.8M litres)
  2. Italy (38.5M litres)
  3. Netherlands (15.0M litres)
  4. Germany (14.8M litres)
  5. Spain (13.4M litres)
  6. Portugal (11.2M litres)
  7. Hungary (4.8M litres)
  8. Chile (4.3M litres)

Exports of Wine; Still, in Containers Holding 2 Litres or Less in Belgium

For the fourth year in a row, Belgium recorded growth in overseas shipments of wine; still, in containers holding 2 litres or lesses, which increased by 0.2% to 95M litres in 2022. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 232%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of wine; still, in containers holding 2 litres or lesses dropped to $395M in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 217% against the previous year. As a result, the exports reached the peak of $404M, and then shrank slightly in the following year.

Export of Wine; Still, in Containers Holding 2 Litres or Less in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom5.013.0277253269.9%
Netherlands32.937.635.340.16.8%
Luxembourg16.219.117.816.20.0%
United States4.16.15.24.53.2%
Others38.351.968.781.528.6%
Total96.512840439560.0%

Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from Belgium in 2022:

  1. United Kingdom (73.5M litres)
  2. Netherlands (9.3M litres)
  3. Luxembourg (3.3M litres)
  4. United States (0.7M litres)

Source: IndexBox Market Intelligence Platform

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Free Data: Wine; still, in containers holding 2 litres or less - Belgium