Price for Wine; Still, in Containers Holding 2 Litres or Less in Canada - 2023
Contents:
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Canada (CIF) - 2023
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Canada (FOB) - 2023
- Imports of Wine; Still, in Containers Holding 2 Litres or Less in Canada
- Exports of Wine; Still, in Containers Holding 2 Litres or Less in Canada
Price for Wine; Still, in Containers Holding 2 Litres or Less in Canada (CIF) - 2023
In December 2023, the average import price for wine; still, in containers holding 2 litres or lesses amounted to $6.9 per litre, remaining stable against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 5.4% against the previous month. As a result, import price attained the peak level of $7.2 per litre. From August 2023 to December 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($8.7 per litre), while the price for Chile ($3.8 per litre) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.1%), 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 Canada (FOB) - 2023
In December 2023, the average export price for wine; still, in containers holding 2 litres or lesses amounted to $11.7 per litre, shrinking by -66.6% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in October 2023 when the average export price increased by 211% m-o-m. As a result, the export price reached the peak level of $41.0 per litre. From November 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was Denmark ($78.2 per litre), while the average price for exports to the United States ($5.0 per litre) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+25.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wine; Still, in Containers Holding 2 Litres or Less in Canada
Imports of wine; still, in containers holding 2 litres or lesses into Canada amounted to 282M litres in 2022, growing by 2% on the previous year. Over the period under review, imports saw a relatively flat trend pattern. Imports peaked at 285M litres in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, imports of wine; still, in containers holding 2 litres or lesses reached $1.9B in 2022. The total import value increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 12%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Wine; Still, in Containers Holding 2 Litres or Less in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 370 | 393 | 451 | 451 | 6.8% |
| France | 351 | 362 | 443 | 421 | 6.2% |
| Italy | 350 | 347 | 390 | 402 | 4.7% |
| Australia | 136 | 128 | 120 | 135 | -0.2% |
| New Zealand | 94.8 | 94.5 | 93.4 | 116 | 7.0% |
| Spain | 99.5 | 107 | 124 | 108 | 2.8% |
| Chile | 77.8 | 75.5 | 75.3 | 80.0 | 0.9% |
| Argentina | 69.5 | 67.3 | 68.7 | 72.5 | 1.4% |
| Others | 120 | 121 | 136 | 132 | 3.2% |
| Total | 1,668 | 1,694 | 1,901 | 1,918 | 4.8% |
Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to Canada in 2022:
- Italy (61.0M litres)
- France (53.0M litres)
- United States (51.5M litres)
- Australia (24.8M litres)
- Chile (19.7M litres)
- Spain (18.7M litres)
- New Zealand (14.7M litres)
- Argentina (12.9M litres)
Exports of Wine; Still, in Containers Holding 2 Litres or Less in Canada
Exports of wine; still, in containers holding 2 litres or lesses from Canada expanded rapidly to 913K litres in 2022, increasing by 11% compared with 2021 figures. Overall, exports, however, faced a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. The exports peaked at 1.4M litres in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of wine; still, in containers holding 2 litres or lesses stood at $26M in 2022. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 69%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Wine; Still, in Containers Holding 2 Litres or Less in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.7 | 2.2 | 9.0 | 13.2 | 4.1% |
| China | 7.1 | 5.6 | 6.0 | 5.3 | -9.3% |
| United Kingdom | 0.9 | 1.2 | 1.1 | 1.3 | 13.0% |
| South Korea | 1.5 | 0.9 | 0.9 | 1.3 | -4.7% |
| Japan | 0.7 | 0.5 | 0.9 | 0.9 | 8.7% |
| Hong Kong SAR | 0.7 | 0.8 | 2.3 | 0.8 | 4.6% |
| Taiwan (Chinese) | 0.4 | 0.2 | 0.4 | 0.4 | 0.0% |
| France | 0.3 | 0.1 | 0.4 | 0.4 | 10.1% |
| Netherlands | 0.6 | 0.8 | 0.1 | 0.1 | -45.0% |
| Others | 1.5 | 1.2 | 1.3 | 1.9 | 8.2% |
| Total | 25.4 | 13.3 | 22.5 | 25.6 | 0.3% |
Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from Canada in 2022:
- United States (365.2K litres)
- China (293.2K litres)
- United Kingdom (69.0K litres)
- Japan (37.7K litres)
- South Korea (30.8K litres)
- Hong Kong SAR (19.0K litres)
- France (18.5K litres)
- Taiwan (Chinese) (15.2K litres)
- Netherlands (5.4K litres)
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