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

Contents:

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

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

In November 2023, the average import price for wine; still, in containers holding 2 litres or lesses amounted to $2.2 per litre, with an increase of 15% against the previous month. Over the period under review, import price indicated a mild expansion from November 2022 to November 2023: its price increased at an average monthly rate of +1.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for wine; still, in containers holding 2 litres or lesses decreased by -3.2% against September 2023 indices. The most prominent rate of growth was recorded in February 2023 an increase of 27% month-to-month. The import price peaked at $2.7 per litre in June 2023; however, from July 2023 to November 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($6.7 per litre), while the price for Hungary ($735 per thousand litres) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Serbia (+3.6%), 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 Croatia (FOB) - 2023

The average export price for wine; still, in containers holding 2 litres or lesses stood at $5.0 per litre in November 2023, with a decrease of -10.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 23% against the previous month. Over the period under review, the average export prices hit record highs at $6.0 per litre in April 2023; however, from May 2023 to November 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Switzerland ($16.7 per litre), while the average price for exports to Bosnia and Herzegovina ($3.8 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 Sweden (+6.6%), 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 Croatia

In 2022, after three years of growth, there was significant decline in purchases abroad of wine; still, in containers holding 2 litres or lesses, when their volume decreased by -10.1% to 13M litres. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 5.9%. Imports peaked at 14M litres in 2021, and then dropped in the following year.

In value terms, imports of wine; still, in containers holding 2 litres or lesses contracted to $22M in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 25%. As a result, imports attained the peak of $23M, and then declined in the following year.

Import of Wine; Still, in Containers Holding 2 Litres or Less in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
North Macedonia5.75.66.35.3-2.4%
France2.22.24.33.718.9%
Italy1.82.02.93.322.4%
Bosnia and Herzegovina2.21.82.12.1-1.5%
Germany1.31.01.21.30.0%
Slovenia1.31.51.31.2-2.6%
Spain0.50.50.80.921.6%
KosovoN/A0.91.00.8-5.7%
Serbia1.20.70.80.8-12.6%
Czech Republic0.30.40.30.30.0%
Hungary0.50.40.30.3-15.7%
Others1.41.31.61.76.7%
Total18.318.423.021.75.8%

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

  1. North Macedonia (5.2M litres)
  2. Bosnia and Herzegovina (2.0M litres)
  3. Kosovo (1.2M litres)
  4. Italy (0.8M litres)
  5. Hungary (0.7M litres)
  6. France (0.6M litres)
  7. Serbia (0.5M litres)
  8. Germany (0.5M litres)
  9. Slovenia (0.3M litres)
  10. Czech Republic (0.2M litres)
  11. Spain (0.2M litres)

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

Exports of wine; still, in containers holding 2 litres or lesses from Croatia expanded significantly to 4.2M litres in 2022, surging by 7.3% on the year before. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 32%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of wine; still, in containers holding 2 litres or lesses rose to $19M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 49% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Wine; Still, in Containers Holding 2 Litres or Less in Croatia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina5.64.46.36.76.2%
Germany2.52.12.92.50.0%
United States1.01.11.81.514.5%
Montenegro1.10.71.11.48.4%
Serbia0.90.71.21.313.0%
Slovenia1.00.30.60.9-3.5%
Switzerland0.40.50.50.931.0%
Austria0.50.50.50.50.0%
Poland0.30.30.1N/A-42.3%
Others2.11.83.43.113.9%
Total15.512.318.318.96.8%

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

  1. Bosnia and Herzegovina (2063.1K litres)
  2. Germany (652.3K litres)
  3. United States (237.2K litres)
  4. Montenegro (233.9K litres)
  5. Slovenia (204.3K litres)
  6. Serbia (174.3K litres)
  7. Austria (103.3K litres)
  8. Switzerland (88.6K litres)
  9. Poland (16.2K litres)

Source: IndexBox Market Intelligence Platform

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