Price for Wine; Still, in Containers Holding 2 Litres or Less in Hungary - 2023
Contents:
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Hungary (FOB) - 2023
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Hungary (CIF) - 2023
- Exports of Wine; Still, in Containers Holding 2 Litres or Less in Hungary
- Imports of Wine; Still, in Containers Holding 2 Litres or Less in Hungary
Price for Wine; Still, in Containers Holding 2 Litres or Less in Hungary (FOB) - 2023
The average export price for wine; still, in containers holding 2 litres or lesses stood at $1.6 per litre in November 2023, leveling off at the previous month. Over the period under review, the export price, however, continues to indicate a slight contraction. The most prominent rate of growth was recorded in January 2023 an increase of 24% against the previous month. Over the period under review, the average export prices attained the peak figure at $2.5 per litre in September 2023; however, from October 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Belgium ($2.3 per litre), while the average price for exports to Slovenia ($541 per thousand litres) 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 Poland (+2.7%), 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 Hungary (CIF) - 2023
The average import price for wine; still, in containers holding 2 litres or lesses stood at $1.5 per litre in November 2023, waning by -33.1% against the previous month. In general, the import price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 104% m-o-m. As a result, import price attained the peak level of $3.1 per litre. From April 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($7.3 per litre), while the price for Germany ($709 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 Slovakia (+6.9%), 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 Hungary
In 2022, shipments abroad of wine; still, in containers holding 2 litres or lesses decreased by -4.3% to 33M litres, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +1.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 10% against the previous year. As a result, the exports reached the peak of 35M litres. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of wine; still, in containers holding 2 litres or lesses fell to $62M in 2022. The total export value increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 when exports increased by 10% against the previous year. As a result, the exports reached the peak of $69M, and then contracted in the following year.
| Export of Wine; Still, in Containers Holding 2 Litres or Less in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 10.4 | 9.0 | 9.2 | 7.5 | -10.3% |
| Czech Republic | 8.2 | 8.1 | 7.9 | 7.3 | -3.8% |
| Belgium | 0.1 | 0.1 | 2.0 | 6.9 | 310.2% |
| Germany | 6.4 | 7.2 | 7.0 | 6.3 | -0.5% |
| Poland | 4.6 | 4.4 | 4.8 | 3.6 | -7.8% |
| United Kingdom | 8.5 | 11.7 | 11.7 | 3.2 | -27.8% |
| China | 3.9 | 3.1 | 3.0 | 3.2 | -6.4% |
| France | 1.8 | 1.9 | 2.9 | 2.9 | 17.2% |
| Romania | 1.3 | 1.4 | 1.6 | 2.0 | 15.4% |
| Austria | 1.1 | 1.7 | 1.6 | 1.8 | 17.8% |
| Serbia | 0.3 | 0.5 | 0.4 | 0.7 | 32.6% |
| Slovenia | 0.9 | 0.7 | 0.8 | 0.7 | -8.0% |
| Croatia | 0.4 | 0.4 | 0.3 | 0.3 | -9.1% |
| Others | 11.1 | 12.3 | 15.3 | 15.4 | 11.5% |
| Total | 58.9 | 62.3 | 68.6 | 61.9 | 1.7% |
Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from Hungary in 2022:
- Slovakia (7.1M litres)
- Czech Republic (6.2M litres)
- Belgium (4.0M litres)
- Germany (3.6M litres)
- Poland (2.1M litres)
- Romania (1.9M litres)
- Serbia (0.9M litres)
- Slovenia (0.9M litres)
- United Kingdom (0.8M litres)
- France (0.7M litres)
- Austria (0.7M litres)
- Croatia (0.5M litres)
- China (0.5M litres)
Imports of Wine; Still, in Containers Holding 2 Litres or Less in Hungary
In 2022, after three years of growth, there was significant decline in supplies from abroad of wine; still, in containers holding 2 litres or lesses, when their volume decreased by -5.5% to 6.2M litres. The total import volume increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, imports attained the peak of 6.5M litres, and then contracted in the following year.
In value terms, imports of wine; still, in containers holding 2 litres or lesses declined modestly to $11M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 3.2% against the previous year. Imports peaked at $12M in 2021, and then shrank modestly in the following year.
| Import of Wine; Still, in Containers Holding 2 Litres or Less in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3.2 | 3.5 | 3.6 | 3.3 | 1.0% |
| Germany | 2.8 | 3.0 | 3.0 | 2.9 | 1.2% |
| France | 1.1 | 1.2 | 1.6 | 1.6 | 13.3% |
| Slovakia | 0.9 | 1.2 | 0.9 | 0.9 | 0.0% |
| Greece | 0.4 | 0.3 | 0.5 | 0.5 | 7.7% |
| Spain | 0.7 | 0.6 | 0.6 | 0.4 | -17.0% |
| Others | 2.0 | 1.7 | 1.6 | 1.8 | -3.5% |
| Total | 11.1 | 11.5 | 11.8 | 11.4 | 0.9% |
Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to Hungary in 2022:
- Germany (3470.8K litres)
- Italy (1213.4K litres)
- Slovakia (524.3K litres)
- France (296.5K litres)
- Greece (232.5K litres)
- Spain (142.1K litres)
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