Price for Wine; Still, in Containers Holding 2 Litres or Less in Italy - 2023
Contents:
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Italy (FOB) - 2023
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Italy (CIF) - 2023
- Exports of Wine; Still, in Containers Holding 2 Litres or Less in Italy
- Imports of Wine; Still, in Containers Holding 2 Litres or Less in Italy
Price for Wine; Still, in Containers Holding 2 Litres or Less in Italy (FOB) - 2023
The average export price for wine; still, in containers holding 2 litres or lesses stood at $5.1 per litre in November 2023, falling by -4.5% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in September 2023 when the average export price increased by 6.5% month-to-month. The export price peaked at $5.3 per litre in October 2023, and then dropped slightly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($8.2 per litre), while the average price for exports to Russia ($3.2 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 Belgium (+1.9%), 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 Italy (CIF) - 2023
In November 2023, the average import price for wine; still, in containers holding 2 litres or lesses amounted to $8.3 per litre, shrinking by -2.8% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 200% month-to-month. Over the period under review, average import prices reached the maximum at $10.4 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 ($12.3 per litre), while the price for Bulgaria ($547 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 Chile (+5.6%), 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 Italy
Exports of wine; still, in containers holding 2 litres or lesses from Italy declined modestly to 1.2B litres in 2022, falling by -4% compared with 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 5.5%. As a result, the exports reached the peak of 1.3B litres, and then reduced modestly in the following year.
In value terms, exports of wine; still, in containers holding 2 litres or lesses contracted to $5.5B in 2022. The total export value increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 15% against the previous year. As a result, the exports reached the peak of $5.8B, and then reduced in the following year.
| Export of Wine; Still, in Containers Holding 2 Litres or Less in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,261 | 1,205 | 1,422 | 1,363 | 2.6% |
| Germany | 878 | 932 | 1,023 | 920 | 1.6% |
| United Kingdom | 409 | 415 | 437 | 401 | -0.7% |
| Canada | 330 | 337 | 385 | 375 | 4.4% |
| Switzerland | 321 | 332 | 375 | 337 | 1.6% |
| Netherlands | 157 | 196 | 233 | 214 | 10.9% |
| France | 126 | 115 | 149 | 158 | 7.8% |
| Japan | 152 | 131 | 137 | 158 | 1.3% |
| Belgium | 103 | 126 | 163 | 153 | 14.1% |
| Denmark | 138 | 150 | 166 | 139 | 0.2% |
| Sweden | 112 | 117 | 128 | 122 | 2.9% |
| Russia | 80.2 | 79.2 | 90.6 | 83.4 | 1.3% |
| Austria | 75.1 | 76.3 | 78.1 | 79.3 | 1.8% |
| Others | 808 | 841 | 1,038 | 1,000 | 7.4% |
| Total | 4,950 | 5,054 | 5,823 | 5,503 | 3.6% |
Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from Italy in 2022:
- Germany (250.3M litres)
- United States (243.8M litres)
- United Kingdom (132.6M litres)
- Canada (62.5M litres)
- Netherlands (53.0M litres)
- Switzerland (43.0M litres)
- Belgium (39.4M litres)
- Japan (34.9M litres)
- Russia (32.4M litres)
- France (26.7M litres)
- Denmark (25.7M litres)
- Sweden (23.2M litres)
- Austria (21.4M litres)
Imports of Wine; Still, in Containers Holding 2 Litres or Less in Italy
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 -24.3% to 17M litres. Over the period under review, imports saw a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. As a result, imports attained the peak of 22M litres, and then contracted sharply in the following year.
In value terms, imports of wine; still, in containers holding 2 litres or lesses contracted slightly to $108M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48%. As a result, imports attained the peak of $110M, and then fell modestly in the following year.
| Import of Wine; Still, in Containers Holding 2 Litres or Less in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 33.6 | 32.9 | 54.7 | 59.8 | 21.2% |
| Portugal | 7.2 | 8.0 | 9.4 | 9.9 | 11.2% |
| Spain | 8.2 | 8.3 | 11.0 | 7.5 | -2.9% |
| Germany | 5.4 | 7.0 | 12.6 | 6.8 | 8.0% |
| Netherlands | 1.2 | 1.4 | 1.9 | 3.0 | 35.7% |
| Austria | 2.7 | 2.7 | 3.7 | 2.0 | -9.5% |
| Chile | 1.3 | 1.1 | 1.4 | 1.4 | 2.5% |
| Others | 18.1 | 12.8 | 15.4 | 17.2 | -1.7% |
| Total | 77.6 | 74.2 | 110 | 108 | 11.6% |
Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to Italy in 2022:
- France (6.3M litres)
- Spain (3.8M litres)
- Portugal (2.6M litres)
- Germany (1.2M litres)
- Austria (0.5M litres)
- Netherlands (0.4M litres)
- Chile (0.4M litres)
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