Price for Wine; Still, in Containers Holding 2 Litres or Less in Japan - 2023
Contents:
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Japan (CIF) - 2023
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Japan (FOB) - 2022
- Imports of Wine; Still, in Containers Holding 2 Litres or Less in Japan
- Exports of Wine; Still, in Containers Holding 2 Litres or Less in Japan
Price for Wine; Still, in Containers Holding 2 Litres or Less in Japan (CIF) - 2023
The average import price for wine; still, in containers holding 2 litres or lesses stood at $6.5 per litre in November 2023, with a decrease of -4.2% against the previous month. In general, the import price continues to indicate a mild reduction. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 15% m-o-m. Over the period under review, average import prices reached the peak figure at $7.6 per litre in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($18.9 per litre), while the price for Spain ($2.7 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 Germany (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Wine; Still, in Containers Holding 2 Litres or Less in Japan (FOB) - 2022
The average export price for wine; still, in containers holding 2 litres or lesses stood at $21 per litre in 2022, rising by 23% against the previous year. Overall, the export price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2017 an increase of 169%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($50 per litre), while the average price for exports to Cambodia ($1.6 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+9.0%), 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 Japan
In 2022, overseas purchases of wine; still, in containers holding 2 litres or lesses were finally on the rise to reach 166M litres after two years of decline. Overall, imports, however, showed a pronounced decrease. Over the period under review, imports of attained the peak figure at 177M litres in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of wine; still, in containers holding 2 litres or lesses rose significantly to $1.1B in 2022. The total import value increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Wine; Still, in Containers Holding 2 Litres or Less in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 437 | 413 | 463 | 464 | 2.0% |
| Italy | 166 | 142 | 156 | 173 | 1.4% |
| United States | 125 | 111 | 103 | 144 | 4.8% |
| Chile | 140 | 141 | 116 | 123 | -4.2% |
| Spain | 58.4 | 53.6 | 58.8 | 55.7 | -1.6% |
| Australia | 25.7 | 24.9 | 25.4 | 29.5 | 4.7% |
| Germany | 16.6 | 13.9 | 16.7 | 16.5 | -0.2% |
| Others | 52.2 | 45.3 | 49.4 | 52.8 | 0.4% |
| Total | 1,021 | 945 | 988 | 1,059 | 1.2% |
Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to Japan in 2022:
- France (43.8M litres)
- Chile (42.8M litres)
- Italy (33.5M litres)
- Spain (18.7M litres)
- United States (9.0M litres)
- Australia (6.9M litres)
- Germany (2.9M litres)
Exports of Wine; Still, in Containers Holding 2 Litres or Less in Japan
In 2022, overseas shipments of wine; still, in containers holding 2 litres or lesses decreased by -32.4% to 217K litres for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 95% against the previous year. The exports peaked at 321K litres in 2021, and then fell remarkably in the following year.
In value terms, exports of wine; still, in containers holding 2 litres or lesses fell sharply to $4.5M in 2022. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 121%. The exports peaked at $5.4M in 2021, and then declined notably in the following year.
| Export of Wine; Still, in Containers Holding 2 Litres or Less in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 109 | 537 | 1,498 | 1,648 | 147.3% |
| Hong Kong SAR | 412 | 877 | 1,715 | 1,323 | 47.5% |
| Taiwan (Chinese) | 276 | 619 | 791 | 584 | 28.4% |
| Singapore | 62.4 | 157 | 233 | 248 | 58.4% |
| United Kingdom | 70.0 | 53.4 | 99.5 | 84.1 | 6.3% |
| Sweden | 20.9 | 23.9 | 33.9 | 73.4 | 52.0% |
| United States | 20.1 | 172 | 127 | 65.0 | 47.9% |
| Australia | 32.6 | 62.7 | 66.4 | 65.0 | 25.9% |
| Canada | 20.6 | 23.6 | 52.2 | 51.0 | 35.3% |
| Cambodia | N/A | N/A | 15.6 | 8.8 | -43.6% |
| United Arab Emirates | 134 | 139 | 317 | N/A | 53.8% |
| Others | 185 | 299 | 487 | 369 | 25.9% |
| Total | 1,342 | 2,964 | 5,435 | 4,520 | 49.9% |
Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from Japan in 2022:
- Taiwan (Chinese) (78.0K litres)
- China (54.2K litres)
- Hong Kong SAR (26.6K litres)
- Singapore (11.1K litres)
- United Kingdom (8.0K litres)
- Sweden (5.9K litres)
- Cambodia (5.5K litres)
- United States (3.7K litres)
- Australia (3.6K litres)
- Canada (3.3K litres)
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