Price for Wine; Still, in Containers Holding 2 Litres or Less in Lithuania - 2023
Contents:
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Lithuania (CIF) - 2023
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Lithuania (FOB) - 2023
- Imports of Wine; Still, in Containers Holding 2 Litres or Less in Lithuania
- Exports of Wine; Still, in Containers Holding 2 Litres or Less in Lithuania
Price for Wine; Still, in Containers Holding 2 Litres or Less in Lithuania (CIF) - 2023
The average import price for wine; still, in containers holding 2 litres or lesses stood at $3.4 per litre in November 2023, standing approximately at the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in October 2023 an increase of 12% m-o-m. As a result, import price attained the peak level of $3.4 per litre, leveling off in the following month.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was France ($5.5 per litre), while the price for Spain ($2.3 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 France (+3.5%), 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 Lithuania (FOB) - 2023
In November 2023, the average export price for wine; still, in containers holding 2 litres or lesses amounted to $3.3 per litre, rising by 2.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in August 2023 when the average export price increased by 13% against the previous month. The export price peaked in November 2023.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Kazakhstan ($7.1 per litre), while the average price for exports to Russia ($3.1 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 Kazakhstan (+1.9%), 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 Lithuania
For the fourth consecutive year, Lithuania recorded growth in supplies from abroad of wine; still, in containers holding 2 litres or lesses, which increased by 2.5% to 70M litres in 2022. The total import volume increased at an average annual rate of +6.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 13%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of wine; still, in containers holding 2 litres or lesses reduced to $197M in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when imports increased by 11%. Imports peaked at $212M in 2021, and then dropped in the following year.
| Import of Wine; Still, in Containers Holding 2 Litres or Less in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 42.4 | 47.7 | 53.0 | 58.0 | 11.0% |
| France | 51.6 | 53.3 | 63.4 | 49.8 | -1.2% |
| Spain | 39.1 | 40.9 | 40.0 | 32.0 | -6.5% |
| Germany | 15.3 | 17.6 | 21.6 | 16.4 | 2.3% |
| Portugal | 8.0 | 12.5 | 10.7 | 13.9 | 20.2% |
| Austria | 6.0 | 5.8 | 5.8 | 10.0 | 18.6% |
| Chile | 3.1 | 3.2 | 3.5 | 2.9 | -2.2% |
| Others | 12.8 | 16.8 | 14.6 | 13.9 | 2.8% |
| Total | 178 | 198 | 212 | 197 | 3.4% |
Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to Lithuania in 2022:
- Italy (22.6M litres)
- Spain (16.5M litres)
- France (12.1M litres)
- Portugal (6.2M litres)
- Germany (5.6M litres)
- Austria (2.1M litres)
- Chile (1.0M litres)
Exports of Wine; Still, in Containers Holding 2 Litres or Less in Lithuania
Exports of wine; still, in containers holding 2 litres or lesses from Lithuania expanded sharply to 57M litres in 2022, growing by 6.7% on the previous year. The total export volume increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 14%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of wine; still, in containers holding 2 litres or lesses dropped to $157M in 2022. The total export value increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 9.5%. Over the period under review, the exports of hit record highs at $167M in 2021, and then shrank in the following year.
| Export of Wine; Still, in Containers Holding 2 Litres or Less in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 133 | 148 | 151 | 144 | 2.7% |
| Belarus | 4.4 | 3.7 | 4.5 | 3.6 | -6.5% |
| Others | 8.0 | 8.3 | 11.4 | 9.6 | 6.3% |
| Total | 146 | 160 | 167 | 157 | 2.5% |
Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from Lithuania in 2022:
- Russia (54.5M litres)
- Belarus (1.1M litres)
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