Price for Wine; Still, in Containers Holding 2 Litres or Less in Malaysia - 2024
Contents:
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Malaysia (CIF) - 2022
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Malaysia (FOB) - 2022
- Imports of Wine; Still, in Containers Holding 2 Litres or Less in Malaysia
- Exports of Wine; Still, in Containers Holding 2 Litres or Less in Malaysia
Price for Wine; Still, in Containers Holding 2 Litres or Less in Malaysia (CIF) - 2022
In 2022, the average import price for wine; still, in containers holding 2 litres or lesses amounted to $9.3 per litre, rising by 45% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 50%. Over the period under review, average import prices attained the maximum at $11 per litre in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($14 per litre), while the price for South Africa ($1.9 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+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 Malaysia (FOB) - 2022
The average export price for wine; still, in containers holding 2 litres or lesses stood at $15 per litre in 2022, increasing by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 27%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($25 per litre), while the average price for exports to China ($4.9 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 Hong Kong SAR (+8.8%), 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 Malaysia
In 2022, approx. 13M litres of wine; still, in containers holding 2 litres or lesses were imported into Malaysia; increasing by 8.8% against the previous year. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 78% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of wine; still, in containers holding 2 litres or lesses soared to $118M in 2022. Over the period under review, imports recorded a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Wine; Still, in Containers Holding 2 Litres or Less in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 29.0 | 28.6 | 31.8 | 57.5 | 25.6% |
| France | 15.6 | 12.6 | 19.6 | 22.5 | 13.0% |
| Chile | 6.4 | 4.4 | 4.6 | 9.2 | 12.9% |
| Italy | 4.2 | 3.6 | 4.3 | 7.1 | 19.1% |
| United States | 3.5 | 2.0 | 2.8 | 4.5 | 8.7% |
| Singapore | 1.9 | 1.2 | 2.5 | 3.3 | 20.2% |
| Spain | 14.1 | 1.4 | 2.0 | 2.8 | -41.7% |
| Argentina | 1.3 | 0.7 | 1.4 | 2.6 | 26.0% |
| Others | 6.1 | 4.1 | 5.9 | 8.7 | 12.6% |
| Total | 82.3 | 58.7 | 74.9 | 118 | 12.8% |
Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to Malaysia in 2022:
- Australia (4.2M litres)
- France (1.6M litres)
- Chile (1.6M litres)
- Spain (1.0M litres)
- Italy (0.9M litres)
- Singapore (0.6M litres)
- Argentina (0.6M litres)
- United States (0.4M litres)
Exports of Wine; Still, in Containers Holding 2 Litres or Less in Malaysia
After two years of decline, shipments abroad of wine; still, in containers holding 2 litres or lesses increased by 126% to 915K litres in 2022. In general, exports, however, showed a abrupt contraction. The exports peaked at 1.6M litres in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of wine; still, in containers holding 2 litres or lesses surged to $14M in 2022. Overall, exports, however, saw a drastic downturn. The exports peaked at $17M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Wine; Still, in Containers Holding 2 Litres or Less in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 7.3 | 6.2 | 1.9 | 6.3 | -4.8% |
| Hong Kong SAR | 4.5 | 8.0 | 2.5 | 5.8 | 8.8% |
| Singapore | 0.9 | 1.0 | 0.3 | 0.9 | 0.0% |
| China | 1.7 | 0.2 | N/A | 0.5 | -33.5% |
| Vietnam | 0.2 | N/A | N/A | 0.2 | 0.0% |
| Others | 2.5 | 1.1 | 0.5 | 0.4 | -45.7% |
| Total | 17.1 | 16.5 | 5.3 | 14.1 | -6.2% |
Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from Malaysia in 2022:
- Thailand (475.9K litres)
- Hong Kong SAR (233.9K litres)
- China (96.9K litres)
- Singapore (77.5K litres)
- Vietnam (15.1K litres)
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