Price for Wine; Still, in Containers Holding 2 Litres or Less in Serbia - 2023
Contents:
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Serbia (CIF) - 2023
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Serbia (FOB) - 2023
- Imports of Wine; Still, in Containers Holding 2 Litres or Less in Serbia
- Exports of Wine; Still, in Containers Holding 2 Litres or Less in Serbia
Price for Wine; Still, in Containers Holding 2 Litres or Less in Serbia (CIF) - 2023
The average import price for wine; still, in containers holding 2 litres or lesses stood at $2.6 per litre in December 2023, dropping by -11.2% against the previous month. In general, the import price, however, showed a temperate expansion. The most prominent rate of growth was recorded in January 2023 an increase of 207% month-to-month. As a result, import price reached the peak level of $5.8 per litre. From February 2023 to December 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was France ($13.4 per litre), while the price for Hungary ($830 per thousand litres) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by France (+13.8%), 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 Serbia (FOB) - 2023
The average export price for wine; still, in containers holding 2 litres or lesses stood at $2.3 per litre in December 2023, picking up by 8.7% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 when the average export price increased by 24% against the previous month. As a result, the export price reached the peak level of $2.7 per litre. From August 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was the United States ($5.2 per litre), while the average price for exports to Russia ($1.4 per litre) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+2.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wine; Still, in Containers Holding 2 Litres or Less in Serbia
Imports of wine; still, in containers holding 2 litres or lesses into Serbia shrank to 11M litres in 2022, which is down by -6.6% compared with the previous year. Overall, imports saw a noticeable contraction. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. Over the period under review, imports of hit record highs at 11M 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 declined to $28M in 2022. The total import value increased at an average annual rate of +5.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. As a result, imports attained the peak of $29M, and then declined in the following year.
| Import of Wine; Still, in Containers Holding 2 Litres or Less in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 7.0 | 5.1 | 6.9 | 7.1 | 0.5% |
| North Macedonia | 7.8 | 6.5 | 8.4 | 6.5 | -5.9% |
| Italy | 2.5 | 2.9 | 3.9 | 4.2 | 18.9% |
| France | 1.9 | 2.1 | 4.8 | 3.5 | 22.6% |
| Hungary | 0.5 | 0.5 | 0.7 | 1.3 | 37.5% |
| Spain | 0.6 | 1.0 | 1.0 | 1.2 | 26.0% |
| Moldova | 0.4 | 0.3 | 0.5 | 0.5 | 7.7% |
| Others | 2.4 | 2.7 | 3.2 | 3.3 | 11.2% |
| Total | 23.2 | 21.1 | 29.4 | 27.5 | 5.8% |
Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to Serbia in 2022:
- Montenegro (3.2M litres)
- North Macedonia (2.7M litres)
- Hungary (1.5M litres)
- Italy (1.0M litres)
- Spain (0.6M litres)
- France (0.5M litres)
- Moldova (0.3M litres)
Exports of Wine; Still, in Containers Holding 2 Litres or Less in Serbia
In 2022, exports of wine; still, in containers holding 2 litres or lesses from Serbia rose significantly to 11M litres, increasing by 11% compared with 2021 figures. In general, exports, however, recorded a noticeable downturn. The exports peaked at 12M 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 soared to $20M in 2022. The total export value increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 18%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Export of Wine; Still, in Containers Holding 2 Litres or Less in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 7.2 | 7.1 | 6.5 | 7.6 | 1.8% |
| Bosnia and Herzegovina | 4.7 | 3.0 | 4.4 | 4.4 | -2.2% |
| Montenegro | 1.8 | 1.2 | 1.9 | 2.4 | 10.1% |
| China | 0.8 | 0.8 | 0.7 | 1.4 | 20.5% |
| Croatia | 0.6 | 0.7 | 0.8 | 0.9 | 14.5% |
| Others | 2.3 | 2.2 | 3.2 | 3.6 | 16.1% |
| Total | 17.5 | 14.9 | 17.5 | 20.2 | 4.9% |
Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from Serbia in 2022:
- Russia (6.1M litres)
- Bosnia and Herzegovina (2.2M litres)
- Montenegro (0.9M litres)
- Croatia (0.5M litres)
- China (0.3M litres)
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