Price for Wine; Still, in Containers Holding 2 Litres or Less in South Africa - 2024
Contents:
- Price for Wine; Still, in Containers Holding 2 Litres or Less in South Africa (FOB) - 2024
- Price for Wine; Still, in Containers Holding 2 Litres or Less in South Africa (CIF) - 2024
- Exports of Wine; Still, in Containers Holding 2 Litres or Less in South Africa
- Imports of Wine; Still, in Containers Holding 2 Litres or Less in South Africa
Price for Wine; Still, in Containers Holding 2 Litres or Less in South Africa (FOB) - 2024
The average export price for wine; still, in containers holding 2 litres or lesses stood at $3.1 per litre in January 2024, increasing by 3.9% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 when the average export price increased by 31% month-to-month. As a result, the export price reached the peak level of $3.8 per litre. From August 2023 to January 2024, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In January 2024, the country with the highest price was the United States ($6.0 per litre), while the average price for exports to Namibia ($1.7 per litre) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.1%), 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 South Africa (CIF) - 2024
In January 2024, the average import price for wine; still, in containers holding 2 litres or lesses amounted to $10.9 per litre, with an increase of 124% against the previous month. Overall, the import price enjoyed a temperate increase. The growth pace was the most rapid in May 2023 an increase of 162% against the previous month. The import price peaked at $13.0 per litre in June 2023; however, from July 2023 to January 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($38.7 per litre), while the price for Germany ($2.5 per litre) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by France (+1.4%), 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 South Africa
In 2022, the amount of wine; still, in containers holding 2 litres or lesses exported from South Africa declined significantly to 158M litres, dropping by -17.1% on 2021. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 28%. As a result, the exports reached the peak of 190M litres, and then fell rapidly in the following year.
In value terms, exports of wine; still, in containers holding 2 litres or lesses contracted to $468M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 18% against the previous year. As a result, the exports attained the peak of $504M, and then reduced in the following year.
| Export of Wine; Still, in Containers Holding 2 Litres or Less in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 78.9 | 83.5 | 110 | 90.1 | 4.5% |
| Netherlands | 45.4 | 47.9 | 48.0 | 41.9 | -2.6% |
| United States | 34.7 | 33.2 | 39.8 | 39.8 | 4.7% |
| Germany | 43.0 | 41.1 | 41.1 | 34.8 | -6.8% |
| Canada | 28.0 | 26.4 | 28.3 | 26.3 | -2.1% |
| Namibia | 28.3 | 26.7 | 32.8 | 25.9 | -2.9% |
| China | 22.4 | 16.8 | 26.5 | 17.9 | -7.2% |
| Belgium | 15.0 | 15.0 | 16.3 | 14.9 | -0.2% |
| Nigeria | 3.8 | 4.0 | 13.7 | 11.9 | 46.3% |
| Sweden | 11.6 | 12.9 | 11.6 | 11.8 | 0.6% |
| Tanzania | 7.4 | 5.9 | 8.7 | 10.7 | 13.1% |
| Latvia | 3.1 | 4.2 | 2.7 | 7.5 | 34.2% |
| Russia | 10.0 | 9.3 | 10.9 | 7.1 | -10.8% |
| Others | 128 | 99.1 | 114 | 127 | -0.3% |
| Total | 460 | 426 | 504 | 468 | 0.6% |
Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from South Africa in 2022:
- United Kingdom (29.6M litres)
- Germany (17.3M litres)
- Namibia (15.5M litres)
- Netherlands (15.3M litres)
- United States (8.8M litres)
- Canada (6.3M litres)
- China (5.6M litres)
- Nigeria (4.8M litres)
- Tanzania (4.3M litres)
- Belgium (4.1M litres)
- Russia (3.7M litres)
- Sweden (3.3M litres)
- Latvia (3.1M litres)
Imports of Wine; Still, in Containers Holding 2 Litres or Less in South Africa
In 2022, approx. 957K litres of wine; still, in containers holding 2 litres or lesses were imported into South Africa; with an increase of 14% on 2021. Over the period under review, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Over the period under review, imports of reached the maximum at 1.6M litres in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of wine; still, in containers holding 2 litres or lesses expanded sharply to $7.8M in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Wine; Still, in Containers Holding 2 Litres or Less in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3,231 | 3,245 | 3,967 | 4,055 | 7.9% |
| Italy | 1,748 | 734 | 918 | 1,294 | -9.5% |
| Portugal | 707 | 600 | 786 | 1,234 | 20.4% |
| Spain | 266 | 330 | 484 | 504 | 23.7% |
| Argentina | 284 | 53.9 | 118 | 105 | -28.2% |
| Australia | 94.2 | 47.6 | 4.3 | 103 | 3.0% |
| United States | 120 | 40.9 | 82.3 | 74.6 | -14.7% |
| Chile | 181 | 14.7 | 84.0 | 32.0 | -43.9% |
| United Arab Emirates | 702 | 91.7 | 13.9 | N/A | -85.9% |
| Others | 373 | 570 | 454 | 370 | -0.3% |
| Total | 7,706 | 5,728 | 6,911 | 7,771 | 0.3% |
Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to South Africa in 2022:
- Portugal (329.1K litres)
- Italy (201.7K litres)
- France (186.6K litres)
- Spain (97.1K litres)
- Australia (28.4K litres)
- Argentina (22.2K litres)
- United States (21.9K litres)
- Chile (10.4K litres)
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