Price for Wine; Still, in Containers Holding 2 Litres or Less in Spain - 2023
Contents:
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Spain (FOB) - 2023
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Spain (CIF) - 2023
- Exports of Wine; Still, in Containers Holding 2 Litres or Less in Spain
- Imports of Wine; Still, in Containers Holding 2 Litres or Less in Spain
Price for Wine; Still, in Containers Holding 2 Litres or Less in Spain (FOB) - 2023
The average export price for wine; still, in containers holding 2 litres or lesses stood at $3.4 per litre in November 2023, waning by -3.3% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +2.0%. The pace of growth appeared the most rapid in September 2023 an increase of 32% month-to-month. Over the period under review, the average export prices hit record highs at $3.5 per litre in October 2023, and then dropped modestly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($13.8 per litre), while the average price for exports to Portugal ($865 per thousand litres) 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 Portugal (+4.1%), 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 Spain (CIF) - 2023
In November 2023, the average import price for wine; still, in containers holding 2 litres or lesses amounted to $5.8 per litre, rising by 5.3% against the previous month. In general, the import price continues to indicate a modest increase. The pace of growth appeared the most rapid in February 2023 an increase of 23% m-o-m. The import price peaked at $6.8 per litre in May 2023; however, from June 2023 to November 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was France ($8.9 per litre), while the price for Portugal ($3.5 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 (+4.6%), 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 Spain
In 2022, exports of wine; still, in containers holding 2 litres or lesses from Spain fell to 722M litres, waning by -8.5% compared with the previous year. In general, exports showed a slight slump. The growth pace was the most rapid in 2021 when exports increased by 5.8% against the previous year. As a result, the exports reached the peak of 789M litres, and then dropped in the following year.
In value terms, exports of wine; still, in containers holding 2 litres or lesses reduced to $2B in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 13%. As a result, the exports attained the peak of $2.2B, and then shrank in the following year.
| Export of Wine; Still, in Containers Holding 2 Litres or Less in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 247 | 234 | 275 | 271 | 3.1% |
| United Kingdom | 266 | 313 | 346 | 255 | -1.4% |
| Germany | 214 | 220 | 243 | 196 | -2.9% |
| Switzerland | 113 | 126 | 142 | 138 | 6.9% |
| Netherlands | 98.7 | 127 | 116 | 107 | 2.7% |
| Canada | 96.8 | 106 | 117 | 101 | 1.4% |
| Mexico | 66.1 | 49.5 | 61.9 | 77.8 | 5.6% |
| China | 130 | 90.7 | 120 | 69.7 | -18.8% |
| France | 63.4 | 61.0 | 67.1 | 67.6 | 2.2% |
| Japan | 52.3 | 46.3 | 50.9 | 52.6 | 0.2% |
| Portugal | 45.8 | 43.1 | 48.3 | 50.4 | 3.2% |
| Russia | 16.2 | 16.6 | 19.0 | 29.2 | 21.7% |
| Italy | 8.8 | 9.5 | 14.9 | 12.6 | 12.7% |
| Others | 500 | 514 | 593 | 551 | 3.3% |
| Total | 1,918 | 1,957 | 2,214 | 1,980 | 1.1% |
Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from Spain in 2022:
- Germany (86.4M litres)
- Portugal (84.9M litres)
- United Kingdom (83.2M litres)
- France (49.5M litres)
- United States (44.3M litres)
- Netherlands (42.0M litres)
- China (25.8M litres)
- Russia (20.2M litres)
- Mexico (19.1M litres)
- Japan (19.0M litres)
- Canada (18.7M litres)
- Italy (16.3M litres)
- Switzerland (14.3M litres)
Imports of Wine; Still, in Containers Holding 2 Litres or Less in Spain
Imports of wine; still, in containers holding 2 litres or lesses into Spain was estimated at 30M litres in 2022, increasing by 11% on the year before. The total import volume increased at an average annual rate of +5.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 27%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, imports of wine; still, in containers holding 2 litres or lesses expanded sharply to $127M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +10.6% 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 +68.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 59% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Wine; Still, in Containers Holding 2 Litres or Less in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 25.6 | 21.0 | 43.9 | 46.0 | 21.6% |
| Italy | 22.6 | 16.8 | 24.9 | 29.1 | 8.8% |
| Portugal | 11.8 | 11.7 | 17.0 | 17.5 | 14.0% |
| Germany | 4.6 | 5.1 | 5.3 | 6.9 | 14.5% |
| United Kingdom | 12.9 | 8.6 | 8.0 | 6.7 | -19.6% |
| Argentina | 2.8 | 2.2 | 3.6 | 5.0 | 21.3% |
| Others | 14.0 | 10.1 | 17.1 | 16.3 | 5.2% |
| Total | 94.3 | 75.5 | 120 | 127 | 10.4% |
Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to Spain in 2022:
- Italy (10.0M litres)
- Portugal (7.4M litres)
- France (5.8M litres)
- Germany (2.3M litres)
- United Kingdom (1.6M litres)
- Argentina (0.9M litres)
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