Price for Wine; Still, in Containers Holding 2 Litres or Less in Sri Lanka - 2022

Contents:

  1. Price for Wine; Still, in Containers Holding 2 Litres or Less in Sri Lanka (CIF) - 2022
  2. Price for Wine; Still, in Containers Holding 2 Litres or Less in Sri Lanka (FOB) - 2022
  3. Imports of Wine; Still, in Containers Holding 2 Litres or Less in Sri Lanka
  4. Exports of Wine; Still, in Containers Holding 2 Litres or Less in Sri Lanka

Price for Wine; Still, in Containers Holding 2 Litres or Less in Sri Lanka (CIF) - 2022

The average import price for wine; still, in containers holding 2 litres or lesses stood at $4.6 per litre in 2022, rising by 4.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The pace of growth appeared the most rapid in 2017 an increase of 19% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

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 New Zealand ($9.3 per litre), while the price for Spain ($1.7 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.2%), 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 Sri Lanka (FOB) - 2022

The average export price for wine; still, in containers holding 2 litres or lesses stood at $2.7 per litre in 2022, falling by -27.9% against the previous year. Overall, the export price saw a noticeable decline. The pace of growth was the most pronounced in 2020 when the average export price increased by 62% against the previous year. As a result, the export price attained the peak level of $5.5 per litre. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($8 per litre), while the average price for exports to Maldives ($1.8 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 the United Arab Emirates (+17.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Wine; Still, in Containers Holding 2 Litres or Less in Sri Lanka

In 2022, imports of wine; still, in containers holding 2 litres or lesses into Sri Lanka rose rapidly to 1.4M litres, growing by 7.6% against 2021 figures. The total import volume increased at an average annual rate of +3.0% from 2019 to 2022; however, 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 25% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of wine; still, in containers holding 2 litres or lesses expanded sharply to $6.6M in 2022. The total import value increased at an average annual rate of +6.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 22%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Wine; Still, in Containers Holding 2 Litres or Less in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France5806069051,48436.8%
Chile7795345961,10512.4%
Australia6893993981,07415.9%
Italy4434384951,00931.6%
South Africa46637743177118.3%
Spain14776.723035033.5%
New Zealand91.160.112632452.6%
United Arab Emirates6518275763.5-82.5%
Others1,6281,4652,071457-34.5%
Total5,4744,7845,8286,5776.3%

Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to Sri Lanka in 2022:

  1. Chile (310.3K litres)
  2. South Africa (209.1K litres)
  3. Australia (208.3K litres)
  4. Spain (204.8K litres)
  5. Italy (194.4K litres)
  6. France (167.2K litres)
  7. New Zealand (34.9K litres)
  8. United Arab Emirates (0.8K litres)

Exports of Wine; Still, in Containers Holding 2 Litres or Less in Sri Lanka

Exports of wine; still, in containers holding 2 litres or lesses from Sri Lanka skyrocketed to 812K litres in 2022, jumping by 396% against the previous year. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of wine; still, in containers holding 2 litres or lesses skyrocketed to $2.2M in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Wine; Still, in Containers Holding 2 Litres or Less in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Maldives256N/A2101,27170.6%
India18816838885865.9%
Czech Republic14.818.313.6N/A-4.1%
Others0.223.80.762.8579.7%
Total4592106132,19268.4%

Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from Sri Lanka in 2022:

  1. Maldives (695.6K litres)
  2. India (106.6K litres)

Source: IndexBox Market Intelligence Platform

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Free Data: Wine; still, in containers holding 2 litres or less - Sri Lanka