Price for Wine; Still, in Containers Holding 2 Litres or Less in Thailand - 2024
Contents:
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Thailand (CIF) - 2024
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Thailand (FOB) - 2022
- Imports of Wine; Still, in Containers Holding 2 Litres or Less in Thailand
- Exports of Wine; Still, in Containers Holding 2 Litres or Less in Thailand
Price for Wine; Still, in Containers Holding 2 Litres or Less in Thailand (CIF) - 2024
In January 2024, the average import price for wine; still, in containers holding 2 litres or lesses amounted to $11.3 per litre, with an increase of 66% against the previous month. Over the period under review, import price indicated a measured increase from January 2023 to January 2024: its price increased at an average monthly rate of +2.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, import price for wine; still, in containers holding 2 litres or lesses increased by +66.3% against December 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Australia ($18.1 per litre), while the price for Chile ($4.7 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 Australia (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Wine; Still, in Containers Holding 2 Litres or Less in Thailand (FOB) - 2022
The average export price for wine; still, in containers holding 2 litres or lesses stood at $5.1 per litre in 2022, rising by 12% against the previous year. Overall, the export price saw a temperate expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 67% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($8.1 per litre), while the average price for exports to Cambodia ($2.5 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 Lao People's Democratic Republic (+11.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wine; Still, in Containers Holding 2 Litres or Less in Thailand
In 2022, overseas purchases of wine; still, in containers holding 2 litres or lesses increased by 111% to 13M litres for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of wine; still, in containers holding 2 litres or lesses surged to $100M in 2022. In general, imports continue to indicate a significant 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 Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 12.3 | 12.9 | 19.5 | 36.1 | 43.2% |
| France | 12.9 | 10.1 | 10.7 | 29.7 | 32.0% |
| United States | 5.5 | 6.8 | 5.8 | 10.7 | 24.8% |
| Italy | 3.6 | 3.3 | 3.3 | 8.2 | 31.6% |
| Chile | 5.0 | 4.4 | 4.6 | 7.7 | 15.5% |
| New Zealand | 1.9 | 1.4 | 1.3 | 3.5 | 22.6% |
| Spain | 0.9 | 0.8 | 0.8 | 1.8 | 26.0% |
| Others | 2.3 | 1.4 | 1.1 | 2.8 | 6.8% |
| Total | 44.4 | 41.2 | 47.1 | 100 | 31.1% |
Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to Thailand in 2022:
- Australia (4.1M litres)
- France (2.6M litres)
- Italy (2.3M litres)
- Chile (1.9M litres)
- United States (0.8M litres)
- New Zealand (0.5M litres)
- Spain (0.4M litres)
Exports of Wine; Still, in Containers Holding 2 Litres or Less in Thailand
In 2022, after two years of decline, there was significant growth in overseas shipments of wine; still, in containers holding 2 litres or lesses, when their volume increased by 23% to 11M litres. Over the period under review, exports, however, continue to indicate a slight setback. The exports peaked at 12M litres in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of wine; still, in containers holding 2 litres or lesses soared to $57M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Wine; Still, in Containers Holding 2 Litres or Less in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | 3.1 | 16.9 | 19.8 | 30.1 | 113.3% |
| Cambodia | 18.0 | 10.3 | 9.8 | 10.8 | -15.7% |
| Lao People's Democratic Republic | 2.4 | 1.0 | 0.9 | 6.9 | 42.2% |
| South Korea | 1.7 | 0.2 | 0.3 | 0.9 | -19.1% |
| China | 8.2 | 1.0 | 3.2 | 0.7 | -56.0% |
| Netherlands | 1.9 | 0.3 | N/A | 0.1 | -62.5% |
| Taiwan (Chinese) | 0.6 | 0.6 | 0.3 | 0.1 | -45.0% |
| Others | 10.4 | 5.3 | 6.7 | 7.1 | -11.9% |
| Total | 46.3 | 35.7 | 41.1 | 56.6 | 6.9% |
Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from Thailand in 2022:
- Myanmar (5.2M litres)
- Cambodia (4.4M litres)
- Lao People's Democratic Republic (0.8M litres)
- China (0.1M litres)
- South Korea (0.1M litres)
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