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

Contents:

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

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

In 2022, the average import price for wine; still, in containers holding 2 litres or lesses amounted to $4.2 per litre, increasing by 3.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 18%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Argentina ($4.2 per litre) and Australia ($4.2 per litre), while the price for France ($4.2 per litre) and Chile ($4.2 per litre) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+2.2%), 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 Vietnam (FOB) - 2022

The average export price for wine; still, in containers holding 2 litres or lesses stood at $4.9 per litre in 2022, growing by 8.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2021 when the average export price increased by 9.1% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Cambodia ($4.9 per litre) and France ($4.9 per litre), while the average price for exports to Singapore ($4.9 per litre) and Thailand ($4.9 per litre) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of wine; still, in containers holding 2 litres or lesses into Vietnam surged to 6.4M litres in 2022, growing by 52% on the previous year's figure. In general, imports saw a relatively flat trend pattern. 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 $27M in 2022. Over the period under review, imports recorded a temperate 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 Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy6.14.26.49.917.5%
France5.02.84.46.06.3%
Chile5.62.82.34.6-6.3%
Australia2.41.01.83.07.7%
Spain0.90.60.81.210.1%
United States0.50.20.30.711.9%
Argentina0.50.20.20.4-7.2%
South Africa0.90.20.20.3-30.7%
Others1.70.60.81.0-16.2%
Total23.712.617.327.04.4%

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

  1. Italy (2347.1K litres)
  2. France (1427.8K litres)
  3. Chile (1076.6K litres)
  4. Australia (701.3K litres)
  5. Spain (272.2K litres)
  6. United States (171.4K litres)
  7. Argentina (94.1K litres)
  8. South Africa (68.3K litres)

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

In 2022, the amount of wine; still, in containers holding 2 litres or lesses exported from Vietnam fell significantly to 13K litres, reducing by -80.7% compared with the previous year. In general, exports faced a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 498%. As a result, the exports reached the peak of 67K litres, and then fell remarkably in the following year.

In value terms, exports of wine; still, in containers holding 2 litres or lesses dropped dramatically to $63K in 2022. Over the period under review, exports showed a significant curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 552% against the previous year. As a result, the exports reached the peak of $300K, and then declined markedly in the following year.

Export of Wine; Still, in Containers Holding 2 Litres or Less in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lao People's Democratic RepublicN/AN/A19.329.251.3%
Japan33.917.217.912.4-28.5%
Thailand9.619.718.49.2-1.4%
South KoreaN/AN/AN/A6.00%
Singapore1.0N/A0.62.535.7%
France34.22.6N/A2.3-59.3%
Cambodia11.84.617.21.2-53.3%
Hong Kong SARN/AN/A194N/A0%
China10.51.925.2N/A54.9%
India18.4N/AN/AN/A0%
Others10.6N/A7.1N/A-18.2%
Total13046.030062.9-21.5%

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

  1. Lao People's Democratic Republic (6.0K litres)
  2. Japan (2.6K litres)
  3. Thailand (1.9K litres)
  4. South Korea (1.2K litres)
  5. Singapore (0.5K litres)
  6. France (0.5K litres)
  7. Cambodia (0.3K litres)

Source: IndexBox Market Intelligence Platform

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