Price for Wine; Still, in Containers Holding More than 2 Litres in Angola - 2022

Contents:

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

Price for Wine; Still, in Containers Holding More than 2 Litres in Angola (CIF) - 2022

In December 2022, the average import price for wine; still, in containers holding more than 2 litreses amounted to $1.3 per litre, growing by 4.6% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 30% m-o-m. Over the period under review, average import prices attained the peak figure at $1.3 per litre in January 2022; afterwards, it flattened through to December 2022.

There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Portugal ($1.3 per litre), while the price for Spain ($717 per thousand litres) was amongst the lowest.

From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Portugal (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Wine; Still, in Containers Holding More than 2 Litres in Angola (FOB) - 2022

The average export price for wine; still, in containers holding more than 2 litreses stood at $2 per litre in 2022, jumping by 63% against the previous year. Over the period under review, the export price, however, recorded a abrupt decrease. Over the period under review, the average export prices reached the maximum at $8.1 per litre in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($2 per litre), while the average price for exports to Congo stood at $1.9 per litre.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+12.4%).

Imports of Wine; Still, in Containers Holding More than 2 Litres in Angola

In 2022, purchases abroad of wine; still, in containers holding more than 2 litreses was finally on the rise to reach 27M litres for the first time since 2019, thus ending a two-year declining trend. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of wine; still, in containers holding more than 2 litreses surged to $31M in 2022. Over the period under review, imports saw a strong 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 More than 2 Litres in Angola (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal15.514.812.428.422.4%
Spain2.51.21.21.9-8.7%
Others0.90.30.20.5-17.8%
Total18.916.413.830.817.7%

Top Suppliers of Wine; Still, in Containers Holding More than 2 Litres to Angola in 2022:

  1. Portugal (24.3M litres)
  2. Spain (2.5M litres)

Exports of Wine; Still, in Containers Holding More than 2 Litres in Angola

In 2022, shipments abroad of wine; still, in containers holding more than 2 litreses decreased by -63.3% to 24K litres, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 58%. As a result, the exports reached the peak of 169K litres. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of wine; still, in containers holding more than 2 litreses reduced remarkably to $50K in 2022. Over the period under review, exports continue to indicate a sharp descent. The pace of growth was the most pronounced in 2020 when exports increased by 23% against the previous year. As a result, the exports reached the peak of $171K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Wine; Still, in Containers Holding More than 2 Litres in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo13816579.549.1-29.1%
Others1.36.13.60.6-22.7%
Total13917183.149.7-29.0%

Top Export Markets for Wine; Still, in Containers Holding More than 2 Litres from Angola in 2022:

  1. Democratic Republic of the Congo (24.2K litres)

Source: IndexBox Market Intelligence Platform

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