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

Contents:

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

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

In 2022, the average import price for wine; still, in containers holding more than 2 litreses amounted to $1.9 per litre, growing by 41% against the previous year. Over the last decade, it increased at an average annual rate of +4.2%. As a result, import price attained 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 2022, amid the top importers, the country with the highest price was Italy ($6.2 per litre), while the price for Spain ($1.1 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for wine; still, in containers holding more than 2 litreses stood at $4.9 per litre in 2022, increasing by 142% against the previous year. Over the period under review, the export price showed a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($6.7 per litre), while the average price for exports to Chile totaled $1.2 per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of wine; still, in containers holding more than 2 litreses decreased by -49.8% to 49K litres, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded prominent growth. The growth pace was the most rapid in 2020 when imports increased by 150% against the previous year. As a result, imports reached the peak of 104K litres. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of wine; still, in containers holding more than 2 litreses shrank remarkably to $95K in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.7% 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 decreased by -30.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 85% against the previous year. As a result, imports attained the peak of $137K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Wine; Still, in Containers Holding More than 2 Litres in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina12.326.828.849.058.5%
Italy1.65.99.233.4175.3%
Spain3.873.522.912.347.9%
Chile4.511.219.3N/A107.1%
France21.43.52.8N/A-63.8%
South AfricaN/AN/A7.2N/A0%
Others30.116.143.6N/A20.4%
Total73.813713494.88.7%

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

  1. Argentina (32.0K litres)
  2. Spain (11.4K litres)
  3. Italy (5.4K litres)

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

In 2022, overseas shipments of wine; still, in containers holding more than 2 litreses were finally on the rise to reach 223 litres for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a dramatic downturn. The exports peaked at 778 litres in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of wine; still, in containers holding more than 2 litreses soared to $1.1K in 2022. Over the period under review, exports, however, saw a noticeable decrease. Over the period under review, the exports of hit record highs at $1.2K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Wine; Still, in Containers Holding More than 2 Litres in Ecuador (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A1,0000%
ChileN/AN/AN/A84.00%
SpainN/AN/A161N/A0%
Switzerland1,196N/AN/AN/A0%
FranceN/A610N/AN/A0%
OthersN/AN/AN/AN/A0%
Total1,1966101611,084-3.2%

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

  1. United States (150.0 litres)
  2. Chile (73.0 litres)

Source: IndexBox Market Intelligence Platform

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