Price for Wine; Still, in Containers Holding More than 2 Litres in Estonia - 2023
Contents:
- Price for Wine; Still, in Containers Holding More than 2 Litres in Estonia (CIF) - 2023
- Price for Wine; Still, in Containers Holding More than 2 Litres in Estonia (FOB) - 2023
- Imports of Wine; Still, in Containers Holding More than 2 Litres in Estonia
- Exports of Wine; Still, in Containers Holding More than 2 Litres in Estonia
Price for Wine; Still, in Containers Holding More than 2 Litres in Estonia (CIF) - 2023
The average import price for wine; still, in containers holding more than 2 litreses stood at $2.1 per litre in November 2023, approximately mirroring the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in April 2023 an increase of 21% against the previous month. As a result, import price reached the peak level of $2.2 per litre. From May 2023 to November 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Sweden ($3.0 per litre), while the price for Latvia ($1.3 per litre) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by France (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wine; Still, in Containers Holding More than 2 Litres in Estonia (FOB) - 2023
The average export price for wine; still, in containers holding more than 2 litreses stood at $3.6 per litre in November 2023, picking up by 6% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in August 2023 an increase of 6.9% month-to-month. The export price peaked in November 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Finland ($3.8 per litre), while the average price for exports to Lithuania ($2.0 per litre) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+2.3%), 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 Estonia
In 2022, overseas purchases of wine; still, in containers holding more than 2 litreses were finally on the rise to reach 4.7M litres after two years of decline. Over the period under review, imports, however, recorded a abrupt downturn. Imports peaked at 5.8M litres in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of wine; still, in containers holding more than 2 litreses shrank to $8.9M in 2022. In general, imports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 2% against the previous year. Imports peaked at $11M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Wine; Still, in Containers Holding More than 2 Litres in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 3.2 | 1,202 | 1,384 | 1,444 | 667.0% |
| Germany | 858 | 1,537 | 1,512 | 1,162 | 10.6% |
| Spain | 1,697 | 1,254 | 1,072 | 1,098 | -13.5% |
| Italy | 1,048 | 756 | 1,130 | 1,097 | 1.5% |
| France | 1,844 | 1,167 | 1,043 | 1,034 | -17.5% |
| Sweden | 13.7 | 397 | 457 | 686 | 268.6% |
| Denmark | 100 | 614 | 748 | 685 | 89.9% |
| Chile | 2,335 | 868 | 651 | 573 | -37.4% |
| Romania | 330 | 356 | 267 | 341 | 1.1% |
| Latvia | 4.4 | 431 | 309 | 334 | 323.4% |
| South Africa | 754 | 121 | 117 | 81.0 | -52.5% |
| Australia | 1,053 | N/A | 57.2 | 56.7 | -62.2% |
| Others | 687 | 153 | 288 | 355 | -19.8% |
| Total | 10,726 | 8,855 | 9,036 | 8,946 | -5.9% |
Top Suppliers of Wine; Still, in Containers Holding More than 2 Litres to Estonia in 2022:
- Spain (751.1K litres)
- France (650.2K litres)
- Germany (646.5K litres)
- Finland (599.2K litres)
- Italy (440.0K litres)
- Denmark (369.3K litres)
- Chile (279.9K litres)
- Sweden (273.8K litres)
- Latvia (238.8K litres)
- Romania (223.5K litres)
- South Africa (43.7K litres)
- Australia (29.6K litres)
Exports of Wine; Still, in Containers Holding More than 2 Litres in Estonia
In 2022, exports of wine; still, in containers holding more than 2 litreses from Estonia fell to 866K litres, waning by -6% compared with the previous year's figure. Overall, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 14%. Over the period under review, the exports of hit record highs at 1.5M 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 more than 2 litreses shrank to $2.7M in 2022. In general, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 18%. Over the period under review, the exports of attained the peak figure at $4.2M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Wine; Still, in Containers Holding More than 2 Litres in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 3,327 | 1,951 | 2,426 | 2,322 | -11.3% |
| Latvia | 516 | 295 | 232 | 178 | -29.9% |
| Sweden | 227 | 145 | 162 | 103 | -23.2% |
| Lithuania | 47.3 | 31.1 | 31.5 | 40.3 | -5.2% |
| Others | 131 | 63.0 | 80.5 | 65.4 | -20.7% |
| Total | 4,248 | 2,485 | 2,932 | 2,709 | -13.9% |
Top Export Markets for Wine; Still, in Containers Holding More than 2 Litres from Estonia in 2022:
- Finland (665.8K litres)
- Latvia (94.5K litres)
- Sweden (50.7K litres)
- Lithuania (19.1K litres)
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