Price for Wine; Still, in Containers Holding More than 2 Litres in Italy - 2023

Contents:

  1. Price for Wine; Still, in Containers Holding More than 2 Litres in Italy (FOB) - 2023
  2. Price for Wine; Still, in Containers Holding More than 2 Litres in Italy (CIF) - 2022
  3. Exports of Wine; Still, in Containers Holding More than 2 Litres in Italy
  4. Imports of Wine; Still, in Containers Holding More than 2 Litres in Italy

Price for Wine; Still, in Containers Holding More than 2 Litres in Italy (FOB) - 2023

In November 2023, the average export price for wine; still, in containers holding more than 2 litreses amounted to $977 per thousand litres, growing by 5.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 11% m-o-m. The export price peaked at $1.2 per litre in May 2023; however, from June 2023 to November 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($2.6 per litre), while the average price for exports to Germany ($626 per thousand litres) 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 Switzerland (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for wine; still, in containers holding more than 2 litreses stood at $0.5 per litre in 2022, with an increase of 7.9% against the previous year. In general, the import price, however, continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2013 when the average import price increased by 33%. As a result, import price reached the peak level of $0.9 per litre. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2.7 per litre), while the price for South Africa ($0.3 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, after two years of decline, there was growth in shipments abroad of wine; still, in containers holding more than 2 litreses, when their volume increased by 1.3% to 429M litres. Overall, exports, however, saw a noticeable shrinkage. Over the period under review, the exports of attained the maximum at 497M 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 declined to $439M in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 1.1%. As a result, the exports reached the peak of $441M, leveling off in the following year.

Export of Wine; Still, in Containers Holding More than 2 Litres in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany157156146149-1.7%
Sweden39.043.543.438.5-0.4%
France27.920.425.233.05.8%
United Kingdom25.227.835.232.48.7%
United States21.026.130.028.110.2%
Switzerland35.932.932.928.0-8.0%
Norway18.631.728.322.87.0%
Austria11.710.611.214.98.4%
Denmark14.112.514.812.1-5.0%
Canada6.711.99.710.415.8%
Czech Republic9.19.08.79.30.7%
Others66.853.655.259.7-3.7%
Total4334364414390.5%

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

  1. Germany (226.8M litres)
  2. France (40.3M litres)
  3. United Kingdom (24.7M litres)
  4. Sweden (20.0M litres)
  5. Austria (18.7M litres)
  6. Switzerland (15.6M litres)
  7. Czech Republic (11.8M litres)
  8. Norway (8.9M litres)
  9. Denmark (7.6M litres)
  10. Canada (7.4M litres)
  11. United States (7.4M litres)

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

In 2022, overseas purchases of wine; still, in containers holding more than 2 litreses decreased by -21.8% to 183M litres for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a strong expansion. The growth pace was the most rapid in 2021 with an increase of 83% against the previous year. As a result, imports attained the peak of 234M litres, and then fell significantly in the following year.

In value terms, imports of wine; still, in containers holding more than 2 litreses fell significantly to $84M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.6% 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 increased by +42.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 45% against the previous year. As a result, imports reached the peak of $99M, and then reduced sharply in the following year.

Import of Wine; Still, in Containers Holding More than 2 Litres in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain44.547.973.263.412.5%
France6.58.67.99.915.1%
South AfricaN/A0.65.75.6205.5%
Austria1.11.52.20.7-14.0%
Others6.59.610.24.0-14.9%
Total58.668.299.283.712.6%

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

  1. Spain (151.4M litres)
  2. South Africa (17.2M litres)
  3. France (9.2M litres)
  4. Austria (2.0M litres)

Source: IndexBox Market Intelligence Platform

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