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

Contents:

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

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

In 2022, the average import price for wine; still, in containers holding more than 2 litreses amounted to $0.7 per litre, declining by -3% against the previous year. In general, the import price continues to indicate a perceptible descent. The growth pace was the most rapid in 2018 an increase of 27%. Over the period under review, average import prices reached the maximum at $1 per litre in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($1.9 per litre), while the price for Hungary ($0.4 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for wine; still, in containers holding more than 2 litreses amounted to $1.7 per litre, increasing by 2.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices hit record highs at $1.8 per litre in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($2.2 per litre), while the average price for exports to Kazakhstan ($1.1 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+1.0%), 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 Lithuania

In 2022, overseas purchases of wine; still, in containers holding more than 2 litreses were finally on the rise to reach 12M litres after two years of decline. In general, imports, however, showed a abrupt curtailment. Over the period under review, imports of attained the maximum at 19M litres in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of wine; still, in containers holding more than 2 litreses stood at $7.7M in 2022. Overall, imports, however, continue to indicate a abrupt slump. Over the period under review, imports of reached the peak figure at $10M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Wine; Still, in Containers Holding More than 2 Litres in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3.52.72.63.4-1.0%
Spain1.00.91.81.821.6%
Hungary4.02.60.90.8-41.5%
France0.30.30.40.410.1%
Moldova0.40.70.50.40.0%
Slovakia0.50.40.50.3-15.7%
Others0.50.50.60.66.3%
Total10.18.17.37.7-8.6%

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

  1. Italy (4.7M litres)
  2. Spain (3.4M litres)
  3. Hungary (2.1M litres)
  4. Moldova (0.7M litres)
  5. Slovakia (0.3M litres)
  6. France (0.2M litres)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of wine; still, in containers holding more than 2 litreses, when their volume decreased by -15.9% to 657K litres. The total export volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 29%. As a result, the exports reached the peak of 781K litres, and then declined sharply in the following year.

In value terms, exports of wine; still, in containers holding more than 2 litreses shrank to $1.1M in 2022. The total export value increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. As a result, the exports attained the peak of $1.3M, and then contracted in the following year.

Export of Wine; Still, in Containers Holding More than 2 Litres in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia5286068926165.3%
Latvia2892542953344.9%
Kazakhstan0.6N/A13.768.1384.2%
Belarus27.836.424.943.816.4%
Estonia16.39.528.643.538.7%
Kyrgyzstan49.05.95.54.1-56.3%
Others50.626.641.29.6-42.5%
Total9629381,3011,1195.2%

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

  1. Russia (392.3K litres)
  2. Latvia (151.0K litres)
  3. Kazakhstan (61.1K litres)
  4. Belarus (23.3K litres)
  5. Estonia (20.9K litres)
  6. Kyrgyzstan (2.9K litres)

Source: IndexBox Market Intelligence Platform

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