Price for Wine; Still, in Containers Holding More than 2 Litres in Myanmar - 2022
Contents:
- Price for Wine; Still, in Containers Holding More than 2 Litres in Myanmar (CIF) - 2022
- Imports of Wine; Still, in Containers Holding More than 2 Litres in Myanmar
Price for Wine; Still, in Containers Holding More than 2 Litres in Myanmar (CIF) - 2022
In 2022, the average import price for wine; still, in containers holding more than 2 litreses amounted to $0.4 per litre, declining by -76.7% against the previous year. Overall, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 113% against the previous year. As a result, import price reached the peak level of $2.2 per litre. From 2019 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for South Africa.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +7.2% per year.
Imports of Wine; Still, in Containers Holding More than 2 Litres in Myanmar
In 2022, overseas purchases of wine; still, in containers holding more than 2 litreses were finally on the rise to reach 510K litres for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded a significant expansion. As a result, imports attained 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 shrank to $183K in 2022. Overall, imports, however, showed a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year. Over the period under review, imports of reached the peak figure at $524K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Wine; Still, in Containers Holding More than 2 Litres in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 16.4 | 35.7 | 4.7 | 179 | 121.8% |
| South Korea | 21.9 | N/A | N/A | N/A | 0% |
| Thailand | 15.8 | 55.5 | 181 | N/A | 238.5% |
| Antigua and Barbuda | 18.0 | N/A | N/A | N/A | 0% |
| China | 42.0 | 23.5 | 7.4 | N/A | -58.0% |
| Singapore | 252 | 38.8 | 8.4 | N/A | -81.7% |
| Italy | 27.2 | 9.0 | 4.0 | N/A | -61.7% |
| Others | 131 | 22.1 | 5.0 | 4.6 | -67.3% |
| Total | 524 | 185 | 210 | 183 | -29.6% |
Top Suppliers of Wine; Still, in Containers Holding More than 2 Litres to Myanmar in 2022:
- South Africa (509.6K litres)
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