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

Contents:

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

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

The average import price for wine; still, in containers holding more than 2 litreses stood at $5.8 per litre in 2022, picking up by 267% against the previous year. In general, the import price posted a resilient expansion. As a result, import price reached 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 ($15 per litre), while the price for Spain ($1.6 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+24.5%), 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 Nepal (FOB) - 2022

In 2021, the average export price for wine; still, in containers holding more than 2 litreses amounted to $2.7 per litre, remaining constant against the previous year. Over the period under review, the export price showed perceptible growth. The growth pace was the most rapid in 2015 when the average export price increased by 15% against the previous year. As a result, the export price reached the peak level of $3.1 per litre. From 2016 to 2021, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to +4.9% per year.

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

In 2022, the amount of wine; still, in containers holding more than 2 litreses imported into Nepal dropped significantly to 3.3K litres, waning by -88.6% against the previous year. Over the period under review, imports recorded a dramatic curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 479% against the previous year. Over the period under review, imports of hit record highs at 61K 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 shrank rapidly to $19K in 2022. Overall, imports showed a sharp shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 320% against the previous year. Imports peaked at $102K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Wine; Still, in Containers Holding More than 2 Litres in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France26.14.08.817.6-12.3%
Italy1.4N/A0.51.3-2.4%
Spain17.91.91.8N/A-68.3%
South Africa12.5N/AN/AN/A0%
Australia36.90.425.3N/A-17.2%
Others7.04.58.9N/A12.8%
Total10210.845.318.9-43.0%

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

  1. France (3.1K litres)
  2. Italy (0.1K litres)

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

In 2021, approx. 14K litres of wine; still, in containers holding more than 2 litreses were exported from Nepal; standing approx. at the year before. Overall, exports saw a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of wine; still, in containers holding more than 2 litreses stood at $37K in 2021. In general, exports saw significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the peak figure in 2021 and are likely to continue growth in years to come.

Export of Wine; Still, in Containers Holding More than 2 Litres in Nepal (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
AustraliaN/AN/A37.20%
United Kingdom7.2N/AN/A0%
Others7.4N/AN/A0%
Total14.6N/A37.259.6%

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

  1. Australia (13.7K litres)

Source: IndexBox Market Intelligence Platform

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