Price for Wine; Still, in Containers Holding More than 2 Litres in New Zealand - 2024
Contents:
- Price for Wine; Still, in Containers Holding More than 2 Litres in New Zealand (FOB) - 2024
- Price for Wine; Still, in Containers Holding More than 2 Litres in New Zealand (CIF) - 2022
- Exports of Wine; Still, in Containers Holding More than 2 Litres in New Zealand
- Imports of Wine; Still, in Containers Holding More than 2 Litres in New Zealand
Price for Wine; Still, in Containers Holding More than 2 Litres in New Zealand (FOB) - 2024
The average export price for wine; still, in containers holding more than 2 litreses stood at $2.8 per litre in January 2024, remaining constant against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in July 2023 when the average export price increased by 6.8% month-to-month. The export price peaked at $3.2 per litre in January 2023; however, from February 2023 to January 2024, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In January 2024, the highest price was recorded for prices to Germany ($2.9 per litre) and the UK ($2.9 per litre), while the average price for exports to the United States ($2.7 per litre) and Australia ($2.8 per litre) were amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.4%), while the prices for the other major destinations experienced a decline.
Price for Wine; Still, in Containers Holding More than 2 Litres in New Zealand (CIF) - 2022
The average import price for wine; still, in containers holding more than 2 litreses stood at $1.1 per litre in 2022, approximately equating the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 30% against the previous year. Over the period under review, average import prices reached the peak figure at $1.1 per litre in 2012; afterwards, it flattened through to 2022.
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 the United States ($1.7 per litre), while the price for South Africa ($0.9 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-0.2%), while the prices for the other major suppliers experienced a decline.
Exports of Wine; Still, in Containers Holding More than 2 Litres in New Zealand
Exports of wine; still, in containers holding more than 2 litreses from New Zealand expanded rapidly to 124M litres in 2022, surging by 6.5% compared with 2021 figures. The total export volume increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 26% against the previous year. As a result, the exports reached the peak of 138M litres. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of wine; still, in containers holding more than 2 litreses expanded remarkably to $372M in 2022. The total export value increased at an average annual rate of +10.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 27%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Wine; Still, in Containers Holding More than 2 Litres in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 54.4 | 104 | 104 | 130 | 33.7% |
| United Kingdom | 98.6 | 128 | 117 | 115 | 5.3% |
| United States | 74.0 | 67.6 | 77.8 | 74.4 | 0.2% |
| Germany | 22.1 | 28.9 | 26.1 | 29.4 | 10.0% |
| France | 12.1 | 13.3 | 10.0 | 12.8 | 1.9% |
| Others | 18.1 | 13.0 | 11.7 | 10.3 | -17.1% |
| Total | 279 | 355 | 347 | 372 | 10.1% |
Top Export Markets for Wine; Still, in Containers Holding More than 2 Litres from New Zealand in 2022:
- Australia (41.0M litres)
- United Kingdom (37.9M litres)
- United States (29.3M litres)
- Germany (9.1M litres)
- France (4.0M litres)
Imports of Wine; Still, in Containers Holding More than 2 Litres in New Zealand
Imports of wine; still, in containers holding more than 2 litreses into New Zealand rose remarkably to 18M litres in 2022, increasing by 14% on the year before. Over the period under review, imports, however, recorded a slight decline. Imports peaked at 20M litres in 2020; however, from 2021 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 $19M in 2022. Overall, imports, however, saw a mild descent. Over the period under review, imports of hit record highs at $20M in 2020; however, from 2021 to 2022, imports remained at a lower figure.
| Import of Wine; Still, in Containers Holding More than 2 Litres in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 16.1 | 15.3 | 13.4 | 14.2 | -4.1% |
| South Africa | 0.5 | 0.8 | 2.0 | 3.1 | 83.7% |
| United States | 0.2 | 0.4 | 0.5 | 0.6 | 44.2% |
| Chile | 1.7 | 1.9 | 0.6 | 0.4 | -38.3% |
| Argentina | 0.9 | 0.9 | 0.1 | N/A | -66.7% |
| Others | 0.6 | 0.8 | 0.2 | 0.7 | 5.3% |
| Total | 19.9 | 20.1 | 16.8 | 19.1 | -1.4% |
Top Suppliers of Wine; Still, in Containers Holding More than 2 Litres to New Zealand in 2022:
- Australia (13.5M litres)
- South Africa (3.5M litres)
- United States (0.4M litres)
- Chile (0.4M litres)
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