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

Contents:

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

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

In 2022, the average import price for wine; still, in containers holding more than 2 litreses amounted to $1.3 per litre, picking up by 45% against the previous year. Overall, the import price posted a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($2 per litre), while the price for Uzbekistan ($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 South Africa (+8.7%), 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 Russia (FOB) - 2022

In 2022, the average export price for wine; still, in containers holding more than 2 litreses amounted to $1.5 per litre, shrinking by -13.9% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 247%. As a result, the export price attained the peak level of $8.9 per litre. From 2016 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($2 per litre), while the average price for exports to South Korea stood at $1.6 per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+32.7%), 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 Russia

In 2022, approx. 4.1M litres of wine; still, in containers holding more than 2 litreses were imported into Russia; falling by -65.9% compared with the previous year. Over the period under review, imports saw a sharp curtailment. The smallest decline of -63.9% was in 2021. Over the period under review, imports of attained the maximum at 183M 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 declined significantly to $5.3M in 2022. In general, imports continue to indicate a dramatic decline. Over the period under review, imports of reached the peak figure at $100M 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 Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania0.50.60.90.50.0%
Italy1.20.70.80.4-30.7%
Spain33.55.71.50.4-77.1%
AzerbaijanN/AN/A0.40.3-25.0%
Latvia0.30.20.30.30.0%
South Africa9.81.61.00.2-72.7%
Moldova10.62.50.20.2-73.4%
Argentina2.30.4N/AN/A-82.6%
Uzbekistan2.30.8N/AN/A-65.2%
Others39.29.75.43.0-57.5%
Total99.722.210.75.3-62.4%

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

  1. Azerbaijan (643.0K litres)
  2. Moldova (352.7K litres)
  3. Spain (333.3K litres)
  4. Lithuania (317.5K litres)
  5. Italy (301.3K litres)
  6. South Africa (142.8K litres)
  7. Latvia (130.7K litres)
  8. Uzbekistan (24.0K litres)

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

In 2022, overseas shipments of wine; still, in containers holding more than 2 litreses decreased by -11.7% to 6.8K litres, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a precipitous decline. The most prominent rate of growth was recorded in 2020 when exports increased by 28%. As a result, the exports reached the peak of 207K 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 dropped sharply to $10K in 2022. Overall, exports saw a sharp reduction. The smallest decline of -7.3% was in 2020. The exports peaked at $171K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Wine; Still, in Containers Holding More than 2 Litres in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea0.3N/A3.56.8183.0%
Estonia0.74.48.80.3-24.6%
Kazakhstan20.619.0N/AN/A-7.8%
China7.93.3N/AN/A-58.2%
United Kingdom22.8N/AN/AN/A0%
Ukraine34.4N/AN/AN/A0%
Others84.01321.33.2-66.4%
Total17115813.510.3-60.8%

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

  1. South Korea (4.4K litres)
  2. Estonia (0.1K litres)

Source: IndexBox Market Intelligence Platform

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