Price for Wine; Still, in Containers Holding More than 2 Litres in Serbia - 2023
Contents:
- Price for Wine; Still, in Containers Holding More than 2 Litres in Serbia (CIF) - 2023
- Price for Wine; Still, in Containers Holding More than 2 Litres in Serbia (FOB) - 2023
- Imports of Wine; Still, in Containers Holding More than 2 Litres in Serbia
- Exports of Wine; Still, in Containers Holding More than 2 Litres in Serbia
Price for Wine; Still, in Containers Holding More than 2 Litres in Serbia (CIF) - 2023
The average import price for wine; still, in containers holding more than 2 litreses stood at $705 per thousand litres in December 2023, picking up by 2.9% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in August 2023 when the average import price increased by 33% month-to-month. As a result, import price reached the peak level of $0.8 per litre. From September 2023 to December 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the country with the highest price was North Macedonia ($705 per thousand litres), while the price for Moldova stood at $642 per thousand litres.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by North Macedonia (+0.9%).
Price for Wine; Still, in Containers Holding More than 2 Litres in Serbia (FOB) - 2023
In December 2023, the average export price for wine; still, in containers holding more than 2 litreses amounted to $1.0 per litre, shrinking by -22.2% against the previous month. In general, the export price showed a noticeable decrease. The pace of growth appeared the most rapid in October 2023 an increase of 122% against the previous month. As a result, the export price reached the peak level of $4.8 per litre. From November 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was Bosnia and Herzegovina ($1.9 per litre), while the average price for exports to Montenegro amounted to $656 per thousand litres.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+11.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wine; Still, in Containers Holding More than 2 Litres in Serbia
In 2022, supplies from abroad of wine; still, in containers holding more than 2 litreses decreased by -2.6% to 12M litres, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 27%. As a result, imports reached the peak of 13M litres. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of wine; still, in containers holding more than 2 litreses amounted to $6.4M in 2022. The total import value increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 22%. As a result, imports reached the peak of $6.5M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Wine; Still, in Containers Holding More than 2 Litres in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| North Macedonia | 4.9 | 6.3 | 6.0 | 6.1 | 7.6% |
| Others | 0.4 | 0.2 | 0.3 | 0.2 | -20.6% |
| Total | 5.4 | 6.5 | 6.3 | 6.4 | 5.8% |
Top Suppliers of Wine; Still, in Containers Holding More than 2 Litres to Serbia in 2022:
- North Macedonia (11.4M litres)
Exports of Wine; Still, in Containers Holding More than 2 Litres in Serbia
In 2022, overseas shipments of wine; still, in containers holding more than 2 litreses increased by 9% to 556K litres for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a significant decline. The exports peaked at 1.4M litres in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of wine; still, in containers holding more than 2 litreses declined notably to $928K in 2022. Over the period under review, exports, however, saw a deep downturn. The smallest decline of -8.4% was in 2021. Over the period under review, the exports of hit record highs at $1.6M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Wine; Still, in Containers Holding More than 2 Litres in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 238 | 208 | 239 | 254 | 2.2% |
| Montenegro | 308 | 422 | 161 | 244 | -7.5% |
| China | 367 | 400 | 490 | 208 | -17.2% |
| Switzerland | 112 | 47.5 | 71.8 | 96.1 | -5.0% |
| Croatia | 442 | 16.9 | 9.0 | 10.0 | -71.7% |
| Others | 89.8 | 115 | 138 | 115 | 8.6% |
| Total | 1,558 | 1,210 | 1,108 | 928 | -15.9% |
Top Export Markets for Wine; Still, in Containers Holding More than 2 Litres from Serbia in 2022:
- Bosnia and Herzegovina (246.9K litres)
- Montenegro (233.3K litres)
- China (42.5K litres)
- Switzerland (12.0K litres)
- Croatia (1.6K litres)
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