Price for Wine; Still, in Containers Holding More than 2 Litres in Spain - 2023
Contents:
- Price for Wine; Still, in Containers Holding More than 2 Litres in Spain (FOB) - 2023
- Price for Wine; Still, in Containers Holding More than 2 Litres in Spain (CIF) - 2022
- Exports of Wine; Still, in Containers Holding More than 2 Litres in Spain
- Imports of Wine; Still, in Containers Holding More than 2 Litres in Spain
Price for Wine; Still, in Containers Holding More than 2 Litres in Spain (FOB) - 2023
In November 2023, the average export price for wine; still, in containers holding more than 2 litreses amounted to $568 per thousand litres, therefore, remained relatively stable against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 5.4% month-to-month. Over the period under review, the average export prices attained the peak figure at $583 per thousand litres in May 2023; however, from June 2023 to November 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($839 per thousand litres), while the average price for exports to Italy ($479 per thousand litres) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wine; Still, in Containers Holding More than 2 Litres in Spain (CIF) - 2022
In 2022, the average import price for wine; still, in containers holding more than 2 litreses amounted to $0.8 per litre, therefore, remained relatively stable against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wine; still, in containers holding more than 2 litreses decreased by -8.3% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 49%. As a result, import price reached the peak level of $0.9 per litre. From 2015 to 2022, the average import prices failed to regain momentum.
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 Australia ($1.6 per litre), while the price for Portugal ($0.3 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 (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wine; Still, in Containers Holding More than 2 Litres in Spain
In 2022, approx. 1.2B litres of wine; still, in containers holding more than 2 litreses were exported from Spain; falling by -8.5% compared with the previous year's figure. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. As a result, the exports attained the peak of 1.4B litres, and then contracted in the following year.
In value terms, exports of wine; still, in containers holding more than 2 litreses contracted to $619M in 2022. The total export value increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 8.3% against the previous year. As a result, the exports reached the peak of $644M, and then shrank slightly in the following year.
| Export of Wine; Still, in Containers Holding More than 2 Litres in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 179 | 175 | 160 | 168 | -2.1% |
| Germany | 91.2 | 110 | 113 | 120 | 9.6% |
| Portugal | 72.5 | 77.0 | 69.2 | 65.7 | -3.2% |
| Italy | 38.4 | 45.1 | 72.9 | 46.6 | 6.7% |
| United Kingdom | 13.2 | 18.4 | 18.4 | 21.5 | 17.7% |
| Cote d'Ivoire | 13.4 | 14.3 | 19.4 | 20.0 | 14.3% |
| Morocco | 7.1 | 8.3 | 4.8 | 9.7 | 11.0% |
| Russia | 33.5 | 5.5 | 1.5 | 0.3 | -79.2% |
| Others | 139 | 141 | 186 | 167 | 6.3% |
| Total | 587 | 595 | 644 | 619 | 1.8% |
Top Export Markets for Wine; Still, in Containers Holding More than 2 Litres from Spain in 2022:
- France (392.2M litres)
- Germany (283.6M litres)
- Portugal (136.7M litres)
- Italy (115.1M litres)
- Cote d'Ivoire (43.0M litres)
- United Kingdom (31.3M litres)
- Morocco (20.7M litres)
- Russia (0.3M litres)
Imports of Wine; Still, in Containers Holding More than 2 Litres in Spain
In 2022, approx. 36M litres of wine; still, in containers holding more than 2 litreses were imported into Spain; rising by 17% compared with the year before. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -5.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 104% against the previous year. As a result, imports attained the peak of 38M litres. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of wine; still, in containers holding more than 2 litreses skyrocketed to $29M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 101% against the previous year. As a result, imports attained the peak of $33M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Wine; Still, in Containers Holding More than 2 Litres in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 0.9 | 0.6 | 0.5 | 7.4 | 101.8% |
| Italy | 5.6 | 5.6 | 6.7 | 5.4 | -1.2% |
| Chile | 2.4 | 3.5 | 4.2 | 4.7 | 25.1% |
| South Africa | 0.3 | 0.3 | 1.2 | 1.6 | 74.7% |
| Portugal | 0.6 | 1.2 | 2.2 | 1.4 | 32.6% |
| France | 2.1 | 1.1 | 4.6 | 1.2 | -17.0% |
| Argentina | 0.6 | 15.1 | 0.5 | 0.6 | 0.0% |
| Romania | 0.6 | 1.5 | 0.1 | N/A | -59.2% |
| Others | 3.1 | 3.6 | 4.8 | 6.4 | 27.3% |
| Total | 16.2 | 32.6 | 24.8 | 28.7 | 21.0% |
Top Suppliers of Wine; Still, in Containers Holding More than 2 Litres to Spain in 2022:
- Chile (11.6M litres)
- Italy (7.3M litres)
- Portugal (4.8M litres)
- Australia (4.6M litres)
- France (2.1M litres)
- South Africa (1.5M litres)
- Argentina (1.2M litres)
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