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

Contents:

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

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

In 2022, the average import price for wine; still, in containers holding more than 2 litreses amounted to $2.4 per litre, therefore, remained relatively stable against the previous year. Overall, the import price, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2015 an increase of 50% against the previous year. Over the period under review, average import prices reached the peak figure at $3.8 per litre in 2012; however, from 2013 to 2022, 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 ($7.9 per litre), while the price for the United Arab Emirates ($1.3 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.5%), 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 Sri Lanka (FOB) - 2022

The average export price for wine; still, in containers holding more than 2 litreses stood at $115 per litre in 2022, with an increase of 11,274% against the previous year. In general, the export price showed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +34.0% per year.

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

In 2022, approx. 17K litres of wine; still, in containers holding more than 2 litreses were imported into Sri Lanka; falling by -25% on 2021 figures. Overall, imports recorded a dramatic downturn. The smallest decline of -18.4% was in 2021. Imports peaked at 51K litres in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of wine; still, in containers holding more than 2 litreses shrank rapidly to $42K in 2022. In general, imports showed a precipitous decrease. The smallest decline of -19.6% was in 2021. Imports peaked at $169K 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 Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2.04.32.112.986.1%
South Africa18.99.113.38.5-23.4%
Australia0.14.42.26.4300.0%
France3.23.7N/A6.224.7%
United Arab EmiratesN/A1.86.82.722.5%
United States13.419.77.7N/A-24.2%
India126N/AN/AN/A0%
SingaporeN/A11.210.2N/A-8.9%
Others6.114.012.64.9-7.0%
Total16968.354.941.7-37.3%

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

  1. Italy (8.9K litres)
  2. South Africa (4.4K litres)
  3. United Arab Emirates (2.1K litres)
  4. France (1.0K litres)
  5. Australia (0.8K litres)

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

In 2022, exports of wine; still, in containers holding more than 2 litreses from Sri Lanka dropped rapidly to 14 litres, with a decrease of -99.9% compared with the previous year. In general, exports recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 38% against the previous year. The exports peaked at 21K litres in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of wine; still, in containers holding more than 2 litreses shrank significantly to $1.6K in 2022. Overall, exports faced a precipitous decrease. The smallest decline of -3.9% was in 2021. Over the period under review, the exports of reached the peak figure at $40K 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 Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India7.32.1N/A1.6-39.7%
Maldives33.1N/A9.8N/A-45.6%
MalaysiaN/A8.1N/AN/A0%
Others0.1N/AN/AN/A0%
Total40.510.29.81.6-65.9%

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

  1. India (14.0 litres)

Source: IndexBox Market Intelligence Platform

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