Belarus - Vermouth - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVermouth Price in Belarus - 2022
Contents:
- Vermouth Price in Belarus (CIF) - 2022
- Vermouth Price in Belarus (FOB) - 2022
- Vermouth Imports in Belarus
- Vermouth Exports in Belarus
Vermouth Price in Belarus (CIF) - 2022
The average vermouth import price stood at $8.2 per litre in March 2022, shrinking by -36.9% against the previous month. In general, the import price, however, saw a buoyant increase. The most prominent rate of growth was recorded in February 2022 an increase of 117% m-o-m. As a result, import price attained the peak level of $13.0 per litre, and then contracted dramatically in the following month.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From March 2021 to March 2022, the rate of growth in terms of prices for Italy amounted to +0.0% per month.
Vermouth Price in Belarus (FOB) - 2022
The average vermouth export price stood at $9.5 per litre in 2022, picking up by 1.6% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 146% against the previous year. The export price peaked at $11 per litre in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Kazakhstan.
From 2012 to 2022, the rate of growth in terms of prices for Israel amounted to +5.5% per year.
Vermouth Imports in Belarus
In 2022, vermouth imports into Belarus skyrocketed to 1.6M litres, picking up by 68% against the previous year. Over the period under review, imports continue to indicate a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, vermouth imports surged to $6.7M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +97.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vermouth in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 4.5 | 3.0 | 4.1 | 6.0 | 10.1% |
| Ukraine | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
| Lithuania | 0.1 | 0.1 | N/A | 0.2 | 26.0% |
| Moldova | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Total | 5.0 | 3.4 | 4.4 | 6.7 | 10.2% |
Top Suppliers of Vermouth to Belarus in 2022:
- Italy (1255.9K litres)
- Ukraine (162.0K litres)
- Lithuania (91.1K litres)
- Moldova (83.0K litres)
Vermouth Exports in Belarus
In 2022, approx. 84K litres of vermouth were exported from Belarus; declining by -9.1% on the year before. In general, exports showed a dramatic downturn. The exports peaked at 204K litres in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, vermouth exports dropped to $806K in 2022. Overall, exports continue to indicate a sharp reduction. The smallest decline of -3.7% was in 2021. Over the period under review, the exports reached the peak figure at $1.7M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Vermouth in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 25.1 | 25.8 | 6.0 | 13.3 | -19.1% |
| Ukraine | N/A | N/A | 1.9 | N/A | 0% |
| Others | 1,658 | 880 | 865 | 792 | -21.8% |
| Total | 1,683 | 906 | 872 | 806 | -21.8% |
Top Export Markets for Vermouth from Belarus in 2022:
- Kazakhstan (8.3K litres)
This report provides an in-depth analysis of the vermouth market in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 11041000 - Vermouth and other wine of fresh grapes flavoured with plants or aromatic substances (excluding alcohol duty)
Country coverage:
- Belarus
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belarus
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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