Poland - Vermouth - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Poland - Vermouth - Market Analysis, Forecast, Size, Trends And Insights

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Vermouth Price in Poland - 2023

Contents:

  1. Vermouth Price in Poland (CIF) - 2023
  2. Vermouth Price in Poland (FOB) - 2023
  3. Vermouth Imports in Poland
  4. Vermouth Exports in Poland

Vermouth Price in Poland (CIF) - 2023

In August 2023, the average vermouth import price amounted to $2.7 per litre, standing approximately at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 37% m-o-m. Over the period under review, average import prices attained the peak figure at $2.7 per litre in February 2023; afterwards, it flattened through to August 2023.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was France ($4.2 per litre), while the price for Bulgaria ($664 per thousand litres) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Vermouth Price in Poland (FOB) - 2023

The average vermouth export price stood at $3.6 per litre in August 2023, growing by 90% against the previous month. Over the period under review, the export price, however, continues to indicate a mild reduction. Over the period under review, the average export prices attained the maximum at $4.6 per litre in April 2023; however, from May 2023 to August 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Ukraine ($7.2 per litre), while the average price for exports to Romania ($1.9 per litre) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Vermouth Imports in Poland

In 2022, after three years of growth, there was significant decline in supplies from abroad of vermouth, when their volume decreased by -7.6% to 19M litres. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +11.4% 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 +38.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. As a result, imports attained the peak of 21M litres, and then contracted in the following year.

In value terms, vermouth imports contracted dramatically to $40M in 2022. In general, imports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 71%. As a result, imports attained the peak of $49M, and then fell significantly in the following year.

Import of Vermouth in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.03.510.114.3142.7%
Italy16.316.323.412.8-7.7%
United States4.55.110.68.624.1%
Bulgaria2.72.42.12.4-3.9%
Netherlands0.10.10.51.2128.9%
Spain0.30.41.30.2-12.6%
Others0.60.70.70.75.3%
Total25.528.548.740.216.4%

Top Suppliers of Vermouth to Poland in 2022:

  1. Germany (5.2M litres)
  2. Italy (5.1M litres)
  3. Bulgaria (4.6M litres)
  4. United States (3.7M litres)
  5. Netherlands (0.4M litres)
  6. Spain (0.1M litres)

Vermouth Exports in Poland

In 2022, after three years of growth, there was significant decline in shipments abroad of vermouth, when their volume decreased by -79.6% to 264K litres. Overall, exports faced a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 177% against the previous year. As a result, the exports reached the peak of 1.3M litres, and then fell rapidly in the following year.

In value terms, vermouth exports fell rapidly to $729K in 2022. In general, exports continue to indicate a noticeable decrease. The growth pace was the most rapid in 2021 with an increase of 213%. As a result, the exports reached the peak of $3.2M, and then fell rapidly in the following year.

Export of Vermouth in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic22.00.233.615190.0%
Ukraine264147269118-23.5%
United Arab EmiratesN/AN/A18.152.7191.2%
United Kingdom19.223.791.936.624.0%
Netherlands42.721.518.735.3-6.1%
MoldovaN/AN/A0.129.729600.0%
Denmark8.510.010.021.135.4%
Russia27.333.46.26.3-38.7%
Belarus15.521.70.10.1-81.4%
ChileN/A5632,564N/A355.4%
Others404200184278-11.7%
Total8031,0203,196729-3.2%

Top Export Markets for Vermouth from Poland in 2022:

  1. Belarus (undefinedK litres)
  2. Ukraine (111.5K litres)
  3. Czech Republic (59.0K litres)
  4. Netherlands (13.3K litres)
  5. United Kingdom (12.3K litres)
  6. United Arab Emirates (9.9K litres)
  7. Moldova (9.4K litres)
  8. Denmark (7.4K litres)
  9. Russia (0.9K litres)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the vermouth market in Poland. 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:

  • Poland

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Poland
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Vermouth - Poland