Wine Lees; Argol Price in the UK - 2023
Contents:
- Wine Lees; Argol Price in the UK (CIF) - 2022
- Wine Lees; Argol Price in the UK (FOB) - 2022
- Wine Lees; Argol Imports in the UK
- Wine Lees; Argol Exports in the UK
Wine Lees; Argol Price in the UK (CIF) - 2022
In 2022, the average wine lees; argol import price amounted to $184,093 per ton, with an increase of 18% against the previous year. Overall, the import price showed a remarkable increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 171%. As a result, import price attained the peak level of $256,009 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($314,282 per ton), while the price for Singapore ($11,961 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+28.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Wine Lees; Argol Price in the UK (FOB) - 2022
In 2022, the average wine lees; argol export price amounted to $34,887 per ton, picking up by 80% against the previous year. Overall, the export price recorded a significant expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by 456% against the previous year. Over the period under review, the average export prices attained the maximum at $102,914 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($50,181 per ton), while the average price for exports to Hong Kong SAR ($28,562 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+36.2%), while the prices for the other major destinations experienced more modest paces of growth.
Wine Lees; Argol Imports in the UK
After two years of growth, overseas purchases of wine lees; argol decreased by -20.8% to 76 kg in 2022. Overall, total imports indicated prominent growth from 2020 to 2022: its volume increased at an average annual rate of +7.3% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +15.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 45%. As a result, imports reached the peak of 96 kg, and then fell sharply in the following year.
In value terms, wine lees; argol imports reduced to $14K in 2022. The total import value increased at an average annual rate of +3.8% from 2020 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15%. As a result, imports attained the peak of $15K, and then fell in the following year.
| Import of Wine Lees; Argol in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Canada | 11.5 | 11.9 | 12.6 | 4.7% | |
| Spain | 0.2 | 0.6 | 0.5 | 58.1% | |
| Germany | 0.4 | 0.4 | 0.4 | 0.0% | |
| Singapore | 0.1 | 0.1 | 0.1 | 0.0% | |
| Others | 0.7 | 2.0 | 0.3 | -34.5% | |
| Total | 12.9 | 14.9 | 13.9 | 3.8% | |
Top Suppliers of Wine Lees; Argol to the UK in 2022:
- Canada (63.0 kg)
- Singapore (7.0 kg)
- Germany (4.0 kg)
- Spain (2.0 kg)
Wine Lees; Argol Exports in the UK
In 2022, overseas shipments of wine lees; argol decreased by -14.1% to 79 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 80% against the previous year. As a result, the exports reached the peak of 92 kg, and then fell in the following year.
In value terms, wine lees; argol exports skyrocketed to $2.8K in 2022. Over the period under review, exports faced a abrupt downturn.
| Export of Wine Lees; Argol in the UK (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 2,016 | 1,249 | 464 | 916 | -23.1% |
| Ireland | 932 | 1,135 | 421 | 827 | -3.9% |
| Norway | 220 | 242 | 73.0 | 173 | -7.7% |
| Spain | 222 | 245 | 82.0 | 146 | -13.0% |
| Hong Kong SAR | 196 | 224 | 78.0 | 144 | -9.8% |
| Bahrain | 101 | 107 | 34.0 | 67.0 | -12.8% |
| Germany | 36.0 | 56.0 | 34.0 | 63.0 | 20.5% |
| Ethiopia | N/A | N/A | 351 | N/A | 0% |
| Others | 718 | 509 | 238 | 435 | -15.4% |
| Total | 4,441 | 3,767 | 1,775 | 2,771 | -14.5% |
Top Export Markets for Wine Lees; Argol from the UK in 2022:
- Singapore (28.0 kg)
- Ireland (25.0 kg)
- Hong Kong SAR (5.0 kg)
- Norway (4.0 kg)
- Spain (3.0 kg)
- Bahrain (2.0 kg)
- Germany (2.0 kg)
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