Wine Lees; Argol Price in the United States - 2023

Contents:

  1. Wine Lees; Argol Price in the United States (FOB) - 2023
  2. Wine Lees; Argol Price in the United States (CIF) - 2022
  3. Wine Lees; Argol Exports in the United States
  4. Wine Lees; Argol Imports in the United States

Wine Lees; Argol Price in the United States (FOB) - 2023

In September 2023, the average wine lees; argol export price amounted to $839 per ton, reducing by -66.3% against the previous month. Overall, the export price showed a abrupt decline. The most prominent rate of growth was recorded in June 2023 an increase of 218% month-to-month. Over the period under review, the average export prices hit record highs at $4,103 per ton in January 2023; however, from February 2023 to September 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was South Korea ($7,674 per ton), while the average price for exports to Colombia ($417 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

Wine Lees; Argol Price in the United States (CIF) - 2022

The average wine lees; argol import price stood at $5,579 per ton in 2022, picking up by 464% against the previous year. Overall, the import price continues to indicate a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to -0.2% per year.

Wine Lees; Argol Exports in the United States

In 2022, exports of wine lees; argol from the United States soared to 2.1K tons, rising by 16% on 2021 figures. Over the period under review, exports, however, continue to indicate a abrupt contraction.

In value terms, wine lees; argol exports skyrocketed to $5.7M in 2022. In general, exports, however, recorded a deep downturn.

Export of Wine Lees; Argol in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea5.93.43.24.8-6.6%
Spain0.50.51.00.817.0%
UruguayN/AN/AN/A0.10%
ChileN/A0.10.2N/A100.0%
Panama0.20.2N/AN/A0.0%
OthersN/AN/AN/AN/A0%
Total6.74.24.45.7-5.2%

Top Export Markets for Wine Lees; Argol from the United States in 2022:

  1. South Korea (1394.3 tons)
  2. Spain (651.4 tons)
  3. Uruguay (38.2 tons)

Wine Lees; Argol Imports in the United States

Wine lees; argol imports into the United States plummeted to 420 kg in 2022, which is down by -97.9% compared with the previous year. Over the period under review, imports continue to indicate a sharp slump.

In value terms, wine lees; argol imports shrank markedly to $2.3K in 2022. Overall, imports continue to indicate a precipitous descent. The smallest decline of -25.6% was in 2021.

Import of Wine Lees; Argol in the United States (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
JapanN/AN/A2.30%
Argentina26.619.8N/A-25.6%
OthersN/AN/AN/A0%
Total26.619.82.3-70.6%

Top Suppliers of Wine Lees; Argol to the United States in 2022:

  1. Japan (420.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Wine lees; argol - United States