Ireland - Wine And Grape Must - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWine Price in Ireland - 2023
Contents:
- Wine Price in Ireland (CIF) - 2022
- Wine Price in Ireland (FOB) - 2022
- Wine Imports in Ireland
- Wine Exports in Ireland
Wine Price in Ireland (CIF) - 2022
In 2022, the average wine import price amounted to $3.4 per litre, falling by -4.9% against the previous year. Overall, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 16% against the previous year. The import price peaked at $7.6 per litre in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 New Zealand ($5.5 per litre), while the price for Germany ($2.6 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.9%), while the prices for the other major suppliers experienced a decline.
Wine Price in Ireland (FOB) - 2022
In 2022, the average wine export price amounted to $3.8 per litre, with a decrease of -26.1% against the previous year. Overall, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 96% against the previous year. The export price peaked at $9.3 per litre in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($7.9 per litre), while the average price for exports to Hungary ($1.6 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+0.2%), while the prices for the other major destinations experienced a decline.
Wine Imports in Ireland
In 2022, overseas purchases of wine and grape must decreased by -1% to 93M litres, falling for the second consecutive year after two years of growth. In general, imports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 20% against the previous year. As a result, imports attained the peak of 128M litres. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, wine imports fell to $320M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 23%. As a result, imports attained the peak of $398M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Wine in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 56.9 | 75.0 | 74.3 | 69.0 | 6.6% |
| Chile | 57.2 | 50.0 | 45.2 | 48.9 | -5.1% |
| Italy | 36.0 | 39.8 | 35.1 | 36.9 | 0.8% |
| New Zealand | 27.3 | 22.9 | 27.7 | 32.9 | 6.4% |
| Spain | 32.1 | 45.6 | 40.5 | 29.5 | -2.8% |
| Australia | 33.6 | 10.3 | 31.8 | 28.1 | -5.8% |
| United Kingdom | 35.3 | 104 | 22.9 | 18.2 | -19.8% |
| Germany | 18.0 | 25.4 | 6.0 | 16.4 | -3.1% |
| United States | 5.3 | 0.5 | 14.8 | 13.6 | 36.9% |
| Others | 20.9 | 23.9 | 41.4 | 26.1 | 7.7% |
| Total | 323 | 398 | 340 | 320 | -0.3% |
Top Suppliers of Wine to Ireland in 2022:
- France (15.9M litres)
- Chile (15.5M litres)
- Italy (13.9M litres)
- Spain (10.3M litres)
- Australia (8.5M litres)
- Germany (6.2M litres)
- New Zealand (6.0M litres)
- United Kingdom (3.8M litres)
- United States (3.7M litres)
Wine Exports in Ireland
In 2022, shipments abroad of wine and grape must was finally on the rise to reach 5.6M litres for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a deep downturn. The exports peaked at 9.4M litres in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, wine exports surged to $21M in 2022. The total export value increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Wine in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 9.3 | 5.1 | 5.0 | 7.1 | -8.6% |
| France | 7.3 | 5.1 | 1.5 | 5.4 | -9.6% |
| Netherlands | 2.5 | 4.0 | 4.9 | 2.2 | -4.2% |
| Spain | N/A | N/A | 1.1 | 2.0 | 81.8% |
| Belgium | N/A | 0.1 | N/A | 0.4 | 100.0% |
| Hungary | N/A | N/A | N/A | 0.4 | 0% |
| Others | 1.0 | 0.4 | 4.8 | 3.3 | 48.9% |
| Total | 20.1 | 14.7 | 17.4 | 20.9 | 1.3% |
Top Export Markets for Wine from Ireland in 2022:
- France (2627.4K litres)
- United Kingdom (900.0K litres)
- Netherlands (751.4K litres)
- Spain (621.9K litres)
- Hungary (275.6K litres)
- Belgium (219.3K litres)
This report provides an in-depth analysis of the wine market in Ireland. 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:
- FCL 564 - Wine
- FCL 563 - Must of Grape
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ireland
- 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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