Price for Wine; Still, in Containers Holding 2 Litres or Less in the Dominican Republic - 2023
Contents:
- Price for Wine; Still, in Containers Holding 2 Litres or Less in the Dominican Republic (CIF) - 2023
- Price for Wine; Still, in Containers Holding 2 Litres or Less in the Dominican Republic (FOB) - 2023
- Imports of Wine; Still, in Containers Holding 2 Litres or Less in the Dominican Republic
- Exports of Wine; Still, in Containers Holding 2 Litres or Less in the Dominican Republic
Price for Wine; Still, in Containers Holding 2 Litres or Less in the Dominican Republic (CIF) - 2023
The average import price for wine; still, in containers holding 2 litres or lesses stood at $4.8 per litre in March 2023, growing by 9.1% against the previous month. In general, import price indicated slight growth from March 2022 to March 2023: its price increased at an average monthly rate of +1.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2023 figures, import price for wine; still, in containers holding 2 litres or lesses increased by +60.8% against November 2022 indices. The growth pace was the most rapid in June 2022 an increase of 93% month-to-month. As a result, import price attained the peak level of $7.1 per litre. From July 2022 to March 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was the United States ($8.3 per litre), while the price for France ($2.7 per litre) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Chile (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wine; Still, in Containers Holding 2 Litres or Less in the Dominican Republic (FOB) - 2023
The average export price for wine; still, in containers holding 2 litres or lesses stood at $2.0 per litre in March 2023, picking up by 3.2% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in August 2022 an increase of 12% m-o-m. As a result, the export price reached the peak level of $2.2 per litre. From September 2022 to March 2023, the the average export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In March 2023, the country with the highest price was the United States ($2.4 per litre), while the average price for exports to Haiti stood at $1.9 per litre.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.5%).
Imports of Wine; Still, in Containers Holding 2 Litres or Less in the Dominican Republic
For the fourth year in a row, the Dominican Republic recorded growth in supplies from abroad of wine; still, in containers holding 2 litres or lesses, which increased by 32% to 19M litres in 2022. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 47%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of wine; still, in containers holding 2 litres or lesses surged to $71M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 58% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Wine; Still, in Containers Holding 2 Litres or Less in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 18.1 | 14.7 | 22.5 | 25.3 | 11.8% |
| Spain | 17.4 | 13.0 | 19.8 | 25.2 | 13.1% |
| France | 2.7 | 2.3 | 4.3 | 5.8 | 29.0% |
| Chile | 3.9 | 2.8 | 4.3 | 5.2 | 10.1% |
| Italy | 2.9 | 2.4 | 4.3 | 4.6 | 16.6% |
| Australia | 1.4 | 1.0 | 2.1 | 2.0 | 12.6% |
| Argentina | 1.4 | 0.8 | 1.4 | 1.9 | 10.7% |
| Others | 0.3 | 0.4 | 0.4 | 0.9 | 44.2% |
| Total | 48.1 | 37.4 | 59.0 | 70.9 | 13.8% |
Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to the Dominican Republic in 2022:
- Spain (8.1M litres)
- United States (4.7M litres)
- Chile (2.7M litres)
- France (1.4M litres)
- Italy (0.9M litres)
- Argentina (0.6M litres)
- Australia (0.4M litres)
Exports of Wine; Still, in Containers Holding 2 Litres or Less in the Dominican Republic
In 2022, approx. 3.8M litres of wine; still, in containers holding 2 litres or lesses were exported from the Dominican Republic; shrinking by -17.5% compared with the previous year's figure. Overall, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 6.1%. The exports peaked at 7.2M litres in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of wine; still, in containers holding 2 litres or lesses dropped to $7.3M in 2022. The total export value increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 24% against the previous year. As a result, the exports attained the peak of $7.4M, and then contracted in the following year.
| Export of Wine; Still, in Containers Holding 2 Litres or Less in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 5.9 | 5.0 | 6.5 | 5.8 | -0.6% |
| United States | 0.4 | 0.7 | 0.9 | 1.3 | 48.1% |
| Others | 0.1 | 0.2 | 0.1 | 0.2 | 26.0% |
| Total | 6.5 | 6.0 | 7.4 | 7.3 | 3.9% |
Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from the Dominican Republic in 2022:
- Haiti (3.1M litres)
- United States (0.5M litres)
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