Price for Wine; Still, in Containers Holding More than 2 Litres in Canada - 2023
Contents:
- Price for Wine; Still, in Containers Holding More than 2 Litres in Canada (CIF) - 2023
- Price for Wine; Still, in Containers Holding More than 2 Litres in Canada (FOB) - 2023
- Imports of Wine; Still, in Containers Holding More than 2 Litres in Canada
- Exports of Wine; Still, in Containers Holding More than 2 Litres in Canada
Price for Wine; Still, in Containers Holding More than 2 Litres in Canada (CIF) - 2023
In December 2023, the average import price for wine; still, in containers holding more than 2 litreses amounted to $824 per thousand litres, flattening at the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in July 2023 an increase of 25% m-o-m. The import price peaked at $1.0 per litre in September 2023; however, from October 2023 to December 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($2.6 per litre), while the price for Australia ($504 per thousand litres) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wine; Still, in Containers Holding More than 2 Litres in Canada (FOB) - 2023
In December 2023, the average export price for wine; still, in containers holding more than 2 litreses amounted to $281 per thousand litres, remaining relatively unchanged against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average export price increased by 11% month-to-month. Over the period under review, the average export prices reached the maximum at $314 per thousand litres in August 2023; however, from September 2023 to December 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From December 2022 to December 2023, the rate of growth in terms of prices for the United States amounted to +0.6% per month.
Imports of Wine; Still, in Containers Holding More than 2 Litres in Canada
In 2022, overseas purchases of wine; still, in containers holding more than 2 litreses decreased by -7.4% to 113M litres, falling for the second year in a row after two years of growth. In general, imports saw a slight shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 13%. As a result, imports attained the peak of 132M litres. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of wine; still, in containers holding more than 2 litreses dropped to $103M in 2022. Over the period under review, imports continue to indicate a mild contraction. The growth pace was the most rapid in 2020 when imports increased by 7.8%. As a result, imports attained the peak of $117M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Wine; Still, in Containers Holding More than 2 Litres in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 28.7 | 25.0 | 24.3 | 26.6 | -2.5% |
| United States | 15.2 | 24.9 | 17.8 | 15.7 | 1.1% |
| Italy | 9.9 | 10.1 | 13.1 | 13.8 | 11.7% |
| France | 13.2 | 15.4 | 15.2 | 13.3 | 0.3% |
| South Africa | 3.5 | 3.7 | 12.5 | 13.1 | 55.3% |
| Chile | 14.7 | 16.9 | 10.3 | 8.8 | -15.7% |
| Spain | 9.8 | 4.6 | 9.0 | 5.5 | -17.5% |
| Argentina | 10.0 | 12.2 | 8.6 | 2.8 | -34.6% |
| Others | 3.5 | 4.0 | 4.1 | 3.3 | -1.9% |
| Total | 108 | 117 | 115 | 103 | -1.6% |
Top Suppliers of Wine; Still, in Containers Holding More than 2 Litres to Canada in 2022:
- Australia (40.3M litres)
- South Africa (22.8M litres)
- Italy (10.4M litres)
- Chile (9.2M litres)
- United States (8.1M litres)
- France (7.9M litres)
- Spain (7.8M litres)
- Argentina (3.4M litres)
Exports of Wine; Still, in Containers Holding More than 2 Litres in Canada
In 2022, the amount of wine; still, in containers holding more than 2 litreses exported from Canada rose slightly to 212M litres, with an increase of 2.3% against 2021 figures. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of wine; still, in containers holding more than 2 litreses expanded sharply to $57M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.4% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 43% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Wine; Still, in Containers Holding More than 2 Litres in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 34.6 | 37.7 | 53.5 | 56.1 | 17.5% |
| Others | 1.4 | 0.4 | 1.1 | 1.3 | -2.4% |
| Total | 36.0 | 38.2 | 54.5 | 57.4 | 16.8% |
Top Export Markets for Wine; Still, in Containers Holding More than 2 Litres from Canada in 2022:
- United States (211.2M litres)
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