Price for Wine; Still, in Containers Holding More than 2 Litres in Luxembourg - 2023

Contents:

  1. Price for Wine; Still, in Containers Holding More than 2 Litres in Luxembourg (CIF) - 2022
  2. Price for Wine; Still, in Containers Holding More than 2 Litres in Luxembourg (FOB) - 2022
  3. Imports of Wine; Still, in Containers Holding More than 2 Litres in Luxembourg
  4. Exports of Wine; Still, in Containers Holding More than 2 Litres in Luxembourg

Price for Wine; Still, in Containers Holding More than 2 Litres in Luxembourg (CIF) - 2022

The average import price for wine; still, in containers holding more than 2 litreses stood at $1.5 per litre in 2022, standing approx. at the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 15% against the previous year. The import price peaked at $1.5 per litre in 2021, and then fell modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2.1 per litre), while the price for Spain ($0.6 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.1%), 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 Luxembourg (FOB) - 2022

The average export price for wine; still, in containers holding more than 2 litreses stood at $2.4 per litre in 2022, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.2%. The pace of growth appeared the most rapid in 2016 when the average export price increased by 13% against the previous year. Over the period under review, the average export prices attained the maximum at $2.4 per litre in 2020; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($20 per litre), while the average price for exports to France ($1.5 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 (+41.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wine; Still, in Containers Holding More than 2 Litres in Luxembourg

In 2022, approx. 4.5M litres of wine; still, in containers holding more than 2 litreses were imported into Luxembourg; declining by -4.8% compared with 2021. In general, imports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 11%. Imports peaked at 5.4M litres in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of wine; still, in containers holding more than 2 litreses reduced to $6.7M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year. As a result, imports attained the peak of $7.1M, and then fell in the following year.

Import of Wine; Still, in Containers Holding More than 2 Litres in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1.91.82.02.48.1%
Portugal2.02.52.72.11.6%
Italy1.30.91.11.2-2.6%
Belgium1.00.90.90.9-3.5%
Spain0.1N/A0.10.10.0%
Germany0.5N/A0.2N/A-36.8%
OthersN/AN/AN/AN/A0%
Total6.86.37.16.7-0.5%

Top Suppliers of Wine; Still, in Containers Holding More than 2 Litres to Luxembourg in 2022:

  1. Portugal (1808.5K litres)
  2. France (1172.5K litres)
  3. Italy (911.3K litres)
  4. Belgium (497.6K litres)
  5. Spain (94.4K litres)
  6. Germany (21.2K litres)

Exports of Wine; Still, in Containers Holding More than 2 Litres in Luxembourg

In 2022, overseas shipments of wine; still, in containers holding more than 2 litreses decreased by -2.8% to 1.1M litres for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 25% against the previous year. The exports peaked at 1.1M litres in 2021, and then dropped modestly in the following year.

In value terms, exports of wine; still, in containers holding more than 2 litreses fell modestly to $2.6M in 2022. The total export value increased at an average annual rate of +12.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 40% against the previous year. The exports peaked at $2.7M in 2021, and then reduced in the following year.

Export of Wine; Still, in Containers Holding More than 2 Litres in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1,6022,3182,2892,1219.8%
France0.511.212.1206644.1%
Netherlands171232365166-1.0%
GermanyN/AN/AN/A90.60%
Others63.82.97.836.0-17.4%
Total1,8372,5642,6742,61912.5%

Top Export Markets for Wine; Still, in Containers Holding More than 2 Litres from Luxembourg in 2022:

  1. Belgium (842.0K litres)
  2. France (139.2K litres)
  3. Netherlands (66.2K litres)
  4. Germany (39.3K litres)

Source: IndexBox Market Intelligence Platform

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