Price for Wine; Still, in Containers Holding More than 2 Litres in Mexico - 2023
Contents:
- Price for Wine; Still, in Containers Holding More than 2 Litres in Mexico (CIF) - 2023
- Price for Wine; Still, in Containers Holding More than 2 Litres in Mexico (FOB) - 2022
- Imports of Wine; Still, in Containers Holding More than 2 Litres in Mexico
- Exports of Wine; Still, in Containers Holding More than 2 Litres in Mexico
Price for Wine; Still, in Containers Holding More than 2 Litres in Mexico (CIF) - 2023
In December 2023, the average import price for wine; still, in containers holding more than 2 litreses amounted to $737 per thousand litres, rising by 5.2% against the previous month. In general, the import price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 109% against the previous month. As a result, import price reached the peak level of $1.7 per litre. From May 2023 to December 2023, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From December 2022 to December 2023, the rate of growth in terms of prices for Chile amounted to +1.0% per month.
Price for Wine; Still, in Containers Holding More than 2 Litres in Mexico (FOB) - 2022
The average export price for wine; still, in containers holding more than 2 litreses stood at $5.2 per litre in 2022, surging by 60% against the previous year. Overall, the export price enjoyed strong growth. The pace of growth appeared the most rapid in 2020 an increase of 418%. As a result, the export price reached the peak level of $5.6 per litre. From 2021 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($6.4 per litre), while the average price for exports to Panama ($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 (+30.2%), 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 Mexico
In 2022, approx. 11M litres of wine; still, in containers holding more than 2 litreses were imported into Mexico; picking up by 123% compared with 2021 figures. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of wine; still, in containers holding more than 2 litreses surged to $9.1M in 2022. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Wine; Still, in Containers Holding More than 2 Litres in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Chile | 0.9 | 4.8 | 433.3% | ||
| Spain | 2.8 | 3.5 | 25.0% | ||
| United States | 0.1 | 0.7 | 600.0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 3.7 | 9.1 | 145.9% | ||
Top Suppliers of Wine; Still, in Containers Holding More than 2 Litres to Mexico in 2022:
- Chile (7.7M litres)
- Spain (3.2M litres)
- United States (0.3M litres)
Exports of Wine; Still, in Containers Holding More than 2 Litres in Mexico
In 2022, approx. 131K litres of wine; still, in containers holding more than 2 litreses were exported from Mexico; growing by 2.2% against the year before. In general, exports, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2021 with an increase of 386%. Over the period under review, the exports of reached the maximum at 151K litres in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of wine; still, in containers holding more than 2 litreses soared to $678K in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 182% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Wine; Still, in Containers Holding More than 2 Litres in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 69.6 | 323 | 239 | 85.3% |
| Rwanda | N/A | N/A | 4.0 | 170 | 4150.0% |
| Jamaica | 12.5 | N/A | 16.2 | 120 | 112.5% |
| Malaysia | 10.0 | N/A | N/A | 57.8 | 79.5% |
| India | N/A | N/A | N/A | 21.2 | 0% |
| Panama | N/A | 14.3 | 10.2 | 6.5 | -32.6% |
| United Kingdom | 62.0 | N/A | 2.1 | N/A | -81.6% |
| Netherlands | N/A | N/A | 28.4 | N/A | 0% |
| Costa Rica | N/A | N/A | 8.2 | N/A | 0% |
| Maldives | 9.4 | N/A | 3.6 | N/A | -38.1% |
| Others | 68.7 | 63.5 | 19.5 | 63.7 | -2.5% |
| Total | 163 | 147 | 415 | 678 | 60.8% |
Top Export Markets for Wine; Still, in Containers Holding More than 2 Litres from Mexico in 2022:
- United States (57.1K litres)
- Rwanda (33.4K litres)
- Jamaica (23.4K litres)
- Malaysia (9.1K litres)
- India (4.1K litres)
- Panama (4.0K litres)
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