Price for Wine; Still, in Containers Holding More than 2 Litres in the UK - 2023
Contents:
- Price for Wine; Still, in Containers Holding More than 2 Litres in the UK (CIF) - 2022
- Price for Wine; Still, in Containers Holding More than 2 Litres in the UK (FOB) - 2022
- Imports of Wine; Still, in Containers Holding More than 2 Litres in the UK
- Exports of Wine; Still, in Containers Holding More than 2 Litres in the UK
Price for Wine; Still, in Containers Holding More than 2 Litres in the UK (CIF) - 2022
The average import price for wine; still, in containers holding more than 2 litreses stood at $1.5 per litre in 2022, with a decrease of -19.5% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 31%. Over the period under review, average import prices reached the peak figure at $1.8 per litre in 2021, and then fell dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($11 per litre), while the price for South Africa ($0.8 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+21.1%), 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 the UK (FOB) - 2022
In 2022, the average export price for wine; still, in containers holding more than 2 litreses amounted to $3.3 per litre, increasing by 8.6% against the previous year. In general, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for wine; still, in containers holding more than 2 litreses increased by +77.4% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 21%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($9.5 per litre), while the average price for exports to South Africa ($0.9 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 Norway (+6.0%), 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 the UK
Imports of wine; still, in containers holding more than 2 litreses into the UK surged to 477M litres in 2022, rising by 25% against 2021. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +5.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.1% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 41%. As a result, imports reached the peak of 569M litres. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of wine; still, in containers holding more than 2 litreses stood at $704M in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 16%. As a result, imports reached the peak of $811M. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Wine; Still, in Containers Holding More than 2 Litres in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 195 | 216 | 201 | 212 | 2.8% |
United States | 182 | 223 | 152 | 125 | -11.8% |
New Zealand | 111 | 135 | 117 | 91.9 | -6.1% |
Chile | 69.2 | 75.0 | 59.6 | 78.1 | 4.1% |
South Africa | 43.2 | 41.8 | 52.4 | 56.5 | 9.4% |
Italy | 23.8 | 25.5 | 32.7 | 39.5 | 18.4% |
Argentina | 23.6 | 34.8 | 36.8 | 36.6 | 15.8% |
Spain | 16.4 | 16.9 | 14.2 | 27.6 | 18.9% |
Others | 37.9 | 43.6 | 33.9 | 36.6 | -1.2% |
Total | 702 | 811 | 699 | 704 | 0.1% |
Top Suppliers of Wine; Still, in Containers Holding More than 2 Litres to the UK in 2022:
- Australia (170.0M litres)
- South Africa (67.4M litres)
- Chile (64.7M litres)
- United States (52.2M litres)
- Spain (31.1M litres)
- New Zealand (29.3M litres)
- Italy (25.8M litres)
- Argentina (25.8M litres)
Exports of Wine; Still, in Containers Holding More than 2 Litres in the UK
In 2022, after two years of decline, there was significant growth in shipments abroad of wine; still, in containers holding more than 2 litreses, when their volume increased by 29% to 5.2M litres. In general, exports, however, continue to indicate a sharp descent. The exports peaked at 40M 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 surged to $17M in 2022. Over the period under review, exports, however, saw a dramatic shrinkage. The exports peaked at $83M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Wine; Still, in Containers Holding More than 2 Litres in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 16.8 | 15.1 | 2.0 | 3.0 | -43.7% |
Netherlands | 14.3 | 15.1 | 0.5 | 2.6 | -43.3% |
Hong Kong SAR | 2.2 | 2.1 | 1.7 | 2.1 | -1.5% |
United States | 1.8 | 1.4 | 1.1 | 1.7 | -1.9% |
Ireland | 3.3 | 4.1 | 1.0 | 1.0 | -32.8% |
Spain | 7.0 | 4.4 | 0.1 | 0.7 | -53.6% |
Germany | 3.5 | 2.5 | 0.5 | 0.6 | -44.4% |
Switzerland | 0.4 | 0.2 | 0.5 | 0.5 | 7.7% |
Belgium | 3.2 | 2.6 | 0.5 | 0.5 | -46.1% |
Norway | 2.3 | 0.6 | 0.6 | 0.5 | -39.9% |
Poland | 3.3 | 4.8 | 0.1 | 0.4 | -50.5% |
Finland | 2.8 | 1.9 | 0.3 | 0.4 | -47.7% |
South Africa | N/A | N/A | N/A | 0.2 | 0% |
Others | 22.3 | 15.4 | 3.4 | 3.0 | -48.8% |
Total | 83.5 | 70.0 | 12.2 | 17.0 | -41.2% |
Top Export Markets for Wine; Still, in Containers Holding More than 2 Litres from the UK in 2022:
- Denmark (1212.1K litres)
- Netherlands (793.9K litres)
- Ireland (447.6K litres)
- Spain (423.0K litres)
- United States (254.5K litres)
- Hong Kong SAR (217.0K litres)
- South Africa (189.2K litres)
- Germany (183.0K litres)
- Finland (178.7K litres)
- Norway (174.9K litres)
- Belgium (161.8K litres)
- Poland (161.0K litres)
- Switzerland (107.9K litres)
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