Price for Wine; Still, in Containers Holding More than 2 Litres in India - 2023
Contents:
- Price for Wine; Still, in Containers Holding More than 2 Litres in India (CIF) - 2022
- Price for Wine; Still, in Containers Holding More than 2 Litres in India (FOB) - 2022
- Imports of Wine; Still, in Containers Holding More than 2 Litres in India
- Exports of Wine; Still, in Containers Holding More than 2 Litres in India
Price for Wine; Still, in Containers Holding More than 2 Litres in India (CIF) - 2022
The average import price for wine; still, in containers holding more than 2 litreses stood at $4 per litre in 2022, reducing by -10.7% against the previous year. In general, the import price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 18%. Over the period under review, average import prices attained the maximum at $5.5 per litre in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($5.1 per litre), while the price for Spain ($2.1 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Wine; Still, in Containers Holding More than 2 Litres in India (FOB) - 2022
In 2022, the average export price for wine; still, in containers holding more than 2 litreses amounted to $8.6 per litre, declining by -49.2% against the previous year. In general, the export price, however, posted a resilient expansion. The growth pace was the most rapid in 2021 an increase of 133%. As a result, the export price reached the peak level of $17 per litre, and then reduced remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($46 per litre), while the average price for exports to Bhutan ($0.8 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 Nigeria (+43.0%), 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 India
In 2022, imports of wine; still, in containers holding more than 2 litreses into India soared to 2.1M litres, increasing by 38% against the year before. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 54% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of wine; still, in containers holding more than 2 litreses surged to $8.2M in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 71% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Wine; Still, in Containers Holding More than 2 Litres in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 852 | 906 | 1,415 | 2,313 | 39.5% |
| Chile | 589 | 657 | 1,140 | 1,347 | 31.8% |
| France | 899 | 882 | 1,092 | 1,343 | 14.3% |
| United States | 514 | 338 | 668 | 1,138 | 30.3% |
| Australia | 365 | 468 | 1,685 | 628 | 19.8% |
| Spain | 309 | 227 | 246 | 354 | 4.6% |
| Argentina | 80.6 | 30.7 | 53.5 | 169 | 28.0% |
| Others | 529 | 349 | 314 | 889 | 18.9% |
| Total | 4,137 | 3,857 | 6,613 | 8,181 | 25.5% |
Top Suppliers of Wine; Still, in Containers Holding More than 2 Litres to India in 2022:
- Italy (501.7K litres)
- Chile (475.8K litres)
- France (305.2K litres)
- United States (222.7K litres)
- Spain (165.1K litres)
- Australia (159.8K litres)
- Argentina (44.8K litres)
Exports of Wine; Still, in Containers Holding More than 2 Litres in India
In 2022, shipments abroad of wine; still, in containers holding more than 2 litreses was finally on the rise to reach 79K litres after two years of decline. In general, exports, however, saw a precipitous setback. The exports peaked at 155K 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 more than 2 litreses surged to $678K in 2022. Overall, exports, however, saw a deep contraction. The exports peaked at $843K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Wine; Still, in Containers Holding More than 2 Litres in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 220 | 292 | 465 | 518 | 33.0% |
| United Kingdom | 127 | 27.4 | 4.5 | 60.3 | -22.0% |
| Netherlands | 301 | 69.7 | 42.9 | 34.8 | -51.3% |
| United Arab Emirates | N/A | N/A | N/A | 31.7 | 0% |
| Bhutan | N/A | N/A | N/A | 31.0 | 0% |
| Sri Lanka | 145 | N/A | N/A | N/A | 0% |
| Togo | 19.5 | 17.4 | N/A | N/A | -10.8% |
| Ghana | 9.5 | 36.8 | 15.8 | N/A | 29.0% |
| Others | 21.3 | 13.2 | 0.1 | 2.5 | -51.0% |
| Total | 843 | 457 | 528 | 678 | -7.0% |
Top Export Markets for Wine; Still, in Containers Holding More than 2 Litres from India in 2022:
- Bhutan (38.0K litres)
- United Arab Emirates (15.5K litres)
- Singapore (11.3K litres)
- United Kingdom (9.4K litres)
- Netherlands (4.7K litres)
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