Price for Wine; Still, in Containers Holding 2 Litres or Less in Portugal - 2023
Contents:
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Portugal (FOB) - 2023
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Portugal (CIF) - 2022
- Exports of Wine; Still, in Containers Holding 2 Litres or Less in Portugal
- Imports of Wine; Still, in Containers Holding 2 Litres or Less in Portugal
Price for Wine; Still, in Containers Holding 2 Litres or Less in Portugal (FOB) - 2023
In November 2023, the average export price for wine; still, in containers holding 2 litres or lesses amounted to $4.1 per litre, almost unchanged from the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 8.3% m-o-m. Over the period under review, the average export prices reached the peak figure at $4.2 per litre in October 2023, and then fell modestly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($5.7 per litre), while the average price for exports to Guinea-Bissau ($943 per thousand litres) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wine; Still, in Containers Holding 2 Litres or Less in Portugal (CIF) - 2022
The average import price for wine; still, in containers holding 2 litres or lesses stood at $1.1 per litre in 2022, picking up by 7.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2013 an increase of 24%. As a result, import price attained the peak level of $1.2 per litre. From 2014 to 2022, the average import prices remained at a 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 France ($6.1 per litre), while the price for Spain ($0.7 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-0.0%), while the prices for the other major suppliers experienced a decline.
Exports of Wine; Still, in Containers Holding 2 Litres or Less in Portugal
In 2022, after three years of growth, there was significant decline in overseas shipments of wine; still, in containers holding 2 litres or lesses, when their volume decreased by -5.1% to 249M litres. The total export volume increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 6.6% against the previous year. The exports peaked at 263M litres in 2021, and then contracted in the following year.
In value terms, exports of wine; still, in containers holding 2 litres or lesses reduced to $884M in 2022. The total export value increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. As a result, the exports attained the peak of $1B, and then reduced in the following year.
| Export of Wine; Still, in Containers Holding 2 Litres or Less in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 96.5 | 101 | 117 | 107 | 3.5% |
| France | 117 | 115 | 123 | 104 | -3.9% |
| United Kingdom | 85.7 | 107 | 113 | 86.3 | 0.2% |
| Brazil | 59.2 | 75.8 | 83.7 | 71.0 | 6.2% |
| Canada | 51.1 | 54.5 | 56.9 | 52.1 | 0.6% |
| Belgium | 50.6 | 52.1 | 55.8 | 49.8 | -0.5% |
| Netherlands | 50.3 | 54.1 | 59.0 | 49.7 | -0.4% |
| Germany | 47.9 | 50.8 | 59.3 | 47.7 | -0.1% |
| Poland | 24.8 | 29.4 | 36.4 | 34.5 | 11.6% |
| Switzerland | 32.2 | 34.8 | 38.4 | 32.9 | 0.7% |
| Angola | 26.5 | 16.1 | 15.4 | 23.3 | -4.2% |
| Spain | 14.4 | 15.3 | 20.3 | 20.4 | 12.3% |
| Guinea-Bissau | 4.8 | 5.1 | 7.4 | 7.5 | 16.0% |
| Others | 187 | 187 | 217 | 198 | 1.9% |
| Total | 848 | 899 | 1,003 | 884 | 1.4% |
Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from Portugal in 2022:
- France (29.5M litres)
- United Kingdom (23.1M litres)
- United States (22.7M litres)
- Brazil (22.4M litres)
- Poland (14.3M litres)
- Germany (14.3M litres)
- Belgium (13.2M litres)
- Netherlands (12.7M litres)
- Canada (11.1M litres)
- Guinea-Bissau (9.9M litres)
- Angola (8.5M litres)
- Spain (7.3M litres)
- Switzerland (7.2M litres)
Imports of Wine; Still, in Containers Holding 2 Litres or Less in Portugal
In 2022, after three years of growth, there was significant decline in supplies from abroad of wine; still, in containers holding 2 litres or lesses, when their volume decreased by -9.2% to 56M litres. The total import volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 16% against the previous year. As a result, imports reached the peak of 62M litres, and then dropped in the following year.
In value terms, imports of wine; still, in containers holding 2 litres or lesses dropped slightly to $61M in 2022. The total import value increased at an average annual rate of +8.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. As a result, imports reached the peak of $63M, and then contracted in the following year.
| Import of Wine; Still, in Containers Holding 2 Litres or Less in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 27.6 | 29.5 | 32.7 | 29.8 | 2.6% |
| France | 6.1 | 9.9 | 12.6 | 14.2 | 32.5% |
| Italy | 8.3 | 6.9 | 10.3 | 9.0 | 2.7% |
| Germany | 1.7 | 2.4 | 2.7 | 3.3 | 24.7% |
| Others | 3.8 | 3.1 | 4.2 | 4.8 | 8.1% |
| Total | 47.5 | 51.8 | 62.5 | 61.1 | 8.8% |
Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to Portugal in 2022:
- Spain (45.9M litres)
- Italy (6.5M litres)
- France (2.4M litres)
- Germany (1.0M litres)
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