Liqueurs and Cordials Price in Poland - 2023
Contents:
- Liqueurs and Cordials Price in Poland (CIF) - 2023
- Liqueurs and Cordials Price in Poland (FOB) - 2023
- Liqueurs and Cordials Imports in Poland
- Liqueurs and Cordials Exports in Poland
Liqueurs and Cordials Price in Poland (CIF) - 2023
In June 2023, the average liqueurs and cordials import price amounted to $7.1 per litre, with a decrease of -3% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.8%. The pace of growth was the most pronounced in April 2023 an increase of 20% m-o-m. The import price peaked at $7.3 per litre in May 2023, and then contracted in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was France ($9.4 per litre), while the price for Germany ($6.0 per litre) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Liqueurs and Cordials Price in Poland (FOB) - 2023
In June 2023, the average liqueurs and cordials export price amounted to $3.5 per litre, reducing by -11.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.4%. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 20% m-o-m. The export price peaked at $4.1 per litre in April 2023; however, from May 2023 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($4.0 per litre), while the average price for exports to the Czech Republic ($1.8 per litre) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Liqueurs and Cordials Imports in Poland
In 2022, the amount of liqueurs and cordialses imported into Poland rose rapidly to 10M litres, growing by 13% against the year before. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 21% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, liqueurs and cordials imports stood at $57M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.1% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 22%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Liqueurs and Cordials in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3.0 | 1.1 | 6.0 | 12.8 | 62.2% |
| Spain | 6.8 | 7.8 | 9.5 | 8.5 | 7.7% |
| Ireland | 8.3 | 9.3 | 8.2 | 8.3 | 0.0% |
| Germany | 8.0 | 13.2 | 16.1 | 7.2 | -3.5% |
| Netherlands | 1.1 | 2.4 | 2.9 | 7.1 | 86.2% |
| Belgium | 3.8 | 4.5 | 4.2 | 4.9 | 8.8% |
| Slovakia | 0.8 | 0.7 | 0.8 | 0.9 | 4.0% |
| Czech Republic | 1.1 | 0.6 | 0.7 | 0.5 | -23.1% |
| Others | 5.3 | 4.3 | 5.2 | 7.3 | 11.3% |
| Total | 38.2 | 43.9 | 53.7 | 57.3 | 14.5% |
Top Suppliers of Liqueurs and Cordials to Poland in 2022:
- Italy (2.1M litres)
- Netherlands (1.6M litres)
- Ireland (1.5M litres)
- Germany (1.4M litres)
- Spain (1.3M litres)
- Belgium (0.8M litres)
- Slovakia (0.2M litres)
- Czech Republic (0.1M litres)
Liqueurs and Cordials Exports in Poland
For the fourth year in a row, Poland recorded growth in shipments abroad of liqueurs and cordialses, which increased by 6.1% to 9.8M litres in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, liqueurs and cordials exports expanded markedly to $28M in 2022. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 46% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Liqueurs and Cordials in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.1 | 6.7 | 8.1 | 10.2 | 26.0% |
| Hungary | 0.8 | 1.5 | 2.4 | 2.4 | 44.2% |
| United Kingdom | 0.5 | 0.9 | 2.3 | 1.9 | 56.0% |
| Netherlands | 0.3 | 0.5 | 1.2 | 1.4 | 67.1% |
| United States | 1.2 | 1.1 | 2.0 | 1.3 | 2.7% |
| Romania | 0.7 | 0.6 | 0.9 | 1.2 | 19.7% |
| Mexico | N/A | N/A | 0.4 | 0.6 | 50.0% |
| Nigeria | 0.1 | N/A | 0.8 | 0.6 | 81.7% |
| Ukraine | 0.7 | 1.4 | 1.3 | 0.4 | -17.0% |
| Belgium | 0.3 | 0.3 | 0.4 | 0.3 | 0.0% |
| Spain | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
| Others | 3.7 | 3.7 | 4.8 | 7.1 | 24.3% |
| Total | 13.7 | 17.0 | 24.8 | 27.9 | 26.8% |
Top Export Markets for Liqueurs and Cordials from Poland in 2022:
- Germany (4500.9K litres)
- Hungary (1233.2K litres)
- United Kingdom (709.2K litres)
- Romania (483.6K litres)
- Netherlands (397.0K litres)
- United States (318.6K litres)
- Mexico (290.4K litres)
- Nigeria (277.7K litres)
- Belgium (208.4K litres)
- Ukraine (187.1K litres)
- Spain (180.6K litres)
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