Price for Wine; Still, in Containers Holding More than 2 Litres in Vietnam - 2022
Contents:
- Price for Wine; Still, in Containers Holding More than 2 Litres in Vietnam (CIF) - 2022
- Price for Wine; Still, in Containers Holding More than 2 Litres in Vietnam (FOB) - 2022
- Imports of Wine; Still, in Containers Holding More than 2 Litres in Vietnam
- Exports of Wine; Still, in Containers Holding More than 2 Litres in Vietnam
Price for Wine; Still, in Containers Holding More than 2 Litres in Vietnam (CIF) - 2022
The average import price for wine; still, in containers holding more than 2 litreses stood at $1.2 per litre in December 2022, reducing by -8.4% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 9.6% m-o-m. As a result, import price attained the peak level of $1.3 per litre. From October 2022 to December 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the countries with the highest prices were Italy ($1.2 per litre) and France ($1.2 per litre), while the price for Chile ($1.1 per litre) and Australia ($1.1 per litre) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Italy (+0.6%), 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 Vietnam (FOB) - 2022
In 2022, the average export price for wine; still, in containers holding more than 2 litreses amounted to $1.2 per litre, rising by 21% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 40% against the previous year. The export price peaked at $1.4 per litre in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to -0.6% per year.
Imports of Wine; Still, in Containers Holding More than 2 Litres in Vietnam
In 2022, imports of wine; still, in containers holding more than 2 litreses into Vietnam soared to 4.6M litres, with an increase of 40% against 2021 figures. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +87.0% against 2020 indices. 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 soared to $5.7M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +7.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Wine; Still, in Containers Holding More than 2 Litres in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 525 | 400 | 1,313 | 1,859 | 52.4% |
| Chile | 1,280 | 805 | 1,159 | 1,321 | 1.1% |
| France | 1,300 | 566 | 953 | 1,204 | -2.5% |
| Spain | 178 | 108 | 388 | 620 | 51.6% |
| Australia | 162 | 817 | 128 | 526 | 48.1% |
| South Africa | 361 | 25.9 | 82.5 | 76.5 | -40.4% |
| Argentina | 176 | 20.1 | 75.3 | 45.1 | -36.5% |
| Ukraine | 150 | 37.7 | 57.2 | 9.6 | -60.0% |
| Others | 512 | 207 | 97.8 | 81.5 | -45.8% |
| Total | 4,643 | 2,985 | 4,253 | 5,743 | 7.3% |
Top Suppliers of Wine; Still, in Containers Holding More than 2 Litres to Vietnam in 2022:
- Italy (1380.0K litres)
- Chile (1119.9K litres)
- France (1003.4K litres)
- Spain (525.0K litres)
- Australia (445.1K litres)
- South Africa (40.8K litres)
- Argentina (39.6K litres)
- Ukraine (8.5K litres)
Exports of Wine; Still, in Containers Holding More than 2 Litres in Vietnam
In 2022, overseas shipments of wine; still, in containers holding more than 2 litreses were finally on the rise to reach 263K litres after two years of decline. Over the period under review, exports, however, continue to indicate a dramatic contraction. The exports peaked at 1.2M 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 $313K in 2022. In general, exports, however, showed a sharp descent. The exports peaked at $863K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Wine; Still, in Containers Holding More than 2 Litres in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 840 | 238 | 7.4 | 310 | -28.3% |
| Nigeria | 15.3 | 4.4 | 4.6 | N/A | -45.2% |
| Others | 7.3 | 8.4 | N/A | 2.7 | -28.2% |
| Total | 863 | 250 | 12.0 | 313 | -28.7% |
Top Export Markets for Wine; Still, in Containers Holding More than 2 Litres from Vietnam in 2022:
- France (260.3K litres)
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