Bolivia - Sparkling Wine - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 4, 2024

Bolivia - Sparkling Wine - Market Analysis, Forecast, Size, Trends And Insights

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Sparkling Wine Price in Bolivia - 2023

Contents:

  1. Sparkling Wine Price in Bolivia (CIF) - 2022
  2. Sparkling Wine Price in Bolivia (FOB) - 2022
  3. Sparkling Wine Imports in Bolivia
  4. Sparkling Wine Exports in Bolivia

Sparkling Wine Price in Bolivia (CIF) - 2022

The average sparkling wine import price stood at $6 per litre in 2022, rising by 12% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sparkling wine import price increased by +30.5% against 2018 indices. The most prominent rate of growth was recorded in 2017 an increase of 71%. As a result, import price attained the peak level of $7.9 per litre. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($32 per litre), while the price for Spain ($5.6 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Sparkling Wine Price in Bolivia (FOB) - 2022

The average sparkling wine export price stood at $2.8 per litre in 2022, waning by -3.4% against the previous year. Over the period under review, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2014 an increase of 48%. Over the period under review, the average export prices attained the peak figure at $16 per litre in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Argentina ($277 per litre), while the average price for exports to Germany amounted to $0.6 per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+45.9%).

Sparkling Wine Imports in Bolivia

Sparkling wine imports into Bolivia dropped to 64K litres in 2022, with a decrease of -5.2% on the year before. Overall, imports, however, showed temperate growth. The pace of growth appeared the most rapid in 2021 when imports increased by 149% against the previous year. As a result, imports reached the peak of 68K litres, and then contracted in the following year.

In value terms, sparkling wine imports stood at $386K in 2022. Over the period under review, imports, however, posted a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 168% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Import of Sparkling Wine in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina1378.213625422.8%
Spain13.39.861.559.564.8%
Brazil7.35.518.427.555.6%
Portugal6.64.818.513.827.9%
Chile13.02.21.1N/A-70.9%
United States22.39.124.1N/A4.0%
Italy6.95.07.2N/A2.2%
Others96.590.895.530.5-31.9%
Total3031353633868.4%

Top Suppliers of Sparkling Wine to Bolivia in 2022:

  1. Argentina (45.2K litres)
  2. Spain (10.6K litres)
  3. Brazil (4.9K litres)
  4. Portugal (2.5K litres)

Sparkling Wine Exports in Bolivia

In 2022, approx. 250 litres of sparkling wine were exported from Bolivia; jumping by 98% on 2021 figures. Over the period under review, exports, however, recorded a mild setback. The exports peaked at 514 litres in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, sparkling wine exports skyrocketed to $709 in 2022. Overall, exports, however, recorded a deep setback. The growth pace was the most rapid in 2020 when exports increased by 92%. As a result, the exports attained the peak of $2.1K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Sparkling Wine in Bolivia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina873607205277-31.8%
Germany19818281.0145-9.9%
LuxembourgN/A642N/AN/A0%
Others25.067484.0287125.6%
Total1,0962,105370709-13.5%

Top Export Markets for Sparkling Wine from Bolivia in 2022:

  1. Germany (245.0 litres)
  2. Argentina (1.0 litres)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sparkling wine market in Bolivia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 11021130 - Champagne (important: excluding alcohol duty)
  • Prodcom 11021190 - Sparkling wine from fresh grapes (excluding champagne, a lcohol duty)

Country coverage:

  • Bolivia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Bolivia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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