Price for Wine; Still, in Containers Holding More than 2 Litres in Austria - 2023
Contents:
- Price for Wine; Still, in Containers Holding More than 2 Litres in Austria (CIF) - 2023
- Price for Wine; Still, in Containers Holding More than 2 Litres in Austria (FOB) - 2022
- Imports of Wine; Still, in Containers Holding More than 2 Litres in Austria
- Exports of Wine; Still, in Containers Holding More than 2 Litres in Austria
Price for Wine; Still, in Containers Holding More than 2 Litres in Austria (CIF) - 2023
The average import price for wine; still, in containers holding more than 2 litreses stood at $744 per thousand litres in November 2023, shrinking by -24.2% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 an increase of 29% m-o-m. As a result, import price reached the peak level of $1.0 per litre, and then contracted remarkably in the following month.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Italy ($758 per thousand litres), while the price for North Macedonia ($619 per thousand litres) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Hungary (+1.1%), 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 Austria (FOB) - 2022
The average export price for wine; still, in containers holding more than 2 litreses stood at $0.8 per litre in 2022, which is down by -5.1% against the previous year. Overall, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by 42%. As a result, the export price reached the peak level of $1.6 per litre. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($2.3 per litre), while the average price for exports to Slovakia ($0.4 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 Norway (-1.2%), while the prices for the other major destinations experienced a decline.
Imports of Wine; Still, in Containers Holding More than 2 Litres in Austria
In 2022, imports of wine; still, in containers holding more than 2 litreses into Austria skyrocketed to 21M litres, jumping by 25% on 2021. Over the period under review, total imports indicated a moderate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.9% 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 decreased by -16.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year. As a result, imports reached the peak of 25M litres. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of wine; still, in containers holding more than 2 litreses surged to $17M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 56% against the previous year. As a result, imports attained the peak of $21M. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Wine; Still, in Containers Holding More than 2 Litres in Austria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 10.4 | 12.1 | 8.4 | 12.2 | 5.5% |
Hungary | 1.0 | 3.2 | 0.8 | 1.2 | 6.3% |
North Macedonia | N/A | 1.3 | 1.1 | 1.1 | -8.0% |
Slovakia | N/A | 0.2 | 0.2 | 0.6 | 73.2% |
Germany | 0.8 | 1.9 | 0.8 | 0.4 | -20.6% |
Spain | 0.2 | 0.6 | 0.3 | 0.3 | 14.5% |
South Africa | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
Others | 0.7 | 1.6 | 0.9 | 0.6 | -5.0% |
Total | 13.4 | 20.9 | 12.5 | 16.7 | 7.6% |
Top Suppliers of Wine; Still, in Containers Holding More than 2 Litres to Austria in 2022:
- Italy (14.6M litres)
- Hungary (2.0M litres)
- North Macedonia (1.9M litres)
- Slovakia (0.9M litres)
- Spain (0.5M litres)
- South Africa (0.4M litres)
- Germany (0.2M litres)
Exports of Wine; Still, in Containers Holding More than 2 Litres in Austria
For the fourth year in a row, Austria recorded growth in overseas shipments of wine; still, in containers holding more than 2 litreses, which increased by 0.2% to 20M litres in 2022. The total export volume increased at an average annual rate of +12.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of wine; still, in containers holding more than 2 litreses declined modestly to $16M in 2022. The total export value increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 26% against the previous year. The exports peaked at $17M in 2021, and then shrank slightly in the following year.
Export of Wine; Still, in Containers Holding More than 2 Litres in Austria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 6.6 | 8.7 | 10.8 | 12.3 | 23.1% |
Norway | 1.0 | 2.1 | 2.0 | 1.3 | 9.1% |
Switzerland | 0.4 | 0.6 | 0.5 | 0.7 | 20.5% |
Czech Republic | 1.0 | 0.8 | 0.4 | 0.3 | -33.1% |
Slovakia | 1.2 | 0.7 | 0.3 | 0.3 | -37.0% |
Others | 1.6 | 2.2 | 2.6 | 1.0 | -14.5% |
Total | 11.9 | 15.0 | 16.6 | 15.8 | 9.9% |
Top Export Markets for Wine; Still, in Containers Holding More than 2 Litres from Austria in 2022:
- Germany (17.4M litres)
- Slovakia (0.6M litres)
- Norway (0.6M litres)
- Czech Republic (0.5M litres)
- Switzerland (0.5M litres)
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