Price for Wine; Still, in Containers Holding 2 Litres or Less in Romania - 2023
Contents:
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Romania (CIF) - 2023
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Romania (FOB) - 2023
- Imports of Wine; Still, in Containers Holding 2 Litres or Less in Romania
- Exports of Wine; Still, in Containers Holding 2 Litres or Less in Romania
Price for Wine; Still, in Containers Holding 2 Litres or Less in Romania (CIF) - 2023
In November 2023, the average import price for wine; still, in containers holding 2 litres or lesses amounted to $3.2 per litre, falling by -6.4% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 12% m-o-m. The import price peaked at $3.9 per litre in May 2023; however, from June 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was France ($11.4 per litre), while the price for Hungary ($1.0 per litre) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Portugal (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wine; Still, in Containers Holding 2 Litres or Less in Romania (FOB) - 2023
In November 2023, the average export price for wine; still, in containers holding 2 litres or lesses amounted to $3.0 per litre, picking up by 13% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +2.5%. The pace of growth appeared the most rapid in September 2023 when the average export price increased by 13% month-to-month. The export price peaked in November 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($6.1 per litre), while the average price for exports to Bulgaria ($782 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 the United States (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wine; Still, in Containers Holding 2 Litres or Less in Romania
In 2022, approx. 20M litres of wine; still, in containers holding 2 litres or lesses were imported into Romania; growing by 17% compared with the previous year. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.7% 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 +46.9% against 2019 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 2 litres or lesses rose notably to $64M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.5% 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 +66.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 33%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Wine; Still, in Containers Holding 2 Litres or Less in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Moldova | 13.6 | 17.1 | 21.6 | 23.8 | 20.5% |
| Italy | 7.7 | 7.9 | 12.9 | 15.4 | 26.0% |
| France | 4.8 | 4.6 | 6.9 | 7.7 | 17.1% |
| Germany | 2.9 | 3.6 | 4.4 | 4.0 | 11.3% |
| Spain | 2.5 | 2.7 | 2.1 | 3.1 | 7.4% |
| Portugal | 1.2 | 1.5 | 2.3 | 2.8 | 32.6% |
| Hungary | 1.7 | 1.9 | 2.5 | 2.6 | 15.2% |
| Czech Republic | 1.3 | 1.3 | 1.7 | 1.1 | -5.4% |
| Others | 2.4 | 2.7 | 3.3 | 3.1 | 8.9% |
| Total | 38.2 | 43.3 | 57.6 | 63.6 | 18.5% |
Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to Romania in 2022:
- Moldova (7.4M litres)
- Italy (4.0M litres)
- Hungary (2.4M litres)
- Germany (1.7M litres)
- Spain (1.7M litres)
- France (1.0M litres)
- Portugal (0.8M litres)
- Czech Republic (0.4M litres)
Exports of Wine; Still, in Containers Holding 2 Litres or Less in Romania
Exports of wine; still, in containers holding 2 litres or lesses from Romania amounted to 16M litres in 2022, approximately equating the previous year's figure. The total export volume increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of wine; still, in containers holding 2 litres or lesses contracted to $34M in 2022. The total export value increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 21%. As a result, the exports attained the peak of $37M, and then reduced in the following year.
| Export of Wine; Still, in Containers Holding 2 Litres or Less in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 4.5 | 6.7 | 8.4 | 10.0 | 30.5% |
| Germany | 5.9 | 6.8 | 8.5 | 6.7 | 4.3% |
| United Kingdom | 5.8 | 4.4 | 6.4 | 5.7 | -0.6% |
| United States | 1.5 | 1.7 | 1.7 | 1.2 | -7.2% |
| Italy | 1.1 | 1.3 | 1.4 | 1.2 | 2.9% |
| China | 2.6 | 1.3 | 1.3 | 1.1 | -24.9% |
| Spain | 1.8 | 1.8 | 1.8 | 1.1 | -15.1% |
| Belgium | 0.4 | 0.6 | 0.9 | 0.8 | 26.0% |
| Canada | 0.5 | 0.5 | 0.6 | 0.6 | 6.3% |
| Estonia | 0.4 | 0.4 | 0.4 | 0.5 | 7.7% |
| Poland | 1.1 | 1.1 | 0.6 | 0.1 | -55.0% |
| Others | 3.9 | 4.0 | 5.1 | 5.1 | 9.4% |
| Total | 29.4 | 30.7 | 37.1 | 34.1 | 5.1% |
Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from Romania in 2022:
- Netherlands (5.5M litres)
- Germany (3.5M litres)
- United Kingdom (2.5M litres)
- United States (0.5M litres)
- Italy (0.5M litres)
- Spain (0.5M litres)
- Estonia (0.3M litres)
- Belgium (0.3M litres)
- Canada (0.2M litres)
- China (0.2M litres)
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