Price for Wine; Still, in Containers Holding More than 2 Litres in Argentina - 2023

Contents:

  1. Price for Wine; Still, in Containers Holding More than 2 Litres in Argentina (FOB) - 2022
  2. Price for Wine; Still, in Containers Holding More than 2 Litres in Argentina (CIF) - 2022
  3. Exports of Wine; Still, in Containers Holding More than 2 Litres in Argentina
  4. Imports of Wine; Still, in Containers Holding More than 2 Litres in Argentina

Price for Wine; Still, in Containers Holding More than 2 Litres in Argentina (FOB) - 2022

In 2022, the average export price for wine; still, in containers holding more than 2 litreses amounted to $0.9 per litre, growing by 22% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 58% against the previous year. Over the period under review, the average export prices hit record highs at $1.5 per litre in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($1.4 per litre), while the average price for exports to Cote d'Ivoire ($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 Cote d'Ivoire (+64.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wine; Still, in Containers Holding More than 2 Litres in Argentina (CIF) - 2022

In 2022, the average import price for wine; still, in containers holding more than 2 litreses amounted to $1.5 per litre, growing by 14% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 43%. Over the period under review, average import prices hit record highs at $2.2 per litre in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Chile.

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +13.0% per year.

Exports of Wine; Still, in Containers Holding More than 2 Litres in Argentina

In 2022, shipments abroad of wine; still, in containers holding more than 2 litreses decreased by -26.8% to 63M litres, falling for the second year in a row after two years of growth. Over the period under review, exports showed a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 64% against the previous year. As a result, the exports attained the peak of 184M litres. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of wine; still, in containers holding more than 2 litreses contracted to $56M in 2022. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by 26% against the previous year. As a result, the exports reached the peak of $85M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Wine; Still, in Containers Holding More than 2 Litres in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom22.531.133.427.97.4%
United States8.37.110.713.818.5%
France1.92.21.92.48.1%
Denmark2.32.32.12.0-4.6%
Sweden2.42.01.72.0-5.9%
Canada9.411.76.61.8-42.4%
Germany4.02.92.61.8-23.4%
Peru0.60.60.71.226.0%
Mexico1.92.40.80.4-40.5%
Cote d'IvoireN/A0.2N/A0.441.4%
Russia2.30.4N/AN/A-82.6%
China2.78.01.3N/A-30.6%
South Africa3.00.6N/AN/A-80.0%
Others6.414.01.02.4-27.9%
Total67.785.462.856.0-6.1%

Top Export Markets for Wine; Still, in Containers Holding More than 2 Litres from Argentina in 2022:

  1. United Kingdom (28.4M litres)
  2. United States (15.8M litres)
  3. Germany (3.0M litres)
  4. France (2.8M litres)
  5. Denmark (2.7M litres)
  6. Canada (2.1M litres)
  7. Peru (2.1M litres)
  8. Sweden (2.0M litres)
  9. Cote d'Ivoire (1.0M litres)
  10. Mexico (0.8M litres)
  11. China (0.1M litres)

Imports of Wine; Still, in Containers Holding More than 2 Litres in Argentina

In 2022, overseas purchases of wine; still, in containers holding more than 2 litreses decreased by -56.5% to 160K litres for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 600%. As a result, imports attained the peak of 369K litres, and then fell significantly in the following year.

In value terms, imports of wine; still, in containers holding more than 2 litreses reduced markedly to $246K in 2022. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 754% against the previous year. As a result, imports reached the peak of $497K, and then shrank sharply in the following year.

Import of Wine; Still, in Containers Holding More than 2 Litres in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile30.235.249523297.3%
OthersN/A22.92.213.9-22.1%
Total30.258.2497246101.2%

Top Suppliers of Wine; Still, in Containers Holding More than 2 Litres to Argentina in 2022:

  1. Chile (160.0K litres)

Source: IndexBox Market Intelligence Platform

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