Price for Wine; Still, in Containers Holding More than 2 Litres in Malaysia - 2024

Contents:

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

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

The average import price for wine; still, in containers holding more than 2 litreses stood at $3.2 per litre in 2022, surging by 79% against the previous year. In general, the import price continues to indicate buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($27 per litre), while the price for Australia ($1.2 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+25.1%), 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 Malaysia (FOB) - 2022

In 2022, the average export price for wine; still, in containers holding more than 2 litreses amounted to $9.5 per litre, picking up by 45% against the previous year. In general, the export price posted a mild increase. The most prominent rate of growth was recorded in 2021 an increase of 81%. The export price peaked at $11 per litre in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Macao SAR ($26 per litre), while the average price for exports to Singapore ($4.4 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 Macao SAR (+85.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of wine; still, in containers holding more than 2 litreses into Malaysia soared to 828K litres, rising by 89% on 2021 figures. In general, imports showed significant growth. As a result, imports attained 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 skyrocketed to $2.7M in 2022. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Wine; Still, in Containers Holding More than 2 Litres in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France45.315.357.8746154.4%
ChinaN/A42.2N/A521251.4%
Australia84.587.910.951582.7%
Spain32.01.780.220184.5%
United States78.353.420.616327.7%
Singapore17122129995.0-17.8%
Thailand71.918621.6N/A-45.2%
Others12357.930142951.7%
Total6066657922,67063.9%

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

  1. Australia (427.9K litres)
  2. Spain (147.6K litres)
  3. France (73.0K litres)
  4. United States (70.5K litres)
  5. Singapore (50.7K litres)
  6. China (19.0K litres)

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

In 2022, shipments abroad of wine; still, in containers holding more than 2 litreses decreased by -74.2% to 109K litres, falling for the second year in a row after two years of growth. Over the period under review, exports saw a dramatic slump. The most prominent rate of growth was recorded in 2020 when exports increased by 55%. As a result, the exports reached the peak of 2.8M litres. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of wine; still, in containers holding more than 2 litreses dropped sharply to $1M in 2022. In general, exports recorded a dramatic contraction. The pace of growth was the most pronounced in 2020 when exports increased by 81%. As a result, the exports reached the peak of $10M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Wine; Still, in Containers Holding More than 2 Litres in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Macao SAR9122,102618665-10.0%
Singapore3138622183342.2%
Thailand1996.414434.4-44.3%
Hong Kong SAR3,1246,5431,630N/A-27.8%
China116106N/AN/A-8.6%
Vietnam396231N/AN/A-41.7%
Cambodia344N/AN/AN/A0%
Taiwan (Chinese)67.4101158N/A53.1%
Others39.60.80.3N/A-91.3%
Total5,5119,9532,7691,033-42.8%

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

  1. Singapore (76.8K litres)
  2. Macao SAR (25.2K litres)
  3. Thailand (7.2K litres)

Source: IndexBox Market Intelligence Platform

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