Liqueurs and Cordials Price in Argentina - 2023
Contents:
- Liqueurs and Cordials Price in Argentina (CIF) - 2022
- Liqueurs and Cordials Price in Argentina (FOB) - 2022
- Liqueurs and Cordials Imports in Argentina
- Liqueurs and Cordials Exports in Argentina
Liqueurs and Cordials Price in Argentina (CIF) - 2022
The average liqueurs and cordials import price stood at $4.4 per litre in 2022, approximately equating the previous year. Over the period under review, the import price showed a slight curtailment. The most prominent rate of growth was recorded in 2014 when the average import price increased by 8.7%. As a result, import price reached the peak level of $5.7 per litre. From 2015 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 the UK ($6.2 per litre), while the price for the United States ($3.2 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+22.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Liqueurs and Cordials Price in Argentina (FOB) - 2022
The average liqueurs and cordials export price stood at $2.3 per litre in 2022, with an increase of 13% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The export price peaked at $2.8 per litre in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Chile.
From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +7.2% per year.
Liqueurs and Cordials Imports in Argentina
In 2022, approx. 1.9M litres of liqueurs and cordialses were imported into Argentina; with a decrease of -4.4% compared with the year before. In general, imports, however, recorded a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by 95%. As a result, imports attained the peak of 2M litres, and then fell modestly in the following year.
In value terms, liqueurs and cordials imports reduced to $8.6M in 2022. Over the period under review, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 96% against the previous year. As a result, imports reached the peak of $9.1M, and then dropped in the following year.
| Import of Liqueurs and Cordials in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 1,360 | 1,658 | 3,568 | 3,529 | 37.4% |
| Germany | 1,931 | 1,403 | 2,064 | 2,042 | 1.9% |
| United States | 975 | 302 | 747 | 739 | -8.8% |
| South Africa | 409 | 374 | 733 | 725 | 21.0% |
| United Kingdom | 83.3 | 124 | 683 | 676 | 101.0% |
| Italy | 64.8 | 157 | 334 | 331 | 72.2% |
| Austria | 43.0 | 81.2 | 139 | 138 | 47.5% |
| Brazil | N/A | 258 | 373 | N/A | 44.6% |
| Others | 193 | 277 | 446 | 391 | 26.5% |
| Total | 5,059 | 4,633 | 9,088 | 8,569 | 19.2% |
Top Suppliers of Liqueurs and Cordials to Argentina in 2022:
- Ireland (922.8K litres)
- Germany (351.5K litres)
- United States (228.4K litres)
- South Africa (149.3K litres)
- United Kingdom (109.6K litres)
- Italy (92.2K litres)
- Austria (34.9K litres)
Liqueurs and Cordials Exports in Argentina
After three years of growth, shipments abroad of liqueurs and cordialses decreased by -21.4% to 1.9M litres in 2022. In general, exports, however, posted prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 75%. As a result, the exports reached the peak of 2.4M litres, and then declined dramatically in the following year.
In value terms, liqueurs and cordials exports dropped to $4.4M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 31% against the previous year. The exports peaked at $5M in 2021, and then fell in the following year.
| Export of Liqueurs and Cordials in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 2.4 | 0.2 | 5.0 | 4.4 | 22.4% |
| Bolivia | N/A | 3.7 | N/A | N/A | 0% |
| Uruguay | 0.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.0 | 3.9 | 5.0 | 4.4 | 13.6% |
Top Export Markets for Liqueurs and Cordials from Argentina in 2022:
- Chile (1.9M litres)
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