Liqueurs and Cordials Price in France - 2023
Contents:
- Liqueurs and Cordials Price in France (FOB) - 2023
- Liqueurs and Cordials Price in France (CIF) - 2023
- Liqueurs and Cordials Exports in France
- Liqueurs and Cordials Imports in France
Liqueurs and Cordials Price in France (FOB) - 2023
The average liqueurs and cordials export price stood at $8.0 per litre in June 2023, rising by 4.2% against the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 17% against the previous month. The export price peaked at $8.0 per litre in March 2023; afterwards, it flattened through to June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($10.9 per litre), while the average price for exports to Greece ($4.3 per litre) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Liqueurs and Cordials Price in France (CIF) - 2023
In June 2023, the average liqueurs and cordials import price amounted to $4.6 per litre, jumping by 27% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($8.8 per litre), while the price for Spain ($1.5 per litre) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Liqueurs and Cordials Exports in France
Liqueurs and cordials exports from France expanded rapidly to 60M litres in 2022, with an increase of 9.6% on 2021. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.4% 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 +49.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, liqueurs and cordials exports stood at $440M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +11.0% 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 +47.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 47%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Liqueurs and Cordials in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 160 | 152 | 227 | 231 | 13.0% |
| United Kingdom | 23.4 | 29.1 | 60.9 | 27.4 | 5.4% |
| Japan | 24.4 | 19.4 | 14.9 | 19.8 | -6.7% |
| Canada | 10.8 | 11.1 | 14.1 | 17.8 | 18.1% |
| Belgium | 10.1 | 8.9 | 12.4 | 15.9 | 16.3% |
| Germany | 12.9 | 11.9 | 14.5 | 15.1 | 5.4% |
| Italy | 11.4 | 7.6 | 12.7 | 13.9 | 6.8% |
| Australia | 6.7 | 8.8 | 12.8 | 13.2 | 25.4% |
| Spain | 8.2 | 5.6 | 7.5 | 9.4 | 4.7% |
| Netherlands | 5.3 | 4.8 | 4.6 | 7.2 | 10.8% |
| China | 3.8 | 2.9 | 6.7 | 5.2 | 11.0% |
| Austria | 2.4 | 3.4 | 4.3 | 4.9 | 26.9% |
| Others | 42.7 | 32.7 | 45.1 | 59.6 | 11.8% |
| Total | 322 | 298 | 437 | 440 | 11.0% |
Top Export Markets for Liqueurs and Cordials from France in 2022:
- United States (22.6M litres)
- United Kingdom (4.2M litres)
- Belgium (4.2M litres)
- Japan (3.3M litres)
- Netherlands (2.9M litres)
- Canada (2.2M litres)
- Italy (2.2M litres)
- Australia (2.2M litres)
- Germany (2.1M litres)
- Spain (1.6M litres)
- Austria (1.0M litres)
- China (0.8M litres)
Liqueurs and Cordials Imports in France
In 2022, liqueurs and cordials imports into France rose notably to 32M litres, picking up by 13% against the previous year. The total import volume increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, liqueurs and cordials imports contracted slightly to $114M in 2022. In general, imports, however, continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2021 with an increase of less than 0.1% against the previous year. Imports peaked at $120M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Liqueurs and Cordials in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 54.4 | 45.1 | 36.7 | 27.5 | -20.3% |
| Belgium | 20.0 | 21.6 | 27.6 | 26.2 | 9.4% |
| Germany | 13.6 | 12.4 | 17.1 | 21.1 | 15.8% |
| Ireland | 13.0 | 12.1 | 12.1 | 16.3 | 7.8% |
| Sweden | 5.1 | 5.0 | 6.9 | 7.0 | 11.1% |
| Spain | 3.6 | 3.0 | 3.7 | 5.2 | 13.0% |
| Netherlands | 2.2 | 6.1 | 6.9 | 4.8 | 29.7% |
| Others | 8.4 | 12.3 | 6.5 | 6.2 | -9.6% |
| Total | 120 | 117 | 117 | 114 | -1.7% |
Top Suppliers of Liqueurs and Cordials to France in 2022:
- Italy (10.7M litres)
- Germany (6.1M litres)
- Spain (4.6M litres)
- Ireland (3.6M litres)
- Belgium (3.4M litres)
- Sweden (2.0M litres)
- Netherlands (0.9M litres)
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