Liqueurs and Cordials Price in the Czech Republic - 2023

Contents:

  1. Liqueurs and Cordials Price in the Czech Republic (CIF) - 2023
  2. Liqueurs and Cordials Price in the Czech Republic (FOB) - 2022
  3. Liqueurs and Cordials Imports in the Czech Republic
  4. Liqueurs and Cordials Exports in the Czech Republic

Liqueurs and Cordials Price in the Czech Republic (CIF) - 2023

The average liqueurs and cordials import price stood at $4.2 per litre in June 2023, declining by -5.5% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 25% month-to-month. The import price peaked at $5.9 per litre in March 2023; however, from April 2023 to June 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Spain ($8.4 per litre), while the price for Poland ($1.7 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 Slovakia (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Liqueurs and Cordials Price in the Czech Republic (FOB) - 2022

The average liqueurs and cordials export price stood at $2.3 per litre in 2022, reducing by -10.4% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 14% against the previous year. The export price peaked at $2.6 per litre in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($3.9 per litre), while the average price for exports to Hungary ($1.6 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 Russia (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Liqueurs and Cordials Imports in the Czech Republic

Liqueurs and cordials imports into the Czech Republic expanded notably to 9.1M litres in 2022, increasing by 5.8% on the year before. Overall, imports, however, saw a pronounced decline. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year. Imports peaked at 10M litres in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, liqueurs and cordials imports fell to $43M in 2022. Over the period under review, imports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Imports peaked at $51M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Liqueurs and Cordials in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany26.216.619.315.7-15.7%
Ireland4.03.06.47.020.5%
Belgium0.34.24.74.1139.1%
Italy3.32.93.53.95.7%
Slovakia2.32.32.82.98.0%
Cuba3.32.51.72.5-8.8%
France1.51.01.01.3-4.7%
Spain1.91.41.81.3-11.9%
Netherlands1.40.81.21.1-7.7%
United States5.50.60.90.6-52.2%
Others1.11.11.92.226.0%
Total50.836.345.142.8-5.6%

Top Suppliers of Liqueurs and Cordials to the Czech Republic in 2022:

  1. Germany (2976.2K litres)
  2. Italy (1044.6K litres)
  3. Belgium (986.5K litres)
  4. Slovakia (976.8K litres)
  5. Ireland (884.7K litres)
  6. Netherlands (536.3K litres)
  7. France (371.6K litres)
  8. Spain (360.2K litres)
  9. Cuba (353.7K litres)
  10. United States (82.6K litres)

Liqueurs and Cordials Exports in the Czech Republic

In 2022, the amount of liqueurs and cordialses exported from the Czech Republic reduced to 10M litres, declining by -5.1% against the previous year's figure. Overall, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 6.7%. The exports peaked at 12M litres in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, liqueurs and cordials exports dropped to $23M in 2022. In general, exports saw a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by 14% against the previous year. Over the period under review, the exports reached the maximum at $30M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Liqueurs and Cordials in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia8.23.95.55.3-13.5%
Italy6.84.43.83.5-19.9%
Germany3.73.64.23.2-4.7%
Latvia3.53.92.61.8-19.9%
RussiaN/AN/A0.11.31200.0%
Poland1.10.61.60.9-6.5%
Ukraine1.61.71.80.8-20.6%
Lithuania0.20.10.30.644.2%
Hungary0.20.20.30.426.0%
Estonia1.21.31.80.3-37.0%
Others3.24.15.25.116.8%
Total29.724.027.223.2-7.9%

Top Export Markets for Liqueurs and Cordials from the Czech Republic in 2022:

  1. Slovakia (3076.2K litres)
  2. Italy (1946.2K litres)
  3. Germany (1455.6K litres)
  4. Latvia (799.7K litres)
  5. Russia (400.9K litres)
  6. Poland (355.8K litres)
  7. Hungary (264.2K litres)
  8. Lithuania (235.4K litres)
  9. Ukraine (196.7K litres)
  10. Estonia (96.7K litres)

Source: IndexBox Market Intelligence Platform

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