Price for Wine; Still, in Containers Holding 2 Litres or Less in Bulgaria - 2023
Contents:
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Bulgaria (FOB) - 2023
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Bulgaria (CIF) - 2023
- Exports of Wine; Still, in Containers Holding 2 Litres or Less in Bulgaria
- Imports of Wine; Still, in Containers Holding 2 Litres or Less in Bulgaria
Price for Wine; Still, in Containers Holding 2 Litres or Less in Bulgaria (FOB) - 2023
In November 2023, the average export price for wine; still, in containers holding 2 litres or lesses amounted to $2.6 per litre, with an increase of 11% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +2.0%. The pace of growth was the most pronounced in June 2023 an increase of 20% against the previous month. As a result, the export price attained the peak level of $2.9 per litre. From July 2023 to November 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Japan ($5.7 per litre), while the average price for exports to the Czech Republic ($1.9 per litre) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wine; Still, in Containers Holding 2 Litres or Less in Bulgaria (CIF) - 2023
In November 2023, the average import price for wine; still, in containers holding 2 litres or lesses amounted to $4.5 per litre, jumping by 22% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.8%. The growth pace was the most rapid in September 2023 when the average import price increased by 26% against the previous month. As a result, import price reached the peak level of $4.7 per litre. From October 2023 to November 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was New Zealand ($5.6 per litre), while the price for Hungary ($932 per thousand litres) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Spain (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wine; Still, in Containers Holding 2 Litres or Less in Bulgaria
For the third year in a row, Bulgaria recorded decline in overseas shipments of wine; still, in containers holding 2 litres or lesses, which decreased by -19.4% to 10M litres in 2022. In general, exports saw a deep setback. The smallest decline of -6% was in 2021. The exports peaked at 15M litres in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of wine; still, in containers holding 2 litres or lesses reduced sharply to $21M in 2022. Overall, exports recorded a deep slump. The growth pace was the most rapid in 2021 when exports increased by 2.8%. The exports peaked at $29M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Wine; Still, in Containers Holding 2 Litres or Less in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 9.3 | 7.5 | 8.4 | 6.9 | -9.5% |
| United States | 1.3 | 1.3 | 1.6 | 1.9 | 13.5% |
| Czech Republic | 2.1 | 2.6 | 2.4 | 1.9 | -3.3% |
| United Kingdom | 2.1 | 1.6 | 2.0 | 1.6 | -8.7% |
| Russia | 2.2 | 1.8 | 1.4 | 1.5 | -12.0% |
| Belgium | 1.2 | 1.2 | 1.3 | 1.1 | -2.9% |
| Japan | 1.6 | 1.3 | 1.3 | 1.0 | -14.5% |
| Netherlands | 0.2 | 0.4 | 0.5 | 0.7 | 51.8% |
| Sweden | 0.9 | 1.1 | 0.9 | 0.7 | -8.0% |
| China | 2.6 | 0.5 | 0.7 | 0.5 | -42.3% |
| Germany | 0.9 | 0.7 | 0.9 | 0.5 | -17.8% |
| Nigeria | 0.7 | 0.8 | 0.4 | 0.3 | -24.6% |
| Slovakia | 0.4 | 0.3 | 0.1 | N/A | -50.0% |
| Others | 3.8 | 3.5 | 3.4 | 2.7 | -10.8% |
| Total | 29.3 | 24.6 | 25.3 | 21.4 | -9.9% |
Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from Bulgaria in 2022:
- Poland (4204.1K litres)
- Czech Republic (1296.5K litres)
- Russia (944.2K litres)
- United Kingdom (779.2K litres)
- United States (606.3K litres)
- Belgium (437.3K litres)
- Netherlands (335.2K litres)
- Japan (317.1K litres)
- Sweden (234.5K litres)
- Nigeria (128.1K litres)
- Germany (107.4K litres)
- China (60.7K litres)
- Slovakia (29.5K litres)
Imports of Wine; Still, in Containers Holding 2 Litres or Less in Bulgaria
In 2022, approx. 5.8M litres of wine; still, in containers holding 2 litres or lesses were imported into Bulgaria; with an increase of 7.5% against 2021 figures. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of wine; still, in containers holding 2 litres or lesses fell to $20M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 54%. As a result, imports reached the peak of $20M, and then reduced modestly in the following year.
| Import of Wine; Still, in Containers Holding 2 Litres or Less in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 3.7 | 3.5 | 6.0 | 5.9 | 16.8% |
| Italy | 3.3 | 3.5 | 5.5 | 5.3 | 17.1% |
| New Zealand | 1.9 | 1.6 | 2.5 | 2.4 | 8.1% |
| Germany | 1.3 | 1.4 | 1.9 | 2.1 | 17.3% |
| Spain | 1.3 | 1.1 | 1.5 | 1.5 | 4.9% |
| Chile | 0.7 | 0.3 | 0.5 | 0.5 | -10.6% |
| Czech Republic | 0.2 | 0.2 | 0.1 | 0.2 | 0.0% |
| Hungary | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Others | 1.7 | 1.5 | 2.1 | 1.8 | 1.9% |
| Total | 14.2 | 13.2 | 20.4 | 20.0 | 12.1% |
Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to Bulgaria in 2022:
- France (1236.8K litres)
- Italy (1169.9K litres)
- Spain (965.7K litres)
- Germany (926.0K litres)
- Hungary (402.3K litres)
- New Zealand (367.3K litres)
- Chile (130.4K litres)
- Czech Republic (81.9K litres)
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