Price for Wine; Still, in Containers Holding 2 Litres or Less in Colombia - 2022

Contents:

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

Price for Wine; Still, in Containers Holding 2 Litres or Less in Colombia (CIF) - 2022

The average import price for wine; still, in containers holding 2 litres or lesses stood at $3.6 per litre in February 2022, rising by 28% against the previous month. Over the period from February 2021 to February 2022, it increased at an average monthly rate of +2.5%. 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 France ($6.0 per litre), while the price for Chile ($3.1 per litre) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Argentina (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wine; Still, in Containers Holding 2 Litres or Less in Colombia (FOB) - 2022

In 2022, the average export price for wine; still, in containers holding 2 litres or lesses amounted to $1.5 per litre, increasing by 13% against the previous year. Over the period under review, the export price continues to indicate tangible growth. The export price peaked at $3.5 per litre in 2017; however, from 2018 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 the United Arab Emirates.

From 2013 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Imports of Wine; Still, in Containers Holding 2 Litres or Less in Colombia

Imports of wine; still, in containers holding 2 litres or lesses into Colombia skyrocketed to 28M litres in 2022, with an increase of 29% on 2021. The total import volume increased at an average annual rate of +11.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of wine; still, in containers holding 2 litres or lesses surged to $89M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Wine; Still, in Containers Holding 2 Litres or Less in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile28.730.832.240.111.8%
Argentina10.812.111.517.818.1%
Spain9.28.712.317.223.2%
Italy2.22.83.75.838.1%
Portugal1.51.51.13.026.0%
France1.31.92.02.829.1%
United States1.01.41.71.514.5%
Others0.40.40.60.57.7%
Total55.159.665.188.817.2%

Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to Colombia in 2022:

  1. Chile (13.8M litres)
  2. Argentina (5.3M litres)
  3. Spain (5.0M litres)
  4. Italy (1.5M litres)
  5. Portugal (1.0M litres)
  6. France (0.7M litres)
  7. United States (0.4M litres)

Exports of Wine; Still, in Containers Holding 2 Litres or Less in Colombia

In 2022, shipments abroad of wine; still, in containers holding 2 litres or lesses decreased by -55.6% to 4 litres for the first time since 2019, thus ending a two-year declining trend. In general, exports faced a significant curtailment. Over the period under review, the exports of attained the peak figure at 81K 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 remarkably to $6 in 2022. Over the period under review, exports continue to indicate a sharp slump. The exports peaked at $56K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Wine; Still, in Containers Holding 2 Litres or Less in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile56.1N/AN/AN/A0%
United Arab EmiratesN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total56.1N/AN/AN/A0%

Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from Colombia in 2022:

  1. United Arab Emirates (4.0 litres)

Source: IndexBox Market Intelligence Platform

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