Price for Wine; Still, in Containers Holding 2 Litres or Less in Ecuador - 2022
Contents:
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Ecuador (CIF) - 2022
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Ecuador (FOB) - 2022
- Imports of Wine; Still, in Containers Holding 2 Litres or Less in Ecuador
- Exports of Wine; Still, in Containers Holding 2 Litres or Less in Ecuador
Price for Wine; Still, in Containers Holding 2 Litres or Less in Ecuador (CIF) - 2022
The average import price for wine; still, in containers holding 2 litres or lesses stood at $2.5 per litre in 2022, picking up by 8.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2019 when the average import price increased by 14%. As a result, import price attained the peak level of $2.5 per litre; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($3.6 per litre), while the price for Argentina ($2.3 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.6%), 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 Ecuador (FOB) - 2022
In 2022, the average export price for wine; still, in containers holding 2 litres or lesses amounted to $5.1 per litre, which is down by -30.7% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 86%. The export price peaked at $11 per litre in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($10 per litre), while the average price for exports to China ($2.4 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 Spain (+68.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wine; Still, in Containers Holding 2 Litres or Less in Ecuador
In 2022, the amount of wine; still, in containers holding 2 litres or lesses imported into Ecuador expanded rapidly to 13M litres, growing by 8.7% against the year before. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +10.3% 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 +71.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 57% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of wine; still, in containers holding 2 litres or lesses surged to $32M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.2% 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 +87.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 58%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Wine; Still, in Containers Holding 2 Litres or Less in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 12.9 | 8.8 | 13.5 | 13.3 | 1.0% |
| Argentina | 4.9 | 3.8 | 5.8 | 6.2 | 8.2% |
| Spain | 3.6 | 2.5 | 4.1 | 5.4 | 14.5% |
| Italy | 1.0 | 0.9 | 1.8 | 4.6 | 66.3% |
| France | 0.8 | 0.6 | 1.0 | 1.2 | 14.5% |
| Others | 0.6 | 0.4 | 0.6 | 1.1 | 22.4% |
| Total | 23.7 | 16.9 | 26.8 | 31.7 | 10.2% |
Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to Ecuador in 2022:
- Chile (5.7M litres)
- Argentina (2.7M litres)
- Spain (2.0M litres)
- Italy (1.8M litres)
- France (0.3M litres)
Exports of Wine; Still, in Containers Holding 2 Litres or Less in Ecuador
For the fourth consecutive year, Ecuador recorded growth in overseas shipments of wine; still, in containers holding 2 litres or lesses, which increased by 39% to 11K litres in 2022. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 76% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, exports of wine; still, in containers holding 2 litres or lesses declined to $57K in 2022. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 145%. The exports peaked at $59K in 2021, and then contracted slightly in the following year.
| Export of Wine; Still, in Containers Holding 2 Litres or Less in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | N/A | N/A | N/A | 24.6 | 0% |
| Germany | N/A | N/A | N/A | 23.5 | 0% |
| China | N/A | N/A | N/A | 5.4 | 0% |
| Chile | N/A | 6.8 | N/A | 3.5 | -28.3% |
| Ireland | N/A | 7.8 | N/A | N/A | 0% |
| United States | 12.2 | 1.6 | N/A | N/A | -86.9% |
| Panama | N/A | 28.0 | 56.6 | N/A | 102.1% |
| Others | 7.4 | 3.9 | 2.4 | N/A | -43.1% |
| Total | 19.7 | 48.1 | 59.0 | 57.0 | 42.5% |
Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from Ecuador in 2022:
- Colombia (6.4K litres)
- Germany (2.3K litres)
- China (2.3K litres)
- Chile (0.1K litres)
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