Price for Wine; Still, in Containers Holding 2 Litres or Less in Estonia - 2023
Contents:
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Estonia (CIF) - 2023
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Estonia (FOB) - 2023
- Imports of Wine; Still, in Containers Holding 2 Litres or Less in Estonia
- Exports of Wine; Still, in Containers Holding 2 Litres or Less in Estonia
Price for Wine; Still, in Containers Holding 2 Litres or Less in Estonia (CIF) - 2023
The average import price for wine; still, in containers holding 2 litres or lesses stood at $4.4 per litre in November 2023, with an increase of 1.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 9.9% m-o-m. The import price peaked in November 2023.
Prices varied noticeably by the country of origin: the country with the highest price was France ($6.5 per litre), while the price for Spain ($2.5 per litre) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Latvia (+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 Estonia (FOB) - 2023
The average export price for wine; still, in containers holding 2 litres or lesses stood at $4.6 per litre in November 2023, surging by 1.5% against the previous month. Overall, export price indicated a temperate expansion from November 2022 to November 2023: its price increased at an average monthly rate of +3.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for wine; still, in containers holding 2 litres or lesses decreased by -11.2% against September 2023 indices. The growth pace was the most rapid in December 2022 when the average export price increased by 104% m-o-m. As a result, the export price attained the peak level of $6.2 per litre. From January 2023 to November 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Finland ($9.2 per litre), while the average price for exports to Kazakhstan ($1.8 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 Russia (+2.5%), 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 Estonia
Imports of wine; still, in containers holding 2 litres or lesses into Estonia totaled 13M litres in 2022, rising by 3.8% against the previous year. The total import volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 17%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of wine; still, in containers holding 2 litres or lesses stood at $50M in 2022. The total import value increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 19%. 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 Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 11.5 | 8.9 | 10.2 | 10.2 | -3.9% |
| France | 9.0 | 7.1 | 8.4 | 7.9 | -4.3% |
| Spain | 6.3 | 4.5 | 6.4 | 6.5 | 1.0% |
| Latvia | N/A | 2.6 | 3.7 | 4.5 | 31.6% |
| Germany | 3.6 | 4.5 | 5.0 | 4.1 | 4.4% |
| Finland | N/A | 2.7 | 3.2 | 3.7 | 17.1% |
| Georgia | 2.0 | 1.8 | 1.8 | 2.0 | 0.0% |
| Denmark | 0.2 | 1.0 | 1.5 | 1.9 | 111.8% |
| Chile | 3.5 | 1.7 | 1.5 | 1.4 | -26.3% |
| Portugal | 1.1 | 0.9 | 1.7 | 1.2 | 2.9% |
| South Africa | 1.4 | 1.0 | 1.0 | 0.8 | -17.0% |
| Australia | 1.5 | 0.2 | 0.6 | 0.7 | -22.4% |
| Romania | 0.4 | 0.4 | 0.4 | 0.5 | 7.7% |
| Others | 4.4 | 3.3 | 3.2 | 4.8 | 2.9% |
| Total | 45.1 | 40.7 | 48.5 | 50.1 | 3.6% |
Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to Estonia in 2022:
- Spain (2801.3K litres)
- Italy (2085.4K litres)
- Germany (1406.6K litres)
- France (1388.2K litres)
- Latvia (1295.1K litres)
- Georgia (593.0K litres)
- Finland (444.2K litres)
- Chile (416.1K litres)
- Denmark (389.8K litres)
- Portugal (301.9K litres)
- Australia (262.0K litres)
- Romania (227.6K litres)
- South Africa (195.7K litres)
Exports of Wine; Still, in Containers Holding 2 Litres or Less in Estonia
In 2022, exports of wine; still, in containers holding 2 litres or lesses from Estonia rose significantly to 3.1M litres, picking up by 6.2% compared with 2021 figures. Over the period under review, exports, however, showed a slight decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 47% against the previous year. Over the period under review, the exports of attained the peak figure at 3.3M litres in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of wine; still, in containers holding 2 litres or lesses contracted slightly to $12M in 2022. In general, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. The exports peaked at $15M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Wine; Still, in Containers Holding 2 Litres or Less in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 5.7 | 2.5 | 3.8 | 4.8 | -5.6% |
| Russia | 3.8 | 2.0 | 3.5 | 2.4 | -14.2% |
| Latvia | 2.4 | 2.3 | 1.9 | 2.1 | -4.4% |
| Lithuania | 1.3 | 1.4 | 1.9 | 1.5 | 4.9% |
| United Kingdom | 0.2 | 0.2 | 0.5 | 0.7 | 51.8% |
| Sweden | 0.5 | 0.3 | 0.3 | 0.2 | -26.3% |
| Kazakhstan | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Others | 1.0 | 0.2 | 0.4 | 0.2 | -41.5% |
| Total | 14.9 | 8.9 | 12.4 | 12.3 | -6.2% |
Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from Estonia in 2022:
- Russia (1396.8K litres)
- Finland (602.1K litres)
- Latvia (502.4K litres)
- Lithuania (295.7K litres)
- Kazakhstan (130.4K litres)
- United Kingdom (122.0K litres)
- Sweden (35.6K litres)
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