Price for Wine; Still, in Containers Holding 2 Litres or Less in Mexico - 2023
Contents:
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Mexico (CIF) - 2023
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Mexico (FOB) - 2023
- Imports of Wine; Still, in Containers Holding 2 Litres or Less in Mexico
- Exports of Wine; Still, in Containers Holding 2 Litres or Less in Mexico
Price for Wine; Still, in Containers Holding 2 Litres or Less in Mexico (CIF) - 2023
The average import price for wine; still, in containers holding 2 litres or lesses stood at $5.2 per litre in December 2023, increasing by 27% against the previous month. In general, the import price recorded a relatively flat trend pattern. The import price peaked at $5.2 per litre in March 2023; afterwards, it flattened through to December 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($10.2 per litre), while the price for Chile ($3.3 per litre) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Chile (+1.2%), 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 Mexico (FOB) - 2023
In December 2023, the average export price for wine; still, in containers holding 2 litres or lesses amounted to $9.6 per litre, therefore, remained relatively stable against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average export price increased by 118% m-o-m. As a result, the export price attained the peak level of $22.2 per litre. From April 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From February 2023 to December 2023, the rate of growth in terms of prices for the United States amounted to -0.4% per month.
Imports of Wine; Still, in Containers Holding 2 Litres or Less in Mexico
Imports of wine; still, in containers holding 2 litres or lesses into Mexico surged to 63M litres in 2022, growing by 23% compared with the previous year's figure. The total import volume increased at an average annual rate of +5.4% 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 soared to $273M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.4% 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 +52.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Wine; Still, in Containers Holding 2 Litres or Less in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 69.9 | 54.2 | 67.0 | 92.1 | 9.6% |
| Chile | 40.8 | 35.0 | 35.3 | 53.4 | 9.4% |
| Italy | 29.9 | 38.6 | 40.8 | 50.3 | 18.9% |
| France | 17.5 | 12.4 | 16.7 | 27.7 | 16.5% |
| United States | 20.1 | 16.7 | 25.2 | 26.9 | 10.2% |
| Argentina | 20.7 | 18.9 | 22.0 | 19.7 | -1.6% |
| Others | 3.9 | 3.1 | 2.3 | 2.4 | -14.9% |
| Total | 203 | 179 | 209 | 273 | 10.4% |
Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to Mexico in 2022:
- Spain (19.7M litres)
- Chile (18.2M litres)
- Italy (13.4M litres)
- Argentina (5.2M litres)
- United States (3.6M litres)
- France (2.7M litres)
Exports of Wine; Still, in Containers Holding 2 Litres or Less in Mexico
In 2022, overseas shipments of wine; still, in containers holding 2 litres or lesses decreased by -54.4% to 170K litres, falling for the second consecutive year after two years of growth. Overall, exports showed a sharp downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 3.6%. As a result, the exports reached the peak of 808K litres. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of wine; still, in containers holding 2 litres or lesses declined rapidly to $1.8M in 2022. In general, exports showed a abrupt setback. The growth pace was the most rapid in 2020 when exports increased by 2.5% against the previous year. As a result, the exports attained the peak of $3.4M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Wine; Still, in Containers Holding 2 Litres or Less in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.2 | 3.0 | 2.3 | 1.7 | -19.0% |
| Spain | N/A | 0.1 | N/A | 0.1 | 0.0% |
| United Kingdom | N/A | 0.1 | N/A | N/A | 0% |
| Others | 0.1 | 0.2 | N/A | N/A | 100.0% |
| Total | 3.3 | 3.4 | 2.4 | 1.8 | -18.3% |
Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from Mexico in 2022:
- United States (162.9K litres)
- Spain (6.0K litres)
- United Kingdom (0.2K litres)
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