Price for Wine; Still, in Containers Holding 2 Litres or Less in Nigeria - 2022
Contents:
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Nigeria (CIF) - 2022
- Imports of Wine; Still, in Containers Holding 2 Litres or Less in Nigeria
Price for Wine; Still, in Containers Holding 2 Litres or Less in Nigeria (CIF) - 2022
In 2022, the average import price for wine; still, in containers holding 2 litres or lesses amounted to $1 per litre, increasing by 12% against the previous year. Overall, the import price saw modest growth. The growth pace was the most rapid in 2016 when the average import price increased by 57% against the previous year. As a result, import price attained the peak level of $2 per litre. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($2 per litre), while the price for Colombia ($0.3 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+39.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Wine; Still, in Containers Holding 2 Litres or Less in Nigeria
In 2022, supplies from abroad of wine; still, in containers holding 2 litres or lesses decreased by -57.5% to 659K litres, falling for the second year in a row after two years of growth. Overall, imports faced a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. As a result, imports reached the peak of 3.9M litres. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of wine; still, in containers holding 2 litres or lesses fell remarkably to $647K in 2022. In general, imports faced a dramatic decrease. The pace of growth was the most pronounced in 2020 when imports increased by 41% against the previous year. As a result, imports attained the peak of $2.9M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Wine; Still, in Containers Holding 2 Litres or Less in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.1 | 299 | 446 | 198 | 219.0% |
| France | 44.1 | 257 | 221 | 126 | 41.9% |
| South Africa | 66.5 | 66.5 | 28.7 | 70.3 | 1.9% |
| Spain | 1,371 | 719 | 191 | 63.0 | -64.2% |
| India | N/A | N/A | N/A | 62.0 | 0% |
| United Kingdom | 17.5 | 20.0 | 181 | 37.9 | 29.4% |
| Colombia | N/A | 10.0 | 2.9 | 14.3 | 19.6% |
| Italy | 45.9 | 518 | 66.0 | 8.3 | -43.5% |
| Chile | 258 | 91.6 | 15.3 | N/A | -75.6% |
| United Arab Emirates | 137 | 220 | 5.2 | N/A | -80.5% |
| Equatorial Guinea | N/A | 360 | N/A | N/A | 0% |
| Others | 103 | 337 | 210 | 68.5 | -12.7% |
| Total | 2,048 | 2,898 | 1,367 | 647 | -31.9% |
Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to Nigeria in 2022:
- China (214.3K litres)
- France (119.4K litres)
- Spain (91.7K litres)
- South Africa (63.5K litres)
- Colombia (56.2K litres)
- India (40.0K litres)
- United Kingdom (32.9K litres)
- Italy (4.1K litres)
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