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

Contents:

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

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

The average import price for wine; still, in containers holding 2 litres or lesses stood at $2.5 per litre in 2022, therefore, remained relatively stable against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 35% against the previous year. Over the period under review, average import prices hit record highs at $3.4 per litre in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Lebanon ($3.4 per litre) and Italy ($2.8 per litre), while the price for Argentina ($2.3 per litre) and Spain ($2.4 per litre) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+0.9%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for wine; still, in containers holding 2 litres or lesses amounted to $2.5 per litre, rising by 11% against the previous year. In general, the export price, however, faced a abrupt downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by 19% against the previous year. Over the period under review, the average export prices reached the peak figure at $7.7 per litre in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($4.9 per litre), while the average price for exports to the Dominican Republic ($0.2 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 Singapore (-6.2%), while the prices for the other major destinations experienced a decline.

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

After three years of growth, overseas purchases of wine; still, in containers holding 2 litres or lesses decreased by -13.8% to 6.3M litres in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 93%. Over the period under review, imports of attained the peak figure at 7.3M litres in 2021, and then contracted in the following year.

In value terms, imports of wine; still, in containers holding 2 litres or lesses contracted to $16M in 2022. In general, imports, however, showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 65%. Imports peaked at $18M in 2021, and then fell in the following year.

Import of Wine; Still, in Containers Holding 2 Litres or Less in Venezuela (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1.22.94.23.238.7%
Chile1.81.72.62.38.5%
Argentina1.62.42.32.07.7%
Italy0.61.21.81.741.5%
Portugal0.10.20.30.344.2%
LebanonN/A0.10.20.241.4%
Others2.74.76.95.929.8%
Total8.013.218.415.825.5%

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

  1. Spain (1357.1K litres)
  2. Chile (902.7K litres)
  3. Argentina (875.7K litres)
  4. Italy (617.5K litres)
  5. Portugal (134.5K litres)
  6. Lebanon (65.5K litres)

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

After three years of growth, overseas shipments of wine; still, in containers holding 2 litres or lesses decreased by -27.9% to 16K litres in 2022. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 203%. Over the period under review, the exports of hit record highs at 22K litres in 2021, and then fell markedly in the following year.

In value terms, exports of wine; still, in containers holding 2 litres or lesses declined markedly to $39K in 2022. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 216% against the previous year. The exports peaked at $49K in 2021, and then shrank dramatically in the following year.

Export of Wine; Still, in Containers Holding 2 Litres or Less in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia2.89.42.415.075.0%
Singapore5.718.24.47.710.5%
Dominican Republic0.20.70.20.535.7%
United StatesN/AN/A35.2N/A0%
Others0.60.96.816.0198.8%
Total9.229.249.139.162.0%

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

  1. Malaysia (5.9K litres)
  2. Dominican Republic (2.2K litres)
  3. Singapore (1.6K litres)

Source: IndexBox Market Intelligence Platform

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