Price for Wine; Still, in Containers Holding More than 2 Litres in Azerbaijan - 2023

Contents:

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

Price for Wine; Still, in Containers Holding More than 2 Litres in Azerbaijan (FOB) - 2022

In 2022, the average export price for wine; still, in containers holding more than 2 litreses amounted to $1.3 per litre, which is down by -19.5% against the previous year. In general, the export price faced a abrupt contraction. The pace of growth appeared the most rapid in 2017 an increase of 190% against the previous year. Over the period under review, the average export prices hit record highs at $10 per litre in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($1.6 per litre), while the average price for exports to Bulgaria ($0.5 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 Russia (+8.8%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Wine; Still, in Containers Holding More than 2 Litres in Azerbaijan (CIF) - 2022

The average import price for wine; still, in containers holding more than 2 litreses stood at $14 per litre in 2022, jumping by 54% against the previous year. In general, the import price, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2019 an increase of 56% against the previous year. Over the period under review, average import prices attained the maximum at $37 per litre in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($17 per litre), while the price for South Africa ($2 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Wine; Still, in Containers Holding More than 2 Litres in Azerbaijan

Exports of wine; still, in containers holding more than 2 litreses from Azerbaijan fell remarkably to 210K litres in 2022, shrinking by -21.5% against the previous year's figure. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,336,315% against the previous year. As a result, the exports reached the peak of 267K litres, and then dropped sharply in the following year.

In value terms, exports of wine; still, in containers holding more than 2 litreses plummeted to $283K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 744,990%. As a result, the exports reached the peak of $447K, and then fell rapidly in the following year.

Export of Wine; Still, in Containers Holding More than 2 Litres in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/A0.14242524920.0%
BulgariaN/AN/A23.022.7-1.3%
GermanyN/AN/AN/A7.50%
Others29.0N/AN/A0.3-78.2%
Total29.00.1447283113.7%

Top Export Markets for Wine; Still, in Containers Holding More than 2 Litres from Azerbaijan in 2022:

  1. Russia (157.4K litres)
  2. Bulgaria (45.6K litres)
  3. Germany (6.8K litres)

Imports of Wine; Still, in Containers Holding More than 2 Litres in Azerbaijan

Imports of wine; still, in containers holding more than 2 litreses into Azerbaijan rose markedly to 273 litres in 2022, growing by 8.8% on the year before. Overall, imports, however, saw a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 106% against the previous year. Imports peaked at 638 litres in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of wine; still, in containers holding more than 2 litreses skyrocketed to $3.9K in 2022. In general, imports, however, continue to indicate a noticeable setback. The pace of growth appeared the most rapid in 2021 with an increase of 108%. Imports peaked at $4.3K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Wine; Still, in Containers Holding More than 2 Litres in Azerbaijan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,9896161,2113,73523.4%
South AfricaN/AN/AN/A85.00%
France988N/AN/A40.0-65.7%
Spain1,297126N/AN/A-90.3%
United Arab EmiratesN/AN/A682N/A0%
GeorgiaN/A367272N/A-25.9%
Others30.0N/A145N/A119.8%
Total4,3041,1092,3103,860-3.6%

Top Suppliers of Wine; Still, in Containers Holding More than 2 Litres to Azerbaijan in 2022:

  1. Italy (225.0 litres)
  2. South Africa (43.0 litres)
  3. France (5.0 litres)

Source: IndexBox Market Intelligence Platform

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