Price for Wine; Still, in Containers Holding More than 2 Litres in Colombia - 2022

Contents:

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

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

The average import price for wine; still, in containers holding more than 2 litreses stood at $1 per litre in 2022, increasing by 18% against the previous year. Over the period under review, the import price, however, saw a perceptible decline. Over the period under review, average import prices attained the peak figure at $1.4 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 Portugal ($2 per litre), while the price for Chile ($0.8 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for wine; still, in containers holding more than 2 litreses amounted to $1.2 per litre, waning by -84.2% against the previous year. In general, the export price recorded a abrupt contraction. The growth pace was the most rapid in 2013 when the average export price increased by 92%. Over the period under review, the average export prices hit record highs at $7.5 per litre in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to +16.9% per year.

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

In 2022, the amount of wine; still, in containers holding more than 2 litreses imported into Colombia skyrocketed to 2.3M litres, increasing by 39% compared with the previous year's figure. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 55% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of wine; still, in containers holding more than 2 litreses soared to $2.3M in 2022. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 72% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Wine; Still, in Containers Holding More than 2 Litres in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile6497016611,34527.5%
PortugalN/A22023365272.2%
Spain90.497.815.514918.1%
Argentina30.493.238.211656.3%
Others4771,03244413.2-69.8%
Total1,2472,1441,3922,27522.2%

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

  1. Chile (1735.5K litres)
  2. Portugal (318.5K litres)
  3. Argentina (121.2K litres)
  4. Spain (73.5K litres)

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

Exports of wine; still, in containers holding more than 2 litreses from Colombia skyrocketed to 24K litres in 2022, with an increase of 727% compared with 2021 figures. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of wine; still, in containers holding more than 2 litreses surged to $29K in 2022. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 32% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Wine; Still, in Containers Holding More than 2 Litres in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A28.80%
Aruba0.25.20.6N/A73.2%
Guatemala4.32.49.0N/A44.7%
United StatesN/AN/A9.5N/A0%
Panama7.5N/AN/AN/A0%
Others0.59.02.9N/A140.8%
Total12.616.621.928.831.7%

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

  1. China (24.2K litres)

Source: IndexBox Market Intelligence Platform

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