Price for Wine; Still, in Containers Holding More than 2 Litres in Norway - 2024

Contents:

  1. Price for Wine; Still, in Containers Holding More than 2 Litres in Norway (CIF) - 2024
  2. Price for Wine; Still, in Containers Holding More than 2 Litres in Norway (FOB) - 2022
  3. Imports of Wine; Still, in Containers Holding More than 2 Litres in Norway
  4. Exports of Wine; Still, in Containers Holding More than 2 Litres in Norway

Price for Wine; Still, in Containers Holding More than 2 Litres in Norway (CIF) - 2024

The average import price for wine; still, in containers holding more than 2 litreses stood at $2.4 per litre in January 2024, with a decrease of -3.3% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 20% against the previous month. The import price peaked at $2.8 per litre in July 2023; however, from August 2023 to January 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was France ($3.8 per litre), while the price for South Africa ($1.5 per litre) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for wine; still, in containers holding more than 2 litreses stood at $2.3 per litre in 2022, with a decrease of -8.7% against the previous year. In general, the export price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 42%. The export price peaked at $3.1 per litre in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($3.1 per litre), while the average price for exports to Finland ($1.6 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 Sweden (-2.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, supplies from abroad of wine; still, in containers holding more than 2 litreses decreased by -24.4% to 41M litres, falling for the second year in a row after two years of growth. In general, total imports indicated a mild expansion from 2019 to 2022: its volume increased at an average annual rate of +1.5% 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 decreased by -28.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 47% against the previous year. As a result, imports reached the peak of 57M litres. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of wine; still, in containers holding more than 2 litreses contracted remarkably to $101M in 2022. Over the period under review, total imports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +2.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 48% against the previous year. As a result, imports reached the peak of $139M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Wine; Still, in Containers Holding More than 2 Litres in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy26.639.836.228.52.3%
France19.830.230.824.26.9%
Germany9.415.715.710.33.1%
Chile7.410.611.67.81.8%
Spain7.510.010.47.0-2.3%
United States7.510.28.66.0-7.2%
Portugal4.57.47.45.14.3%
Australia3.94.66.74.97.9%
South Africa1.41.51.31.52.3%
Hungary1.31.81.71.42.5%
Others4.46.97.64.61.5%
Total93.81391381012.5%

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

  1. Italy (10.5M litres)
  2. France (6.7M litres)
  3. Chile (4.4M litres)
  4. Germany (3.7M litres)
  5. United States (3.6M litres)
  6. Spain (3.5M litres)
  7. Australia (3.0M litres)
  8. Portugal (2.2M litres)
  9. South Africa (0.8M litres)
  10. Hungary (0.8M litres)

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

Exports of wine; still, in containers holding more than 2 litreses from Norway soared to 1.7M litres in 2022, with an increase of 15% compared with the previous year's figure. Over the period under review, exports, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 17%. As a result, the exports reached the peak of 2.4M litres. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of wine; still, in containers holding more than 2 litreses expanded sharply to $3.9M in 2022. In general, exports, however, recorded a abrupt decrease. The exports peaked at $4.7M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Wine; Still, in Containers Holding More than 2 Litres in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden3,2133,1802,6612,508-7.9%
Denmark31664030171931.5%
Germany1,013279303431-24.8%
Iceland68.690.690.754.7-7.3%
Finland38.084.772.649.18.9%
Others96.538.22451104.5%
Total4,7454,3123,6743,871-6.6%

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

  1. Sweden (1232.0K litres)
  2. Denmark (241.2K litres)
  3. Germany (140.9K litres)
  4. Finland (29.9K litres)
  5. Iceland (24.5K litres)

Source: IndexBox Market Intelligence Platform

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