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

Contents:

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

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

In 2022, the average import price for wine; still, in containers holding more than 2 litreses amounted to $2 per litre, dropping by -18.2% against the previous year. In general, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of 288%. Over the period under review, average import prices reached the maximum at $8.5 per litre in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($4.5 per litre), while the price for Italy ($1 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+6.9%), 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 Turkey (FOB) - 2022

In 2022, the average export price for wine; still, in containers holding more than 2 litreses amounted to $1.9 per litre, falling by -2.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2013 an increase of 39% against the previous year. As a result, the export price reached the peak level of $2.3 per litre. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($2.1 per litre), while the average price for exports to Germany totaled $1.9 per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+31.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the fourth consecutive year, Turkey recorded growth in overseas purchases of wine; still, in containers holding more than 2 litreses, which increased by 146% to 69K litres in 2022. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 223% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, imports of wine; still, in containers holding more than 2 litreses skyrocketed to $140K in 2022. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 268% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.

Import of Wine; Still, in Containers Holding More than 2 Litres in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France18.38.955.766.753.9%
Italy9.2N/A4.841.465.1%
Bosnia and HerzegovinaN/AN/AN/A8.60%
MoldovaN/A10.15.17.4-14.4%
ChileN/AN/A4.24.20.0%
Others4.7N/A0.112.137.1%
Total32.219.069.914063.2%

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

  1. Italy (40.9K litres)
  2. France (15.1K litres)
  3. Moldova (5.7K litres)
  4. Bosnia and Herzegovina (4.5K litres)
  5. Chile (2.7K litres)

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

In 2022, shipments abroad of wine; still, in containers holding more than 2 litreses decreased by -50.3% to 50K litres, falling for the second consecutive year after two years of growth. In general, exports faced a precipitous contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 7.2%. As a result, the exports attained the peak of 216K 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 fell dramatically to $96K in 2022. Over the period under review, exports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2020 with an increase of 6.9%. As a result, the exports reached the peak of $410K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Wine; Still, in Containers Holding More than 2 Litres in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany38436619493.3-37.6%
United Arab EmiratesN/AN/AN/A1.60%
FranceN/A44.1N/AN/A0%
OthersN/AN/A3.20.9-71.9%
Total38441019895.9-37.0%

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

  1. Germany (48.9K litres)
  2. United Arab Emirates (0.8K litres)

Source: IndexBox Market Intelligence Platform

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