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

Contents:

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

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

In 2022, the average import price for wine; still, in containers holding more than 2 litreses amounted to $1 per litre, which is down by -50.7% against the previous year. Overall, the import price continues to indicate a perceptible setback. The growth pace was the most rapid in 2020 an increase of 97% against the previous year. As a result, import price attained the peak level of $3.6 per litre. From 2021 to 2022, the average import prices remained 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 Spain ($5 per litre), while the price for Chile ($0.6 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for wine; still, in containers holding more than 2 litreses amounted to $5.5 per litre, surging by 3% against the previous year. Overall, the export price, however, saw a mild curtailment. The most prominent rate of growth was recorded in 2020 when the average export price increased by 76%. The export price peaked at $11 per litre in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 Spain ($11 per litre), while the average price for exports to Paraguay totaled $3.9 per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+45.5%).

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

In 2022, approx. 1.5M litres of wine; still, in containers holding more than 2 litreses were imported into Venezuela; growing by 488% against the previous year's figure. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of wine; still, in containers holding more than 2 litreses skyrocketed to $1.5M in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Wine; Still, in Containers Holding More than 2 Litres in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain22.9223153617199.8%
Chile14.326.545.4171128.7%
United States55.656.86.447.2-5.3%
Italy17350.039.010.0-61.3%
Portugal6.39.434.99.313.9%
Others20929424265946.6%
Total4806605211,51346.6%

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

  1. Chile (309.4K litres)
  2. Spain (122.5K litres)
  3. United States (10.4K litres)
  4. Portugal (8.0K litres)
  5. Italy (2.4K litres)

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

In 2022, the amount of wine; still, in containers holding more than 2 litreses exported from Venezuela fell sharply to 176 litres, shrinking by -20% on 2021. In general, exports saw a precipitous decrease. The smallest decline of -4.3% was in 2021. The exports peaked at 492 litres in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of wine; still, in containers holding more than 2 litreses reduced remarkably to $976 in 2022. Overall, exports faced a abrupt descent. The smallest decline of -17.5% was in 2020. Over the period under review, the exports of hit record highs at $1.7K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Wine; Still, in Containers Holding More than 2 Litres in Venezuela (USD)
COUNTRY2019202020212022CAGR,
2019-2022
ParaguayN/AN/AN/A5330%
Spain9666981,083443-22.9%
Maldives777N/AN/AN/A0%
OthersN/A740101N/A-86.4%
Total1,7431,4381,184976-17.6%

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

  1. Paraguay (135.0 litres)
  2. Spain (41.0 litres)

Source: IndexBox Market Intelligence Platform

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