Wine Lees; Argol Price in Spain - 2023

Contents:

1. Wine Lees; Argol Price in Spain (CIF) - 2022
2. Wine Lees; Argol Price in Spain (FOB) - 2022
3. Wine Lees; Argol Imports in Spain
4. Wine Lees; Argol Exports in Spain

Wine Lees; Argol Price in Spain (CIF) - 2022

In 2022, the average wine lees; argol import price amounted to $795 per ton, shrinking by -12.3% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 44% against the previous year. As a result, import price attained the peak level of $1,157 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($1,802 per ton), while the price for Portugal ($274 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Wine Lees; Argol Price in Spain (FOB) - 2022

The average wine lees; argol export price stood at $1,411 per ton in 2022, picking up by 74% against the previous year. Over the period under review, the export price posted a significant expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 91%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

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 Italy ($1,493 per ton), while the average price for exports to Portugal stood at $94 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+27.6%).

Wine Lees; Argol Imports in Spain

In 2022, purchases abroad of wine lees; argol was finally on the rise to reach 6K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a relatively flat trend pattern.

In value terms, wine lees; argol imports rose sharply to $4.8M in 2022. Over the period under review, imports, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 11% against the previous year.

Top Suppliers of Wine Lees; Argol to Spain in 2022:

1. Portugal (3325.8 tons)
2. United States (1212.8 tons)
3. France (573.2 tons)
4. Germany (461.8 tons)
5. Chile (127.9 tons)
6. Italy (108.8 tons)
7. Russia (92.0 tons)

Wine Lees; Argol Exports in Spain

In 2022, shipments abroad of wine lees; argol decreased by -44.9% to 1.8K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 37%. As a result, the exports reached the peak of 3.4K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, wine lees; argol exports declined to $2.6M in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 67% against the previous year.

Top Export Markets for Wine Lees; Argol from Spain in 2022:

1. Italy (1709.1 tons)
2. Portugal (110.1 tons)

Source: IndexBox Market Intelligence Platform