Price for Wine; Still, in Containers Holding 2 Litres or Less in Turkey - 2024

Contents:

  1. Price for Wine; Still, in Containers Holding 2 Litres or Less in Turkey (CIF) - 2024
  2. Price for Wine; Still, in Containers Holding 2 Litres or Less in Turkey (FOB) - 2024
  3. Imports of Wine; Still, in Containers Holding 2 Litres or Less in Turkey
  4. Exports of Wine; Still, in Containers Holding 2 Litres or Less in Turkey

Price for Wine; Still, in Containers Holding 2 Litres or Less in Turkey (CIF) - 2024

The average import price for wine; still, in containers holding 2 litres or lesses stood at $3.7 per litre in January 2024, increasing by 18% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $4.1 per litre in November 2023; however, from December 2023 to January 2024, import prices stood at a somewhat 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 ($4.8 per litre), while the price for Chile ($2.6 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 Ukraine (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wine; Still, in Containers Holding 2 Litres or Less in Turkey (FOB) - 2024

The average export price for wine; still, in containers holding 2 litres or lesses stood at $3.6 per litre in January 2024, with an increase of 16% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.8%. The pace of growth was the most pronounced in February 2023 when the average export price increased by 60% m-o-m. Over the period under review, the average export prices reached the peak figure at $4.2 per litre in June 2023; however, from July 2023 to January 2024, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($5.5 per litre), while the average price for exports to Cyprus ($2.9 per litre) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wine; Still, in Containers Holding 2 Litres or Less in Turkey

In 2022, approx. 6.5M litres of wine; still, in containers holding 2 litres or lesses were imported into Turkey; growing by 39% against the previous year. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 56%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of wine; still, in containers holding 2 litres or lesses soared to $26M in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 83%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Wine; Still, in Containers Holding 2 Litres or Less in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France5.32.24.58.718.0%
Italy3.92.65.37.624.9%
Moldova0.71.52.52.960.6%
Chile1.71.31.51.81.9%
Spain0.60.40.61.638.7%
Portugal0.40.40.50.614.5%
UkraineN/AN/A0.10.3200.0%
Others0.80.51.12.240.1%
Total13.58.916.225.723.9%

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

  1. Italy (1894.8K litres)
  2. Moldova (1366.7K litres)
  3. France (1327.0K litres)
  4. Chile (573.6K litres)
  5. Spain (401.1K litres)
  6. Ukraine (260.0K litres)
  7. Portugal (207.9K litres)

Exports of Wine; Still, in Containers Holding 2 Litres or Less in Turkey

Exports of wine; still, in containers holding 2 litres or lesses from Turkey surged to 4.4M litres in 2022, rising by 62% on the previous year's figure. Over the period under review, exports, however, saw a mild shrinkage. Over the period under review, the exports of attained the maximum at 4.6M litres in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of wine; still, in containers holding 2 litres or lesses skyrocketed to $11M in 2022. In general, exports, however, showed a noticeable shrinkage. The exports peaked at $12M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Wine; Still, in Containers Holding 2 Litres or Less in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2,0611,0191,7872,4285.6%
Germany1,7864891,1772,3719.9%
Cyprus1,6581,1101,2222,1539.1%
Belgium1,9251,6261,3241,237-13.7%
Netherlands2471153911,22770.6%
United States645480535608-1.9%
Russia36252.931.63630.1%
France49519425.985.0-44.4%
Others3,194977894887-34.8%
Total12,3726,0627,38611,360-2.8%

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

  1. Cyprus (1053.1K litres)
  2. Germany (825.0K litres)
  3. United Kingdom (791.0K litres)
  4. Belgium (628.0K litres)
  5. Netherlands (461.8K litres)
  6. Russia (178.4K litres)
  7. United States (137.6K litres)
  8. France (27.9K litres)

Source: IndexBox Market Intelligence Platform

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