Tuesday, September 27, 2022

United States, the world market that grows the most in its wine imports

loss According to a recent report by the Spanish Wine Market Observatory, the 13 main world wine markets, represented around 71% of both price and volume total world imports of wine year-on-year to March 2022 with 7,796.9 million liters (+1.4%) and €25,457.3 million (+14.3%). Both in liters and in euros, they increased somewhat compared to the world average, which, as we have seen, was +4.8% in volume and +17.8% in value.

In absolute terms, purchases from these 13 analyzed markets increased by 108.3 million liters and €3,192.7 million. Its average price increased by 12.8% to €3.27/litre (+37 cents). In this case, it rose slightly above the world average (+12.4%), which stood at €3.23/litre.

Ranking of world’s leading wine importers, there have been many changes in this year-to-year period (12 months to March ’21). In terms of value, China Falls in seventh place, being overtaken by Japan and Netherlands. Japan, in turn, is more than to the Netherlands, occupy the fifth and sixth positions respectively.

other thing, Denmark beats Sweden in twelfth placeSwedish registering an increase of +0.8% to +7.5% for the one in the country.

In terms of quantity, The United States overtook the United Kingdom, and became the world’s second largest buyer of wine, after Germany. The British market registered a rise of +16.8%, leading to a fall of -3.5%.

On the other hand, Belgium overtakes Russia In eighth place, the Russian market grew by +6.7% due to a decline of -9.5%.

in the same way, Italy beat Portugal, Japan and Sweden And it is ranked tenth, the market that has increased its wine purchases in percentage terms (+55.5%), to 300.7 million liters (+107.3 million litres), which is the majority of bulk liquor. Is.

America It remains the first market for wine imports in the world in terms of value, moving away from the United Kingdom, the second market, after registering a 33% increase. In terms of volume, it reached the second place behind Germany and the United Kingdom. As of March 2022, the United States purchased wines for a record amount of €6,191 million, overcoming the €6,000 million barrier. Compared to March 2021 year-on-year, it increased its spending by €1,550.3 million (+33%), distancing itself from €4,292.6 million (+18.8%) in the United Kingdom. In volume terms, it imported 1,409.7 million liters and an increase of +16.8%, very close to those from Germany at 1,416.7 million liters (-3.2%). Its average price was €4.39/litre, which is +14% or 55 cents higher than the year-on-year average price recorded in March 2021.

United States, the world market that grows the most in its wine imports

United Kingdom remains the second world investor in wines with €4,296.6 million (+18.8% or 680.7 million euros more) and third in terms of volume with 1,354 million liters and a decline of -3.5%.

Germany, which reduced purchase volume by -3.2%, remains the largest importer of alcohol in the world, with 1,416.7 million litres. It cost +2.3% more, up to €2,763.8 million, as its average price increased +5.7% to €1.95/litre.

Canada It consolidates as the fourth largest world market in euros with an investment of €1,964.7 million and an increase of 13%, although it still ranks sixth in the ranking by volume due to purchases of 415.4 million liters (-7.6%) . This difference between price and position in quantity gives an idea of ​​its average price, which is higher than in many other markets, to €4.73/liter as of March 2022, with a 22% year-on-year increase . ,

China, for its part, is among the main markets that have fallen the most in value over the period, not spending €139.8 million (-9%). It also recorded losses in terms of volume in the year-on-year period to March 2022 (-3%), lower than those seen in value terms, as its average price fell -6.4% to €3.45. /Litre. It was the only market, out of 13 analyzed, that lowered its average purchase price over the period.

Russia It was, along with China, the only market that fell in terms of value (–4.5% or €43.4 million down), reaching €919.7 million. It also registered a loss in terms of volume (-9.5%), down to 322.1 million litres, which is 33.9 million litres.

Nation World News Desk
Nation World News Deskhttps://nationworldnews.com
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
Latest news
Related news
- Advertisement -