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The cost of Grape Must in April 2023 was $1.4 per litre (FOB, Spain), representing a 45% increase compared to the previous month.
In May 2023, the wine price amounted to $1.8 per litre (FOB, South Africa), waning by -5.9% against the previous month.
Explore the best business ideas in the thriving wine market of the European Union. From wine tourism to online retail and wine education, discover the opportunities for entrepreneurs in this lucrative industry.
In value terms, sparkling wine imports amounted to $3.4M in April 2023.
In February 2023, the wine price stood at $4.8 per litre (CIF, Canada), shrinking by -7.6% against the previous month.
In February 2023, the sparkling wine price amounted to $15.5 per litre (CIF, South Africa), with a decrease of -38.5% against the previous month.
In January 2023, the wine price in Italy was stable at $4.0 per litre (FOB).
In November of 2022, grape must price soared to $4.00 per liter (CIF, Netherlands), a 93% increase compared to the previous month.
In December 2022, the price of sparkling wine fell to $11.8 per liter (CIF, Australia), a decrease of -14.3% compared to the previous month.
In December 2022, there was an increase of 2.7% in the price of wine per litre (FOB, Italy), bringing it to $4.0.
Learn how to maximize your wine export profits with our comprehensive guide on pricing and distribution strategies. Navigate the complex world of international wine sales and increase your bottom line with expert tips and insights.
The global wine market is expected to reach $165 billion in 2030, growing with a CAGR of +4.5% from 2022 to 2030.