Eastern Europe: Market for Wine Of Fresh Grapes (Except Sparkling Wine) 2024

Market Size for Wine Of Fresh Grapes (Except Sparkling Wine) in Eastern Europe

The East European wine of fresh grapes market rose modestly to $X in 2022, picking up by 1.6% against the previous year. In general, consumption, however, saw a deep contraction. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Wine Of Fresh Grapes (Except Sparkling Wine) in Eastern Europe

In value terms, wine of fresh grapes production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of 30% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Wine Of Fresh Grapes (Except Sparkling Wine)

Exports in Eastern Europe

In 2022, after two years of growth, there was significant decline in overseas shipments of wine of fresh grapes (except sparkling wine), when their volume decreased by -19.7% to X litres. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 22%. The volume of export peaked at X litres in 2021, and then contracted notably in the following year.

In value terms, wine of fresh grapes exports shrank rapidly to $X in 2022. Total exports indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of 29%. The level of export peaked at $X in 2021, and then contracted dramatically in the following year.

Exports by Country

In 2022, Hungary (X litres) and Moldova (X litres) were the major exporters of wine of fresh grapes (except sparkling wine) in Eastern Europe, together creating 53% of total exports. Lithuania (X litres) held the next position in the ranking, followed by Slovakia (X litres) and Romania (X litres). All these countries together held approx. 30% share of total exports. The following exporters - Bulgaria (X litres) and Latvia (X litres) - each accounted for an 8.4% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +9.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest wine of fresh grapes supplying countries in Eastern Europe were Lithuania ($X), Moldova ($X) and Hungary ($X), together accounting for 61% of total exports. Latvia, Romania, Bulgaria and Slovakia lagged somewhat behind, together comprising a further 24%.

Romania, with a CAGR of +6.4%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per litre in 2022, dropping by -11.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2020 an increase of 21% against the previous year. The level of export peaked at $X per litre in 2021, and then reduced in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Latvia ($X per litre), while Slovakia ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+4.0%), while the other leaders experienced more modest paces of growth.

Imports of Wine Of Fresh Grapes (Except Sparkling Wine)

Imports in Eastern Europe

In 2022, approx. X litres of wine of fresh grapes (except sparkling wine) were imported in Eastern Europe; reducing by -7.6% on 2021 figures. In general, imports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2017 when imports increased by 11%. Over the period under review, imports attained the maximum at X litres in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, wine of fresh grapes imports declined to $X in 2022. The total import value increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 25%. Over the period under review, imports attained the peak figure at $X in 2021, and then shrank in the following year.

Imports by Country

Russia represented the key importer of wine of fresh grapes (except sparkling wine) in Eastern Europe, with the volume of imports reaching X litres, which was approx. 32% of total imports in 2022. The Czech Republic (X litres) held a 17% share (based on physical terms) of total imports, which put it in second place, followed by Poland (14%), Lithuania (8.4%), Belarus (7.4%), Romania (4.9%) and Slovakia (4.8%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Poland (with a CAGR of +4.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported wine of fresh grapes (except sparkling wine) in Eastern Europe, comprising 42% of total imports. The second position in the ranking was held by Poland ($X), with a 15% share of total imports. It was followed by the Czech Republic, with an 11% share.

In Russia, wine of fresh grapes imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Poland (+4.9% per year) and the Czech Republic (+1.9% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per litre in 2022, which is down by -6.3% against the previous year. Import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 an increase of 28% against the previous year. The level of import peaked at $X per litre in 2021, and then reduced in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per litre), while Slovakia ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+7.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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