Moldova: Wine Market 2020

Wine Market Size in Moldova

The revenue of the wine market in Moldova amounted to $X in 2018, rising by X% against the previous year. Over the period under review, wine consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the market value increased by X% against the previous year. Moldova wine consumption peaked at $X in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.

Wine Production in Moldova

In value terms, wine production stood at $X in 2018 estimated in export prices. In general, the total output indicated a moderate expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wine production increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. In that year, wine production reached its peak level of $X. From 2009 to 2018, wine production growth remained at a lower figure.

Wine Exports

Exports from Moldova

In 2018, the wine exports from Moldova amounted to X litres, going down by -X% against the previous year. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Moldova exports peaked at X litres in 2017, and then declined slightly in the following year.

In value terms, wine exports totaled $X in 2018. The total export value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. In that year, wine exports reached their peak of $X. From 2009 to 2018, the growth of wine exports failed to regain its momentum.

Exports by Country

In 2018, Spain (X litres), Italy (X litres) and France (X litres) were the major exporters of wine and grape must exported in the world, creating X% of total export. Chile (X litres) ranks next in terms of the total exports with a X% share, followed by Australia (X%) and South Africa (X%). Germany (X litres), the U.S. (X litres), New Zealand (X litres), Portugal (X litres), Argentina (X litres) and China (X litres) occupied a relatively small share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by China, while exports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Italy ($X) and Spain ($X) were the countries with the highest levels of exports in 2018, together comprising X% of total exports. These countries were followed by Australia, Chile, the U.S., New Zealand, Germany, Portugal, Argentina, South Africa, China and Moldova, which together accounted for a further X experienced the highest growth rate of market size, among the main exporting countries over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

The wine export price in Moldova stood at $X per litre in 2018, surging by X% against the previous year. Over the period under review, the wine export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the export price increased by X% year-to-year. Over the period under review, the export prices for wine and grape must attained their maximum at $X per litre in 2009; however, from 2010 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was France ($X per litre), while Spain ($X per litre) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Argentina, while the other leaders experienced more modest paces of growth.

Wine Imports

Imports into Moldova

Wine imports into Moldova stood at X litres in 2018, picking up by X% against the previous year. Overall, wine imports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, wine imports reached their peak figure at X litres in 2011; however, from 2012 to 2018, imports stood at a somewhat lower figure.

In value terms, wine imports totaled $X in 2018. Over the period under review, the total imports indicated a significant increase from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wine imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, wine imports reached their peak figure in 2018 and are likely to continue its growth in the near future.

Imports by Country

The countries with the highest levels of wine imports in 2018 were Germany (X litres), the UK (X litres), the U.S. (X litres), China (X litres), France (X litres), Russia (X litres), Canada (X litres), the Netherlands (X litres), Belgium (X litres), Japan (X litres), Denmark (X litres) and Switzerland (X litres), together amounting to X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wine importing markets into Moldova were the U.S. ($X), the UK ($X) and Germany ($X), with a combined X% share of total imports. These countries were followed by China, Canada, Japan, the Netherlands, Belgium, Russia, Switzerland, France, Denmark and Moldova, which together accounted for a further X recorded the highest rates of growth with regard to market size, in terms of the main importing countries over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the wine import price in Moldova amounted to $X per litre, reducing by -X% against the previous year. Overall, the wine import price, however, continues to indicate strong growth. The pace of growth appeared the most rapid in 2012 an increase of X% against the previous year. Moldova import price peaked at $X per litre in 2016; however, from 2017 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the U.S. ($X per litre), while France ($X per litre) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Russia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform