Macedonia: Wine Market 2020

Wine Market Size in Macedonia

The revenue of the wine market in Macedonia amounted to $X in 2018, lowering by -X% against the previous year. Overall, wine consumption, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Macedonia wine consumption peaked at $X in 2009; however, from 2010 to 2018, consumption stood at a somewhat lower figure.

Wine Production in Macedonia

In value terms, wine production amounted to $X in 2018 estimated in export prices. In general, wine production, however, continues to indicate a drastic deduction. The growth pace was the most rapid in 2017 when production volume increased by X% year-to-year. Macedonia wine production peaked at $X in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

Wine Exports

Exports from Macedonia

In 2018, the amount of wine and grape must exported from Macedonia amounted to X litres, remaining constant against the previous year. In general, wine exports, however, continue to indicate a slight decline. The pace of growth was the most pronounced in 2016 when exports increased by X% y-o-y. Over the period under review, wine exports attained their maximum at X litres in 2012; however, from 2013 to 2018, exports remained at a lower figure.

In value terms, wine exports amounted to $X in 2018. Over the period under review, wine exports, however, continue to indicate a measured curtailment. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Over the period under review, wine exports attained their peak figure at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

Spain (X litres), Italy (X litres) and France (X litres) represented roughly X% of total exports of wine and grape must in 2018. Chile (X litres) ranks next in terms of the total exports with a X% share, followed by Australia (X%) and South Africa (X%). The following exporters - Germany (X litres), the U.S. (X litres), New Zealand (X litres), Portugal (X litres), Argentina (X litres) and China (X litres) - together made up X% 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, the largest wine markets from Macedonia were France ($X), Italy ($X) and Spain ($X), with a combined X% share of total exports. These countries were followed by Australia, Chile, the U.S., New Zealand, Germany, Portugal, Argentina, South Africa, China and Macedonia, which together accounted for a further X the main exporting countries, China recorded the highest growth rate of market size, over the period under review, while exports for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the wine export price in Macedonia amounted to $X per litre, picking up by X% against the previous year. Overall, the wine export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% y-o-y. Macedonia export price peaked at $X per litre in 2008; however, from 2009 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 Macedonia

In 2018, the amount of wine and grape must imported into Macedonia amounted to X litres, jumping by X% against the previous year. Overall, wine imports, however, continue to indicate a mild slump. The growth pace was the most rapid in 2012 when imports increased by X% against the previous year. Macedonia imports peaked at X litres in 2013; however, from 2014 to 2018, imports stood at a somewhat lower figure.

In value terms, wine imports stood at $X in 2018. The total import value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. In that year, wine imports reached their peak of $X. From 2009 to 2018, the growth of wine imports failed to regain its momentum.

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 recording 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 Macedonia were the U.S. ($X), the UK ($X) and Germany ($X), with a combined X% share of total imports. China, Canada, Japan, the Netherlands, Belgium, Russia, Switzerland, France, Denmark and Macedonia lagged somewhat behind, together accounting for a further X the main importing countries, China experienced the highest rates of growth with regard to market size, over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The wine import price in Macedonia stood at $X per litre in 2018, lowering by -X% against the previous year. Overall, the import price indicated prominent growth from 2007 to 2018: its price increased 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 import price decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2014 an increase of X% y-o-y. In that year, the import prices for wine and grape must reached their peak level of $X per litre. From 2015 to 2018, the growth in terms of the import prices for wine and grape must failed to regain its momentum.

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