The average export price for German wines has reached a new record level in 2022. According to the German Wine Institute (DWI), the average price ex-farm rose by 20 cents to 3.15 euros per litre compared to the previous year. That is twice as much as twenty years ago. The total value of German wine exports in 2022 thus rose by four percent to 370 million euros. Export volumes, on the other hand, fell by three per cent to 1.17 million hectolitres.
"This development is also due to price adjustments that were necessary against the background of the sharp rise in production costs. However, it is also in line with the industry's long-term goal of exporting more higher-quality wines from the German wine regions in order to increase added value," DWI managing director Monika Reule commented on the past year.
The increasing wine exports to China, which is now the fifth most important wine export market for German wine, are pleasing. The average price there is 5.12 euros per litre and thus significantly higher than the general average. Other important consumer countries are the USA, Norway, the Netherlands and Great Britain. German wines were able to achieve higher prices in all markets.
(ru / Source: DWI)