The UK is the 24th most expensive place to buy a bottle of wine, with an average price of £10.70, a new index shows.
The latest research from SHAREaCAMPER looked at the cost of wine in 65 countries around the world, comparing local and imported averages.
Wine-lovers should head to Paraguay for a cheap glass of red, where the average bottle will cost you around £5.93. Other places with cheap wine include Argentina, New Zealand and Panama, and Malta, Turkey and Bulgaria if you're looking for somewhere a little closer to home for a low price tipple.
The top five most expensive countries to buy wine overall (and definitely to avoid for that beach holiday) were:
- United Arab Emirates – £30.64 a bottle
- Singapore – £30.27
- Maldives – £28.18
- Israel – £23.73
- South Korea – £22.93
The country with the most affordable local wine is Nepal costing an average of £4.07 a bottle, whilst the most expensive is Venezuela, at an average of £20.37 a bottle.
In terms of the amount consumed per capita annually, Luxembourg topped the table, swilling 61.3 litres, followed by Portugal, France and then Italy. Britain guzzled 24.6 litres per capital.
Wine-lovers have reason to be concerned about the booze after the vote to the leave the EU – suppliers have been announcing they will raise their prices due to a weak pound.
If a deal with the EU is not secured, wine imports could be subject to tariffs too.
*Note: All prices were calculated using the exchange rates accurate on 4 October 2016. Due to the plummeting pound, this may mean the UK import prices are slightly lower than they would be now.