Report Update Nov 1, 2024

Canada - Grape Must - Market Analysis, Forecast, Size, Trends and Insights

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Canada: Grape Must Market 2024

Grape Must Market Size in Canada

The Canadian grape must market was estimated at $X in 2021, standing approx. at the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Grape Must Production in Canada

In value terms, grape must production shrank slightly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 46% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Grape Must Exports

Exports from Canada

In 2021, grape must exports from Canada soared to X litres, jumping by 53% on the previous year. In general, exports, however, showed a deep reduction. The growth pace was the most rapid in 2015 when exports increased by 2,985% against the previous year. As a result, the exports reached the peak of X litres. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, grape must exports surged to $X in 2021. Overall, exports continue to indicate mild growth. The pace of growth appeared the most rapid in 2019 when exports increased by 2,106% against the previous year. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X litres) was the main destination for grape must exports from Canada, accounting for a 74% share of total exports. Moreover, grape must exports to the UK exceeded the volume sent to the second major destination, Trinidad and Tobago (X litres), fourfold.

From 2012 to 2021, the average annual growth rate of volume to the UK stood at -13.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Trinidad and Tobago (+41.0% per year) and Chile (+88.2% per year).

In value terms, the UK ($X) emerged as the key foreign market for grape must exports from Canada, comprising 91% of total exports. The second position in the ranking was held by Trinidad and Tobago ($X), with a 7.5% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK stood at +40.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Trinidad and Tobago (+49.5% per year) and Chile (+69.9% per year).

Export Prices by Country

The average grape must export price stood at $X per litre in 2021, surging by 114% against the previous year. In general, the export price showed a resilient expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 182%. The export price peaked in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per litre), while the average price for exports to Chile ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+62.4%), while the prices for the other major destinations experienced more modest paces of growth.

Grape Must Imports

Imports into Canada

In 2021, supplies from abroad of grape must was finally on the rise to reach X litres for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 46,750% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in years to come.

In value terms, grape must imports skyrocketed to $X in 2021. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2015 with an increase of 21,004%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

Argentina (X litres) and South Korea (X litres) were the main suppliers of grape must imports to Canada.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +6.5%).

In value terms, the largest grape must suppliers to Canada were South Korea ($X) and Argentina ($X).

South Korea, with a CAGR of +6.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

In 2021, the average grape must import price amounted to $X per litre, waning by -5.6% against the previous year. Over the period under review, the import price saw a deep slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 79% against the previous year. As a result, import price reached the peak level of $X per litre. From 2015 to 2021, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was South Korea ($X per litre), while the price for Argentina totaled $X per litre.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+0.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for grape must in the world?

China constituted the country with the largest volume of grape must consumption, comprising approx. 25% of total volume. Moreover, grape must consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 8.5% share.

What are the largest producers of grape must in the world?

The country with the largest volume of grape must production was China, comprising approx. 25% of total volume. Moreover, grape must production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with an 8.5% share.

What are the leading suppliers of grape must to Canada?

In value terms, the largest grape must suppliers to Canada were South Korea and Argentina.

What are the leading importers of grape must from Canada?

In value terms, the UK remains the key foreign market for grape must exports from Canada, comprising 98% of total exports. The second position in the ranking was occupied by Chile $241), with a 1.8% share of total exports.

What is the average export price for grape must in Canada?

In 2021, the average grape must export price amounted to $4.3 per litre, with an increase of 14% against the previous year.

What is the average import price for grape must in Canada?

The average grape must import price stood at $1.5 per litre in 2021, declining by -5.6% against the previous year.

This report provides an in-depth analysis of the grape must market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 11021250 - Grape must (excluding alcohol duty)

Country coverage:

Canada

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Canada
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023