CIS: Market for Grape Juice (Single Strength) 2024

Market Size for Grape Juice (Single Strength) in CIS

The CIS grape juice (single strength) market dropped to $X in 2021, approximately mirroring the previous year. Over the period under review, consumption, however, continues to indicate a abrupt downturn. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Grape Juice (Single Strength) in CIS

In value terms, grape juice (single strength) production fell modestly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a deep contraction. The growth pace was the most rapid in 2013 when the production volume increased by 9.7%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Exports of Grape Juice (Single Strength)

Exports in CIS

In 2021, overseas shipments of grape juice (single strength) decreased by -57.1% to X tons, falling for the third year in a row after two years of growth. Overall, exports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2015 when exports increased by 389% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, grape juice (single strength) exports fell rapidly to $X in 2021. Over the period under review, exports, however, showed a strong increase. The growth pace was the most rapid in 2015 when exports increased by 217%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Uzbekistan was the main exporter of grape juice (single strength) in the CIS, with the volume of exports recording X tons, which was near 44% of total exports in 2021. Russia (X tons) held a 29% share (based on physical terms) of total exports, which put it in second place, followed by Moldova (16%) and Azerbaijan (9.6%).

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Moldova (with a CAGR of +21.1%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Uzbekistan ($X) and Moldova ($X) constituted the countries with the highest levels of exports in 2021, together comprising 82% of total exports.

Among the main exporting countries, Moldova, with a CAGR of +27.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2021, with an increase of 23% against the previous year. In general, the export price, however, recorded a pronounced reduction. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Azerbaijan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Moldova (+5.1%), while the other leaders experienced a decline in the export price figures.

Imports of Grape Juice (Single Strength)

Imports in CIS

In 2021, purchases abroad of grape juice (single strength) decreased by -51.9% to X tons, falling for the third year in a row after two years of growth. Over the period under review, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2013 when imports increased by 217% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, grape juice (single strength) imports dropped notably to $X in 2021. Overall, imports saw a deep slump. The pace of growth appeared the most rapid in 2013 with an increase of 120% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Kazakhstan (X tons) and Russia (X tons) represented roughly 69% of total imports in 2021. It was distantly followed by Moldova (X tons) and Belarus (X tons), together constituting a 30% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Moldova (with a CAGR of +26.5%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest grape juice (single strength) importing markets in the CIS were Russia ($X), Kazakhstan ($X) and Moldova ($X), with a combined 91% share of total imports.

Moldova, with a CAGR of +22.9%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, surging by 49% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+5.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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