Egypt: Market for Grape Juice (Single Strength) 2024

Market Size for Grape Juice (Single Strength) in Egypt

The Egyptian grape juice (single strength) market shrank sharply to $X in 2021, with a decrease of -90.4% against the previous year. Overall, consumption showed a dramatic downturn. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Production of Grape Juice (Single Strength) in Egypt

In value terms, grape juice (single strength) production declined to $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 15% against the previous year. Grape juice (single strength) production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Exports of Grape Juice (Single Strength)

Exports from Egypt

In 2021, approx. X tons of grape juice (single strength) were exported from Egypt; increasing by 59% against the previous year. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2018 when exports increased by 734%. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, grape juice (single strength) exports soared to $X in 2021. In general, exports posted significant growth. The pace of growth was the most pronounced in 2018 when exports increased by 603% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

China (X tons), Saudi Arabia (X tons) and Singapore (X tons) were the main destinations of grape juice (single strength) exports from Egypt, with a combined 71% share of total exports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +83.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Saudi Arabia ($X) and Singapore ($X) were the largest markets for grape juice (single strength) exported from Egypt worldwide, with a combined 72% share of total exports.

China, with a CAGR of +77.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average grape juice (single strength) export price stood at $X per ton in 2021, waning by -20.7% against the previous year. Over the period under review, the export price saw a perceptible contraction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 19%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+15.7%), while the prices for the other major destinations experienced a decline.

Imports of Grape Juice (Single Strength)

Imports into Egypt

Grape juice (single strength) imports into Egypt declined dramatically to X tons in 2021, with a decrease of -31.5% compared with 2020. In general, imports continue to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2019 with an increase of 1,453% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, grape juice (single strength) imports contracted significantly to $X in 2021. Overall, imports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2019 with an increase of 1,196%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Austria (X tons) constituted the largest supplier of grape juice (single strength) to Egypt, accounting for a 87% share of total imports. Moreover, grape juice (single strength) imports from Austria exceeded the figures recorded by the second-largest supplier, India (X kg), more than tenfold. The third position in this ranking was held by the United Arab Emirates (X kg), with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Austria totaled +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (0.0% per year) and the United Arab Emirates (0.0% per year).

In value terms, Austria ($X) constituted the largest supplier of grape juice (single strength) to Egypt, comprising 87% of total imports. The second position in the ranking was taken by India ($X), with a 3.5% share of total imports. It was followed by the United Arab Emirates, with a 2.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Austria was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: India (0.0% per year) and the United Arab Emirates (0.0% per year).

Import Prices by Country

In 2021, the average grape juice (single strength) import price amounted to $X per ton, reducing by -8.7% against the previous year. In general, the import price showed a slight slump. The pace of growth appeared the most rapid in 2013 when the average import price increased by 113%. Over the period under review, average import prices attained the maximum at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Austria ($X per ton) and the United States ($X per ton), while the price for Italy ($X per ton) and the United Arab Emirates ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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