EU: Market for Grape Juice (Single Strength) 2024

Market Size for Grape Juice (Single Strength) in the EU

The EU grape juice (single strength) market declined to $X in 2021, therefore, remained relatively stable against the previous year. Over the period under review, consumption, however, saw a pronounced contraction. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Grape Juice (Single Strength) in the EU

In value terms, grape juice (single strength) production reduced modestly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a pronounced decrease. The pace of growth appeared the most rapid in 2018 with an increase of 25%. The level of production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Grape Juice (Single Strength)

Exports in the EU

Grape juice (single strength) exports surged to X tons in 2021, increasing by 20% against 2020. The total export volume increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 27% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, grape juice (single strength) exports expanded remarkably to $X in 2021. In general, exports, however, recorded a slight downturn. The pace of growth was the most pronounced in 2018 with an increase of 35%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Italy (X tons) and Spain (X tons) prevails in exports structure, together comprising 83% of total exports. Austria (X tons), Germany (X tons), France (X tons), Greece (X tons) and Cyprus (X tons) took a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Cyprus (with a CAGR of +12.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest grape juice (single strength) supplying countries in the European Union were Italy ($X), Spain ($X) and Austria ($X), with a combined 82% share of total exports. Germany, France, Greece and Cyprus lagged somewhat behind, together comprising a further 13%.

Cyprus, with a CAGR of +12.6%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries 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 European Union stood at $X per ton in 2021, shrinking by -6.2% against the previous year. Overall, the export price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2018 an increase of 25% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+0.5%), while the other leaders experienced a decline in the export price figures.

Imports of Grape Juice (Single Strength)

Imports in the EU

In 2021, grape juice (single strength) imports in the European Union amounted to X tons, increasing by 14% compared with the previous year. Over the period under review, imports, however, continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2014 with an increase of 21% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, grape juice (single strength) imports rose notably to $X in 2021. In general, imports, however, showed a deep contraction. The pace of growth appeared the most rapid in 2018 when imports increased by 28% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Italy (X tons) and Germany (X tons) represented the main importers of grape juice (single strength) in the European Union, together reaching near 70% of total imports. France (X tons) held an 11% share (based on physical terms) of total imports, which put it in second place, followed by Austria (8.5%) and the Netherlands (6.9%).

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Austria (with a CAGR of +12.5%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest grape juice (single strength) importing markets in the European Union were Germany ($X), Italy ($X) and France ($X), together accounting for 77% of total imports. These countries were followed by the Netherlands and Austria, which together accounted for a further 17%.

Austria, with a CAGR of +6.6%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, dropping by -6% against the previous year. In general, the import price saw a pronounced setback. The pace of growth appeared the most rapid in 2018 an increase of 29% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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