Europe: Market for Grape Juice (Single Strength) 2024

Market Size for Grape Juice (Single Strength) in Europe

The Europe grape juice (single strength) market reduced to $X in 2021, stabilizing at the previous year. Overall, consumption, however, recorded a deep contraction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Grape Juice (Single Strength) in Europe

In value terms, grape juice (single strength) production reduced modestly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2018 with an increase of 25%. The level of production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Grape Juice (Single Strength)

Exports in Europe

In 2021, grape juice (single strength) exports in Europe skyrocketed to X tons, rising by 22% compared with 2020. The total export volume increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by 28%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, grape juice (single strength) exports skyrocketed to $X in 2021. Over the period under review, exports, however, recorded a mild decline. The most prominent rate of growth was recorded in 2018 with an increase of 34% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Italy (X tons) and Spain (X tons) prevails in exports structure, together constituting 83% of total exports. Austria (X tons), Germany (X tons), France (X tons), Greece (X tons) and Hungary (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Spain (with a CAGR of +10.4%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Spain ($X) and Austria ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for 81% of total exports.

Spain, with a CAGR of +4.7%, 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 mixed trends in the exports figures.

Export Prices by Country

The export price in Europe stood at $X per ton in 2021, waning by -5.2% against the previous year. Over the period under review, the export price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 26%. Over the period under review, the export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat 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 Europe

In 2021, imports of grape juice (single strength) in Europe surged to X tons, with an increase of 15% on the previous year. In general, imports, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 18%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, grape juice (single strength) imports expanded notably to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2018 when imports increased by 25% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Italy (X tons) and Germany (X tons) were the largest importers of grape juice (single strength) in 2021, amounting to near 35% and 31% of total imports, respectively. France (X tons) ranks next in terms of the total imports with an 11% share, followed by Austria (8.1%) and the Netherlands (6.5%). The following importers - Switzerland (X tons) and the UK (X tons) - each recorded a 4.1% share of total imports.

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, Germany ($X), Italy ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 70% share of total imports. These countries were followed by the Netherlands, Austria, the UK and Switzerland, which together accounted for a further 23%.

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

Import Prices by Country

The import price in Europe stood at $X per ton in 2021, with a decrease of -5.1% against the previous year. Overall, the import price recorded a noticeable downturn. The pace of growth appeared the most rapid in 2018 an increase of 28%. The level of import peaked 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 UK ($X per ton), while Italy ($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 UK (+2.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform