Iran: Market for Grape Juice (Single Strength) 2024

Market Size for Grape Juice (Single Strength) in Iran

In 2021, the Iranian grape juice (single strength) market decreased by -1.1% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption, however, saw a prominent increase. Over the period under review, the market attained the peak level at $X in 2020, and then fell in the following year.

Production of Grape Juice (Single Strength) in Iran

In value terms, grape juice (single strength) production amounted to $X in 2021 estimated in export price. In general, production, however, showed a resilient increase. The pace of growth was the most pronounced in 2019 with an increase of 127% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Exports of Grape Juice (Single Strength)

Exports from Iran

In 2021, the amount of grape juice (single strength) exported from Iran declined dramatically to X tons, reducing by -29.7% compared with the year before. Overall, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of 210%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, grape juice (single strength) exports contracted remarkably to $X in 2021. Over the period under review, exports showed a pronounced decrease. The most prominent rate of growth was recorded in 2016 with an increase of 242% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Canada (X tons), the United States (X tons) and China (X tons) were the main destinations of grape juice (single strength) exports from Iran, with a combined 54% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +77.1%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Canada ($X) and the UK ($X) were the largest markets for grape juice (single strength) exported from Iran worldwide, with a combined 74% share of total exports. These countries were followed by Iraq, China, Afghanistan and Sweden, which together accounted for a further 13%.

In terms of the main countries of destination, China, with a CAGR of +57.5%, 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

In 2021, the average grape juice (single strength) export price amounted to $X per ton, rising by 19% against the previous year. Over the period under review, export price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, grape juice (single strength) export price decreased by -4.0% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 85%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Sweden ($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 Russia (+77.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grape Juice (Single Strength)

Imports into Iran

In 2021, imports of grape juice (single strength) into Iran shrank remarkably to X kg, with a decrease of -86.8% against the previous year's figure. Over the period under review, imports showed a precipitous decrease. The growth pace was the most rapid in 2018 with an increase of 1,747%. Over the period under review, imports hit record highs 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 shrank remarkably to $X in 2021. Overall, imports showed a significant curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 1,681% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X kg), Spain (X kg) and the United Arab Emirates (X kg) were the main suppliers of grape juice (single strength) imports to Iran, together comprising 98% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of -22.6%), while imports for the other leaders experienced a decline.

In value terms, Spain ($X) constituted the largest supplier of grape juice (single strength) to Iran, comprising 79% of total imports. The second position in the ranking was held by Germany ($X), with an 11% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain totaled -27.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-36.2% per year) and the United Arab Emirates (-64.0% per year).

Import Prices by Country

The average grape juice (single strength) import price stood at $X per ton in 2021, waning by -11% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by 106% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (-3.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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