Israel: Market for Grape Juice (Single Strength) 2024

Market Size for Grape Juice (Single Strength) in Israel

After two years of growth, the Israeli grape juice (single strength) market decreased by -5.7% to $X in 2021. In general, consumption, however, continues to indicate a buoyant expansion. Grape juice (single strength) consumption peaked at $X in 2020, and then contracted in the following year.

Production of Grape Juice (Single Strength) in Israel

In value terms, grape juice (single strength) production totaled $X in 2021 estimated in export price. Over the period under review, production, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when the production volume increased by 24% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Exports of Grape Juice (Single Strength)

Exports from Israel

In 2021, overseas shipments of grape juice (single strength) decreased by -86.4% to X tons, falling for the second year in a row after eight years of growth. In general, exports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2019 with an increase of 377% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, grape juice (single strength) exports contracted rapidly to $X in 2021. Overall, exports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2013 with an increase of 450% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Swaziland (X tons), France (X kg) and the Netherlands (X kg) were the main destinations of grape juice (single strength) exports from Israel, together accounting for 46% of total exports. These countries were followed by South Africa, Russia, Turkey, the UK, the United States, Kazakhstan and China, which together accounted for a further 18%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Africa (with a CAGR of +33.1%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Swaziland ($X) and South Africa ($X) appeared to be the largest markets for grape juice (single strength) exported from Israel worldwide, together comprising 47% of total exports.

Among the main countries of destination, South Africa, with a CAGR of +51.4%, 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 average grape juice (single strength) export price stood at $X per ton in 2021, growing by 33% against the previous year. Over the last nine years, it increased at an average annual rate of +2.1%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the UK ($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 Swaziland (+61.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grape Juice (Single Strength)

Imports into Israel

In 2021, after two years of growth, there was decline in overseas purchases of grape juice (single strength), when their volume decreased by -1.6% to X tons. In general, imports, however, recorded a prominent increase. The growth pace was the most rapid in 2019 with an increase of 137% against the previous year. Imports peaked at X tons in 2020, and then contracted slightly in the following year.

In value terms, grape juice (single strength) imports shrank to $X in 2021. Over the period under review, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of 129% against the previous year. Over the period under review, imports reached the maximum at $X in 2020, and then dropped in the following year.

Imports by Country

Spain (X tons), Argentina (X tons) and the United States (X tons) were the main suppliers of grape juice (single strength) imports to Israel, together accounting for 83% of total imports.

From 2012 to 2021, the biggest increases were recorded for Argentina (with a CAGR of +26.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest grape juice (single strength) suppliers to Israel were Spain ($X), Argentina ($X) and the United States ($X), with a combined 86% share of total imports.

In terms of the main suppliers, Argentina, with a CAGR of +31.7%, 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 more modest paces of growth.

Import Prices by Country

The average grape juice (single strength) import price stood at $X per ton in 2021, reducing by -6.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2013 an increase of 18%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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 Argentina ($X per ton), while the price for Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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