Italy: Market for Grape Juice (Single Strength) 2024

Market Size for Grape Juice (Single Strength) in Italy

In 2021, the Italian grape juice (single strength) market increased by 56% to $X, rising for the fifth consecutive year after two years of decline. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Grape Juice (Single Strength) in Italy

In value terms, grape juice (single strength) production reduced to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2018 with an increase of 35% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Grape Juice (Single Strength)

Exports from Italy

In 2021, the amount of grape juice (single strength) exported from Italy expanded slightly to X tons, rising by 1.6% compared with the previous year. Overall, exports, however, showed a mild curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by 37%. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, grape juice (single strength) exports contracted modestly to $X in 2021. In general, exports, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2018 when exports increased by 29% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for grape juice (single strength) exports from Italy, with a 58% share of total exports. Moreover, grape juice (single strength) exports to Germany exceeded the volume sent to the second major destination, Austria (X tons), fourfold. France (X tons) ranked third in terms of total exports with a 9.7% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at -1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+8.5% per year) and France (-8.2% per year).

In value terms, Germany ($X) remains the key foreign market for grape juice (single strength) exports from Italy, comprising 56% of total exports. The second position in the ranking was taken by Austria ($X), with a 14% share of total exports. It was followed by France, with a 9.5% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled -3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+5.5% per year) and France (-9.5% per year).

Export Prices by Country

The average grape juice (single strength) export price stood at $X per ton in 2021, declining by -3.8% against the previous year. In general, the export price continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 35%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Switzerland ($X per ton) and the Netherlands ($X per ton), while the average price for exports to Austria ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (-1.5%), while the prices for the other major destinations experienced a decline.

Imports of Grape Juice (Single Strength)

Imports into Italy

In 2021, approx. X tons of grape juice (single strength) were imported into Italy; surging by 84% against the previous year. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 138%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, grape juice (single strength) imports surged to $X in 2021. Overall, imports, however, saw a pronounced decline. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest grape juice (single strength) supplier to Italy, accounting for a 77% share of total imports. Moreover, grape juice (single strength) imports from Spain exceeded the figures recorded by the second-largest supplier, Hungary (X tons), eightfold. Greece (X tons) ranked third in terms of total imports with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain totaled -1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+77.4% per year) and Greece (+55.1% per year).

In value terms, Spain ($X) constituted the largest supplier of grape juice (single strength) to Italy, comprising 67% of total imports. The second position in the ranking was held by Greece ($X), with a 14% share of total imports. It was followed by Hungary, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at -7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+50.1% per year) and Hungary (+61.7% per year).

Import Prices by Country

The average grape juice (single strength) import price stood at $X per ton in 2021, increasing by 14% against the previous year. Over the period under review, the import price, however, showed a perceptible descent. The pace of growth was the most pronounced in 2017 when the average import price increased by 51% against the previous year. Over the period under review, average import prices reached the maximum 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 supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :