Report Update Nov 1, 2024

Mexico - Grape Must - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Grape Must Market 2024

Grape Must Market Size in Mexico

In 2021, after two years of decline, there was significant growth in the Mexican grape must market, when its value increased by 243% to $X. In general, consumption saw significant growth. Grape must consumption peaked in 2021 and is expected to retain growth in the immediate term.

Grape Must Exports

Exports from Mexico

In 2021, grape must exports from Mexico skyrocketed to X litres, rising by 32% compared with 2020. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2013 with an increase of 17,180%. The exports peaked at X litres in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, grape must exports dropped remarkably to $X in 2021. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 2,248% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

France (X litres), Belgium (X litres) and Guatemala (X litres) were the main destinations of grape must exports from Mexico, with a combined 45% share of total exports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +250.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for grape must exported from Mexico were France ($X), Guatemala ($X) and Belgium ($X), with a combined 55% share of total exports.

In terms of the main countries of destination, France, with a CAGR of +131.4%, saw the highest growth rate of 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 must export price amounted to $X per litre, reducing by -78.8% against the previous year. Overall, the export price faced a sharp shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 682%. As a result, the export price reached the peak level of $X per litre. From 2016 to 2021, the average export prices remained at a 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 Guatemala ($X per litre), while the average price for exports to Belgium ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Panama (-8.0%), while the prices for the other major destinations experienced a decline.

Grape Must Imports

Imports into Mexico

After two years of decline, overseas purchases of grape must increased by 236% to X litres in 2021. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 746%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, grape must imports soared to $X in 2021. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 1,445% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, Italy (X litres) constituted the largest supplier of grape must to Mexico, with a 39% share of total imports. Moreover, grape must imports from Italy exceeded the figures recorded by the second-largest supplier, Chile (X litres), threefold. Spain (X litres) ranked third in terms of total imports with a 4.8% share.

From 2012 to 2021, the average annual growth rate of volume from Italy totaled +54.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (0.0% per year) and Spain (+66.7% per year).

In value terms, Italy ($X) constituted the largest supplier of grape must to Mexico, comprising 38% of total imports. The second position in the ranking was held by Chile ($X), with a 12% share of total imports. It was followed by Spain, with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy stood at +37.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (0.0% per year) and Spain (+90.0% per year).

Import Prices by Country

The average grape must import price stood at $X per litre in 2021, picking up by 3.7% against the previous year. Overall, the import price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2015 an increase of 83% against the previous year. The import price peaked at $X per litre in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Spain ($X per litre) and the United States ($X per litre), while the price for Chile ($X per litre) and Italy ($X per litre) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+13.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for grape must in the world?

China remains the largest grape must consuming country worldwide, accounting for 25% of total volume. Moreover, grape must consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with an 8.5% share.

What are the largest producers of grape must in the world?

China constituted the country with the largest volume of grape must production, accounting for 25% of total volume. Moreover, grape must production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with an 8.5% share.

What are the leading suppliers of grape must to Mexico?

In value terms, Italy constituted the largest supplier of grape must to Mexico, comprising 67% of total imports. The second position in the ranking was occupied by Chile, with a 21% share of total imports. It was followed by Spain, with a 9.1% share.

What are the leading importers of grape must from Mexico?

In value terms, the largest markets for grape must exported from Mexico were Guatemala $448), Belgium $381) and Chile $149).

What is the average export price for grape must in Mexico?

The average grape must export price stood at $2.5 per litre in 2021, dropping by -51.9% against the previous year.

What is the average import price for grape must in Mexico?

The average grape must import price stood at $3.3 per litre in 2021, dropping by -2.9% against the previous year.

This report provides an in-depth analysis of the grape must market in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 11021250 - Grape must (excluding alcohol duty)

Country coverage:

Mexico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Mexico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023