SADC: Grape Must Market 2024

Grape Must Market Size in SADC

The SADC grape must market reduced modestly to $X in 2021, which is down by -4% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Grape Must Production in SADC

In value terms, grape must production shrank slightly to $X in 2021 estimated in export price. The total production indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +2.1% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 44% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Grape Must Exports

Exports in SADC

In 2021, grape must exports in SADC soared to X litres, picking up by 22% compared with the previous year. Overall, exports enjoyed a resilient increase. The pace of growth was the most pronounced in 2014 when exports increased by 270%. The volume of export peaked at X litres in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, grape must exports surged to $X in 2021. In general, exports posted a resilient expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 116% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

South Africa dominates exports structure, amounting to X litres, which was near 92% of total exports in 2021. It was distantly followed by Swaziland (X litres), making up a 6.6% share of total exports.

Exports from South Africa increased at an average annual rate of +19.1% from 2012 to 2021. At the same time, Swaziland (+19.4%) displayed positive paces of growth. Moreover, Swaziland emerged as the fastest-growing exporter exported in SADC, with a CAGR of +19.4% from 2012-2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest grape must supplier in SADC, comprising 98% of total exports. The second position in the ranking was taken by Swaziland ($X), with a 0.9% share of total exports.

In South Africa, grape must exports expanded at an average annual rate of +17.9% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in SADC amounted to $X per litre, surging by 5% against the previous year. Over the period under review, the export price, however, continues to indicate a mild setback. The pace of growth was the most pronounced in 2018 an increase of 101%. As a result, the export price attained the peak level of $X per litre. From 2019 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per litre), while Swaziland amounted to $X per litre.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (-1.0%).

Grape Must Imports

Imports in SADC

After two years of decline, overseas purchases of grape must increased by 15% to X litres in 2021. Over the period under review, imports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2013 when imports increased by 63%. As a result, imports attained the peak of X litres. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, grape must imports soared to $X in 2021. In general, imports, however, saw a noticeable decline. The growth pace was the most rapid in 2018 when imports increased by 96%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of grape must imports in 2021 were Namibia (X litres), Angola (X litres), Mozambique (X litres), Zambia (X litres), Democratic Republic of the Congo (X litres), Lesotho (X litres), Mauritius (X litres) and Botswana (X litres), together reaching 93% of total import.

From 2012 to 2021, the biggest increases were recorded for Zambia (with a CAGR of +73.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Angola ($X), Namibia ($X) and Zambia ($X) constituted the countries with the highest levels of imports in 2021, with a combined 61% share of total imports.

Zambia, with a CAGR of +72.9%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in SADC amounted to $X per litre, increasing by 8.1% against the previous year. Import price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, grape must import price decreased by -8.5% against 2018 indices. The pace of growth appeared the most rapid in 2017 an increase of 30%. Over the period under review, import prices reached the maximum at $X per litre in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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 Mauritius ($X per litre), while Mozambique ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Angola (+9.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform