Southern Asia: Market for Grape Juice (Single Strength) 2024

Market Size for Grape Juice (Single Strength) in Southern Asia

The South Asian grape juice (single strength) market surged to $X in 2021, picking up by 115% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Grape Juice (Single Strength) in Southern Asia

In value terms, grape juice (single strength) production declined to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.7% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 14%. Over the period under review, production attained the maximum level at $X in 2020, and then reduced modestly in the following year.

Exports of Grape Juice (Single Strength)

Exports in Southern Asia

In 2021, exports of grape juice (single strength) in Southern Asia soared to X tons, rising by 149% on 2020 figures. Over the period under review, exports, however, continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2014 when exports increased by 283%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, grape juice (single strength) exports soared to $X in 2021. Overall, exports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2014 when exports increased by 655% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Pakistan represented the major exporting country with an export of around X tons, which accounted for 59% of total exports. Nepal (X tons) took the second position in the ranking, distantly followed by Sri Lanka (X kg). All these countries together held near 40% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Pakistan (with a CAGR of +82.4%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Nepal ($X), Pakistan ($X) and Sri Lanka ($X) constituted the countries with the highest levels of exports in 2021, with a combined 99% share of total exports.

In terms of the main exporting countries, Pakistan, with a CAGR of +72.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, reducing by -27.9% against the previous year. Over the period under review, the export price, however, showed a temperate increase. The pace of growth appeared the most rapid in 2014 when the export price increased by 97% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 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 Sri Lanka ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nepal (+8.1%), while the other leaders experienced mixed trends in the export price figures.

Imports of Grape Juice (Single Strength)

Imports in Southern Asia

In 2021, approx. X tons of grape juice (single strength) were imported in Southern Asia; rising by 152% on 2020. Over the period under review, imports, however, saw a noticeable shrinkage. Over the period under review, imports reached the peak figure 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 surged to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Bangladesh (X tons), Maldives (X tons), Sri Lanka (X tons) and India (X tons) represented roughly 89% of total imports in 2021. It was distantly followed by Pakistan (X tons), generating a 9.9% share of total imports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +40.4%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest grape juice (single strength) importing markets in Southern Asia were Maldives ($X), Bangladesh ($X) and India ($X), with a combined 78% share of total imports.

In terms of the main importing countries, India, with a CAGR of +42.4%, 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 mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, surging by 22% against the previous year. Over the last nine years, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2014 when the import price increased by 43%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the import prices remained at a somewhat 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 Maldives ($X per ton), while Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+6.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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