Southern Asia: Grape Market 2024

Grape Market Size in Southern Asia

In 2022, after five years of growth, there was decline in the South Asian grape market, when its value decreased by -1.8% to $X. The market value increased at an average annual rate of +4.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2021, and then reduced in the following year.

Grape Production in Southern Asia

In value terms, grape production amounted to $X in 2022 estimated in export price. The total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.4% against 2020 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by 38% against the previous year. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

India (X tons) constituted the country with the largest volume of grape production, comprising approx. 75% of total volume. Moreover, grape production in India exceeded the figures recorded by the second-largest producer, Afghanistan (X tons), threefold.

In India, grape production expanded at an average annual rate of +3.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Afghanistan (+5.6% per year) and Pakistan (+3.2% per year).

The average grape yield declined to X tons per ha in 2022, remaining relatively unchanged against 2021 figures. The yield figure increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2013 with an increase of 8.5%. The level of yield peaked at X tons per ha in 2019; however, from 2020 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of grapes production in Southern Asia fell modestly to X ha, waning by -1.8% compared with the previous year. The harvested area increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the harvested area increased by 9.5% against the previous year. The level of harvested area peaked at X ha in 2021, and then contracted modestly in the following year.

Grape Exports

Exports in Southern Asia

In 2022, exports of grapes in Southern Asia rose slightly to X tons, picking up by 3.1% on the previous year's figure. In general, exports showed a prominent expansion. The pace of growth was the most pronounced in 2016 with an increase of 134% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, grape exports dropped slightly to $X in 2022. Over the period under review, exports posted a prominent increase. The most prominent rate of growth was recorded in 2016 when exports increased by 99.9%. Over the period under review, the exports reached the maximum at $X in 2021, and then contracted in the following year.

Exports by Country

India was the major exporting country with an export of around X tons, which recorded 79% of total exports. It was distantly followed by Afghanistan (X tons), generating a 21% share of total exports.

Exports from India increased at an average annual rate of +9.2% from 2012 to 2022. At the same time, Afghanistan (+20.0%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +20.0% from 2012-2022. From 2012 to 2022, the share of Afghanistan increased by +12 percentage points.

In value terms, India ($X) remains the largest grape supplier in Southern Asia, comprising 84% of total exports. The second position in the ranking was taken by Afghanistan ($X), with a 16% share of total exports.

In India, grape exports expanded at an average annual rate of +8.8% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, which is down by -7.6% against the previous year. In general, the export price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2014 an increase of 15% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Afghanistan totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.3%).

Grape Imports

Imports in Southern Asia

After two years of growth, purchases abroad of grapes decreased by -21.5% to X tons in 2022. Over the period under review, imports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 105%. Over the period under review, imports hit record highs at X tons in 2021, and then contracted significantly in the following year.

In value terms, grape imports fell to $X in 2022. In general, imports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2014 when imports increased by 109% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Pakistan (X tons) and Bangladesh (X tons) dominates imports structure, together constituting 91% of total imports. It was distantly followed by India (X tons), committing a 5% share of total imports. Nepal (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Bangladesh (with a CAGR of +41.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Bangladesh ($X) constitutes the largest market for imported grapes in Southern Asia, comprising 61% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 24% share of total imports. It was followed by India, with a 7.8% share.

In Bangladesh, grape imports increased at an average annual rate of +42.2% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (+11.2% per year) and India (+5.5% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, jumping by 21% against the previous year. Import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grape import price decreased by -33.7% against 2019 indices. The pace of growth was the most pronounced in 2019 an increase of 69%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Nepal ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+1.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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