Report Update Nov 1, 2024

Sri Lanka - Grape Must - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Sri Lanka: Grape Must Market 2024

Grape Must Market Size in Sri Lanka

In 2021, the Sri Lankan grape must market decreased by -25.8% to $X, falling for the second year in a row after two years of growth. In general, consumption, however, saw a significant increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Grape Must Exports

Exports from Sri Lanka

Grape must exports from Sri Lanka was estimated at X litres in 2014, stabilizing at the previous year's figure. Over the period under review, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the peak figure in 2014 and are expected to retain growth in the near future.

In value terms, grape must exports totaled $X in 2014. Overall, exports showed a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2014 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X litres) was the main destination for grape must exports from Sri Lanka, with a 84% share of total exports. Moreover, grape must exports to Germany exceeded the volume sent to the second major destination, Italy (X litres), fivefold.

From 2014 to 2014, the average annual rate of growth in terms of volume to Germany was relatively modest.

From 2014 to 2014, the average annual growth rate of value to Germany was relatively modest.

Grape Must Imports

Imports into Sri Lanka

In 2021, purchases abroad of grape must decreased by -29.4% to X litres, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 9,203%. Imports peaked at X litres in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, grape must imports declined to $X in 2021. Overall, imports, however, showed a significant increase. The growth pace was the most rapid in 2016 with an increase of 7,338%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, South Africa (X litres) constituted the largest supplier of grape must to Sri Lanka, accounting for a 73% share of total imports. Moreover, grape must imports from South Africa exceeded the figures recorded by the second-largest supplier, Italy (X litres), fourfold.

From 2012 to 2021, the average annual growth rate of volume from South Africa amounted to +61.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+60.8% per year) and Australia (-12.4% per year).

In value terms, South Africa ($X) constituted the largest supplier of grape must to Sri Lanka, comprising 62% of total imports. The second position in the ranking was held by Italy ($X), with a 21% share of total imports. It was followed by Australia, with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from South Africa stood at +46.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+36.4% per year) and Australia (+21.2% per year).

Import Prices by Country

The average grape must import price stood at $X per litre in 2021, with an increase of 27% against the previous year. Over the period under review, the import price, however, recorded a deep reduction. The import price peaked at $X per litre in 2012; however, from 2013 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 Australia ($X per litre), while the price for South Africa ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+38.1%), 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?

The country with the largest volume of grape must consumption was China, comprising approx. 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?

The country with the largest volume of grape must production was China, 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. The third position in this ranking was occupied by India, with an 8.5% share.

What are the leading suppliers of grape must to Sri Lanka?

In value terms, South Africa constituted the largest supplier of grape must to Sri Lanka, comprising 75% of total imports. The second position in the ranking was occupied by Italy, with a 15% share of total imports.

What is the average export price for grape must in Sri Lanka?

The average grape must export price stood at $3.2 per litre in 2014, approximately equating the previous year.

What is the average import price for grape must in Sri Lanka?

In 2021, the average grape must import price amounted to $3.3 per litre, declining by -61.9% against the previous year.

This report provides an in-depth analysis of the grape must market in Sri Lanka. 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:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
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