U.S.: Market for Grape Juice (Single Strength) 2024

Market Size for Grape Juice (Single Strength) in the U.S.

In 2021, the U.S. grape juice (single strength) market was finally on the rise to reach $X for the first time since 2016, thus ending a four-year declining trend. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Production of Grape Juice (Single Strength) in the U.S.

In value terms, grape juice (single strength) production expanded to $X in 2021. Overall, the total production indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +3.5% 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 decreased by -23.3% against 2016 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by 92%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Exports of Grape Juice (Single Strength)

Exports from the U.S.

In 2021, the amount of grape juice (single strength) exported from the United States skyrocketed to X tons, growing by 22% compared with the year before. In general, exports, however, continue to indicate a abrupt decrease. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, grape juice (single strength) exports soared to $X in 2021. Over the period under review, exports showed a relatively flat trend pattern. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons), Japan (X tons) and Israel (X tons) were the main destinations of grape juice (single strength) exports from the United States, together accounting for 52% of total exports. Costa Rica, the UK, China and the Philippines lagged somewhat behind, together comprising a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Philippines (with a CAGR of +44.7%), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Canada ($X) and Israel ($X) were the largest markets for grape juice (single strength) exported from the United States worldwide, with a combined 59% share of total exports. Costa Rica, the UK, China and the Philippines lagged somewhat behind, together comprising a further 24%.

In terms of the main countries of destination, the Philippines, with a CAGR of +51.7%, saw the highest rates of growth with regard to 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

The average grape juice (single strength) export price stood at $X per ton in 2021, approximately mirroring the previous year. Overall, the export price showed a resilient expansion. The most prominent rate of growth was recorded in 2016 an increase of 60% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grape Juice (Single Strength)

Imports into the U.S.

In 2021, overseas purchases of grape juice (single strength) decreased by -2.8% to X tons, falling for the third consecutive year after three years of growth. Overall, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2017 with an increase of 63% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, grape juice (single strength) imports surged to $X in 2021. In general, imports, however, saw a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of 70%. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in the near future.

Imports by Country

Canada (X tons), Brazil (X tons) and Chile (X tons) were the main suppliers of grape juice (single strength) imports to the United States, with a combined 83% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +14.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) constituted the largest supplier of grape juice (single strength) to the United States, comprising 63% of total imports. The second position in the ranking was taken by Brazil ($X), with a 13% share of total imports. It was followed by Chile, with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Canada amounted to +10.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+21.2% per year) and Chile (+14.4% per year).

Import Prices by Country

In 2021, the average grape juice (single strength) import price amounted to $X per ton, increasing by 24% against the previous year. Overall, the import price continues to indicate resilient growth. The growth pace was the most rapid in 2020 an increase of 121% against the previous year. The import price peaked in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+22.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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