Report Update Nov 1, 2024

U.S. - Grape Must - Market Analysis, Forecast, Size, Trends and Insights

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U.S.: Grape Must Market 2024

Grape Must Market Size in the U.S.

The U.S. grape must market was estimated at $X in 2021, growing by 1.6% against the previous year. Overall, consumption saw a noticeable curtailment. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Grape Must Production in the U.S.

In value terms, grape must production expanded slightly to $X in 2021. Overall, production recorded a noticeable decline. The pace of growth appeared the most rapid in 2019 with an increase of 31%. Grape must production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Grape Must Exports

Exports from the U.S.

Grape must exports from the United States fell rapidly to X litres in 2021, waning by -68.9% on the previous year. In general, exports faced a abrupt downturn. The growth pace was the most rapid in 2014 with an increase of 472% against the previous year. As a result, the exports reached the peak of X litres. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, grape must exports reduced notably to $X in 2021. Over the period under review, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2014 with an increase of 377% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Brazil (X litres), Bahamas (X litres) and Belgium (X litres) were the main destinations of grape must exports from the United States, together accounting for 71% of total exports. Singapore, Taiwan (Chinese), Hong Kong SAR and Costa Rica lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hong Kong SAR (with a CAGR of +16.7%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) emerged as the key foreign market for grape must exports from the United States, comprising 39% of total exports. The second position in the ranking was held by Bahamas ($X), with a 19% share of total exports. It was followed by Belgium, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Brazil totaled -6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahamas (+36.3% per year) and Belgium (0.0% per year).

Export Prices by Country

The average grape must export price stood at $X per litre in 2021, rising by 2.4% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, grape must export price decreased by -22.2% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 70% against the previous year. The export price peaked at $X per litre in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Taiwan (Chinese) ($X per litre) and Brazil ($X per litre), while the average price for exports to Bahamas ($X per litre) and Singapore ($X per litre) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahamas (+42.5%), while the prices for the other major destinations experienced more modest paces of growth.

Grape Must Imports

Imports into the U.S.

In 2021, purchases abroad of grape must decreased by 0% to X litres, falling for the third consecutive year after two years of growth. Overall, imports recorded a significant curtailment. The growth pace was the most rapid in 2015 with an increase of 664%. Imports peaked at X litres in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, grape must imports amounted to $X in 2021. Over the period under review, imports recorded a precipitous decline. The pace of growth was the most pronounced in 2015 with an increase of 522%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X litres) was the main supplier of grape must to the United States, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Italy amounted to +52.6%.

In value terms, Italy ($X) constituted the largest supplier of grape must to the United States.

From 2012 to 2021, the average annual growth rate of value from Italy amounted to +55.5%.

Import Prices by Country

The average grape must import price stood at $X per litre in 2021, standing approx. at the previous year. In general, the import price continues to indicate a slight slump. The pace of growth appeared the most rapid in 2018 when the average import price increased by 23% against the previous year. The import price peaked at $X per litre in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2021, the rate of growth in terms of prices for Italy amounted to +1.9% per year.

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, accounting for 25% of total volume. Moreover, grape must consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 8.5% share.

What are the largest producers of grape must in the world?

China remains the largest grape must producing country worldwide, comprising approx. 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 the U.S.?

In value terms, Italy constituted the largest supplier of grape must to the United States.

What are the leading importers of grape must from the U.S.?

In value terms, Brazil emerged as the key foreign market for grape must exports from the United States, comprising 41% of total exports. The second position in the ranking was occupied by Bahamas, with a 20% share of total exports. It was followed by Belgium, with an 11% share.

What is the average export price for grape must in the U.S.?

The average grape must export price stood at $6.2 per litre in 2021, picking up by 25% against the previous year.

What is the average import price for grape must in the U.S.?

The average grape must import price stood at $3.3 per litre in 2021, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the grape must market in the U.S.. 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:

United States

Data coverage:

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