United Arab Emirates: Market for Grape Juice (Single Strength) 2024

Market Size for Grape Juice (Single Strength) in the United Arab Emirates

In 2021, the grape juice (single strength) market in the United Arab Emirates decreased by -1.1% to $X, falling for the fourth year in a row after two years of growth. Over the period under review, consumption saw a slight descent. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Exports of Grape Juice (Single Strength)

Exports from the United Arab Emirates

In 2021, exports of grape juice (single strength) from the United Arab Emirates dropped rapidly to X tons, shrinking by -50.6% on the previous year. Over the period under review, exports saw a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 584% against the previous year. As a result, the exports reached the peak of X tons, and then fell notably in the following year.

In value terms, grape juice (single strength) exports contracted significantly to $X in 2021. Overall, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 483%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Seychelles (X tons) was the main destination for grape juice (single strength) exports from the United Arab Emirates, with a 69% share of total exports. Moreover, grape juice (single strength) exports to Seychelles exceeded the volume sent to the second major destination, Oman (X tons), sixfold. Angola (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Seychelles amounted to +2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+7.1% per year) and Angola (0.0% per year).

In value terms, Seychelles ($X), Oman ($X) and Rwanda ($X) appeared to be the largest markets for grape juice (single strength) exported from the United Arab Emirates worldwide, with a combined 88% share of total exports.

Rwanda, with a CAGR of +124.4%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average grape juice (single strength) export price amounted to $X per ton, falling by -38.9% against the previous year. Over the period under review, the export price saw a perceptible contraction. The pace of growth was the most pronounced in 2017 an increase of 123% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to Seychelles ($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 Bangladesh (+67.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grape Juice (Single Strength)

Imports into the United Arab Emirates

In 2021, approx. X tons of grape juice (single strength) were imported into the United Arab Emirates; falling by -19.2% against 2020. Over the period under review, imports recorded a pronounced decline. The pace of growth appeared the most rapid in 2014 when imports increased by 57%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, grape juice (single strength) imports dropped modestly to $X in 2021. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 72% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Cyprus (X tons), Vietnam (X tons) and South Africa (X tons) were the main suppliers of grape juice (single strength) imports to the United Arab Emirates, with a combined 39% 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 Vietnam (with a CAGR of +53.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), South Africa ($X) and Vietnam ($X) were the largest grape juice (single strength) suppliers to the United Arab Emirates, with a combined 36% share of total imports.

Vietnam, with a CAGR of +56.0%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average grape juice (single strength) import price stood at $X per ton in 2021, growing by 22% against the previous year. Over the last nine years, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 57%. Over the period under review, average import prices reached the maximum in 2021 and is likely to continue growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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