United Kingdom: Market for Wine Of Fresh Grapes (Except Sparkling Wine) 2024

Market Size for Wine Of Fresh Grapes (Except Sparkling Wine) in the UK

The UK wine of fresh grapes market expanded markedly to $X in 2022, picking up by 5.2% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Wine of fresh grapes consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Wine Of Fresh Grapes (Except Sparkling Wine) in the UK

In value terms, wine of fresh grapes production totaled $X in 2022 estimated in export price. Overall, production, however, faced a sharp downturn. The most prominent rate of growth was recorded in 2014 with an increase of 55% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Wine Of Fresh Grapes (Except Sparkling Wine)

Exports from the UK

In 2022, after three years of decline, there was significant growth in overseas shipments of wine of fresh grapes (except sparkling wine), when their volume increased by 6.7% to X litres. In general, exports, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2013 with an increase of 26% against the previous year. Over the period under review, the exports hit record highs at X litres in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, wine of fresh grapes exports reached $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 13% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X litres), Ireland (X litres) and Hong Kong SAR (X litres) were the main destinations of wine of fresh grapes exports from the UK, together comprising 52% of total exports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +21.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X) remains the key foreign market for wine of fresh grapes (except sparkling wine) exports from the UK, comprising 31% of total exports. The second position in the ranking was held by the United States ($X), with a 14% share of total exports. It was followed by France, with a 9% share.

From 2012 to 2022, the average annual growth rate of value to Hong Kong SAR amounted to -3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+13.0% per year) and France (-0.4% per year).

Export Prices by Country

In 2022, the average wine of fresh grapes export price amounted to $X per litre, shrinking by -3.5% against the previous year. In general, the export price, however, recorded a noticeable expansion. The most prominent rate of growth was recorded in 2021 an increase of 82%. As a result, the export price reached the peak level of $X per litre, and then contracted in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per litre), while the average price for exports to Chile ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wine Of Fresh Grapes (Except Sparkling Wine)

Imports into the UK

Wine of fresh grapes imports into the UK soared to X litres in 2022, rising by 20% against the year before. Over the period under review, imports, however, recorded a mild reduction. The pace of growth was the most pronounced in 2020 when imports increased by 32%. Imports peaked at X litres in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, wine of fresh grapes imports reached $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 6%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Australia (X litres), Italy (X litres) and France (X litres) were the main suppliers of wine of fresh grapes imports to the UK, together accounting for 50% of total imports. Spain, Chile, South Africa, New Zealand, Argentina, Portugal, Germany and the United States lagged somewhat behind, together accounting for a further 48%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Argentina (with a CAGR of +13.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of wine of fresh grapes (except sparkling wine) to the UK, comprising 31% of total imports. The second position in the ranking was held by Italy ($X), with a 15% share of total imports. It was followed by Australia, with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France amounted to -1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.0% per year) and Australia (-2.5% per year).

Import Prices by Country

In 2022, the average wine of fresh grapes import price amounted to $X per litre, which is down by -16.9% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 52% against the previous year. As a result, import price attained the peak level of $X per litre, and then contracted sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per litre), while the price for Australia ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+27.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :