Portugal - Grape Must - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGrape Must Price in Portugal - 2023
Contents:
- Grape Must Price in Portugal (CIF) - 2022
- Grape Must Price in Portugal (FOB) - 2022
- Grape Must Imports in Portugal
- Grape Must Exports in Portugal
Grape Must Price in Portugal (CIF) - 2022
In 2022, the average grape must import price amounted to $1.2 per litre, shrinking by -7.6% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grape must import price increased by +8.6% against 2018 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 44% against the previous year. The import price peaked at $1.3 per litre in 2021, and then fell in the following year.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +3.2% per year.
Grape Must Price in Portugal (FOB) - 2022
In 2022, the average grape must export price amounted to $2 per litre, growing by 75% against the previous year. Over the period under review, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 190%. As a result, the export price reached the peak level of $3.3 per litre. From 2015 to 2022, 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 Luxembourg ($3.1 per litre), while the average price for exports to Cabo Verde ($0.8 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 Italy (+360.3%), while the prices for the other major destinations experienced mixed trend patterns.
Grape Must Imports in Portugal
In 2022, overseas purchases of grape must decreased by -7.7% to 7.2M litres, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2020 with an increase of 28%. As a result, imports attained the peak of 15M litres. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, grape must imports declined to $8.7M in 2022. Over the period under review, imports recorded a deep contraction. The growth pace was the most rapid in 2020 when imports increased by 33%. As a result, imports reached the peak of $14M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Grape Must in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 5.2 | 7.0 | 5.0 | 8.6 | 18.3% |
| Others | 5.4 | 7.1 | 5.2 | 0.1 | -73.5% |
| Total | 10.7 | 14.2 | 10.2 | 8.7 | -6.7% |
Top Suppliers of Grape Must to Portugal in 2022:
- Spain (7.2M litres)
Grape Must Exports in Portugal
In 2022, approx. 51K litres of grape must were exported from Portugal; reducing by -84% compared with 2021 figures. In general, exports saw a sharp descent. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. Over the period under review, the exports attained the maximum at 383K litres in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, grape must exports contracted significantly to $101K in 2022. Over the period under review, exports saw a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year. The exports peaked at $409K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Grape Must in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 170 | 111 | 70.6 | 83.9 | -21.0% |
| Cabo Verde | 26.7 | 21.9 | 19.6 | 11.3 | -24.9% |
| Luxembourg | 1.0 | 1.5 | 0.8 | 3.0 | 44.2% |
| Germany | 0.8 | 0.6 | 36.8 | N/A | 578.2% |
| Rwanda | N/A | N/A | 44.1 | N/A | 0% |
| Brazil | N/A | 9.6 | N/A | N/A | 0% |
| Others | 210 | 155 | 190 | 3.1 | -75.5% |
| Total | 409 | 300 | 362 | 101 | -37.3% |
Top Export Markets for Grape Must from Portugal in 2022:
- Angola (35.9K litres)
- Cabo Verde (13.4K litres)
- Luxembourg (1.0K litres)
This report provides an in-depth analysis of the grape must market in Portugal. 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:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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