Spain - Grape Must - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGrape Must Price in Spain - 2023
Contents:
- Grape Must Price in Spain (FOB) - 2023
- Grape Must Price in Spain (CIF) - 2022
- Grape Must Exports in Spain
- Grape Must Imports in Spain
Grape Must Price in Spain (FOB) - 2023
The average grape must export price stood at $1.5 per litre in June 2023, shrinking by -20% against the previous month. Over the period under review, export price indicated a notable expansion from June 2022 to June 2023: its price increased at an average monthly rate of +3.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, grape must export price increased by +54.6% against March 2023 indices. The pace of growth appeared the most rapid in January 2023 an increase of 108% against the previous month. The export price peaked at $1.9 per litre in May 2023, and then contracted dramatically in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($2.2 per litre), while the average price for exports to France ($1.4 per litre) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Grape Must Price in Spain (CIF) - 2022
In 2022, the average grape must import price amounted to $2 per litre, with a decrease of -3.9% against the previous year. Overall, the import price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of 234%. The import price peaked at $3.3 per litre in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2.7 per litre), while the price for Romania ($0.5 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+23.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Grape Must Exports in Spain
In 2022, after three years of growth, there was significant decline in shipments abroad of grape must, when their volume decreased by -52.3% to 31M litres. Over the period under review, exports saw a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 35% against the previous year. As a result, the exports attained the peak of 66M litres, and then shrank dramatically in the following year.
In value terms, grape must exports declined rapidly to $42M in 2022. In general, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, the exports reached the peak of $78M, and then shrank markedly in the following year.
| Export of Grape Must in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 18.3 | 19.4 | 23.9 | 12.5 | -11.9% |
| Italy | 15.9 | 20.9 | 26.5 | 11.7 | -9.7% |
| Germany | 3.8 | 6.1 | 5.4 | 4.8 | 8.1% |
| Portugal | 3.0 | 2.8 | 3.5 | 4.2 | 11.9% |
| Nigeria | 4.3 | 2.5 | 6.4 | 2.0 | -22.5% |
| Israel | 0.8 | 1.2 | 3.0 | 1.7 | 28.6% |
| Others | 8.4 | 8.8 | 8.8 | 5.0 | -15.9% |
| Total | 54.6 | 61.7 | 77.5 | 42.0 | -8.4% |
Top Export Markets for Grape Must from Spain in 2022:
- Italy (11.6M litres)
- France (7.7M litres)
- Germany (3.8M litres)
- Israel (2.7M litres)
- Portugal (2.6M litres)
- Nigeria (1.1M litres)
Grape Must Imports in Spain
After two years of decline, purchases abroad of grape must increased by 68% to 1.7M litres in 2022. In general, imports, however, saw a sharp reduction. Over the period under review, imports hit record highs at 6M litres in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, grape must imports skyrocketed to $3.4M in 2022. Overall, imports, however, continue to indicate a deep contraction. Imports peaked at $4.4M in 2020; however, from 2021 to 2022, imports failed to regain momentum.
| Import of Grape Must in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 734 | 67.6 | 1,025 | 2,513 | 50.7% |
| Germany | 488 | 570 | 706 | 845 | 20.1% |
| Romania | 463 | 349 | 15.8 | 5.3 | -77.5% |
| Belgium | 2,227 | 2,403 | 0.1 | N/A | -99.3% |
| Others | 124 | 977 | 382 | 80.8 | -13.3% |
| Total | 4,035 | 4,366 | 2,129 | 3,444 | -5.1% |
Top Suppliers of Grape Must to Spain in 2022:
- Italy (1389.4K litres)
- Germany (317.4K litres)
- Romania (9.9K litres)
This report provides an in-depth analysis of the grape must market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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
-
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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From October 2023 to November 2023, the growth of Grape Must exports remained at a somewhat lower figure. In value terms, Grape Must exports dropped markedly to $4.8M in November 2023.
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