Sri Lanka - Grape Juice - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Sri Lanka - Grape Juice - Market Analysis, Forecast, Size, Trends and Insights

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Price for Grape Juice (Single Strength) in Sri Lanka - 2021

Contents:

  1. Price for Grape Juice (Single Strength) in Sri Lanka (CIF) - 2022
  2. Price for Grape Juice (Single Strength) in Sri Lanka (FOB) - 2022
  3. Imports of Grape Juice (Single Strength) in Sri Lanka
  4. Exports of Grape Juice (Single Strength) in Sri Lanka

Price for Grape Juice (Single Strength) in Sri Lanka (CIF) - 2022

In 2022, the average grape juice (single strength) import price amounted to $707 per ton, increasing by 12% against the previous year. Over the period under review, the import price, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2018 an increase of 17%. As a result, import price reached the peak level of $990 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +14.8% per year.

Price for Grape Juice (Single Strength) in Sri Lanka (FOB) - 2022

The average grape juice (single strength) export price stood at $2,440 per ton in 2022, falling by -7.7% against the previous year. Over the period under review, the export price, however, enjoyed a slight increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 220%. The export price peaked at $2,642 per ton in 2021, and then reduced in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mauritius ($2,707 per ton), while the average price for exports to Canada ($2,409 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritius (+42.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Grape Juice (Single Strength) in Sri Lanka

In 2022, approx. 34 tons of grape juice (single strength) were imported into Sri Lanka; dropping by -56.5% against 2021. Overall, imports faced a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 117% against the previous year. As a result, imports reached the peak of 79 tons, and then declined dramatically in the following year.

In value terms, grape juice (single strength) imports contracted dramatically to $24K in 2022. Over the period under review, imports faced a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 72% against the previous year.

Import of Grape Juice (Single Strength) in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus26.111.612.924.1-2.6%
Spain3.94.910.7N/A65.6%
Germany5.3N/AN/AN/A0%
Italy21.511.812.7N/A-23.1%
Others2.70.713.50.1-66.7%
Total59.528.949.924.2-25.9%

Top Suppliers of Grape Juice (Single Strength) to Sri Lanka in 2022:

  1. Cyprus (34.1 tons)

Exports of Grape Juice (Single Strength) in Sri Lanka

In 2022, grape juice (single strength) exports from Sri Lanka fell to 789 kg, waning by -12.6% against 2021 figures. The total export volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 51%. As a result, the exports reached the peak of 903 kg, and then contracted in the following year.

In value terms, grape juice (single strength) exports reduced rapidly to $1.9K in 2022. Overall, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 63%. As a result, the exports attained the peak of $2.4K, and then declined markedly in the following year.

Export of Grape Juice (Single Strength) in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/AN/A2,0021,695-15.3%
Maldives1,1441,462354204-43.7%
New ZealandN/AN/A30.0N/A0%
OthersN/AN/AN/A25.00%
Total1,1441,4622,3861,92418.9%

Top Export Markets for Grape Juice (Single Strength) from Sri Lanka in 2022:

  1. Canada (704.0 kg)
  2. Maldives (76.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for grape juice (single strength) in Sri Lanka. 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:

  • FCL 562 - Juice of Grape

Country coverage:

  • Sri Lanka

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Sri Lanka
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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