Price for Grapes; Fresh or Dried in the United States - 2023
Contents:
- Price for Grapes; Fresh or Dried in the United States (CIF) - 2023
- Price for Grapes; Fresh or Dried in the United States (FOB) - 2023
- Imports of Grapes; Fresh or Dried in the United States
- Exports of Grapes; Fresh or Dried in the United States
Price for Grapes; Fresh or Dried in the United States (CIF) - 2023
In October 2023, the average grapes; fresh or dried import price amounted to $2,073 per ton, picking up by 1.9% against the previous month. Over the period under review, the import price, however, saw a mild shrinkage. The growth pace was the most rapid in March 2023 when the average import price increased by 32% against the previous month. The import price peaked at $2,585 per ton in December 2022; however, from January 2023 to October 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the highest price was recorded for prices from South Africa ($2,155 per ton) and Chile ($2,057 per ton), while the price for Mexico ($1,441 per ton) and Argentina ($1,629 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Peru (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Grapes; Fresh or Dried in the United States (FOB) - 2023
In October 2023, the average grapes; fresh or dried export price amounted to $3,508 per ton, growing by 10% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.6%. The growth pace was the most rapid in January 2023 when the average export price increased by 26% month-to-month. Over the period under review, the average export prices hit record highs at $3,984 per ton in May 2023; however, from June 2023 to October 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Vietnam ($4,803 per ton), while the average price for exports to the Philippines ($3,039 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Grapes; Fresh or Dried in the United States
In 2022, the amount of grapes; fresh or drieds imported into the United States surged to 673K tons, with an increase of 21% on 2021. In general, imports, however, showed a abrupt slump.
In value terms, grapes; fresh or dried imports skyrocketed to $2.3B in 2022. The total import value increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Grapes; Fresh or Dried in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 762 | 640 | 646 | 767 | 0.2% |
| Peru | 423 | 533 | 544 | 748 | 20.9% |
| Mexico | 603 | 518 | 572 | 661 | 3.1% |
| South Africa | 12.3 | 17.6 | 24.1 | 35.6 | 42.5% |
| Brazil | 23.5 | 32.9 | 50.8 | 35.0 | 14.2% |
| Others | 22.9 | 14.5 | 14.4 | 17.2 | -9.1% |
| Total | 1,847 | 1,756 | 1,851 | 2,263 | 7.0% |
Top Suppliers of Grapes; Fresh or Dried to the United States in 2022:
- Peru (272.6K tons)
- Chile (260.2K tons)
- Mexico (105.3K tons)
- South Africa (16.1K tons)
- Brazil (11.4K tons)
Exports of Grapes; Fresh or Dried in the United States
For the third consecutive year, the United States recorded decline in overseas shipments of grapes; fresh or drieds, which decreased by -6.5% to 360K tons in 2022. In general, exports continue to indicate a deep contraction. The smallest decline of -4.6% was in 2020.
In value terms, grapes; fresh or dried exports declined modestly to $989M in 2022. Over the period under review, exports showed a perceptible decrease.
| Export of Grapes; Fresh or Dried in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 340 | 333 | 361 | 357 | 1.6% |
| Mexico | 124 | 126 | 134 | 161 | 9.1% |
| Japan | 111 | 107 | 104 | 89.5 | -6.9% |
| Taiwan (Chinese) | 57.1 | 54.1 | 49.9 | 47.9 | -5.7% |
| Vietnam | 51.3 | 44.7 | 34.1 | 41.3 | -7.0% |
| Australia | 52.0 | 41.5 | 38.6 | 35.3 | -12.1% |
| South Korea | 49.7 | 63.6 | 48.1 | 31.8 | -13.8% |
| Philippines | 43.1 | 26.8 | 21.7 | 19.2 | -23.6% |
| Indonesia | 24.0 | 15.2 | 15.8 | 18.6 | -8.1% |
| Hong Kong SAR | 31.3 | 27.7 | 16.6 | 18.5 | -16.1% |
| New Zealand | 23.4 | 20.6 | 16.1 | 18.1 | -8.2% |
| Malaysia | 24.4 | 21.3 | 20.8 | 14.4 | -16.1% |
| Others | 182 | 168 | 141 | 136 | -9.3% |
| Total | 1,114 | 1,049 | 1,001 | 989 | -3.9% |
Top Export Markets for Grapes; Fresh or Dried from the United States in 2022:
- Canada (132.7K tons)
- Mexico (76.3K tons)
- Japan (30.9K tons)
- Taiwan (Chinese) (15.5K tons)
- Vietnam (11.5K tons)
- South Korea (11.3K tons)
- Australia (9.8K tons)
- Philippines (7.2K tons)
- Indonesia (6.3K tons)
- Hong Kong SAR (6.0K tons)
- New Zealand (5.7K tons)
- Malaysia (4.1K tons)
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The May 2023 exports of Dried Grapes experienced a significant decline, decreasing to $13M in value.
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In June 2022, the grape price per ton stood at $2,375 per ton in June 2022, reducing by -19.1% against the previous month.
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Last year, global dried grapes exports declined by -8.9% y-o-y to 766K tons or $1.6B in value terms. South Africa intensively increased its supplies to other counties by +37%, while Turkey, the largest exporter of dried grapes, saw a drop of -3.2% y-o-y in the volume of exports. Germany, the UK and Canada remain the largest importers of dried grapes from South Africa.
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The UK (99K tons), Germany (77K tons) and the Netherlands (55K tons) represented roughly 31% of total imports of dried grapes.
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Discover the top import markets for grapes, including the United States, Netherlands, Germany, and more. Learn about the key statistics and trends in the global grape market.
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Increased grape production in China buoyed the global market against a fall in the grape crop in India, the EU and Russia, which enables the global production in 2020 to remain consistent with 2019 data. The export potential of Chinese and Australian grapes has improved due to the progress achieved in cultivation methods and the use of particularly fertile varieties of grape.
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China recorded the highest growth rate of grape market, in terms of the main consuming countries over the last decade....
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Global grape consumption amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
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Global grape exports amounted to X thousand tons in 2015, rising by +X% against the previous year level.
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Global grape imports amounted to X thousand tons in 2015, surging by +X% against the previous year level.
