Price for Grapes; Fresh or Dried in Uruguay - 2022

Contents:

  1. Price for Grapes; Fresh or Dried in Uruguay (CIF) - 2022
  2. Price for Grapes; Fresh or Dried in Uruguay (FOB) - 2022
  3. Imports of Grapes; Fresh or Dried in Uruguay
  4. Exports of Grapes; Fresh or Dried in Uruguay

Price for Grapes; Fresh or Dried in Uruguay (CIF) - 2022

The average grapes; fresh or dried import price stood at $1,862 per ton in 2022, increasing by 6.9% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 13% against the previous year. As a result, import price reached the peak level of $2,306 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Brazil ($1,976 per ton) and Chile ($1,898 per ton), while the price for Argentina ($1,610 per ton) and Italy ($1,747 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+0.5%), while the prices for the other major suppliers experienced a decline.

Price for Grapes; Fresh or Dried in Uruguay (FOB) - 2022

The average grapes; fresh or dried export price stood at $4,888 per ton in 2022, surging by 113% against the previous year. In general, the export price showed a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +57.8% per year.

Imports of Grapes; Fresh or Dried in Uruguay

For the third consecutive year, Uruguay recorded decline in overseas purchases of grapes; fresh or drieds, which decreased by -9.5% to 1.1K tons in 2022. In general, imports showed a deep slump. The smallest decline of -3.8% was in 2021.

In value terms, grapes; fresh or dried imports contracted to $2M in 2022. Overall, imports faced a deep reduction.

Import of Grapes; Fresh or Dried in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile9041,1158131,25811.6%
Brazil10464.418038554.7%
Argentina1,661909872262-46.0%
Italy93.298.411187.3-2.2%
South Africa63.716243.4N/A-17.5%
Others38.6N/A40.40.7-73.7%
Total2,8652,3492,0591,992-11.4%

Top Suppliers of Grapes; Fresh or Dried to Uruguay in 2022:

  1. Chile (662.6 tons)
  2. Brazil (194.6 tons)
  3. Argentina (162.8 tons)
  4. Italy (50.0 tons)

Exports of Grapes; Fresh or Dried in Uruguay

In 2022, the amount of grapes; fresh or drieds exported from Uruguay fell remarkably to 2.4 tons, which is down by -89.9% compared with the previous year's figure. In general, exports saw a dramatic contraction. The smallest decline of -45.8% was in 2020.

In value terms, grapes; fresh or dried exports plummeted to $12K in 2022. Over the period under review, exports faced a sharp decline. The smallest decline of -50.8% was in 2020.

Export of Grapes; Fresh or Dried in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom12.910.513.611.8-2.9%
Argentina18511441.1N/A-52.9%
Brazil55.5N/AN/AN/A0%
Others0.20.2N/AN/A0.0%
Total25412554.711.8-64.1%

Top Export Markets for Grapes; Fresh or Dried from Uruguay in 2022:

  1. United Kingdom (2.4 tons)

Source: IndexBox Market Intelligence Platform

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