Australia and Oceania: Grape Must Market 2024

Grape Must Market Size in Australia and Oceania

The grape must market in Australia and Oceania expanded slightly to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, saw a perceptible setback. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Grape Must Production in Australia and Oceania

In value terms, grape must production expanded to $X in 2022 estimated in export price. Overall, production, however, saw a perceptible reduction. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

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Grape Must Exports

Exports in Australia and Oceania

In 2022, the amount of grape must exported in Australia and Oceania soared to X litres, picking up by X% against 2021 figures. Overall, exports, however, saw a deep setback. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X litres in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, grape must exports expanded significantly to $X in 2022. Over the period under review, exports, however, recorded a deep reduction. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Australia prevails in exports structure, amounting to X litres, which was approx. X% of total exports in 2022. New Zealand (X litres) held a little share of total exports.

Australia was also the fastest-growing in terms of the grape must exports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. Australia (X p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Australia ($X) remains the largest grape must supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Australia stood at X%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per litre, shrinking by X% against the previous year. In general, the export price, however, recorded a strong expansion. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of export peaked at $X per litre in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per litre), while New Zealand amounted to $X per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Grape Must Imports

Imports in Australia and Oceania

In 2022, after two years of growth, there was significant decline in purchases abroad of grape must, when their volume decreased by X% to X litres. Over the period under review, imports, however, showed measured growth. The pace of growth was the most pronounced in 2015 with an increase of X%. The volume of import peaked at X litres in 2021, and then dropped notably in the following year.

In value terms, grape must imports declined notably to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then shrank dramatically in the following year.

Imports by Country

Australia prevails in imports structure, reaching X litres, which was near X% of total imports in 2022. It was distantly followed by Papua New Guinea (X litres), making up a X% share of total imports. Guam (X litres) and Solomon Islands (X litres) took a little share of total imports.

Imports into Australia increased at an average annual rate of X% from 2012 to 2022. At the same time, Solomon Islands (X%) displayed positive paces of growth. Moreover, Solomon Islands emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. By contrast, Papua New Guinea (X%) and Guam (X%) illustrated a downward trend over the same period. Australia (X p.p.) and Solomon Islands (X p.p.) significantly strengthened its position in terms of the total imports, while Papua New Guinea and Guam saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Australia ($X) constitutes the largest market for imported grape must in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by Solomon Islands ($X), with a X% share of total imports. It was followed by Papua New Guinea, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Solomon Islands (X% per year) and Papua New Guinea (X% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per litre, waning by X% against the previous year. In general, the import price showed a perceptible shrinkage. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per litre in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Solomon Islands ($X per litre), while Guam ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Guam (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform