Australia: Overview of the Market for Grape Juice (Single Strength) 2021

Market Size for Grape Juice (Single Strength) in Australia

In 2019, the Australian grape juice (single strength) market decreased by -X% to $X, falling for the second year in a row after two years of growth. Overall, consumption saw a precipitous curtailment. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Grape juice (single strength) consumption peaked at $X in 2009; however, from 2010 to 2019, consumption stood at a somewhat lower figure.

Production of Grape Juice (Single Strength) in Australia

In value terms, grape juice (single strength) production surged to $X in 2019 estimated in export prices. In general, production, however, showed a pronounced reduction. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2008; however, from 2009 to 2019, production failed to regain the momentum.

Exports of Grape Juice (Single Strength)

Exports from Australia

Grape juice (single strength) exports from Australia soared to X tonnes in 2019, growing by X% on the previous year. Over the period under review, exports showed a strong increase. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at X tonnes in 2015; however, from 2016 to 2019, exports remained at a lower figure.

In value terms, grape juice (single strength) exports surged to $X in 2019. In general, exports recorded a resilient increase. The pace of growth was the most pronounced in 2013 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. From 2014 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Indonesia (X tonnes), China (X tonnes) and Canada (X tonnes) were the main destinations of grape juice (single strength) exports from Australia, with a combined X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for grape juice (single strength) exported from Australia were Indonesia ($X), China ($X) and New Zealand ($X), together accounting for X% of total exports. Canada, the U.S., Thailand and Japan lagged somewhat behind, together accounting for a further X the main countries of destination, the U.S. recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average grape juice (single strength) export price stood at $X per tonne in 2019, rising by X% against the previous year. Overall, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs in 2019 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was New Zealand ($X per tonne), while the average price for exports to Thailand ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grape Juice (Single Strength)

Imports into Australia

In 2019, approx. X tonnes of grape juice (single strength) were imported into Australia; with a decrease of -X% on the previous year. Over the period under review, imports saw a slight contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

In value terms, grape juice (single strength) imports dropped to $X in 2019. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, South Africa (X tonnes) constituted the largest supplier of grape juice (single strength) to Australia, with a X% share of total imports. Moreover, grape juice (single strength) imports from South Africa exceeded the figures recorded by the second-largest supplier, Viet Nam (X tonnes), ninefold.

From 2007 to 2019, the average annual rate of growth in terms of volume from South Africa amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Viet Nam (+X% per year) and the U.S. (-X% per year).

In value terms, South Africa ($X) constituted the largest supplier of grape juice (single strength) to Australia, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from South Africa was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Viet Nam (+X% per year).

Import Prices by Country

In 2019, the average grape juice (single strength) import price amounted to $X per tonne, with an increase of X% against the previous year. Overall, import price indicated a pronounced increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, grape juice (single strength) import price decreased by -X% against 2017 indices. The growth pace was the most rapid in 2013 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2017; however, from 2018 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for grape juice (single strength) in the world?

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The country with the largest volume of grape juice (single strength) consumption was the U.S. (223K tonnes), accounting for 27% of total volume. Moreover, grape juice (single strength) consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Argentina (105K tonnes), twofold. The third position in this ranking was occupied by Germany (83K tonnes), with a 10% share.

What are the largest producers of grape juice (single strength) in the world?

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The countries with the highest volumes of grape juice (single strength) production in 2019 were the U.S. (232K tonnes), Italy (162K tonnes) and Spain (151K tonnes), together comprising 65% of global production. These countries were followed by Argentina, Brazil, Chile and Iran, which together accounted for a further 28%.

What are the leading suppliers of grape juice (single strength) to Australia?

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In value terms, South Africa ($1.3M) constituted the largest supplier of grape juice (single strength) to Australia, comprising 78% of total imports. The second position in the ranking was occupied by the U.S. ($166K), with a 10% share of total imports.

What are the leading importers of grape juice (single strength) from Australia?

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In value terms, Indonesia ($1.7M), China ($1.6M) and New Zealand ($1M) constituted the largest markets for grape juice (single strength) exported from Australia worldwide, with a combined 75% share of total exports. Canada, the U.S., Thailand and Japan lagged somewhat behind, together accounting for a further 24%.

What is the average export price for grape juice (single strength) in Australia?

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The average grape juice (single strength) export price stood at $2,367 per tonne in 2019, rising by 16% against the previous year.

What is the average import price for grape juice (single strength) in Australia?

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The average grape juice (single strength) import price stood at $975 per tonne in 2019, picking up by 6.2% against the previous year.