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

Market Size for Grape Juice (Single Strength) in Australia

In 2020, the Australian grape juice (single strength) market decreased by -X% to $X for the first time since 2016, thus ending a three-year rising trend. Over the period under review, consumption continues to indicate a perceptible descent. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Grape juice (single strength) consumption peaked at $X in 2009; however, from 2010 to 2020, consumption failed to regain the momentum.

Production of Grape Juice (Single Strength) in Australia

In value terms, grape juice (single strength) production rose to $X in 2020 estimated in export prices. In general, production, however, recorded a pronounced descent. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Grape juice (single strength) production peaked at $X in 2008; however, from 2009 to 2020, production failed to regain the momentum.

Exports of Grape Juice (Single Strength)

Exports from Australia

In 2020, grape juice (single strength) exports from Australia fell slightly to X tonnes, declining by -X% compared with 2019. In general, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. As a result, exports attained the peak of X tonnes. from 2017 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, grape juice (single strength) exports fell modestly to $X in 2020. Over the period under review, exports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Exports peaked at $X in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Japan (X tonnes), China (X tonnes) and the Netherlands (X tonnes) were the main destinations of grape juice (single strength) exports from Australia, together comprising X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (+X% per year), 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 China ($X), Japan ($X) and the Netherlands ($X), with a combined X% share of total exports.

Among the main countries of destination, the Netherlands (+X% per year) saw the highest growth rate of 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 2020, rising by X% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, grape juice (single strength) export price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2011 an increase of X% year-to-year. Over the period under review, average export prices reached the maximum in 2020 and is likely to continue growth in the near future.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grape Juice (Single Strength)

Imports into Australia

In 2020, grape juice (single strength) imports into Australia reduced rapidly to X tonnes, shrinking by -X% compared with 2019. Over the period under review, imports showed a deep setback. The growth pace was the most rapid in 2014 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, grape juice (single strength) imports dropped rapidly to $X in 2020. Overall, imports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. As a result, imports attained the peak of $X. from 2015 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, South Africa (X tonnes) was the main supplier of grape juice (single strength) to Australia, with a X% share of total imports. It was followed by the U.S. (X tonnes), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from South Africa stood at -X%.

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 2020, the average annual rate of growth in terms of value from South Africa stood at -X%.

Import Prices by Country

The average grape juice (single strength) import price stood at $X per tonne in 2020, almost unchanged from the previous year. Overall, the import price, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2018 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne. from 2019 to 2020, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per tonne), while the price for South Africa stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox Platform