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

Market Size for Grape Juice (Single Strength) in Brazil

The Brazilian grape juice (single strength) market shrank modestly to $X in 2020, remaining stable against the previous year. Overall, consumption showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X. from 2012 to 2020, the growth of the market remained at a somewhat lower figure.

Production of Grape Juice (Single Strength) in Brazil

In value terms, grape juice (single strength) production amounted to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a mild expansion. The growth pace was the most rapid in 2011 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X. from 2012 to 2020, production growth failed to regain the momentum.

Exports of Grape Juice (Single Strength)

Exports from Brazil

For the fourth year in a row, Brazil recorded growth in overseas shipments of grape juice (single strength), which increased by X% to X tonnes in 2020. Overall, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, exports attained the maximum in 2020 and are expected to retain growth in the immediate term.

In value terms, grape juice (single strength) exports soared to $X in 2020. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Exports peaked in 2020 and are expected to retain growth in the near future.

Exports by Country

China (X tonnes) was the main destination for grape juice (single strength) exports from Brazil, with a X% share of total exports. Moreover, grape juice (single strength) exports to China exceeded the volume sent to the second major destination, Paraguay (X tonnes), twofold. The third position in this ranking was occupied by Portugal (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to China stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+X% per year) and Portugal (+X% per year).

In value terms, China ($X) emerged as the key foreign market for grape juice (single strength) exports from Brazil, comprising X% of total exports. The second position in the ranking was occupied by Paraguay ($X), with a X% share of total exports. It was followed by the U.S., with a X% share.

From 2007 to 2020, the average annual growth rate of value to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+X% per year) and the U.S. (+X% per year).

Export Prices by Country

The average grape juice (single strength) export price stood at $X per tonne in 2020, which is down by -X% against the previous year. In general, the export price, however, posted a modest expansion. The pace of growth appeared the most rapid in 2011 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Taiwan (Chinese) ($X per tonne), while the average price for exports to Portugal ($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 Angola, while the prices for the other major destinations experienced a decline.

Imports of Grape Juice (Single Strength)

Imports into Brazil

In 2020, supplies from abroad of grape juice (single strength) decreased by -X% to X tonnes for the first time since 2017, thus ending a two-year rising trend. Over the period under review, imports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at X tonnes in 2019, and then declined rapidly in the following year.

In value terms, grape juice (single strength) imports shrank significantly to $X in 2020. In general, imports recorded a slight slump. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, the U.S. (X tonnes) was the main grape juice (single strength) supplier to Brazil, with a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from the U.S. totaled +X%.

In value terms, the U.S. ($X) constituted the largest supplier of grape juice (single strength) to Brazil.

From 2007 to 2020, the average annual rate of growth in terms of value from the U.S. stood at +X%.

Import Prices by Country

In 2020, the average grape juice (single strength) import price amounted to $X per tonne, shrinking by -X% against the previous year. Overall, import price indicated a pronounced 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) import price decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2009 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2016; however, from 2017 to 2020, import prices failed to regain the momentum.

As there is only one major supplying country, the average price level is determined by prices for the U.S..

From 2007 to 2020, the rate of growth in terms of prices for the U.S. amounted to -X% per year.

Source: IndexBox Platform