Brazil: Market for Grape Juice (Single Strength) 2023

Market Size for Grape Juice (Single Strength) in Brazil

The Brazilian grape juice (single strength) market skyrocketed to $X in 2021, surging by 19% against the previous year. Over the period under review, consumption recorded a pronounced reduction. Grape juice (single strength) consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Grape Juice (Single Strength) in Brazil

In value terms, grape juice (single strength) production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, recorded a pronounced reduction. The growth pace was the most rapid in 2019 when the production volume increased by 87%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Grape Juice (Single Strength)

Exports from Brazil

Grape juice (single strength) exports from Brazil skyrocketed to X tons in 2021, increasing by 126% compared with 2020. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 243% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, grape juice (single strength) exports skyrocketed to $X in 2021. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2019 when exports increased by 547% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

Exports by Country

China (X tons) was the main destination for grape juice (single strength) exports from Brazil, accounting for a 41% share of total exports. Moreover, grape juice (single strength) exports to China exceeded the volume sent to the second major destination, Libya (X tons), twofold. The third position in this ranking was taken by Portugal (X tons), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to China totaled +60.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (+57.4% per year) and Portugal (+378.8% per year).

In value terms, China ($X) remains the key foreign market for grape juice (single strength) exports from Brazil, comprising 49% of total exports. The second position in the ranking was taken by Libya ($X), with a 20% share of total exports. It was followed by Paraguay, with a 7.4% share.

From 2012 to 2021, the average annual growth rate of value to China totaled +59.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (+48.0% per year) and Paraguay (+20.4% per year).

Export Prices by Country

The average grape juice (single strength) export price stood at $X per ton in 2021, growing by 2.8% against the previous year. Overall, the export price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2019 an increase of 89% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+6.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Grape Juice (Single Strength)

Imports into Brazil

In 2021, overseas purchases of grape juice (single strength) were finally on the rise to reach X tons after three years of decline. Over the period under review, imports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2016 when imports increased by 291%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, grape juice (single strength) imports soared to $X in 2021. Overall, imports, however, recorded a dramatic downturn. The pace of growth was the most pronounced in 2016 with an increase of 485% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) was the main supplier of grape juice (single strength) to Brazil, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to +28.5%.

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

From 2012 to 2021, the average annual growth rate of value from the United States totaled +18.1%.

Import Prices by Country

In 2021, the average grape juice (single strength) import price amounted to $X per ton, increasing by 8.3% against the previous year. In general, the import price, however, showed a noticeable decline. The growth pace was the most rapid in 2016 when the average import price increased by 50% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Peru amounted to +13.4% per year.

Source: IndexBox Platform

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