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

Market Size for Grape Juice (Single Strength) in Canada

The Canadian grape juice (single strength) market reduced markedly to $X in 2019, falling by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a deep contraction. The most prominent rate of growth was recorded in 2008 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. From 2009 to 2019, the growth of the market remained at a somewhat lower figure.

Exports of Grape Juice (Single Strength)

Exports from Canada

In 2019, overseas shipments of grape juice (single strength) decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. Overall, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, exports attained the peak of X tonnes. From 2018 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, grape juice (single strength) exports reduced to $X in 2019. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Exports peaked at $X in 2018, and then contracted in the following year.

Exports by Country

The U.S. (X tonnes) was the main destination for grape juice (single strength) exports from Canada, accounting for a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to the U.S. stood at -X%.

In value terms, the U.S. ($X) also remains the key foreign market for grape juice (single strength) exports from Canada.

From 2007 to 2019, the average annual growth rate of value to the U.S. was relatively modest.

Export Prices by Country

The average grape juice (single strength) export price stood at $X per tonne in 2019, picking up by X% against the previous year. Over the period under review, export price indicated a prominent expansion 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) export price increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The export price peaked in 2019 and is expected to retain growth in the near future.

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

From 2007 to 2019, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Imports of Grape Juice (Single Strength)

Imports into Canada

In 2019, overseas purchases of grape juice (single strength) decreased by -X% to X tonnes, falling for the third consecutive year after two years of growth. In general, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at X tonnes in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, grape juice (single strength) imports fell markedly to $X in 2019. Overall, imports saw a pronounced setback. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2008; however, from 2009 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, the U.S. (X tonnes) constituted the largest grape juice (single strength) supplier to Canada, with a X% share of total imports. Moreover, grape juice (single strength) imports from the U.S. exceeded the figures recorded by the second-largest supplier, Italy (X tonnes), sevenfold. The third position in this ranking was occupied by Australia (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from the U.S. totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Australia (-X% per year).

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

From 2007 to 2019, the average annual rate of growth in terms of value from the U.S. stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Australia (+X% per year).

Import Prices by Country

The average grape juice (single strength) import price stood at $X per tonne in 2019, waning by -X% against the previous year. In general, import price indicated resilient growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, grape juice (single strength) import price increased by +X% against 2016 indices. The growth pace was the most rapid in 2017 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2018, and then dropped slightly in the following year.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

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 U.S. (223K tonnes) remains the largest grape juice (single strength) consuming country worldwide, 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. Germany (83K tonnes) ranked third in terms of total consumption 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), with a combined 65% share of global production. Argentina, Brazil, Chile and Iran lagged somewhat behind, together comprising a further 28%.

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

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In value terms, the U.S. ($3M) constituted the largest supplier of grape juice (single strength) to Canada, comprising 61% of total imports. The second position in the ranking was occupied by Italy ($867K), with a 17% share of total imports. It was followed by Australia, with a 10% share.

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

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In value terms, the U.S. ($5.2M) remains the key foreign market for grape juice (single strength) exports from Canada.

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

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The average grape juice (single strength) export price stood at $1,714 per tonne in 2019, growing by 13% against the previous year.

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

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In 2019, the average grape juice (single strength) import price amounted to $1,478 per tonne, reducing by -3.8% against the previous year.