
China - Grape Juice - Market Analysis, Forecast, Size, Trends and Insights
China: Market for Grape Juice (Single Strength) 2022
Market Size for Grape Juice (Single Strength) in China
The Chinese grape juice (single strength) market soared to $X in 2021, rising by 44% against the previous year. In general, consumption showed a remarkable increase. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in years to come.
Production of Grape Juice (Single Strength) in China
In value terms, grape juice (single strength) production contracted to $X in 2021 estimated in export price. In general, production continues to indicate a moderate increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by 62%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.
Exports of Grape Juice (Single Strength)
Exports from China
In 2021, grape juice (single strength) exports from China skyrocketed to X tons, with an increase of 256% compared with the year before. Overall, exports, however, showed a perceptible descent. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
In value terms, grape juice (single strength) exports surged to $X in 2021. In general, exports, however, recorded a slight slump. The most prominent rate of growth was recorded in 2018 when exports increased by 405% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
Exports by Country
Spain (X tons) was the main destination for grape juice (single strength) exports from China, with a 61% share of total exports. Moreover, grape juice (single strength) exports to Spain exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), twofold. Japan (X tons) ranked third in terms of total exports with a 4.7% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Spain was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (-13.2% per year) and Japan (-28.6% per year).
In value terms, the largest markets for grape juice (single strength) exported from China were Hong Kong SAR ($X), Spain ($X) and Japan ($X), with a combined 87% share of total exports. Singapore, the United States and Thailand lagged somewhat behind, together accounting for a further 13%.
Among the main countries of destination, Singapore, with a CAGR of +45.4%, recorded 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
In 2021, the average grape juice (single strength) export price amounted to $X per ton, declining by -33.5% against the previous year. In general, the export price, however, enjoyed a slight increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 62%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.
Prices varied noticeably country of destination: the country with the highest price was Singapore ($X per ton), while the average price for exports to Spain ($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 Australia (+98.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Grape Juice (Single Strength)
Imports into China
In 2021, grape juice (single strength) imports into China soared to X tons, growing by 44% compared with the previous year. Overall, imports posted a significant increase. The growth pace was the most rapid in 2013 with an increase of 74%. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.
In value terms, grape juice (single strength) imports surged to $X in 2021. In general, imports posted a resilient increase. The most prominent rate of growth was recorded in 2013 when imports increased by 61% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in the near future.
Imports by Country
In 2021, Spain (X tons) constituted the largest grape juice (single strength) supplier to China, accounting for a 49% share of total imports. Moreover, grape juice (single strength) imports from Spain exceeded the figures recorded by the second-largest supplier, Cyprus (X tons), threefold. Greece (X tons) ranked third in terms of total imports with a 9.2% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Spain amounted to +50.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Cyprus (+25.1% per year) and Greece (+45.1% per year).
In value terms, Spain ($X) constituted the largest supplier of grape juice (single strength) to China, comprising 43% of total imports. The second position in the ranking was taken by Australia ($X), with an 11% share of total imports. It was followed by Cyprus, with a 10% share.
From 2012 to 2021, the average annual growth rate of value from Spain amounted to +42.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-7.8% per year) and Cyprus (+25.1% per year).
Import Prices by Country
In 2021, the average grape juice (single strength) import price amounted to $X per ton, rising by 6.2% against the previous year. In general, the import price, however, showed a deep contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 9.4%. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Australia ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for grape juice (single strength) in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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