EU: Grape Must Market 2024

Grape Must Market Size in the EU

The EU grape must market totaled $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Grape Must Production in the EU

In value terms, grape must production expanded to $X in 2022 estimated in export price. In general, production, however, recorded a mild decrease. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Grape Must Exports

Exports in the EU

After five years of growth, shipments abroad of grape must decreased by X% to X litres in 2022. Over the period under review, exports showed a noticeable descent. The growth pace was the most rapid in 2014 when exports increased by X%. As a result, the exports reached the peak of X litres. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, grape must exports shrank remarkably to $X in 2022. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by X%. The level of export peaked at $X in 2021, and then fell significantly in the following year.

Exports by Country

Spain was the largest exporting country with an export of about X litres, which reached X% of total exports. Italy (X litres) ranks second in terms of the total exports with a X% share, followed by Hungary (X%). France (X litres) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest grape must supplying countries in the European Union were Spain ($X), Italy ($X) and France ($X), with a combined X% share of total exports. These countries were followed by Hungary, which accounted for a further X%.

Among the main exporting countries, Hungary, with a CAGR of X%, 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

In 2022, the export price in the European Union amounted to $X per litre, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per litre in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per litre), while Hungary ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced mixed trends in the export price figures.

Grape Must Imports

Imports in the EU

In 2022, imports of grape must in the European Union plummeted to X litres, falling by X% on the previous year's figure. Total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X litres, and then contracted markedly in the following year.

In value terms, grape must imports declined notably to $X in 2022. Total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The level of import peaked at $X in 2021, and then reduced notably in the following year.

Imports by Country

France (X litres) and Italy (X litres) represented roughly X% of total imports in 2022. Portugal (X litres) ranks next in terms of the total imports with a X% share, followed by Germany (X%) and Slovakia (X%). The following importers - the Czech Republic (X litres) and Spain (X litres) - each recorded a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Czech Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constitutes the largest market for imported grape must in the European Union, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Portugal, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in France amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Italy (X% per year) and Portugal (X% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per litre, surging by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the import price increased by X% against the previous year. The level of import peaked at $X per litre in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per litre), while Slovakia ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform