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

Market Size for Grape Juice (Single Strength) in Italy

In 2019, the Italian grape juice (single strength) market increased by X% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption, however, continues to indicate a abrupt downturn. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the market attained the peak level at $X in 2008; however, from 2009 to 2019, consumption remained at a lower figure.

Production of Grape Juice (Single Strength) in Italy

In value terms, grape juice (single strength) production dropped significantly to $X in 2019 estimated in export prices. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2019, production remained at a lower figure.

Exports of Grape Juice (Single Strength)

Exports from Italy

In 2019, shipments abroad of grape juice (single strength) decreased by -X% to X tonnes, falling for the third year in a row after two years of growth. Over the period under review, total exports indicated a notable increase from 2007 to 2019: its volume 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, exports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Exports peaked at X tonnes in 2011; however, from 2012 to 2019, exports failed to regain the momentum.

In value terms, grape juice (single strength) exports reduced dramatically to $X in 2019. In general, total exports indicated perceptible growth from 2007 to 2019: its value 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. The pace of growth appeared the most rapid in 2011 when exports increased by X% against the previous year. Exports peaked at $X in 2012; however, from 2013 to 2019, exports remained at a lower figure.

Exports by Country

Germany (X tonnes) was the main destination for grape juice (single strength) exports from Italy, with a X% share of total exports. Moreover, grape juice (single strength) exports to Germany exceeded the volume sent to the second major destination, Austria (X tonnes), threefold. France (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+X% per year) and France (+X% per year).

In value terms, Germany ($X) remains the key foreign market for grape juice (single strength) exports from Italy, comprising X% of total exports. The second position in the ranking was occupied by Austria ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+X% per year) and France (+X% per year).

Export Prices by Country

In 2019, the average grape juice (single strength) export price amounted to $X per tonne, waning by -X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% year-to-year. Over the period under review, average export prices attained the maximum at $X per tonne in 2013; however, from 2014 to 2019, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Greece ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grape Juice (Single Strength)

Imports into Italy

In 2019, supplies from abroad of grape juice (single strength) increased by X% to X tonnes, rising for the second consecutive year after three years of decline. In general, imports, however, recorded a pronounced downturn. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. As a result, imports attained the peak of X tonnes. From 2015 to 2019, the growth imports remained at a lower figure.

In value terms, grape juice (single strength) imports skyrocketed to $X in 2019. Overall, imports, however, saw a noticeable shrinkage. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. As a result, imports attained the peak of $X. From 2015 to 2019, the growth imports failed to regain the momentum.

Imports by Country

In 2019, Spain (X tonnes) constituted the largest supplier of grape juice (single strength) to Italy, with a X% share of total imports. Moreover, grape juice (single strength) imports from Spain exceeded the figures recorded by the second-largest supplier, Hungary (X tonnes), sixfold.

From 2007 to 2019, the average annual growth rate of volume from Spain was relatively modest.

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

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

Import Prices by Country

The average grape juice (single strength) import price stood at $X per tonne in 2019, which is down by -X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2018, and then dropped dramatically in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was Spain ($X per tonne), while the price for Hungary amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Spain.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for grape juice (single strength) in the world?

+

The country with the largest volume of grape juice (single strength) consumption was the U.S. (223K tonnes), comprising approx. 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?

+

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 accounting for a further 28%.

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

+

In value terms, Spain ($19M) constituted the largest supplier of grape juice (single strength) to Italy, comprising 85% of total imports. The second position in the ranking was occupied by Hungary ($3M), with a 14% share of total imports.

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

+

In value terms, Germany ($32M) remains the key foreign market for grape juice (single strength) exports from Italy, comprising 51% of total exports. The second position in the ranking was occupied by Austria ($9.5M), with a 15% share of total exports. It was followed by France, with a 13% share.

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

+

The average grape juice (single strength) export price stood at $458 per tonne in 2019, reducing by -27.3% against the previous year.

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

+

In 2019, the average grape juice (single strength) import price amounted to $418 per tonne, which is down by -29.4% against the previous year.