Spain: Market for Grape Juice (Single Strength) 2024

Market Size for Grape Juice (Single Strength) in Spain

The Spanish grape juice (single strength) market soared to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, saw a noticeable contraction. Grape juice (single strength) consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Grape Juice (Single Strength) in Spain

In value terms, grape juice (single strength) production shrank modestly to $X in 2022 estimated in export price. Overall, production recorded a perceptible reduction. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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Exports of Grape Juice (Single Strength)

Exports from Spain

Grape juice (single strength) exports from Spain contracted significantly to X tons in 2022, dropping by X% on the year before. In general, exports, however, continue to indicate a perceptible increase. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, grape juice (single strength) exports contracted sharply to $X in 2022. Overall, total exports indicated a slight 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons), Italy (X tons) and Israel (X tons) were the main destinations of grape juice (single strength) exports from Spain, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for grape juice (single strength) exported from Spain were France ($X), Italy ($X) and Israel ($X), with a combined X% share of total exports. The Netherlands, Germany, the UK, China, Ghana and Portugal lagged somewhat behind, together comprising a further X%.

Portugal, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average grape juice (single strength) export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (X%), while the prices for the other major destinations experienced a decline.

Imports of Grape Juice (Single Strength)

Imports into Spain

In 2022, after two years of decline, there was significant growth in purchases abroad of grape juice (single strength), when their volume increased by X% to X tons. In general, imports showed a measured expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, grape juice (single strength) imports surged to $X in 2022. Overall, imports posted a measured expansion. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of grape juice (single strength) to Spain, accounting for a X% share of total imports. Moreover, grape juice (single strength) imports from Italy exceeded the figures recorded by the second-largest supplier, Portugal (X tons), more than tenfold. The third position in this ranking was held by China (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (X% per year) and China (X% per year).

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

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

Import Prices by Country

The average grape juice (single strength) import price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price recorded a slight descent. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Romania ($X per ton) 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 prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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