Spain: Grape Must Market 2024

Grape Must Market Size in Spain

The Spanish grape must market soared to $X in 2022, rising by X% against the previous year. In general, consumption, however, recorded a perceptible reduction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Grape Must Production in Spain

In value terms, grape must production amounted to $X in 2022 estimated in export price. Over the period under review, production showed a pronounced contraction. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Grape must production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Grape Must Exports

Exports from Spain

After five years of growth, shipments abroad of grape must decreased by X% to X litres in 2022. Over the period under review, exports recorded a noticeable setback. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports attained the peak of X litres. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, grape must exports declined dramatically to $X in 2022. In general, total exports indicated mild growth 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. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2021, and then reduced markedly in the following year.

Exports by Country

Italy (X litres), France (X litres) and Germany (X litres) were the main destinations of grape must exports from Spain, with a combined X% share of total exports. Israel, Portugal and Nigeria lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Israel (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for grape must exported from Spain were France ($X), Italy ($X) and Germany ($X), with a combined X% share of total exports. Portugal, Nigeria and Israel lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Portugal, with a CAGR of X%, recorded the highest rates of growth with regard to 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 average grape must export price amounted to $X per litre, growing by X% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price 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. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per litre in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($X per litre), while the average price for exports to Israel ($X per litre) 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 more modest paces of growth.

Grape Must Imports

Imports into Spain

After two years of decline, purchases abroad of grape must increased by X% to X litres in 2022. Over the period under review, imports posted a resilient increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at X litres in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, grape must imports soared to $X in 2022. In general, imports enjoyed resilient growth. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Italy (X litres) constituted the largest supplier of grape must to Spain, with a X% share of total imports. Moreover, grape must imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X litres), fivefold. The third position in this ranking was held by Portugal (X litres), with a X% share.

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

In value terms, Italy ($X) constituted the largest supplier of grape must to Spain, comprising X% of total imports. The second position in the ranking was held by Germany ($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 from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Portugal (X% per year).

Import Prices by Country

In 2022, the average grape must import price amounted to $X per litre, with a decrease of X% against the previous year. In general, the import price recorded a mild decrease. The growth pace was the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per litre in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per litre), while the price for Romania ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform