Report Update Apr 1, 2024

Sri Lanka - Grape Juice - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Market for Grape Juice (Single Strength) 2024

Market Size for Grape Juice (Single Strength) in Sri Lanka

For the third consecutive year, the Sri Lankan grape juice (single strength) market recorded decline in sales value, which decreased by X% to $X in 2022. Overall, consumption recorded a abrupt slump. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Exports of Grape Juice (Single Strength)

Exports from Sri Lanka

In 2022, approx. X tons of grape juice (single strength) were exported from Sri Lanka; with an increase of X% on 2021 figures. In general, exports showed a prominent expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, grape juice (single strength) exports skyrocketed to $X in 2022. Overall, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Canada (X tons) was the main destination for grape juice (single strength) exports from Sri Lanka, accounting for a X% share of total exports. Moreover, grape juice (single strength) exports to Canada exceeded the volume sent to the second major destination, Maldives (X kg), eightfold.

From 2012 to 2022, the average annual growth rate of volume to Canada totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (X% per year) and Mauritius (X% per year).

In value terms, Canada ($X) remains the key foreign market for grape juice (single strength) exports from Sri Lanka, comprising X% of total exports. The second position in the ranking was taken by Maldives ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Canada stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (X% per year) and Mauritius (X% per year).

Export Prices by Country

The average grape juice (single strength) export price stood at $X per ton in 2022, remaining stable against the previous year. Overall, the export price posted measured growth. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mauritius ($X per ton), while the average price for exports to Canada ($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 Mauritius (X%), while the prices for the other major destinations experienced mixed trend patterns.

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Imports of Grape Juice (Single Strength)

Imports into Sri Lanka

Grape juice (single strength) imports into Sri Lanka contracted sharply to X tons in 2022, waning by X% compared with the previous year's figure. Overall, imports faced a abrupt contraction. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, grape juice (single strength) imports contracted markedly to $X in 2022. In general, imports showed a deep contraction. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Cyprus (X tons) was the main supplier of grape juice (single strength) to Sri Lanka, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Cyprus was relatively modest.

In value terms, Cyprus ($X) constituted the largest supplier of grape juice (single strength) to Sri Lanka.

From 2012 to 2022, the average annual rate of growth in terms of value from Cyprus stood at X%.

Import Prices by Country

In 2022, the average grape juice (single strength) import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Cyprus.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The United States remains the largest grape juice single strength) consuming country worldwide, comprising approx. 27% of total volume. Moreover, grape juice single strength) consumption in the United States exceeded the figures recorded by the second-largest consumer, Argentina, twofold. The third position in this ranking was held by Spain, with an 11% share.

What are the largest producers of grape juice (single strength) in the world?

The countries with the highest volumes of production in 2022 were the United States, Italy and Spain, with a combined 62% share of global production. Argentina, Brazil, Chile and Iran lagged somewhat behind, together accounting for a further 27%.

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

In value terms, Cyprus constituted the largest supplier of grape juice single strength) to Sri Lanka.

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

In value terms, Canada remains the key foreign market for grape juice single strength) exports from Sri Lanka, comprising 88% of total exports. The second position in the ranking was taken by Maldives $375), with an 11% share of total exports.

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

The average grape juice single strength) export price stood at $2,660 per ton in 2022, standing approx. at the previous year.

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

The average grape juice single strength) import price stood at $707 per ton in 2022, picking up by 12% against the previous year.

This report provides an in-depth analysis of the market for grape juice (single strength) in Sri Lanka. 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.

Product coverage:

FCL 562 - Juice of Grape

Country coverage:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023