U.S.: Dried Grapes Market 2024

Dried Grapes Market Size in the U.S.

In 2022, the U.S. dried grapes market increased by 2.5% to $X, rising for the second year in a row after two years of decline. In general, the total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +11.4% against 2020 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Dried Grapes Production in the U.S.

In value terms, dried grapes production fell to $X in 2022. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 38%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

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Dried Grapes Exports

Exports from the U.S.

Dried grapes exports from the United States contracted to X tons in 2022, falling by -11% on 2021. In general, exports recorded a deep slump. The most prominent rate of growth was recorded in 2014 with an increase of 14% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, dried grapes exports amounted to $X in 2022. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 5.9%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Japan (X tons) was the main destination for dried grapes exports from the United States, with a 31% share of total exports. Moreover, dried grapes exports to Japan exceeded the volume sent to the second major destination, Canada (X tons), twofold. The Philippines (X tons) ranked third in terms of total exports with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Japan totaled +1.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-3.2% per year) and the Philippines (+5.9% per year).

In value terms, the largest markets for dried grapes exported from the United States were Japan ($X), Canada ($X) and the Philippines ($X), together accounting for 48% of total exports.

Among the main countries of destination, the Philippines, with a CAGR of +6.5%, 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

The average dried grapes export price stood at $X per ton in 2022, with an increase of 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 37% against the previous year. As a result, the export price reached the peak level of $X per ton; afterwards, it flattened through to 2022.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Malaysia ($X per ton) and Sweden ($X per ton), while the average price for exports to Thailand ($X per ton) and the Philippines ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Grapes Imports

Imports into the U.S.

In 2022, purchases abroad of dried grapes increased by 40% to X tons, rising for the second consecutive year after two years of decline. Overall, imports showed a resilient increase. The most prominent rate of growth was recorded in 2018 when imports increased by 149%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, dried grapes imports soared to $X in 2022. Over the period under review, imports saw a perceptible expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 164%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

South Africa (X tons), Chile (X tons) and Argentina (X tons) were the main suppliers of dried grapes imports to the United States, with a combined 86% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Africa (with a CAGR of +28.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Chile ($X) and Argentina ($X) constituted the largest dried grapes suppliers to the United States, together comprising 86% of total imports. Afghanistan, Turkey, Mexico, Uzbekistan and China lagged somewhat behind, together accounting for a further 12%.

Turkey, with a CAGR of +27.4%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average dried grapes import price amounted to $X per ton, increasing by 6.2% against the previous year. Overall, the import price, however, saw a mild downturn. The pace of growth appeared the most rapid in 2019 an increase of 22%. 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 remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Afghanistan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Afghanistan (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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