United Kingdom: Market for Grape Juice (Single Strength) 2022

Market Size for Grape Juice (Single Strength) in the UK

After two years of growth, the UK grape juice (single strength) market decreased by -48.1% to $X in 2021. Overall, consumption continues to indicate a abrupt setback. Grape juice (single strength) consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Exports of Grape Juice (Single Strength)

Exports from the UK

In 2021, overseas shipments of grape juice (single strength) increased by 242% to X tons, rising for the sixth consecutive year after two years of decline. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, grape juice (single strength) exports surged to $X in 2021. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 306% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in years to come.

Exports by Country

Yemen (X tons) was the main destination for grape juice (single strength) exports from the UK, accounting for a 95% share of total exports. It was followed by Saudi Arabia (X tons), with a 2.2% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Yemen stood at +237.6%.

In value terms, Yemen ($X) remains the key foreign market for grape juice (single strength) exports from the UK, comprising 92% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Yemen amounted to +199.2%.

Export Prices by Country

The average grape juice (single strength) export price stood at $X per ton in 2021, waning by -18.3% against the previous year. Overall, the export price showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 when the average export price increased by 56%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, the country with the highest price was Yemen ($X per ton), while the average price for exports to Saudi Arabia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (-0.0%).

Imports of Grape Juice (Single Strength)

Imports into the UK

In 2021, supplies from abroad of grape juice (single strength) increased by 39% to X tons, rising for the third year in a row after two years of decline. Overall, imports, however, continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2019 with an increase of 65%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, grape juice (single strength) imports shrank to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 48%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Spain (X tons) and the United States (X tons) were the main suppliers of grape juice (single strength) imports to the UK, with a combined 86% share of total imports. These countries were followed by Italy, Belgium, Ireland and France, which together accounted for a further 12%.

From 2012 to 2021, the biggest increases were in Ireland (with a CAGR of +49.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the United States ($X) and the Netherlands ($X) were the largest grape juice (single strength) suppliers to the UK, with a combined 83% share of total imports. These countries were followed by Italy, Belgium, Ireland and France, which together accounted for a further 14%.

Ireland, with a CAGR of +37.3%, 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 2021, the average grape juice (single strength) import price amounted to $X per ton, with a decrease of -36.4% against the previous year. In general, the import price continues to indicate a pronounced reduction. The growth pace was the most rapid in 2018 an increase of 30%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :