Australia and Oceania: Market for Grape Juice (Single Strength) 2024

Market Size for Grape Juice (Single Strength) in Australia and Oceania

The grape juice (single strength) market in Australia and Oceania contracted rapidly to $X in 2022, which is down by X% against the previous year. In general, consumption recorded a deep slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Grape Juice (Single Strength) in Australia and Oceania

In value terms, grape juice (single strength) production amounted to $X in 2022 estimated in export price. The total production indicated a notable expansion 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Grape Juice (Single Strength)

Exports in Australia and Oceania

In 2022, shipments abroad of grape juice (single strength) increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports posted a remarkable increase. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, grape juice (single strength) exports fell slightly to $X in 2022. Total exports indicated buoyant 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. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then reduced in the following year.

Exports by Country

Australia (X tons) represented roughly X% of total exports in 2022.

Australia was also the fastest-growing in terms of the grape juice (single strength) exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest grape juice (single strength) supplier in Australia and Oceania.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia amounted to X%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, which is down by X% against the previous year. Export price indicated a temperate 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 2020 when the export price increased by X%. The level of export peaked at $X per ton in 2021, and then fell in the following year.

As there is only one major export destination, the average price level is determined by prices for Australia.

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

Imports of Grape Juice (Single Strength)

Imports in Australia and Oceania

Grape juice (single strength) imports fell dramatically to X tons in 2022, reducing by X% on the year before. In general, imports saw a significant contraction. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, grape juice (single strength) imports dropped markedly to $X in 2022. Over the period under review, imports faced a abrupt contraction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Australia represented the major importer of grape juice (single strength) in Australia and Oceania, with the volume of imports finishing at X tons, which was near X% of total imports in 2022. New Zealand (X tons) ranks second in terms of the total imports with a X% share, followed by Papua New Guinea (X%) and New Caledonia (X%). Vanuatu (X tons) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Vanuatu (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest grape juice (single strength) importing markets in Australia and Oceania were Australia ($X), New Zealand ($X) and Papua New Guinea ($X), together comprising X% of total imports. New Caledonia and Vanuatu lagged somewhat behind, together comprising a further X%.

Vanuatu, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price recorded a strong expansion. The pace of growth was the most pronounced in 2016 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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