MERCOSUR: Market for Wine Of Fresh Grapes (Except Sparkling Wine) 2024

Market Size for Wine Of Fresh Grapes (Except Sparkling Wine) in MERCOSUR

In 2023, the MERCOSUR wine of fresh grapes market increased by X% to $X, rising for the third consecutive year after three years of decline. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Wine Of Fresh Grapes (Except Sparkling Wine) in MERCOSUR

In value terms, wine of fresh grapes production rose to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2023, production stood at a somewhat lower figure.

Exports of Wine Of Fresh Grapes (Except Sparkling Wine)

Exports in MERCOSUR

In 2023, overseas shipments of wine of fresh grapes (except sparkling wine) decreased by X% to X litres, falling for the third year in a row after two years of growth. Overall, exports saw a perceptible decrease. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X litres. From 2014 to 2023, the growth of the exports remained at a lower figure.

In value terms, wine of fresh grapes exports shrank notably to $X in 2023. Over the period under review, exports recorded a mild contraction. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

In 2023, Chile (X litres) represented the main exporter of wine of fresh grapes (except sparkling wine), committing X% of total exports. It was distantly followed by Argentina (X litres), mixing up a X% share of total exports.

Chile was also the fastest-growing in terms of the wine of fresh grapes (except sparkling wine) exports, with a CAGR of X% from 2012 to 2023. Argentina (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Chile increased by X percentage points.

In value terms, Chile ($X) remains the largest wine of fresh grapes supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Argentina ($X), with a X% share of total exports.

In Chile, wine of fresh grapes exports decreased by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in MERCOSUR stood at $X per litre in 2023, jumping by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Argentina ($X per litre), while Chile amounted to $X per litre.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Argentina (X%).

Imports of Wine Of Fresh Grapes (Except Sparkling Wine)

Imports in MERCOSUR

In 2023, supplies from abroad of wine of fresh grapes (except sparkling wine) decreased by X% to X litres, falling for the second year in a row after three years of growth. Total imports indicated a perceptible increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. The volume of import peaked at X litres in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, wine of fresh grapes imports dropped slightly to $X in 2023. Total imports indicated pronounced growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The growth pace was the most rapid in 2017 when imports increased by X%. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

Brazil dominates imports structure, amounting to X litres, which was approx. X% of total imports in 2023. Colombia (X litres) held the second position in the ranking, followed by Paraguay (X litres), Peru (X litres) and Ecuador (X litres). All these countries together held near X% share of total imports. Venezuela (X litres) and Uruguay (X litres) held a minor share of total imports.

Brazil was also the fastest-growing in terms of the wine of fresh grapes (except sparkling wine) imports, with a CAGR of X% from 2012 to 2023. At the same time, Ecuador (X%), Peru (X%) and Colombia (X%) displayed positive paces of growth. Uruguay experienced a relatively flat trend pattern. By contrast, Paraguay (X%) and Venezuela (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Brazil increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported wine of fresh grapes (except sparkling wine) in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Colombia ($X), with a X% share of total imports. It was followed by Peru, with a X% share.

In Brazil, wine of fresh grapes imports increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Colombia (X% per year) and Peru (X% per year).

Import Prices by Country

In 2023, the import price in MERCOSUR amounted to $X per litre, with an increase of X% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per litre in 2014; however, from 2015 to 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Peru ($X per litre) and Uruguay ($X per litre), while Venezuela ($X per litre) and Ecuador ($X per litre) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Paraguay (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform