SADC: Market for Grape Juice (Single Strength) 2024

Market Size for Grape Juice (Single Strength) in SADC

In 2022, the SADC grape juice (single strength) market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Production of Grape Juice (Single Strength) in SADC

In value terms, grape juice (single strength) production declined to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Exports of Grape Juice (Single Strength)

Exports in SADC

For the third year in a row, SADC recorded growth in shipments abroad of grape juice (single strength), which increased by X% to X tons in 2022. In general, exports saw a prominent increase. The growth pace was the most rapid in 2018 with an increase of X%. The volume of export peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, grape juice (single strength) exports totaled $X in 2022. Over the period under review, exports recorded a pronounced expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.

Exports by Country

South Africa dominates exports structure, recording X tons, which was near X% of total exports in 2022. Angola (X tons) held a relatively small share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Angola (X%) displayed positive paces of growth. Moreover, Angola emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. While the share of Angola (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest grape juice (single strength) supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Angola ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa stood at X%.

Export Prices by Country

The export price in SADC stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price, however, showed a slight decline. The pace of growth was the most pronounced in 2019 when the export price increased by X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Angola totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Imports of Grape Juice (Single Strength)

Imports in SADC

In 2022, approx. X tons of grape juice (single strength) were imported in SADC; jumping by X% against the year before. Overall, imports posted a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, grape juice (single strength) imports soared to $X in 2022. In general, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

Botswana (X tons), Namibia (X tons) and Mozambique (X tons) represented roughly X% of total imports in 2022. Mauritius (X tons) took the next position in the ranking, followed by Zambia (X tons), Zimbabwe (X tons) and Angola (X tons). All these countries together took near X% 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 Botswana (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest grape juice (single strength) importing markets in SADC were Botswana ($X), Mozambique ($X) and Namibia ($X), with a combined X% share of total imports.

Botswana, with a CAGR of X%, saw 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 more modest paces of growth.

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, declining by X% against the previous year. In general, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Angola ($X per ton), while Zimbabwe ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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