Europe: Grape Must Market 2024

Grape Must Market Size in Europe

The Europe grape must market expanded rapidly to $X in 2022, growing by X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Grape Must Production in Europe

In value terms, grape must production totaled $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Grape Must Exports

Exports in Europe

After three years of growth, overseas shipments of grape must decreased by X% to X litres in 2022. Over the period under review, exports saw a noticeable contraction. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of X litres. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, grape must exports declined notably to $X in 2022. In general, exports continue to indicate a mild decline. The growth pace was the most rapid in 2017 when exports increased by X%. The level of export peaked at $X in 2021, and then dropped sharply in the following year.

Exports by Country

In 2022, Spain (X litres) was the largest exporter of grape must, constituting X% of total exports. Italy (X litres) took the second position in the ranking, distantly followed by Hungary (X litres). All these countries together held approx. X% share of total exports. France (X litres) held a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Spain ($X), Italy ($X) and France ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports. These countries were followed by Hungary, which accounted for a further X%.

Among the main exporting countries, Hungary, with a CAGR of X%, recorded 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

In 2022, the export price in Europe amounted to $X per litre, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2015 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per litre in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per litre), while Hungary ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced mixed trends in the export price figures.

Grape Must Imports

Imports in Europe

Grape must imports contracted dramatically to X litres in 2022, reducing by X% against 2021. Overall, imports, however, saw modest growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X litres, and then dropped markedly in the following year.

In value terms, grape must imports declined sharply to $X in 2022. Total imports indicated a slight 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. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The level of import peaked at $X in 2021, and then declined sharply in the following year.

Imports by Country

In 2022, France (X litres) and Italy (X litres) represented the major importers of grape must in Europe, together creating X% of total imports. Portugal (X litres) held the next position in the ranking, followed by Germany (X litres) and Slovakia (X litres). All these countries together took near X% share of total imports. The Czech Republic (X litres), Spain (X litres), Switzerland (X litres), Greece (X litres) and Romania (X litres) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constitutes the largest market for imported grape must in Europe, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Portugal, with an X% share.

In France, grape must imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Italy (X% per year) and Portugal (X% per year).

Import Prices by Country

The import price in Europe stood at $X per litre in 2022, picking up by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the import price increased by X%. The level of import peaked at $X per litre in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Switzerland ($X per litre), while Slovakia ($X per litre) was amongst the lowest.

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

Source: IndexBox Platform