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

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

The South Asian wine of fresh grapes market was estimated at $X in 2023, with an increase of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Wine Of Fresh Grapes (Except Sparkling Wine) in Southern Asia

In value terms, wine of fresh grapes production rose slightly to $X in 2023 estimated in export price. The total production indicated a measured increase from 2012 to 2023: its value 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, production decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Exports of Wine Of Fresh Grapes (Except Sparkling Wine)

Exports in Southern Asia

In 2023, the amount of wine of fresh grapes (except sparkling wine) exported in Southern Asia totaled X litres, increasing by X% against the previous year. In general, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X litres in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

In value terms, wine of fresh grapes exports stood at $X in 2023. Overall, exports, however, saw a deep contraction. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, India (X litres) was the major exporter of wine of fresh grapes (except sparkling wine), mixing up X% of total exports. It was distantly followed by Sri Lanka (X litres), Afghanistan (X litres) and Nepal (X litres), together committing a X% share of total exports. Maldives (X litres) took a relatively small share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Afghanistan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, India ($X) remains the largest wine of fresh grapes supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Sri Lanka ($X), with a X% share of total exports. It was followed by Nepal, with a X% share.

From 2012 to 2023, the average annual growth rate of value in India stood at X%. In the other countries, the average annual rates were as follows: Sri Lanka (X% per year) and Nepal (X% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per litre in 2023, declining by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The level of export peaked at $X per litre in 2021; however, from 2022 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was India ($X per litre), while Afghanistan ($X per litre) was amongst the lowest.

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

Imports of Wine Of Fresh Grapes (Except Sparkling Wine)

Imports in Southern Asia

In 2023, purchases abroad of wine of fresh grapes (except sparkling wine) increased by X% to X litres, rising for the third year in a row after two years of decline. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wine of fresh grapes imports skyrocketed to $X in 2023. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

India prevails in imports structure, amounting to X litres, which was approx. X% of total imports in 2023. Maldives (X litres) took a relatively small share of total imports.

India 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, Maldives (X%) displayed positive paces of growth. India (X p.p.) significantly strengthened its position in terms of the total imports, while Maldives saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, India ($X) constitutes the largest market for imported wine of fresh grapes (except sparkling wine) in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Maldives ($X), with a X% share of total imports.

In India, wine of fresh grapes imports increased at an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

In 2023, the import price in Southern Asia amounted to $X per litre, which is down by X% against the previous year. Over the period under review, the import price continues to indicate a slight shrinkage. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per litre in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Maldives ($X per litre), while India amounted to $X per litre.

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

Source: IndexBox Platform