Australia and Oceania: Grape Must Market 2024

Grape Must Market Size in Australia and Oceania

The grape must market in Australia and Oceania expanded remarkably to $X in 2023, increasing by X% against the previous year. Overall, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a somewhat lower figure.

Grape Must Production in Australia and Oceania

In value terms, grape must production totaled $X in 2023 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2022 to 2023, production growth remained at a somewhat lower figure.

Grape Must Exports

Exports in Australia and Oceania

In 2023, grape must exports in Australia and Oceania declined to X litres, dropping by X% on the previous year's figure. Over the period under review, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports reached the maximum at X litres in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, grape must exports declined remarkably to $X in 2023. Overall, exports saw a deep slump. The pace of growth was the most pronounced in 2020 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

In 2023, Australia (X litres) was the key exporter of grape must, achieving X% of total exports. It was distantly followed by New Zealand (X litres), making up a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to grape must exports from Australia stood at X%. At the same time, New Zealand (X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of New Zealand increased by X percentage points.

In value terms, Australia ($X) remains the largest grape must supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total exports.

In Australia, grape must exports plunged by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Australia and Oceania stood at $X per litre in 2023, declining by X% against the previous year. In general, the export price, however, posted a resilient expansion. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per litre in 2021; however, from 2022 to 2023, 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 Australia ($X per litre), while New Zealand totaled $X per litre.

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

Grape Must Imports

Imports in Australia and Oceania

In 2023, supplies from abroad of grape must decreased by X% to X litres, falling for the second year in a row after two years of growth. In general, imports showed a slight contraction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The volume of import peaked at X litres in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, grape must imports fell remarkably to $X in 2023. Over the period under review, imports continue to indicate a slight slump. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

Australia represented the largest importer of grape must in Australia and Oceania, with the volume of imports recording X litres, which was approx. X% of total imports in 2023. It was distantly followed by New Zealand (X litres), mixing up a X% share of total imports. Solomon Islands (X litres) held a relatively small share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Solomon Islands (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, New Zealand ($X), Australia ($X) and Solomon Islands ($X) were the countries with the highest levels of imports in 2023, together comprising X% of total imports.

Among the main importing countries, Solomon Islands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Australia and Oceania stood at $X per litre in 2023, remaining stable against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of import peaked at $X per litre in 2020; however, from 2021 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Solomon Islands ($X per litre), while Australia ($X per litre) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform