Price for Grapes; Fresh or Dried in the UK - 2023
Contents:
- Price for Grapes; Fresh or Dried in the UK (CIF) - 2023
- Price for Grapes; Fresh or Dried in the UK (FOB) - 2023
- Imports of Grapes; Fresh or Dried in the UK
- Exports of Grapes; Fresh or Dried in the UK
Price for Grapes; Fresh or Dried in the UK (CIF) - 2023
In August 2023, the average grapes; fresh or dried import price amounted to $2,415 per ton, rising by 1.9% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 10% m-o-m. The import price peaked at $2,585 per ton in December 2022; however, from January 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Peru ($2,968 per ton), while the price for Turkey ($1,717 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Namibia (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Grapes; Fresh or Dried in the UK (FOB) - 2023
In August 2023, the average grapes; fresh or dried export price amounted to $3,128 per ton, picking up by 19% against the previous month. In general, export price indicated a measured expansion from August 2022 to August 2023: its price increased at an average monthly rate of +2.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, grapes; fresh or dried export price increased by +49.9% against May 2023 indices. The most prominent rate of growth was recorded in February 2023 an increase of 56% m-o-m. As a result, the export price attained the peak level of $4,329 per ton. From March 2023 to August 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Spain ($4,098 per ton), while the average price for exports to Turkey ($2,307 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Grapes; Fresh or Dried in the UK
Grapes; fresh or dried imports into the UK declined to 357K tons in 2022, leveling off at 2021 figures. Over the period under review, imports recorded a slight setback. The smallest decline of -0.6% was in 2020.
In value terms, grapes; fresh or dried imports dropped to $818M in 2022. In general, imports saw a noticeable setback. The most prominent rate of growth was recorded in 2020 with an increase of 1.2% against the previous year. As a result, imports reached the peak of $897M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Grapes; Fresh or Dried in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 170 | 188 | 190 | 186 | 3.0% |
| Spain | 108 | 112 | 129 | 145 | 10.3% |
| Turkey | 167 | 161 | 130 | 128 | -8.5% |
| Peru | 51.5 | 56.0 | 72.1 | 67.0 | 9.2% |
| Chile | 67.3 | 72.3 | 52.2 | 57.7 | -5.0% |
| Egypt | 53.0 | 63.1 | 64.0 | 56.7 | 2.3% |
| Italy | 27.2 | 30.6 | 34.5 | 45.7 | 18.9% |
| Brazil | 34.4 | 35.1 | 44.4 | 34.1 | -0.3% |
| India | 36.1 | 30.7 | 41.6 | 30.1 | -5.9% |
| Greece | 43.5 | 32.8 | 27.6 | 27.4 | -14.3% |
| Namibia | 23.6 | 21.3 | 30.6 | 24.5 | 1.3% |
| Germany | 48.5 | 48.3 | 3.0 | 2.6 | -62.3% |
| Netherlands | 28.6 | 19.7 | 16.2 | 1.2 | -65.3% |
| Others | 28.8 | 26.3 | 28.0 | 12.7 | -23.9% |
| Total | 886 | 897 | 863 | 818 | -2.6% |
Top Suppliers of Grapes; Fresh or Dried to the UK in 2022:
- South Africa (80.0K tons)
- Turkey (71.6K tons)
- Spain (54.3K tons)
- Chile (26.5K tons)
- Egypt (25.9K tons)
- Peru (22.0K tons)
- Italy (18.4K tons)
- India (14.7K tons)
- Greece (14.2K tons)
- Brazil (13.3K tons)
- Namibia (9.8K tons)
- Germany (0.9K tons)
- Netherlands (0.4K tons)
Exports of Grapes; Fresh or Dried in the UK
In 2022, shipments abroad of grapes; fresh or drieds decreased by -9.4% to 4.1K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a sharp slump. The growth pace was the most rapid in 2020 with an increase of 14%. As a result, the exports reached the peak of 13K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, grapes; fresh or dried exports dropped rapidly to $9.7M in 2022. Overall, exports faced a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. As a result, the exports attained the peak of $34M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Grapes; Fresh or Dried in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 7.2 | 6.6 | 4.7 | 2.8 | -27.0% |
| Ireland | 11.9 | 17.2 | 5.6 | 2.5 | -40.6% |
| Turkey | 0.1 | 0.1 | N/A | 0.9 | 108.0% |
| France | 1.1 | 2.5 | 0.2 | 0.7 | -14.0% |
| Spain | 1.0 | 1.5 | 0.9 | 0.6 | -15.7% |
| Germany | 2.2 | 1.9 | N/A | 0.3 | -48.5% |
| Poland | 1.7 | 1.3 | 0.4 | 0.1 | -61.1% |
| Denmark | 0.9 | 0.5 | N/A | N/A | -44.4% |
| Others | 2.6 | 2.0 | 1.4 | 1.7 | -13.2% |
| Total | 28.7 | 33.7 | 13.1 | 9.7 | -30.3% |
Top Export Markets for Grapes; Fresh or Dried from the UK in 2022:
- Netherlands (1510.0 tons)
- Ireland (899.7 tons)
- Turkey (431.1 tons)
- France (237.6 tons)
- Spain (200.9 tons)
- Germany (157.8 tons)
- Poland (89.0 tons)
- Denmark (20.0 tons)
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