As the grape season kicks off in the southern hemisphere, the global grape market is shaping up for an interesting season.
In the Netherlands, the grape supply is facing challenges due to heat-related issues in Southern European countries, leading to a notable decline in the availability of high-quality grapes. Demand remains high, however, maintaining a relatively stable market despite a 30-40% reduction in suitable grapes.
Germany reflects a contrasting scenario, where an expanded assortment of grape varieties is satisfying consumer demands. Italy, known for its rich grape production, is grappling with a significant drop in yield – up to 30% lower than previous years – due to adverse weather conditions and disease. Despite decreased production, market dynamics have stabilised prices, offering a positive outlook for growers.
In Spain, the grape harvest is so far unaffected by the heatwaves and is benefitting from less competition from Italy and Egypt than normal. Portugal stands out for its robust export potential, with a 40% surge in grape exports projected. Early harvests, warmer weather, and rising demand have contributed to a promising season.
South Africa anticipates a fruitful grape season following favourable winter conditions, although quality concerns arose in the Egyptian grape imports. North America’s grape supply, notably from California, is peaking, with retailers capitalising on this period of peak quality.
In Peru, despite challenges such as weather anomalies and transportation disruptions, the country has emerged as a leading grape exporter. Expanding into new markets like Japan signifies the industry’s resilience and adaptability.
