GRAPE PRICE TRACKER
Mid February Review
Mid February Review:
European Wholesale Prices
Between week 6 and 7 of 2016, wholesale grape prices in each of the three reported
European countries (UK, the Netherlands and Germany), witnessed an increase. This price
rise is also witnessed when compared year on year in all of the countries.
The UK reported the greatest weekly price increase of 14%, rising from £2.06 per kg, to
£2.34 per kg. Year on year, the current price is up 45% from £1.61 per kg. The Netherlands
witnessed a rise in average wholesale prices of 9% between week 6 and 7, to €2.55 per kg.
This price is 9% higher than it was a year previous, from €2.18 per kg. In Germany, the
average wholesale price for grapes increased 6% weekly, from €2.81 per kg, to €2.99 per kg.
Year on year, this is an increase of 21%, from €2.47 per kg. (Please see new section for
further information).
European Grape Wholesale Prices, per KG
Week 7
Week 6
Week 7
2016
2016
2015
UK
£2.34
£2.06
£1.61
45%
14%
Netherlands
€ 2.55
€ 2.34
€ 2.18
17%
9%
Germany
€ 2.99
€ 2.81
€ 2.47
21%
6%
Y-O-Y
W-O-W
Average Wholesale Grape Prices
EUR 4.00
EUR 3.50
EUR 3.00
EUR 2.50
EUR 2.00
EUR 1.50
EUR 1.00
EUR 0.50
NETHERLANDS AVERAGE PER KILO
1
GERMANY AVERAGE PER KILO
12/02/2016
05/02/2016
29/01/2016
22/01/2016
15/01/2016
08/01/2016
01/01/2016
25/12/2015
18/12/2015
11/12/2015
04/12/2015
27/11/2015
20/11/2015
13/11/2015
06/11/2015
30/10/2015
23/10/2015
16/10/2015
09/10/2015
02/10/2015
EUR 0.00
GRAPE PRICE TRACKER
Mid February Review
Average Wholesale Grape Prices
£2.50
£2.00
£1.50
£1.00
£0.50
12/02/2016
05/02/2016
29/01/2016
22/01/2016
15/01/2016
08/01/2016
01/01/2016
25/12/2015
18/12/2015
11/12/2015
04/12/2015
27/11/2015
20/11/2015
13/11/2015
06/11/2015
30/10/2015
23/10/2015
16/10/2015
09/10/2015
02/10/2015
£0.00
UK AVERAGE PER KILO
UK Retail Prices
The average retail price for 500g packs of grapes in the UK during week 7 of 2016 was £4.70
per kg. This is a very marginal decline from the prior week’s £4.72 per kg. Year on year,
average retail prices are slightly down in the UK, by 5%, from £5.01 per kg.
UK Retail Grape Prices, per KG
Week 7
Week 6
Week 7
2016
2016
2015
Average*
£4.70
£4.72
£4.76
-1%
0%
White**
£3.84
£3.85
£3.96
-3%
0%
Red**
£3.64
£3.78
£3.98
-9%
-4%
Black**
£3.69
£3.87
£3.52
5%
-5%
Mixed**
£4.24
£4.28
£4.05
5%
-1%
Y-O-Y
W-O-W
* Average price of all grape varieties on sale in UK, incl. Value and premium ranges, and snack packs
** Average price of standard 500g grape packs
2
GRAPE PRICE TRACKER
Mid February Review
AVERAGE UK GRAPE RETAIL PRICE PER KILO
£6.00
£5.80
£5.60
£5.40
£5.20
£5.00
£4.80
£4.60
£4.40
£4.20
£4.00
40 41 42 43 44 45 46 47 48 49 50 51 52 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21
Week
UK 2009/2010
UK 2010/2011
UK 2011/2012
UK 2012/2013
UK 2013/2014
UK 2014/2015
UK 2015/2016
During week 7 of 2016, mixed grapes were the most expensive on the market, with an
average retail price of £4.24 per kg, this was then followed by white grapes at £3.84 per kg.
The lowest priced grapes were red grapes at £3.64 per kg, with black grapes at £3.69 per kg.
Compared against the prior week, grape prices for all varieties except white, witnessed a
price fall. However, compared against the prior year, the price of black and mixed grapes is
slightly up.
UK Retail Grape Prices, per KG
Week 7
Week 6
Week 7
2016
2016
2015
Average*
£4.70
£4.72
£4.76
-1%
0%
White**
£3.84
£3.85
£3.96
-3%
0%
Red**
£3.64
£3.78
£3.98
-9%
-4%
Black**
£3.69
£3.87
£3.52
5%
-5%
Mixed**
£4.24
£4.28
£4.05
5%
-1%
Y-O-Y
W-O-W
* Average price of all grape varieties on sale in UK, incl. Value and premium ranges, and snack packs
** Average price of standard 500g grape packs
3
GRAPE PRICE TRACKER
Mid February Review
UK Retail Grape Prices by Supplier per KG
South Africa
W7
W6
Namibia
W7
W6
Peru
W7
W6
White
£3.83
£3.86
£4.00
Red
£3.75
£3.78
£2.90
W7
W6
Mixed
£3.69
£3.87
£3.70
South Africa / Namibia £4.40
£4.50
Black
£4.23
£4.29
£3.80
Highest price
Lowest price
Other mixed grape suppliers
South Africa / Peru
Average £3.88 £3.95 £4.00 £3.80 £3.30
£4.00
South Africa / Brazil £4.00
German Retail Prices
Between week 6 and 7 of 2016, the average retail grape price in Germany increased by 1%,
from €3.85 per kg, to €3.89 per kg. White grapes retailed for the highest price at €3.93 per
kg, with a weekly increase of 1% from €3.91 per kg. The average retail price for red grapes
was €3.85 per kg, a 1% rise from €3.81 per kg.
German Retail Grape Prices, per KG
Week 7
Week 6
2016
2016
Average
€ 3.89
€ 3.85
1%
Red
€ 3.85
€ 3.81
1%
White
€ 3.93
€ 3.91
1%
W-O-W
Grapes in the News:
Grape prices in Europe have increased considerably in the last few weeks as a result of
lower than expected supply from South Africa, and also delayed shipments from Capetown.
Whilst Indian grapes have begun arriving on the market, the quantity is not great enough to
influence the market. Add to this, Chile’s lower trade volumes, due to production problems
and strong US demand. However, demand still remains good, though this is being held up
by retailers taking a smaller margin.
Demand for early Indian grapes has remained steady in Russia for the past two months.
Grapes from India are not yet ready for the European market, as the sugars are not high
enough. However, demand in Europe is high for Indian grapes that meet the right
specification, due to lower supplies from other countries, and so prices are higher.
The Nashik region of India, is expected to see an increase in production of some 55%
between December 2015 an May 2016, to 1.6 million tonnes. This increase comes as the
previous season witnessed high rainfall and hail, negatively impacting production by 30% down
4
GRAPE PRICE TRACKER
Mid February Review
to 1 million tonnes. The grapes this season are reported as being very good, benefiting from
good growing conditions.
USDA have stated that they will invest £323,060 in surveys looking at grape pests and
diseases, in 15 of their states.
During 2015, Peru’s fruit and vegetable exports rose 15%, to £1.469 billion. One of the top
export products for Peru was Red Globe grapes, and other new seedless varieties, which
produced revenue of £483 million. Of its export markets, the US and EU remain the most
important to Peru, at 42% and 40% of shipments respectively.
The New Zealand Environmental Protection Authority (EPA), has approved an application
for the import of the fungicide Esteem. Esteem is used to control powdery mildrew, and
grey mould in apples and grapes.
Ever increasing demand for grapes from Asia and the Middle East are presenting challenges
for wholesalers. There is now year round demand for table grapes in Asia, especially in
China. Whilst there has been a reported price drop in Red Globe prices, this has levelled
out, and it is expected that the season will end strongly, with consistent supply from Peru and
Brazil.
5