South Africa - Concentrated Grapefruit Juice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingConcentrated Grapefruit Juice Price in South Africa Grows 9%, Averaging $2,439 per Ton
South Africa Concentrated Grapefruit Juice Export Price in February 2023
In February 2023, the concentrated grapefruit juice price stood at $2,439 per ton (FOB, South Africa), picking up by 9.1% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in May 2022 when the average export price increased by 24% against the previous month. As a result, the export price reached the peak level of $2,883 per ton. From June 2022 to February 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In February 2023, the country with the highest price was the United States ($4,100 per ton), while the average price for exports to the Netherlands ($2,093 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
COUNTRY | Export Price of Concentrated Grapefruit Juice in South Africa (USD per ton) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | |
United States | 1,914 | N/A | N/A | 3,426 | 3,587 | 2,872 | 2,243 | 2,659 | 3,530 | 2,583 | 3,483 | 3,229 | 4,100 |
Japan | 5,801 | 2,688 | 3,266 | 321 | 251 | 2,546 | 2,604 | 2,688 | 2,184 | 498 | 2,761 | 2,507 | 2,939 |
United Kingdom | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 2,105 | N/A | N/A | 2,314 | 2,391 |
Russia | N/A | N/A | N/A | N/A | N/A | 1,936 | 1,873 | 1,734 | 2,189 | 2,181 | N/A | N/A | 2,216 |
Spain | N/A | 2,041 | N/A | 2,997 | 2,145 | N/A | N/A | 2,092 | N/A | 2,159 | 2,212 | 2,138 | 2,196 |
Netherlands | 2,606 | 2,211 | 2,761 | 2,597 | 1,872 | 2,034 | 2,048 | 2,043 | 2,320 | 2,244 | 2,264 | 2,283 | 2,093 |
Vietnam | 1,724 | N/A | N/A | N/A | 2,183 | 2,244 | 2,249 | N/A | 2,225 | 2,228 | N/A | 2,225 | 2,093 |
Israel | 1,726 | N/A | N/A | N/A | N/A | 2,057 | 2,205 | 2,374 | N/A | 2,002 | 2,185 | 2,145 | N/A |
Average | 2,721 | 2,159 | 2,331 | 2,883 | 2,111 | 2,158 | 2,125 | 2,169 | 2,502 | 2,409 | 2,637 | 2,237 | 2,439 |
South Africa Concentrated Grapefruit Juice Exports
In February 2023, overseas shipments of concentrated grapefruit juice were finally on the rise to reach 1K tons for the first time since November 2022, thus ending a two-month declining trend. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 with an increase of 263% month-to-month.
In value terms, concentrated grapefruit juice exports surged to $2.5M (IndexBox estimates) in February 2023. In general, exports, however, recorded a slight reduction. The pace of growth appeared the most rapid in May 2022 with an increase of 348% m-o-m.
South Africa Concentrated Grapefruit Juice Exports by Country
the Netherlands (633 tons) was the main destination for concentrated grapefruit juice exports from South Africa, with a 61% share of total exports. Moreover, concentrated grapefruit juice exports to the Netherlands exceeded the volume sent to the second major destination, the United States (141 tons), fivefold. Spain (86 tons) ranked third in terms of total exports with an 8.2% share.
From February 2022 to February 2023, the average monthly growth rate of volume to the Netherlands stood at +11.8%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United States (-8.0% per month) and Spain (+4.9% per month).
In value terms, the Netherlands ($1.3M) remains the key foreign market for concentrated grapefruit juice exports from South Africa, comprising 52% of total exports. The second position in the ranking was held by the United States ($576K), with a 23% share of total exports. It was followed by Japan, with an 8.9% share.
From February 2022 to February 2023, the average monthly rate of growth in terms of value to the Netherlands totaled +9.8%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United States (-2.0% per month) and Japan (-12.5% per month).
This report provides an in-depth analysis of the concentrated grapefruit juice market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 510 - Grapefruit Juice, Concentrated
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023