Africa: Market for Orange Juice (Single Strength) 2024

Market Size for Orange Juice (Single Strength) in Africa

In 2022, after two years of growth, there was decline in the African orange juice (single strength) market, when its value decreased by -0.4% to $X. The market value increased at an average annual rate of +2.6% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2021, and then dropped in the following year.

Production of Orange Juice (Single Strength) in Africa

In value terms, orange juice (single strength) production dropped slightly to $X in 2022 estimated in export price. The total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.4% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by 90%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Exports of Orange Juice (Single Strength)

Exports in Africa

In 2022, shipments abroad of orange juice (single strength) increased by 14% to X tons, rising for the second year in a row after three years of decline. Overall, exports recorded a slight expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 1,587%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, orange juice (single strength) exports skyrocketed to $X in 2022. In general, exports recorded mild growth. The growth pace was the most rapid in 2017 with an increase of 1,646%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

South Africa (X tons) and Morocco (X tons) dominates exports structure, together creating 88% of total exports. It was distantly followed by Egypt (X tons), making up an 8.7% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Morocco (with a CAGR of +109.7%), while the other leaders experienced mixed trends in the exports figures.

In value terms, South Africa ($X), Morocco ($X) and Egypt ($X) constituted the countries with the highest levels of exports in 2022, with a combined 97% share of total exports.

Morocco, with a CAGR of +114.3%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, picking up by 6.9% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the export price increased by 52%. The level of export peaked at $X per ton in 2018; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+7.9%), while the other leaders experienced mixed trends in the export price figures.

Imports of Orange Juice (Single Strength)

Imports in Africa

After five years of growth, overseas purchases of orange juice (single strength) decreased by -6.8% to X tons in 2022. Overall, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2019 when imports increased by 54%. The volume of import peaked at X tons in 2021, and then shrank in the following year.

In value terms, orange juice (single strength) imports reduced to $X in 2022. In general, imports, however, recorded a perceptible increase. The most prominent rate of growth was recorded in 2019 when imports increased by 46% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then shrank in the following year.

Imports by Country

Libya represented the largest importer of orange juice (single strength) in Africa, with the volume of imports reaching X tons, which was near 38% of total imports in 2022. It was distantly followed by Equatorial Guinea (X tons), creating a 13% share of total imports. The following importers - Gabon (X tons), Senegal (X tons), Mali (X tons), Ghana (X tons), Mozambique (X tons), Algeria (X tons), Gambia (X tons), Guinea (X tons), Cabo Verde (X tons), Democratic Republic of the Congo (X tons) and Somalia (X tons) - together made up 31% of total imports.

From 2012 to 2022, average annual rates of growth with regard to orange juice (single strength) imports into Libya stood at +11.6%. At the same time, Equatorial Guinea (+59.6%), Somalia (+43.9%), Mali (+40.7%), Gambia (+35.8%), Guinea (+22.6%), Democratic Republic of the Congo (+18.5%), Cabo Verde (+15.6%), Ghana (+4.6%), Senegal (+2.6%) and Mozambique (+2.0%) displayed positive paces of growth. Moreover, Equatorial Guinea emerged as the fastest-growing importer imported in Africa, with a CAGR of +59.6% from 2012-2022. By contrast, Gabon (-1.6%) and Algeria (-6.0%) illustrated a downward trend over the same period. While the share of Libya (+15 p.p.), Equatorial Guinea (+13 p.p.), Mali (+3.3 p.p.), Gambia (+2.4 p.p.), Guinea (+2 p.p.) and Somalia (+2 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Gabon (-4.1 p.p.) and Algeria (-6.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Libya ($X) constitutes the largest market for imported orange juice (single strength) in Africa, comprising 34% of total imports. The second position in the ranking was held by Equatorial Guinea ($X), with an 11% share of total imports. It was followed by Senegal, with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Libya stood at +11.3%. In the other countries, the average annual rates were as follows: Equatorial Guinea (+54.8% per year) and Senegal (+3.2% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, leveling off at the previous year. Over the period under review, the import price, however, recorded a slight decline. The most prominent rate of growth was recorded in 2013 an increase of 12% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Algeria ($X per ton), while Equatorial Guinea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (+2.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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