Argentina: Frozen Orange Juice Market 2020

Frozen Orange Juice Market Size in Argentina

The revenue of the frozen orange juice market in Argentina amounted to $X in 2018, lowering by -X% against the previous year. Overall, frozen orange juice consumption continues to indicate a drastic reduction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Frozen orange juice consumption peaked at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Frozen Orange Juice Production in Argentina

In value terms, frozen orange juice production amounted to $X in 2018 estimated in export prices. In general, frozen orange juice production continues to indicate an abrupt reduction. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, frozen orange juice production attained its maximum level at $X in 2011; however, from 2012 to 2018, production failed to regain its momentum.

Frozen Orange Juice Exports

Exports from Argentina

Frozen orange juice exports from Argentina stood at X tons in 2018, leveling off at the previous year. Over the period under review, frozen orange juice exports, however, continue to indicate a mild descent. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Exports peaked at X tons in 2009; however, from 2010 to 2018, exports remained at a lower figure.

In value terms, frozen orange juice exports amounted to $X in 2018. Overall, frozen orange juice exports, however, continue to indicate temperate growth. The growth pace was the most rapid in 2017 when exports increased by X% year-to-year. Over the period under review, frozen orange juice exports attained their peak figure in 2018 and are expected to retain its growth in the near future.

Exports by Country

The Netherlands (X tons) was the main destination for frozen orange juice exports from Argentina, with a X% share of total exports. Moreover, frozen orange juice exports to the Netherlands exceeded the volume sent to the second major destination, Israel (X tons), fivefold. Uruguay (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to the Netherlands stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (-X% per year) and Uruguay (+X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for frozen orange juice exports from Argentina, comprising X% of total frozen orange juice exports. The second position in the ranking was occupied by Israel ($X), with a X% share of total exports. It was followed by Uruguay, with a X% share.

From 2007 to 2018, the average annual growth rate of value to the Netherlands totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (-X% per year) and Uruguay (+X% per year).

Export Prices by Country

In 2018, the average frozen orange juice export price amounted to $X per ton, surging by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2010 when the average export price increased by X% against the previous year. The export price peaked in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was New Zealand ($X per ton), while the average price for exports to Israel ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Orange Juice Imports

Imports into Argentina

In 2018, the amount of frozen unconcentrated orange juice imported into Argentina amounted to X tons, surging by X% against the previous year. Over the period under review, frozen orange juice imports, however, continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, frozen orange juice imports reached their maximum at X tons in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, frozen orange juice imports stood at $X in 2018. In general, frozen orange juice imports, however, continue to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Brazil (X tons) was the main supplier of frozen orange juice to Argentina, with a X% share of total imports. It was followed by Uruguay (X tons), with a X% share of total imports.

From 2007 to 2018, the average annual growth rate of volume from Brazil stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (+X% per year) and Mexico (+X% per year).

In value terms, Brazil ($X) constituted the largest supplier of frozen orange juice to Argentina, comprising X% of total frozen orange juice imports. The second position in the ranking was occupied by Uruguay ($X), with a X% share of total imports.

From 2007 to 2018, the average annual growth rate of value from Brazil totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (+X% per year) and Mexico (-X% per year).

Import Prices by Country

In 2018, the average frozen orange juice import price amounted to $X per ton, approximately equating the previous year. Over the period under review, the frozen orange juice import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of X% year-to-year. The import price peaked at $X per ton in 2012; however, from 2013 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Brazil ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Uruguay, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform