Australia: Market for Concentrated Lemon And Other Citrus Fruit Juice 2024

Exports of Concentrated Lemon And Other Citrus Fruit Juice

Exports from Australia

In 2021, shipments abroad of concentrated lemon and other citrus fruit juice increased by 216% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, total exports indicated a measured expansion from 2012 to 2021: its volume increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, exports of concentrated lemon and other citrus fruit juice surged to $X in 2021. Overall, total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +8.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

New Zealand (X tons) was the main destination for exports of concentrated lemon and other citrus fruit juice from Australia, with a 62% share of total exports. Moreover, exports of concentrated lemon and other citrus fruit juice to New Zealand exceeded the volume sent to the second major destination, China (X tons), threefold. The third position in this ranking was taken by Hong Kong SAR (X tons), with a 9.4% share.

From 2012 to 2021, the average annual growth rate of volume to New Zealand totaled +14.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+40.0% per year) and Hong Kong SAR (-2.8% per year).

In value terms, New Zealand ($X) remains the key foreign market for concentrated lemon and other citrus fruit juice exports from Australia, comprising 53% of total exports. The second position in the ranking was held by French Polynesia ($X), with a 15% share of total exports. It was followed by Hong Kong SAR, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value to New Zealand totaled +14.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: French Polynesia (+13.2% per year) and Hong Kong SAR (+9.0% per year).

Export Prices by Country

The average export price for concentrated lemon and other citrus fruit juice stood at $X per ton in 2021, declining by -28.3% against the previous year. Overall, the export price, however, saw measured growth. The growth pace was the most rapid in 2020 an increase of 87% against the previous year. As a result, the export price reached the peak level of $X per ton, and then reduced markedly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was French Polynesia ($X per ton), while the average price for exports to Papua New Guinea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to French Polynesia (+24.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Concentrated Lemon And Other Citrus Fruit Juice

Imports into Australia

In 2021, the amount of concentrated lemon and other citrus fruit juice imported into Australia fell significantly to X tons, shrinking by -17.4% against the year before. In general, imports saw a perceptible shrinkage. The pace of growth was the most pronounced in 2019 with an increase of 30%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of concentrated lemon and other citrus fruit juice declined to $X in 2021. Overall, imports saw a perceptible decline. The pace of growth was the most pronounced in 2015 with an increase of 37%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

Argentina (X tons), Israel (X tons) and Mexico (X tons) were the main suppliers of imports of concentrated lemon and other citrus fruit juice to Australia, together accounting for 79% of total imports. These countries were followed by Lebanon, Brazil, the Netherlands, South Africa and China, which together accounted for a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +43.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest concentrated lemon and other citrus fruit juice suppliers to Australia were Argentina ($X), Israel ($X) and Mexico ($X), with a combined 75% share of total imports. These countries were followed by Brazil, South Africa, the Netherlands, Lebanon and China, which together accounted for a further 12%.

Among the main suppliers, the Netherlands, with a CAGR of +39.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for concentrated lemon and other citrus fruit juice amounted to $X per ton, with an increase of 6.3% against the previous year. In general, the import price, however, showed a slight shrinkage. The pace of growth appeared the most rapid in 2018 when the average import price increased by 20% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was South Africa ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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