Australia: Frozen Orange Juice Market 2020

Frozen Orange Juice Market Size in Australia

The revenue of the frozen orange juice market in Australia amounted to $X in 2018, surging by X% against the previous year. Over the period under review, frozen orange juice consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Frozen orange juice consumption peaked at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Frozen Orange Juice Production in Australia

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 a deep contraction. The most prominent rate of growth was recorded in 2017 when production volume increased by X% against the previous year. Over the period under review, frozen orange juice production attained its peak figure level at $X in 2013; however, from 2014 to 2018, production stood at a somewhat lower figure.

Frozen Orange Juice Exports

Exports from Australia

Frozen orange juice exports from Australia amounted to X tons in 2018, going down by -X% against the previous year. In general, frozen orange juice exports continue to indicate a precipitous deduction. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Exports peaked at X tons in 2008; however, from 2009 to 2018, exports remained at a lower figure.

In value terms, frozen orange juice exports totaled $X in 2018. In general, frozen orange juice exports continue to indicate a drastic contraction. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, frozen orange juice exports attained their maximum at $X in 2008; however, from 2009 to 2018, exports remained at a lower figure.

Exports by Country

New Zealand (X tons) was the main destination for frozen orange juice exports from Australia, with a X% share of total exports. Moreover, frozen orange juice exports to New Zealand exceeded the volume sent to the second major destination, China (X tons), fourfold. Indonesia (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to New Zealand totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and Indonesia (-X% per year).

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

From 2007 to 2018, the average annual rate of growth in terms of value to New Zealand amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and Indonesia (-X% per year).

Export Prices by Country

In 2018, the average frozen orange juice export price amounted to $X per ton, dropping by -X% against the previous year. In general, the frozen orange juice export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Over the period under review, the average export prices for frozen unconcentrated orange juice reached their maximum at $X per ton in 2012; however, from 2013 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Indonesia ($X per ton), while the average price for exports to Fiji ($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 South Korea, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Orange Juice Imports

Imports into Australia

In 2018, the frozen orange juice imports into Australia amounted to X tons, coming down by -X% against the previous year. Overall, frozen orange juice imports continue to indicate a deep deduction. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, frozen orange juice imports reached their maximum at X tons in 2009; however, from 2010 to 2018, imports stood at a somewhat lower figure.

In value terms, frozen orange juice imports totaled $X in 2018. Overall, frozen orange juice imports continue to indicate a temperate reduction. The pace of growth appeared the most rapid in 2011 when imports increased by X% against the previous year. Over the period under review, frozen orange juice imports reached their peak figure at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Brazil (X tons) constituted the largest supplier of frozen orange juice to Australia, accounting for a X% share of total imports. Moreover, frozen orange juice imports from Brazil exceeded the figures recorded by the second-largest supplier, the U.S. (X tons), sevenfold. The third position in this ranking was occupied by Belize (X tons), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Brazil totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Belize (+X% per year).

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

From 2007 to 2018, the average annual rate of growth in terms of value from Brazil amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Israel (+X% per year).

Import Prices by Country

In 2018, the average frozen orange juice import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price indicated measured growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, frozen orange juice import price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. The import price peaked in 2018 and is expected to retain its growth in the immediate term.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Israel, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform