Belarus: Market for Grapefruit Juice (Single Strength) 2024

Market Size for Grapefruit Juice (Single Strength) in Belarus

In 2021, the Belarusian grapefruit juice (single strength) market decreased by -92.6% to $X, falling for the second year in a row after three years of growth. In general, consumption continues to indicate a dramatic decline. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Exports of Grapefruit Juice (Single Strength)

Exports from Belarus

In 2021, overseas shipments of grapefruit juice (single strength) were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports, however, saw a deep contraction. The pace of growth appeared the most rapid in 2017 when exports increased by 185% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, grapefruit juice (single strength) exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of 188%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Ukraine (X tons) was the main destination for grapefruit juice (single strength) exports from Belarus, accounting for a 85% share of total exports. Moreover, grapefruit juice (single strength) exports to Ukraine exceeded the volume sent to the second major destination, Russia (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume to Ukraine amounted to +83.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-22.4% per year) and Kazakhstan (-37.2% per year).

In value terms, Ukraine ($X) remains the key foreign market for grapefruit juice (single strength) exports from Belarus, comprising 86% of total exports. The second position in the ranking was taken by Russia ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Ukraine stood at +88.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-22.5% per year) and Kazakhstan (-40.3% per year).

Export Prices by Country

In 2021, the average grapefruit juice (single strength) export price amounted to $X per ton, declining by -8.7% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 38% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Kazakhstan ($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 Ukraine (+2.3%), while the prices for the other major destinations experienced a decline.

Imports of Grapefruit Juice (Single Strength)

Imports into Belarus

In 2021, overseas purchases of grapefruit juice (single strength) decreased by -78.5% to X tons, falling for the second consecutive year after two years of growth. In general, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of 31% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, grapefruit juice (single strength) imports fell sharply to $X in 2021. Over the period under review, imports continue to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2013 with an increase of 14%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Russia (X tons) was the main supplier of grapefruit juice (single strength) to Belarus, accounting for a 95% share of total imports. It was followed by Cyprus (X tons), with a 2.7% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Russia amounted to -16.3%.

In value terms, Russia ($X) constituted the largest supplier of grapefruit juice (single strength) to Belarus, comprising 92% of total imports. The second position in the ranking was held by Cyprus ($X), with a 3.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia stood at -19.6%.

Import Prices by Country

The average grapefruit juice (single strength) import price stood at $X per ton in 2021, picking up by 16% against the previous year. In general, the import price, however, recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by 16%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Cyprus ($X per ton), while the price for Russia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cyprus (+2.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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