Belarus: Market for Orange Juice (Single Strength) 2024

Market Size for Orange Juice (Single Strength) in Belarus

The Belarusian orange juice (single strength) market soared to $X in 2022, picking up by 949% against the previous year. In general, consumption, however, recorded a abrupt slump. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Orange Juice (Single Strength) in Belarus

In value terms, orange juice (single strength) production amounted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. Over the period under review, production attained the maximum level in 2022 and is expected to retain growth in the near future.

Exports of Orange Juice (Single Strength)

Exports from Belarus

In 2022, the amount of orange juice (single strength) exported from Belarus dropped markedly to X tons, which is down by -68% on the previous year's figure. In general, exports recorded a perceptible descent. The most prominent rate of growth was recorded in 2014 when exports increased by 58% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, orange juice (single strength) exports contracted rapidly to $X in 2022. Overall, exports showed a perceptible slump. The most prominent rate of growth was recorded in 2021 when exports increased by 48%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for orange juice (single strength) exports from Belarus, accounting for a 69% share of total exports. Moreover, orange juice (single strength) exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+73.9% per year) and Kazakhstan (-24.9% per year).

In value terms, Russia ($X) remains the key foreign market for orange juice (single strength) exports from Belarus, comprising 65% of total exports. The second position in the ranking was taken by Ukraine ($X), with a 32% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Russia amounted to -1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+78.2% per year) and Kazakhstan (-25.6% per year).

Export Prices by Country

In 2022, the average orange juice (single strength) export price amounted to $X per ton, approximately reflecting the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 22%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+11.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Orange Juice (Single Strength)

Imports into Belarus

In 2022, supplies from abroad of orange juice (single strength) decreased by -30.6% to X tons, falling for the second consecutive year after three years of growth. Overall, imports recorded a deep downturn. The pace of growth was the most pronounced in 2013 when imports increased by 51% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, orange juice (single strength) imports shrank to $X in 2022. Over the period under review, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2013 with an increase of 28%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Russia (X tons) was the main orange juice (single strength) supplier to Belarus, with a 93% share of total imports. Moreover, orange juice (single strength) imports from Russia exceeded the figures recorded by the second-largest supplier, Spain (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia amounted to -6.9%.

In value terms, Russia ($X) constituted the largest supplier of orange juice (single strength) to Belarus, comprising 91% of total imports. The second position in the ranking was taken by Spain ($X), with a 5% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Russia totaled -8.2%.

Import Prices by Country

In 2022, the average orange juice (single strength) import price amounted to $X per ton, jumping by 27% against the previous year. Over the period under review, the import price, however, recorded a mild reduction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 30% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Spain totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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