Belgium: Frozen Orange Juice Market 2020

Frozen Orange Juice Market Size in Belgium

The revenue of the frozen orange juice market in Belgium amounted to $X in 2018, dropping by -X% against the previous year. Over the period under review, frozen orange juice consumption continues to indicate an abrupt deduction. The most prominent rate of growth was recorded in 2014 when the market value increased by X% against the previous 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 Belgium

In value terms, frozen orange juice production totaled $X in 2018 estimated in export prices. Over the period under review, frozen orange juice production, however, continues to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Frozen orange juice production peaked at $X in 2011; however, from 2012 to 2018, production failed to regain its momentum.

Frozen Orange Juice Exports

Exports from Belgium

In 2018, the frozen orange juice exports from Belgium amounted to X tons, going up by X% against the previous year. In general, frozen orange juice exports, however, continue to indicate a drastic descent. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, frozen orange juice exports attained their peak figure at X tons in 2011; however, from 2012 to 2018, exports remained at a lower figure.

In value terms, frozen orange juice exports totaled $X in 2018. Over the period under review, frozen orange juice exports, however, continue to indicate a temperate shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, frozen orange juice exports attained their peak figure at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

The Netherlands (X tons), France (X tons) and Greece (X tons) were the main destinations of frozen orange juice exports from Belgium, together accounting for X% of total exports. These countries were followed by Italy, Spain, Australia and Bulgaria, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Bulgaria, while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and Italy ($X) were the largest markets for frozen orange juice exported from Belgium worldwide, with a combined X% share of total exports. These countries were followed by Greece, Spain, Australia and Bulgaria, which together accounted for a further X terms of the main countries of destination, Bulgaria experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average frozen orange juice export price stood at $X per ton in 2018, remaining constant against the previous year. Over the period under review, the export price indicated a buoyant increase 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 export price increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for frozen unconcentrated orange juice attained their maximum 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 Italy ($X per ton), while the average price for exports to Bulgaria ($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 France, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Orange Juice Imports

Imports into Belgium

In 2018, the imports of frozen unconcentrated orange juice into Belgium totaled X tons, falling by -X% against the previous year. Over the period under review, frozen orange juice imports continue to indicate a deep curtailment. The pace of growth appeared the most rapid in 2011 when imports increased by X% year-to-year. In that year, frozen orange juice imports attained their peak of X tons. From 2012 to 2018, the growth of frozen orange juice imports remained at a lower figure.

In value terms, frozen orange juice imports amounted to $X in 2018. Overall, frozen orange juice imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, frozen orange juice imports attained 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) was the main frozen orange juice supplier to Belgium, accounting for a X% share of total imports. It was followed by Italy (X tons), with a X% share of total imports.

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

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

From 2007 to 2018, the average annual rate of growth in terms of value from Brazil stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and Spain (-X% per year).

Import Prices by Country

In 2018, the average frozen orange juice import price amounted to $X per ton, jumping by X% against the previous year. Overall, 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 decreased by -X% against 2014 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by X% year-to-year. In that year, the average import prices for frozen unconcentrated orange juice reached their peak level of $X per ton. From 2015 to 2018, the growth in terms of the average import prices for frozen unconcentrated orange juice failed to regain its momentum.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform