Belgium: Market for Grapefruit Juice (Single Strength) 2024

Market Size for Grapefruit Juice (Single Strength) in Belgium

In 2021, the Belgian grapefruit juice (single strength) market increased by 29% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption posted buoyant growth. Grapefruit juice (single strength) consumption peaked in 2021 and is likely to continue growth in the immediate term.

Production of Grapefruit Juice (Single Strength) in Belgium

In value terms, grapefruit juice (single strength) production declined markedly to $X in 2021 estimated in export price. In general, production, however, posted a resilient expansion. Grapefruit juice (single strength) production peaked at $X in 2020, and then declined sharply in the following year.

Exports of Grapefruit Juice (Single Strength)

Exports from Belgium

In 2021, the amount of grapefruit juice (single strength) exported from Belgium declined sharply to X tons, which is down by -48.6% on the previous year. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 511% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, grapefruit juice (single strength) exports dropped sharply to $X in 2021. Overall, exports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2020 when exports increased by 476%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons), France (X tons) and Italy (X tons) were the main destinations of grapefruit juice (single strength) exports from Belgium, with a combined 94% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +22.6%), while the other leaders experienced mixed trend patterns.

In value terms, the UK ($X), France ($X) and Italy ($X) constituted the largest markets for grapefruit juice (single strength) exported from Belgium worldwide, together accounting for 90% of total exports.

Italy, with a CAGR of +23.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average grapefruit juice (single strength) export price stood at $X per ton in 2021, increasing by 13% against the previous year. Over the last nine-year period, it increased at an average annual rate of +5.8%. The pace of growth appeared the most rapid in 2013 when the average export price increased by 21%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to France ($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 Sweden (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grapefruit Juice (Single Strength)

Imports into Belgium

In 2021, supplies from abroad of grapefruit juice (single strength) increased by 115% to X tons for the first time since 2016, thus ending a four-year declining trend. Overall, imports, however, recorded a noticeable shrinkage. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, grapefruit juice (single strength) imports surged to $X in 2021. Over the period under review, imports, however, recorded a noticeable contraction. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Mexico (X tons) and France (X tons) were the main suppliers of grapefruit juice (single strength) imports to Belgium, with a combined 98% share of total imports.

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 +21.8%), while imports for the other leaders experienced a decline.

In value terms, the Netherlands ($X) constituted the largest supplier of grapefruit juice (single strength) to Belgium, comprising 58% of total imports. The second position in the ranking was held by Mexico ($X), with a 27% share of total imports. It was followed by France, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands amounted to +17.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-3.2% per year) and France (-0.8% per year).

Import Prices by Country

The average grapefruit juice (single strength) import price stood at $X per ton in 2021, falling by -33.6% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 25%. The import price peaked at $X per ton in 2020, and then fell significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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