Brazil: Market for Concentrated Lemon And Other Citrus Fruit Juice 2024

Market Size for Concentrated Lemon And Other Citrus Fruit Juice in Brazil

The Brazilian market for concentrated lemon and other citrus fruit juice shrank dramatically to $X in 2021, which is down by -80.8% against the previous year. In general, consumption faced a precipitous descent. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Concentrated Lemon And Other Citrus Fruit Juice in Brazil

In value terms, production of concentrated lemon and other citrus fruit juice surged to $X in 2021 estimated in export price. Overall, production recorded a deep slump. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Concentrated Lemon And Other Citrus Fruit Juice

Exports from Brazil

For the third consecutive year, Brazil recorded growth in overseas shipments of concentrated lemon and other citrus fruit juice, which increased by 17% to X tons in 2021. In general, exports enjoyed strong growth. The pace of growth appeared the most rapid in 2014 when exports increased by 144% against the previous year. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of concentrated lemon and other citrus fruit juice reached $X in 2021. Overall, exports saw resilient growth. The pace of growth was the most pronounced in 2014 when exports increased by 170% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

The United States (X tons), the Netherlands (X tons) and Israel (X tons) were the main destinations of exports of concentrated lemon and other citrus fruit juice from Brazil, with a combined 76% share of total exports. Japan, Spain, Belgium, Italy, Argentina and Germany lagged somewhat behind, together comprising a further 15%.

From 2012 to 2021, the biggest increases were in Italy (with a CAGR of +72.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for concentrated lemon and other citrus fruit juice exported from Brazil were the United States ($X), the Netherlands ($X) and Japan ($X), together comprising 73% of total exports. These countries were followed by Israel, Spain, Italy, Belgium, Argentina and Germany, which together accounted for a further 17%.

Italy, with a CAGR of +60.2%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for concentrated lemon and other citrus fruit juice stood at $X per ton in 2021, shrinking by -12.1% against the previous year. Overall, the export price recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2013 an increase of 16% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Japan ($X per ton), while the average price for exports to Argentina ($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 Argentina (-0.2%), while the prices for the other major destinations experienced a decline.

Imports of Concentrated Lemon And Other Citrus Fruit Juice

Imports into Brazil

In 2021, imports of concentrated lemon and other citrus fruit juice into Brazil reduced rapidly to X tons, falling by -81.8% on the year before. In general, imports showed a sharp contraction. The growth pace was the most rapid in 2017 with an increase of 613%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of concentrated lemon and other citrus fruit juice fell remarkably to $X in 2021. Overall, imports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 431% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

South Africa (X tons), the United States (X tons) and Turkey (X tons) were the main suppliers of imports of concentrated lemon and other citrus fruit juice to Brazil, together comprising 79% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Africa (with a CAGR of +5.4%), while imports for the other leaders experienced mixed trend patterns.

In value terms, South Africa ($X) constituted the largest supplier of concentrated lemon and other citrus fruit juice to Brazil, comprising 49% of total imports. The second position in the ranking was taken by the United States ($X), with a 19% share of total imports. It was followed by Turkey, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from South Africa totaled +24.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-7.1% per year) and Turkey (-22.3% per year).

Import Prices by Country

In 2021, the average import price for concentrated lemon and other citrus fruit juice amounted to $X per ton, which is down by -47.3% against the previous year. In general, the import price saw a slight reduction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 79%. The import price peaked at $X per ton in 2020, and then dropped sharply in the following year.

Prices varied noticeably country of origin: the country with the highest price was Spain ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+17.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :