Central Asia: Market for Grapefruit Juice (Single Strength) 2024

Market Size for Grapefruit Juice (Single Strength) in Central Asia

The Central Asian grapefruit juice (single strength) market surged to $X in 2021, with an increase of 99% against the previous year. Over the period under review, consumption saw a perceptible expansion. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Grapefruit Juice (Single Strength) in Central Asia

In value terms, grapefruit juice (single strength) production contracted to $X in 2021 estimated in export price. The total production indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +47.3% against 2016 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 21%. The level of production peaked at $X in 2020, and then dropped in the following year.

Exports of Grapefruit Juice (Single Strength)

Exports in Central Asia

In 2021, overseas shipments of grapefruit juice (single strength) increased by 20% to X tons, rising for the fourth year in a row after four years of decline. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 491%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, grapefruit juice (single strength) exports skyrocketed to $X in 2021. Over the period under review, exports saw a prominent expansion. The pace of growth was the most pronounced in 2018 with an increase of 441% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Kazakhstan dominates exports structure, recording X tons, which was approx. 98% of total exports in 2021. Uzbekistan (X kg) followed a long way behind the leaders.

Kazakhstan was also the fastest-growing in terms of the grapefruit juice (single strength) exports, with a CAGR of +21.3% from 2012 to 2021. At the same time, Uzbekistan (+15.7%) displayed positive paces of growth. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) remains the largest grapefruit juice (single strength) supplier in Central Asia, comprising 98% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a 2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Kazakhstan stood at +19.3%.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2021, almost unchanged from the previous year. Overall, the export price, however, showed a mild setback. The pace of growth was the most pronounced in 2013 an increase of 25%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+2.6%).

Imports of Grapefruit Juice (Single Strength)

Imports in Central Asia

For the third year in a row, Central Asia recorded growth in supplies from abroad of grapefruit juice (single strength), which increased by 69% to X tons in 2021. Over the period under review, imports showed strong growth. The pace of growth appeared the most rapid in 2013 when imports increased by 78% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, grapefruit juice (single strength) imports soared to $X in 2021. Overall, imports posted a strong increase. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Kazakhstan (X tons) was the key importer of grapefruit juice (single strength), making up 84% of total imports. It was distantly followed by Uzbekistan (X tons), achieving a 13% share of total imports. Tajikistan (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to grapefruit juice (single strength) imports into Kazakhstan stood at +8.8%. At the same time, Uzbekistan (+203.9%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +203.9% from 2012-2021. By contrast, Tajikistan (-5.0%) illustrated a downward trend over the same period. Uzbekistan (+13 p.p.) and Kazakhstan (+6.6 p.p.) significantly strengthened its position in terms of the total imports, while Tajikistan saw its share reduced by -4.8% from 2012 to 2021, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported grapefruit juice (single strength) in Central Asia, comprising 79% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 16% share of total imports.

In Kazakhstan, grapefruit juice (single strength) imports expanded at an average annual rate of +6.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Uzbekistan (+222.1% per year) and Tajikistan (-8.7% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, picking up by 3.1% against the previous year. Over the period under review, the import price, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2014 when the import price increased by 13% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+6.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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