China: Apple Juice Market 2024

Apple Juice Market Size in China

The Chinese apple juice market fell modestly to $X in 2021, leveling off at the previous year. Overall, consumption, however, recorded a abrupt downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Apple Juice Production in China

In value terms, apple juice production declined modestly to $X in 2021 estimated in export price. In general, production showed a drastic downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by 96%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Apple Juice Exports

Exports from China

In 2021, shipments abroad of apple juice (single strength) was finally on the rise to reach X tons after four years of decline. In general, exports, however, recorded a precipitous contraction. The most prominent rate of growth was recorded in 2016 with an increase of 53%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, apple juice exports soared to $X in 2021. Overall, exports, however, faced a significant curtailment. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Taiwan (Chinese) (X tons), the United Arab Emirates (X tons) and Hong Kong SAR (X tons) were the main destinations of apple juice exports from China, together accounting for 92% of total exports. These countries were followed by Thailand, Myanmar and the United States, which together accounted for a further 4.6%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Myanmar (with a CAGR of +117.6%), while the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), the United Arab Emirates ($X) and Hong Kong SAR ($X) constituted the largest markets for apple juice exported from China worldwide, together accounting for 93% of total exports. Thailand, Myanmar and the United States lagged somewhat behind, together accounting for a further 4.1%.

In terms of the main countries of destination, Myanmar, with a CAGR of +140.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average apple juice export price amounted to $X per ton, falling by -2.3% against the previous year. Overall, the export price showed a drastic downturn. The pace of growth was the most pronounced in 2017 an increase of 88% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Myanmar ($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 Myanmar (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Apple Juice Imports

Imports into China

For the third year in a row, China recorded growth in purchases abroad of apple juice (single strength), which increased by 35% to X tons in 2021. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2015 when imports increased by 89% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in years to come.

In value terms, apple juice imports surged to $X in 2021. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Spain (X tons), Cyprus (X tons) and New Zealand (X tons) were the main suppliers of apple juice imports to China, together accounting for 69% of total imports. Greece, Poland, Japan, Germany, Turkey, the United States, Argentina and Australia lagged somewhat behind, together comprising a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Greece (with a CAGR of +131.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), New Zealand ($X) and Cyprus ($X) appeared to be the largest apple juice suppliers to China, with a combined 64% share of total imports. Japan, Greece, Germany, the United States, Poland, Argentina, Turkey and Australia lagged somewhat behind, together accounting for a further 27%.

Among the main suppliers, Argentina, with a CAGR of +155.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average apple juice import price stood at $X per ton in 2021, growing by 35% against the previous year. Overall, the import price, however, continues to indicate a perceptible decline. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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