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

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

The Chinese market for concentrated lemon and other citrus fruit juice soared to $X in 2021, jumping by 54% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a resilient expansion. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the immediate term.

Exports of Concentrated Lemon And Other Citrus Fruit Juice

Exports from China

In 2021, exports of concentrated lemon and other citrus fruit juice from China reduced dramatically to X tons, declining by -20.9% on the previous year's figure. Overall, exports, however, saw prominent growth. The growth pace was the most rapid in 2017 with an increase of 131% against the previous year. The exports peaked at X tons in 2020, and then dropped significantly in the following year.

In value terms, exports of concentrated lemon and other citrus fruit juice shrank rapidly to $X in 2021. Over the period under review, exports, however, showed prominent growth. The pace of growth was the most pronounced in 2017 when exports increased by 114% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2020, and then fell dramatically in the following year.

Exports by Country

Japan (X tons) was the main destination for exports of concentrated lemon and other citrus fruit juice from China, accounting for a 78% share of total exports. Moreover, exports of concentrated lemon and other citrus fruit juice to Japan exceeded the volume sent to the second major destination, Turkey (X tons), fivefold. The third position in this ranking was taken by Thailand (X tons), with a 4.5% share.

From 2012 to 2021, the average annual growth rate of volume to Japan totaled +26.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-23.9% per year) and Thailand (+25.6% per year).

In value terms, Japan ($X) remains the key foreign market for concentrated lemon and other citrus fruit juice exports from China, comprising 81% of total exports. The second position in the ranking was taken by Turkey ($X), with a 14% share of total exports. It was followed by Thailand, with a 3.9% share.

From 2012 to 2021, the average annual growth rate of value to Japan stood at +32.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (-29.4% per year) and Thailand (+17.1% per year).

Export Prices by Country

In 2021, the average export price for concentrated lemon and other citrus fruit juice amounted to $X per ton, declining by -2% against the previous year. Over the last nine years, it increased at an average annual rate of +4.3%. The pace of growth appeared the most rapid in 2013 an increase of 39%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2021, the highest price was recorded for prices to the United States ($X per ton) and Japan ($X per ton), while the average price for exports to Turkey ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Concentrated Lemon And Other Citrus Fruit Juice

Imports into China

In 2021, approx. X tons of concentrated lemon and other citrus fruit juice were imported into China; picking up by 40% on the previous year. Over the period under review, imports enjoyed resilient growth. The pace of growth appeared the most rapid in 2013 when imports increased by 93%. Over the period under review, imports of hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, imports of concentrated lemon and other citrus fruit juice soared to $X in 2021. Overall, imports recorded a strong increase. The pace of growth appeared the most rapid in 2017 when imports increased by 72% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

Italy (X tons), Israel (X tons) and Argentina (X tons) were the main suppliers of imports of concentrated lemon and other citrus fruit juice to China, with a combined 97% share of total imports. These countries were followed by the United States, which accounted for a further 2%.

From 2012 to 2021, the biggest increases were in the United States (with a CAGR of +24.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest concentrated lemon and other citrus fruit juice suppliers to China were Italy ($X), Israel ($X) and the United States ($X), with a combined 96% share of total imports.

In terms of the main suppliers, Israel, with a CAGR of +18.1%, 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

In 2021, the average import price for concentrated lemon and other citrus fruit juice amounted to $X per ton, dropping by -3.2% against the previous year. In general, the import price saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 9.6%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Israel ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (-0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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