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

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

The CIS market for concentrated lemon and other citrus fruit juice skyrocketed to $X in 2021, increasing by 33% against the previous year. The total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +47.3% against 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Concentrated Lemon And Other Citrus Fruit Juice in CIS

In value terms, production of concentrated lemon and other citrus fruit juice expanded notably to $X in 2021 estimated in export price. Overall, production, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2016 with an increase of 204%. As a result, production attained the peak level of $X. From 2017 to 2021, production of growth remained at a somewhat lower figure.

Exports of Concentrated Lemon And Other Citrus Fruit Juice

Exports in CIS

In 2021, overseas shipments of concentrated lemon and other citrus fruit juice increased by 34% to X tons, rising for the third consecutive year after five years of decline. In general, exports, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2020 with an increase of 75%. Over the period under review, the exports of attained the peak figure at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of concentrated lemon and other citrus fruit juice skyrocketed to $X in 2021. Over the period under review, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of 196% against the previous year. The level of export peaked in 2021 and is likely to continue growth in years to come.

Exports by Country

Russia dominates juice structure, finishing at X tons, which was approx. 94% of total exports in 2021. Azerbaijan (X tons) held a relatively small share of total exports.

Russia was also the fastest-growing in terms of the concentrated lemon and other citrus fruit juice exports, with a CAGR of +6.7% from 2012 to 2021. Azerbaijan (-24.5%) illustrated a downward trend over the same period. While the share of Russia (+55 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Azerbaijan (-35.5 p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest concentrated lemon and other citrus fruit juice supplier in the CIS, comprising 98% of total exports. The second position in the ranking was taken by Azerbaijan ($X), with a 1.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Russia totaled +10.0%.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, approximately reflecting the previous year. In general, the export price continues to indicate strong growth. The pace of growth appeared the most rapid in 2015 an increase of 78%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Russia ($X per ton), while Azerbaijan stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Azerbaijan (+6.6%).

Imports of Concentrated Lemon And Other Citrus Fruit Juice

Imports in CIS

Imports of concentrated lemon and other citrus fruit juice skyrocketed to X tons in 2021, rising by 38% compared with the year before. Over the period under review, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 43% against the previous year. The volume of import peaked in 2021 and is likely to see gradual growth in years to come.

In value terms, imports of concentrated lemon and other citrus fruit juice soared to $X in 2021. Total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +37.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia prevails in juice structure, resulting at X tons, which was near 82% of total imports in 2021. It was distantly followed by Uzbekistan (X tons) and Kazakhstan (X tons), together mixing up a 15% share of total imports. Belarus (X tons) held a relatively small share of total imports.

From 2012 to 2021, average annual rates of growth with regard to concentrated lemon and other citrus fruit juice imports into Russia stood at +7.8%. At the same time, Uzbekistan (+60.7%), Belarus (+12.8%) and Kazakhstan (+6.4%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +60.7% from 2012-2021. While the share of Uzbekistan (+7.6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Russia (-4.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported concentrated lemon and other citrus fruit juice in the CIS, comprising 83% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 6.6% share of total imports. It was followed by Kazakhstan, with a 6% share.

In Russia, imports of concentrated lemon and other citrus fruit juice expanded at an average annual rate of +4.5% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (+75.1% per year) and Kazakhstan (+4.8% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, declining by -6% against the previous year. In general, the import price continues to indicate a perceptible slump. The growth pace was the most rapid in 2016 an increase of 24%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Belarus ($X per ton), while Kazakhstan ($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 (+9.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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