Czech Republic: Market for Grapefruit Juice (Single Strength) 2024

Market Size for Grapefruit Juice (Single Strength) in the Czech Republic

The Czech grapefruit juice (single strength) market skyrocketed to $X in 2021, jumping by 15% 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 posted a mild increase. Over the period under review, the market attained the maximum level in 2021 and is likely to see gradual growth in the near future.

Exports of Grapefruit Juice (Single Strength)

Exports from the Czech Republic

In 2021, the amount of grapefruit juice (single strength) exported from the Czech Republic fell to X tons, shrinking by -11.8% on 2020. Overall, exports showed a abrupt decrease. The growth pace was the most rapid in 2015 when exports increased by 108%. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, grapefruit juice (single strength) exports shrank to $X in 2021. In general, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2015 when exports increased by 91% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Slovakia (X tons) was the main destination for grapefruit juice (single strength) exports from the Czech Republic, accounting for a 87% share of total exports. Moreover, grapefruit juice (single strength) exports to Slovakia exceeded the volume sent to the second major destination, Poland (X tons), ninefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Slovakia amounted to -6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+28.2% per year) and Malta (-4.3% per year).

In value terms, Slovakia ($X) remains the key foreign market for grapefruit juice (single strength) exports from the Czech Republic, comprising 94% of total exports. The second position in the ranking was taken by Poland ($X), with a 4% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Slovakia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+21.6% per year) and Malta (-4.8% per year).

Export Prices by Country

In 2021, the average grapefruit juice (single strength) export price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the export price, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 90% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Poland ($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 Slovakia (+7.6%), while the prices for the other major destinations experienced a decline.

Imports of Grapefruit Juice (Single Strength)

Imports into the Czech Republic

In 2021, overseas purchases of grapefruit juice (single strength) increased by 16% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, saw a noticeable decline. The pace of growth appeared the most rapid in 2020 when imports increased by 58%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, grapefruit juice (single strength) imports reached $X in 2021. Over the period under review, total imports indicated tangible growth 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, imports increased by +37.4% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 31% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

Poland (X tons), Austria (X tons) and Slovakia (X tons) were the main suppliers of grapefruit juice (single strength) imports to the Czech Republic, with a combined 92% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +78.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest grapefruit juice (single strength) suppliers to the Czech Republic were Slovakia ($X), Austria ($X) and Poland ($X), together comprising 93% of total imports.

Slovakia, with a CAGR of +79.7%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average grapefruit juice (single strength) import price stood at $X per ton in 2021, reducing by -5% against the previous year. Overall, the import price, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2013 an increase of 57% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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