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

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

After five years of growth, the Czech orange juice (single strength) market decreased by -2.7% to $X in 2022. Over the period under review, consumption, however, continues to indicate a prominent expansion. Orange juice (single strength) consumption peaked at $X in 2021, and then shrank modestly in the following year.

Exports of Orange Juice (Single Strength)

Exports from the Czech Republic

In 2022, the amount of orange juice (single strength) exported from the Czech Republic fell slightly to X tons, almost unchanged from the previous year. In general, exports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2017 with an increase of 21% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, orange juice (single strength) exports declined to $X in 2022. Over the period under review, exports continue to indicate a perceptible downturn. The pace of growth was the most pronounced in 2017 with an increase of 40% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Slovakia (X tons) was the main destination for orange juice (single strength) exports from the Czech Republic, with a 76% share of total exports. Moreover, orange juice (single strength) exports to Slovakia exceeded the volume sent to the second major destination, Poland (X tons), more than tenfold. The third position in this ranking was taken by Ukraine (X tons), with a 3.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Slovakia amounted to -4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+22.7% per year) and Ukraine (0.0% per year).

In value terms, Slovakia ($X) remains the key foreign market for orange juice (single strength) exports from the Czech Republic, comprising 79% of total exports. The second position in the ranking was held by Poland ($X), with a 3.5% share of total exports. It was followed by Ukraine, with a 2.8% share.

From 2012 to 2022, the average annual growth rate of value to Slovakia totaled -3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+18.4% per year) and Ukraine (0.0% per year).

Export Prices by Country

The average orange juice (single strength) export price stood at $X per ton in 2022, shrinking by -6.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2013 an increase of 20% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovakia ($X per ton) and Ukraine ($X per ton), while the average price for exports to Poland ($X per ton) and Malta ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Orange Juice (Single Strength)

Imports into the Czech Republic

In 2022, purchases abroad of orange juice (single strength) decreased by -0.5% to X tons for the first time since 2016, thus ending a five-year rising trend. In general, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 44% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then declined modestly in the following year.

In value terms, orange juice (single strength) imports fell slightly to $X in 2022. Over the period under review, imports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of 45%. Imports peaked at $X in 2021, and then reduced modestly in the following year.

Imports by Country

In 2022, Poland (X tons) constituted the largest supplier of orange juice (single strength) to the Czech Republic, with a 52% share of total imports. Moreover, orange juice (single strength) imports from Poland exceeded the figures recorded by the second-largest supplier, Austria (X tons), threefold. The third position in this ranking was held by Germany (X tons), with a 19% share.

From 2012 to 2022, the average annual growth rate of volume from Poland stood at +15.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+3.0% per year) and Germany (+24.8% per year).

In value terms, the largest orange juice (single strength) suppliers to the Czech Republic were Poland ($X), Germany ($X) and Austria ($X), with a combined 88% share of total imports. Hungary, Spain and Slovakia lagged somewhat behind, together comprising a further 10%.

In terms of the main suppliers, Spain, with a CAGR of +46.9%, saw 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 2022, the average orange juice (single strength) import price amounted to $X per ton, shrinking by -3.6% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 12%. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, 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 Slovakia ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :