Eastern Asia: Frozen Orange Juice Market 2020

Frozen Orange Juice Market Size in Eastern Asia

The revenue of the frozen orange juice market in Eastern Asia amounted to $X in 2018, stabilizing at the previous year. Over the period under review, frozen orange juice consumption continues to indicate a temperate deduction. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the frozen orange juice market reached its maximum level at $X in 2011; however, from 2012 to 2018, consumption failed to regain its momentum.

Frozen Orange Juice Production in Eastern Asia

In value terms, frozen orange juice production stood at $X in 2018 estimated in export prices. Overall, frozen orange juice production continues to indicate a measured contraction. The most prominent rate of growth was recorded in 2010 when production volume increased by X% against the previous year. Over the period under review, frozen orange juice production attained its maximum level at $X in 2011; however, from 2012 to 2018, production stood at a somewhat lower figure.

Production By Country in Eastern Asia

The country with the largest volume of frozen orange juice production was China (X tons), accounting for X% of total production. Moreover, frozen orange juice production in China exceeded the figures recorded by the region's second-largest producer, Japan (X tons), eightfold.

In China, frozen orange juice production shrank by an average annual rate of -X% over the period from 2007-2018. The remaining producing countries recorded the following average annual rates of production growth: Japan (+X% per year) and Democratic People's Republic of Korea (-X% per year).

Frozen Orange Juice Exports

Exports in Eastern Asia

In 2018, the exports of frozen unconcentrated orange juice in Eastern Asia stood at X tons, going down by -X% against the previous year. In general, frozen orange juice exports continue to indicate a drastic deduction. The growth pace was the most rapid in 2015 when exports increased by X% year-to-year. Over the period under review, frozen orange juice exports reached their maximum at X tons in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, frozen orange juice exports amounted to $X in 2018. Over the period under review, frozen orange juice exports continue to indicate a slight downturn. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. The level of exports peaked at $X in 2015; however, from 2016 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, China (X tons) was the major exporter of frozen unconcentrated orange juice, comprising X% of total exports. It was distantly followed by China, Hong Kong SAR (X tons), comprising a X% share of total exports. Taiwan, Chinese (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the frozen unconcentrated orange juice exports, with a CAGR of +X% from 2007 to 2018. China, Hong Kong SAR (-X%) and Taiwan, Chinese (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) increased significantly in terms of the total exports from 2007-2018, the share of China, Hong Kong SAR (-X p.p.) and Taiwan, Chinese (-X p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest frozen orange juice supplier in Eastern Asia, comprising X% of total frozen orange juice exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of value in China stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: China, Hong Kong SAR (-X% per year) and Taiwan, Chinese (-X% per year).

Export Prices by Country

In 2018, the frozen orange juice export price in Eastern Asia amounted to $X per ton, increasing by X% against the previous year. The export price indicated noticeable growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, frozen orange juice export price decreased by -X% against 2013 indices. The most prominent rate of growth was recorded in 2011 when the export price increased by X% against the previous year. The level of export price peaked at $X per ton in 2013; however, from 2014 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Taiwan, Chinese ($X per ton), while China, Hong Kong SAR ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

Frozen Orange Juice Imports

Imports in Eastern Asia

In 2018, the frozen orange juice imports in Eastern Asia amounted to X tons, rising by X% against the previous year. Overall, frozen orange juice imports, however, continue to indicate a significant decline. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The volume of imports peaked at X tons in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, frozen orange juice imports amounted to $X in 2018. In general, frozen orange juice imports, however, continue to indicate a slight descent. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. In that year, frozen orange juice imports attained their peak of $X. From 2012 to 2018, the growth of frozen orange juice imports remained at a lower figure.

Imports by Country

The countries with the highest levels of frozen orange juice imports in 2018 were China (X tons), Japan (X tons) and South Korea (X tons), together reaching X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by South Korea, while the other leaders experienced a decline in the imports figures.

In value terms, China ($X), Japan ($X) and South Korea ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports.

Among the main importing countries, South Korea recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2018, the frozen orange juice import price in Eastern Asia amounted to $X per ton, dropping by -X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011 an increase of X% against the previous year. In that year, the import prices for frozen unconcentrated orange juice attained their peak level of $X per ton. From 2012 to 2018, the growth in terms of the import prices for frozen unconcentrated orange juice remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform