Eastern Europe: Concentrated Grapefruit Juice Market 2022

Concentrated Grapefruit Juice Market Size in Eastern Europe

The East European concentrated grapefruit juice market rose modestly to $X in 2021, surging by 3.3% against the previous year. In general, consumption, however, continues to indicate a abrupt downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Concentrated Grapefruit Juice Production in Eastern Europe

In value terms, concentrated grapefruit juice production contracted to $X in 2021 estimated in export price. In general, production recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by 20%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Concentrated Grapefruit Juice Exports

Exports in Eastern Europe

In 2021, overseas shipments of concentrated grapefruit juice were finally on the rise to reach X tons after three years of decline. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2015 when exports increased by 743% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, concentrated grapefruit juice exports fell modestly to $X in 2021. Over the period under review, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of 274%. The level of export peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Romania (X tons), together reaching 98% of total export.

Romania was also the fastest-growing in terms of the concentrated grapefruit juice exports, with a CAGR of +77.3% from 2012 to 2021. Romania (+95 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Romania ($X) also remains the largest concentrated grapefruit juice supplier in Eastern Europe.

In Romania, concentrated grapefruit juice exports expanded at an average annual rate of +50.7% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, waning by -5.2% against the previous year. Overall, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2014 an increase of 8.6%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Romania.

From 2012 to 2021, the rate of growth in terms of prices for Romania amounted to -15.0% per year.

Concentrated Grapefruit Juice Imports

Imports in Eastern Europe

Concentrated grapefruit juice imports expanded notably to X tons in 2021, with an increase of 9.2% compared with the previous year's figure. Overall, imports, however, saw a deep setback. The growth pace was the most rapid in 2019 with an increase of 18% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, concentrated grapefruit juice imports totaled $X in 2021. In general, imports, however, continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2019 when imports increased by 15% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The purchases of the three major importers of concentrated grapefruit juice, namely Bulgaria, Poland and Russia, represented more than two-thirds of total import. It was distantly followed by Romania (X tons), making up an 11% share of total imports. The following importers - Belarus (X tons) and Ukraine (X tons) - each accounted for a 4.3% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Bulgaria (with a CAGR of +46.3%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Russia ($X), Poland ($X) and Romania ($X) were the countries with the highest levels of imports in 2021, together accounting for 74% of total imports. These countries were followed by Bulgaria, Belarus and Ukraine, which together accounted for a further 18%.

Bulgaria, with a CAGR of +19.3%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, waning by -5.2% against the previous year. In general, the import price continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2018 an increase of 24% against the previous year. Over the period under review, import prices attained the maximum 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 importing countries. In 2021, the country with the highest price was Ukraine ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+2.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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