EU: Market for Grapefruit Juice (Single Strength) 2024

Market Size for Grapefruit Juice (Single Strength) in the EU

The EU grapefruit juice (single strength) market declined to $X in 2021, falling by -14.4% against the previous year. Over the period under review, consumption recorded a noticeable decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Grapefruit Juice (Single Strength) in the EU

In value terms, grapefruit juice (single strength) production reduced to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed a strong expansion. The growth pace was the most rapid in 2020 with an increase of 111% against the previous year. As a result, production reached the peak level of $X, and then fell in the following year.

Exports of Grapefruit Juice (Single Strength)

Exports in the EU

In 2021, shipments abroad of grapefruit juice (single strength) decreased by -7.1% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, exports saw a mild decline. The pace of growth was the most pronounced in 2020 with an increase of 44% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, grapefruit juice (single strength) exports dropped modestly to $X in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 41%. As a result, the exports reached the peak of $X, and then dropped modestly in the following year.

Exports by Country

In 2021, the Netherlands (X tons) represented the main exporter of grapefruit juice (single strength), creating 43% of total exports. Spain (X tons) ranks second in terms of the total exports with a 16% share, followed by Germany (12%), Belgium (11%) and France (5.3%). Austria (X tons), Cyprus (X tons) and Poland (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to grapefruit juice (single strength) exports from the Netherlands stood at -1.7%. At the same time, Spain (+17.9%), France (+4.3%) and Poland (+3.7%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +17.9% from 2012-2021. Cyprus experienced a relatively flat trend pattern. By contrast, Germany (-1.5%), Austria (-6.3%) and Belgium (-9.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Spain and France increased by +13 and +2.3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest grapefruit juice (single strength) supplier in the European Union, comprising 45% of total exports. The second position in the ranking was taken by Belgium ($X), with a 13% share of total exports. It was followed by Germany, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands totaled +1.7%. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (-4.2% per year) and Germany (-0.4% per year).

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, growing by 6.1% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2018 an increase of 13%. Over the period under review, the export prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per ton), while Cyprus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+5.8%), while the other leaders experienced more modest paces of growth.

Imports of Grapefruit Juice (Single Strength)

Imports in the EU

In 2021, the amount of grapefruit juice (single strength) imported in the European Union shrank to X tons, with a decrease of -7.1% against the year before. Overall, imports saw a pronounced contraction. The pace of growth was the most pronounced in 2020 with an increase of 22%. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, grapefruit juice (single strength) imports shrank dramatically to $X in 2021. In general, imports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2020 with an increase of 9.8%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands represented the main importing country with an import of around X tons, which recorded 40% of total imports. France (X tons) ranks second in terms of the total imports with a 23% share, followed by Belgium (19%) and Germany (7.6%). Italy (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +0.4%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the Netherlands ($X), France ($X) and Belgium ($X) were the countries with the highest levels of imports in 2021, with a combined 76% share of total imports. Germany and Italy lagged somewhat behind, together accounting for a further 14%.

Among the main importing countries, Italy, with a CAGR of +2.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2021, reducing by -9.1% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 22%. The level of import peaked at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+1.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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