EU: Market for Orange Juice (Single Strength) 2024

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

The EU orange juice (single strength) market reduced to $X in 2022, waning by -13.1% against the previous year. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Orange Juice (Single Strength) in the EU

In value terms, orange juice (single strength) production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 11% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Orange Juice (Single Strength)

Exports in the EU

In 2022, the amount of orange juice (single strength) exported in the European Union dropped rapidly to X tons, declining by -24.3% against the previous year. Over the period under review, exports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 60%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, orange juice (single strength) exports dropped markedly to $X in 2022. Overall, exports showed a slight downturn. The pace of growth was the most pronounced in 2020 when exports increased by 49% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons), Spain (X tons), Germany (X tons) and Belgium (X tons) represented roughly 82% of total exports in 2022. Poland (X tons), Austria (X tons), Denmark (X tons) and France (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Poland (with a CAGR of +10.0%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Spain ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 64% share of total exports. Belgium, Austria, France, Denmark and Poland lagged somewhat behind, together comprising a further 30%.

In terms of the main exporting countries, Poland, with a CAGR of +8.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, increasing by 1.6% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 5.9%. Over the period under review, the export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.1%), while the other leaders experienced more modest paces of growth.

Imports of Orange Juice (Single Strength)

Imports in the EU

In 2022, purchases abroad of orange juice (single strength) decreased by -25.9% to X tons, falling for the second year in a row after three years of growth. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 45%. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, orange juice (single strength) imports shrank dramatically to $X in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 21% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

France (X tons) and the Netherlands (X tons) represented roughly 51% of total imports in 2022. Germany (X tons) took a 15% share (based on physical terms) of total imports, which put it in second place, followed by Belgium (15%). The following importers - Spain (X tons), Sweden (X tons), the Czech Republic (X tons) and Poland (X tons) - together made up 8.7% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Spain (with a CAGR of +35.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and Germany ($X) were the countries with the highest levels of imports in 2022, with a combined 59% share of total imports. Belgium, Spain, Sweden, Poland and the Czech Republic lagged somewhat behind, together accounting for a further 25%.

Spain, with a CAGR of +40.2%, 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 more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, with an increase of 5.7% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 15% against the previous year. Over the period under review, import prices hit record highs 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 destination: amid the top importers, the country with the highest price was Spain ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+3.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :