Europe: Market for Concentrated Lemon And Other Citrus Fruit Juice 2024

Market Size for Concentrated Lemon And Other Citrus Fruit Juice in Europe

The Europe market for concentrated lemon and other citrus fruit juice dropped remarkably to $X in 2021, waning by -15.4% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Production of Concentrated Lemon And Other Citrus Fruit Juice in Europe

In value terms, production of concentrated lemon and other citrus fruit juice stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 13%. Over the period under review, production of attained the maximum level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Concentrated Lemon And Other Citrus Fruit Juice

Exports in Europe

In 2021, shipments abroad of concentrated lemon and other citrus fruit juice increased by 12% to X tons, rising for the third year in a row after three years of decline. The total export volume increased at an average annual rate of +3.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 20%. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, exports of concentrated lemon and other citrus fruit juice expanded rapidly to $X in 2021. The total export value increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 30%. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

The Netherlands was the largest exporter of concentrated lemon and other citrus fruit juice in Europe, with the volume of exports recording X tons, which was near 38% of total exports in 2021. Spain (X tons) ranks second in terms of the total exports with a 22% share, followed by Italy (21%) and Greece (7.5%). Germany (X tons), France (X tons) and Ireland (X tons) held a relatively small share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Ireland (with a CAGR of +17.5%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Italy ($X) and Spain ($X) were the countries with the highest levels of exports in 2021, with a combined 75% share of total exports. These countries were followed by Ireland, Germany, France and Greece, which together accounted for a further 21%.

Ireland, with a CAGR of +25.7%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Europe amounted to $X per ton, waning by -4.7% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 18%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Ireland ($X per ton), while Greece ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+7.0%), while the other leaders experienced more modest paces of growth.

Imports of Concentrated Lemon And Other Citrus Fruit Juice

Imports in Europe

In 2021, the amount of concentrated lemon and other citrus fruit juice imported in Europe contracted slightly to X tons, shrinking by -4.6% on the previous year. The total import volume increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 30%. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, imports of concentrated lemon and other citrus fruit juice shrank to $X in 2021. The total import value increased at an average annual rate of +1.9% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2015 when imports increased by 17% against the previous year. Over the period under review, imports of hit record highs at $X in 2020, and then reduced in the following year.

Imports by Country

In 2021, the Netherlands (X tons), distantly followed by Germany (X tons), Spain (X tons), France (X tons), Italy (X tons), the UK (X tons) and Belgium (X tons) represented the key importers of concentrated lemon and other citrus fruit juice, together achieving 83% of total imports.

From 2012 to 2021, the biggest increases were in Spain (with a CAGR of +16.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and France ($X) were the countries with the highest levels of imports in 2021, with a combined 55% share of total imports. These countries were followed by Italy, the UK, Spain and Belgium, which together accounted for a further 22%.

Italy, with a CAGR of +11.2%, saw the highest rates of growth with regard to 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

In 2021, the import price in Europe amounted to $X per ton, dropping by -4.2% against the previous year. Overall, the import price showed a mild curtailment. The pace of growth appeared the most rapid in 2014 when the import price increased by 15%. Over the period under review, import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+5.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform