Europe: Market for Grapefruit Juice (Single Strength) 2024

Market Size for Grapefruit Juice (Single Strength) in Europe

The Europe grapefruit juice (single strength) market reduced to $X in 2021, which is down by -12.6% against the previous year. In general, consumption continues to indicate a abrupt slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Grapefruit Juice (Single Strength) in Europe

In value terms, grapefruit juice (single strength) production dropped to $X in 2021 estimated in export price. Overall, production recorded a perceptible setback. The growth pace was the most rapid in 2020 with an increase of 76%. The level of production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Exports of Grapefruit Juice (Single Strength)

Exports in Europe

In 2021, shipments abroad of grapefruit juice (single strength) decreased by -8.1% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports saw a noticeable descent. The growth pace was the most rapid in 2020 when exports increased by 45% 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 shrank slightly to $X in 2021. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 41% against the previous year. As a result, the exports reached the peak of $X, and then contracted slightly in the following year.

Exports by Country

In 2021, the Netherlands (X tons) was the major exporter of grapefruit juice (single strength), mixing up 44% of total exports. Spain (X tons) took the second position in the ranking, followed by Germany (X tons), Belgium (X tons) and France (X tons). All these countries together took near 45% share of total exports. The following exporters - Austria (X tons) and Poland (X tons) - together made up 5.5% of total exports.

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 Europe, with a CAGR of +17.9% from 2012-2021. By contrast, Germany (-1.5%), Austria (-6.3%) and Belgium (-9.4%) illustrated a downward trend over the same period. While the share of Spain (+13 p.p.), France (+2.3 p.p.) and the Netherlands (+1.8 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Austria (-1.6 p.p.) and Belgium (-11.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In the Netherlands, grapefruit juice (single strength) exports expanded at an average annual rate of +1.7% over the period from 2012-2021. 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 Europe amounted to $X per ton, growing by 7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2018 an increase of 14% against the previous year. The level of export peaked 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 ($X per ton), while Poland ($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 Europe

In 2021, grapefruit juice (single strength) imports in Europe declined to X tons, dropping by -4.4% on 2020. Overall, imports saw a perceptible slump. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, grapefruit juice (single strength) imports shrank to $X in 2021. In general, imports showed a pronounced decline. The pace of growth appeared the most rapid in 2016 when imports increased by 12% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X tons) represented the key importer of grapefruit juice (single strength), creating 36% of total imports. France (X tons) ranks second in terms of the total imports with a 21% share, followed by Belgium (17%), the UK (7%) and Germany (6.8%). Italy (X tons) and Switzerland (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +4.6%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest grapefruit juice (single strength) importing markets in Europe were the Netherlands ($X), France ($X) and Belgium ($X), with a combined 64% share of total imports. The UK, Germany, Italy and Switzerland lagged somewhat behind, together comprising a further 24%.

The UK, with a CAGR of +3.7%, recorded the highest growth rate of the value of imports, in terms of 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

In 2021, the import price in Europe amounted to $X per ton, falling by -7.3% against the previous year. In general, the import price, however, continues to indicate a mild expansion. The most prominent rate of growth was recorded in 2018 an increase of 21%. The level of import peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

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 Switzerland ($X per ton), while Belgium ($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