Europe: Market for Orange Juice (Single Strength) 2024

Market Size for Orange Juice (Single Strength) in Europe

In 2021, after two years of decline, there was significant growth in the Europe orange juice (single strength) market, when its value increased by 7.1% to $X. The market value increased at an average annual rate of +4.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Orange Juice (Single Strength) in Europe

In value terms, orange juice (single strength) production totaled $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 11%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Exports of Orange Juice (Single Strength)

Exports in Europe

In 2021, exports of orange juice (single strength) in Europe shrank slightly to X tons, with a decrease of -4.8% on 2020. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 60%. As a result, the exports attained the peak of X tons, and then declined modestly in the following year.

In value terms, orange juice (single strength) exports declined slightly to $X in 2021. The total export value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 48% against the previous year. As a result, the exports reached the peak of $X, leveling off in the following year.

Exports by Country

In 2021, Belgium (X tons) and the Netherlands (X tons) were the main exporters of orange juice (single strength) in Europe, together accounting for near 56% of total exports. Germany (X tons) held a 16% share (based on physical terms) of total exports, which put it in second place, followed by Spain (13%). Poland (X tons), Austria (X tons) and Denmark (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Poland (with a CAGR of +11.9%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the Netherlands ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2021, with a combined 70% share of total exports. Spain, Austria, Denmark and Poland lagged somewhat behind, together accounting for a further 22%.

Among the main exporting countries, Poland, with a CAGR of +9.6%, recorded the highest rates of growth with regard to 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

The export price in Europe stood at $X per ton in 2021, picking up by 4.4% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the export price increased by 6.4%. Over the period under review, the export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+2.0%), while the other leaders experienced more modest paces of growth.

Imports of Orange Juice (Single Strength)

Imports in Europe

After three years of growth, supplies from abroad of orange juice (single strength) decreased by -0.5% to X tons in 2021. Total imports indicated measured growth from 2012 to 2021: its volume increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +48.2% against 2015 indices. The pace of growth appeared the most rapid in 2020 with an increase of 38% against the previous year. As a result, imports reached the peak of X tons, leveling off in the following year.

In value terms, orange juice (single strength) imports amounted to $X in 2021. The total import value increased at an average annual rate of +3.7% 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 2016 when imports increased by 23% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in the near future.

Imports by Country

The countries with the highest levels of orange juice (single strength) imports in 2021 were Belgium (X tons), the Netherlands (X tons), France (X tons), Germany (X tons) and the UK (X tons), together finishing at 85% of total import. The following importers - Sweden (X tons) and Spain (X tons) - each finished at a 3.4% share of total imports.

From 2012 to 2021, the biggest increases were in Spain (with a CAGR of +39.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest orange juice (single strength) importing markets in Europe were France ($X), the UK ($X) and Belgium ($X), with a combined 52% share of total imports. The Netherlands, Germany, Sweden and Spain lagged somewhat behind, together comprising a further 31%.

In terms of the main importing countries, Spain, with a CAGR of +37.1%, saw the highest rates of growth with regard to the value of imports, 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, surging by 4.8% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 15% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+1.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform