France: Concentrated Grapefruit Juice Market 2022

Concentrated Grapefruit Juice Market Size in France

In 2021, the French concentrated grapefruit juice market was finally on the rise to reach $X for the first time since 2014, thus ending a six-year declining trend. Overall, consumption, however, showed a pronounced decline. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Concentrated Grapefruit Juice Exports

Exports from France

In 2021, exports of concentrated grapefruit juice from France fell remarkably to X tons, waning by -34% compared with the previous year. Over the period under review, exports showed a significant decrease. The most prominent rate of growth was recorded in 2016 with an increase of 111% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, concentrated grapefruit juice exports reduced notably to $X in 2021. In general, exports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by 73%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Hungary (X tons) was the main destination for concentrated grapefruit juice exports from France, accounting for a 33% share of total exports. Moreover, concentrated grapefruit juice exports to Hungary exceeded the volume sent to the second major destination, Belgium (X tons), twofold. The third position in this ranking was held by Ireland (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Hungary amounted to +13.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-28.4% per year) and Ireland (+10.8% per year).

In value terms, the largest markets for concentrated grapefruit juice exported from France were Hungary ($X), the Czech Republic ($X) and Belgium ($X), together accounting for 73% of total exports. These countries were followed by Ireland, Poland, Germany, Luxembourg, Burkina Faso, Russia, Spain, the UK and Switzerland, which together accounted for a further 25%.

Poland, with a CAGR of +31.0%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average concentrated grapefruit juice export price amounted to $X per ton, waning by -7.2% against the previous year. Overall, the export price, however, showed a resilient increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 166%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Grapefruit Juice Imports

Imports into France

In 2021, after four years of decline, there was significant growth in purchases abroad of concentrated grapefruit juice, when their volume increased by 10% to X tons. In general, imports, however, saw a abrupt descent. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, concentrated grapefruit juice imports declined modestly to $X in 2021. Overall, imports, however, saw a abrupt decline. The growth pace was the most rapid in 2018 when imports increased by 20%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Spain (X tons) and Germany (X tons) were the main suppliers of concentrated grapefruit juice imports to France, together accounting for 94% of total imports. Italy, Belgium, South Africa and the United States lagged somewhat behind, together comprising a further 4.2%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +27.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of concentrated grapefruit juice to France, comprising 65% of total imports. The second position in the ranking was held by Spain ($X), with a 23% share of total imports. It was followed by Germany, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands stood at +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-7.1% per year) and Germany (+3.8% per year).

Import Prices by Country

The average concentrated grapefruit juice import price stood at $X per ton in 2021, dropping by -12.2% against the previous year. Overall, the import price, however, saw a moderate increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 78%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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