France: Market for Grapefruit Juice (Single Strength) 2024

Market Size for Grapefruit Juice (Single Strength) in France

In 2021, the French grapefruit juice (single strength) market decreased by -20% to $X, falling for the third consecutive year after three years of growth. Overall, consumption showed a abrupt setback. Grapefruit juice (single strength) consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of Grapefruit Juice (Single Strength)

Exports from France

Grapefruit juice (single strength) exports from France reduced notably to X tons in 2021, shrinking by -40.3% compared with the previous year's figure. Overall, exports, however, posted a tangible increase. The pace of growth was the most pronounced in 2014 when exports increased by 89% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, grapefruit juice (single strength) exports fell notably to $X in 2021. Over the period under review, exports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of 81% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons), Switzerland (X tons) and Belgium (X tons) were the main destinations of grapefruit juice (single strength) exports from France, together accounting for 74% of total exports. Poland, the Netherlands, Romania, Portugal and the UK lagged somewhat behind, together comprising a further 23%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +73.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for grapefruit juice (single strength) exported from France were Switzerland ($X), Italy ($X) and Belgium ($X), together comprising 73% of total exports. Poland, Romania, the Netherlands, Portugal and the UK lagged somewhat behind, together comprising a further 23%.

Romania, with a CAGR of +90.5%, recorded the highest growth rate of the value of exports, in terms of 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 grapefruit juice (single strength) export price amounted to $X per ton, growing by 14% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2019 when the average export price increased by 20% against the previous year. The export price peaked in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to the Netherlands ($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 Romania (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grapefruit Juice (Single Strength)

Imports into France

Grapefruit juice (single strength) imports into France dropped markedly to X tons in 2021, which is down by -20% on the previous year. Over the period under review, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 7.8% against the previous year. Over the period under review, imports reached the maximum 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 declined markedly to $X in 2021. Overall, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2018 when imports increased by 11%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest grapefruit juice (single strength) supplier to France, with a 45% share of total imports. Moreover, grapefruit juice (single strength) imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Israel (X tons), twofold. The third position in this ranking was held by Belgium (X tons), with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands stood at +15.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (-10.2% per year) and Belgium (-13.1% per year).

In value terms, the largest grapefruit juice (single strength) suppliers to France were the Netherlands ($X), Israel ($X) and Belgium ($X), with a combined 76% share of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +16.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average grapefruit juice (single strength) import price amounted to $X per ton, declining by -6.7% against the previous year. Over the last nine years, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2018 an increase of 21%. As a result, import price reached 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, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for the Netherlands ($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 United States (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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