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

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

The GCC market for concentrated lemon and other citrus fruit juice totaled $X in 2021, surging by 2.3% against the previous year. In general, consumption, however, continues to indicate a perceptible shrinkage. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Concentrated Lemon And Other Citrus Fruit Juice in GCC

In value terms, production of concentrated lemon and other citrus fruit juice declined to $X in 2021 estimated in export price. Overall, production, however, continues to indicate modest growth. The growth pace was the most rapid in 2018 when the production volume increased by 19%. As a result, production attained the peak level of $X. From 2019 to 2021, production of growth remained at a somewhat lower figure.

Exports of Concentrated Lemon And Other Citrus Fruit Juice

Exports in GCC

In 2021, shipments abroad of concentrated lemon and other citrus fruit juice decreased by -18% to X tons, falling for the fifth consecutive year after five years of growth. Overall, exports saw a perceptible contraction. The pace of growth appeared the most rapid in 2015 when exports increased by 86%. Over the period under review, the exports of reached the maximum at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of concentrated lemon and other citrus fruit juice declined significantly to $X in 2021. In general, exports saw a deep downturn. The pace of growth appeared the most rapid in 2015 when exports increased by 99%. The level of export peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons), Saudi Arabia (X tons) and Kuwait (X tons) represented roughly 92% of total exports in 2021. It was distantly followed by Oman (X tons), making up a 7.5% share of total exports.

From 2012 to 2021, the biggest increases were in Oman (with a CAGR of +42.1%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest concentrated lemon and other citrus fruit juice supplying countries in GCC were the United Arab Emirates ($X), Saudi Arabia ($X) and Kuwait ($X), together accounting for 94% of total exports. Oman lagged somewhat behind, accounting for a further 5.8%.

Oman, with a CAGR of +44.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in GCC stood at $X per ton in 2021, falling by -9.6% against the previous year. Overall, the export price continues to indicate a perceptible setback. The pace of growth appeared the most rapid in 2020 when the export price increased by 16% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+1.9%), while the other leaders experienced more modest paces of growth.

Imports of Concentrated Lemon And Other Citrus Fruit Juice

Imports in GCC

In 2021, approx. X tons of concentrated lemon and other citrus fruit juice were imported in GCC; falling by -38.4% against the year before. Overall, imports showed a precipitous setback. The growth pace was the most rapid in 2017 when imports increased by 61%. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, imports of concentrated lemon and other citrus fruit juice reduced to $X in 2021. In general, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of 23% against the previous year. Over the period under review, imports of attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Oman was the largest importing country with an import of around X tons, which amounted to 51% of total imports. The United Arab Emirates (X tons) took the second position in the ranking, distantly followed by Qatar (X tons). All these countries together took approx. 45% share of total imports. Bahrain (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Oman (with a CAGR of +29.8%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Oman ($X), the United Arab Emirates ($X) and Qatar ($X) constituted the countries with the highest levels of imports in 2021, with a combined 97% share of total imports.

Oman, with a CAGR of +37.4%, saw 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 a decline in the imports figures.

Import Prices by Country

In 2021, the import price in GCC amounted to $X per ton, jumping by 47% against the previous year. Overall, the import price saw a remarkable increase. The pace of growth appeared the most rapid in 2015 when the import price increased by 162%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the 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 the United Arab Emirates ($X per ton), while Qatar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Oman (+5.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform