India: Concentrated Grapefruit Juice Market 2022

Concentrated Grapefruit Juice Market Size in India

In 2021, the Indian concentrated grapefruit juice market decreased by -8.7% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption, however, showed resilient growth. Over the period under review, the market hit record highs at $X in 2020, and then shrank in the following year.

Concentrated Grapefruit Juice Production in India

In value terms, concentrated grapefruit juice production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, posted a buoyant expansion. The growth pace was the most rapid in 2016 with an increase of 56%. Over the period under review, production hit record highs at $X in 2020, and then contracted in the following year.

Concentrated Grapefruit Juice Exports

Exports from India

In 2021, the amount of concentrated grapefruit juice exported from India declined to X tons, which is down by -10% compared with 2020 figures. Over the period under review, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 375% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, concentrated grapefruit juice exports shrank rapidly to $X in 2021. In general, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2016 when exports increased by 463%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Kuwait (X tons), Nepal (X tons) and Maldives (X kg) were the main destinations of concentrated grapefruit juice exports from India, together comprising 64% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Maldives (with a CAGR of +50.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for concentrated grapefruit juice exported from India were Nepal ($X), Maldives ($X) and the United States ($X), with a combined 53% share of total exports.

Maldives, with a CAGR of +38.0%, saw 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 concentrated grapefruit juice export price amounted to $X per ton, which is down by -19.6% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2020, and then dropped notably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was France ($X per ton), while the average price for exports to Kuwait ($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 Saudi Arabia (+52.2%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Grapefruit Juice Imports

Imports into India

After two years of growth, purchases abroad of concentrated grapefruit juice decreased by -4.2% to X tons in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 375% against the previous year. Imports peaked at X tons in 2020, and then fell slightly in the following year.

In value terms, concentrated grapefruit juice imports contracted to $X in 2021. Overall, imports continue to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2014 when imports increased by 322%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Poland (X tons), Israel (X tons) and Italy (X tons) were the main suppliers of concentrated grapefruit juice imports to India, with a combined 75% share of total imports. These countries were followed by South Africa, the UK, South Korea and Spain, which together accounted for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +28.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constituted the largest supplier of concentrated grapefruit juice to India, comprising 37% of total imports. The second position in the ranking was taken by South Korea ($X), with an 11% share of total imports. It was followed by Israel, with a 9.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Poland amounted to -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+2.9% per year) and Israel (+0.7% per year).

Import Prices by Country

In 2021, the average concentrated grapefruit juice import price amounted to $X per ton, which is down by -9.9% against the previous year. Overall, the import price showed a perceptible descent. The pace of growth appeared the most rapid in 2018 when the average import price increased by 16% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+16.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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