Indonesia: Concentrated Grapefruit Juice Market 2022

Concentrated Grapefruit Juice Market Size in Indonesia

The Indonesian concentrated grapefruit juice market surged to $X in 2021, jumping by 56% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a drastic downturn. 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.

Concentrated Grapefruit Juice Exports

Exports from Indonesia

Concentrated grapefruit juice exports from Indonesia contracted markedly to X tons in 2021, waning by -43.4% compared with the year before. Over the period under review, exports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2020 when exports increased by 510% against the previous year. As a result, the exports reached the peak of X tons, and then declined notably in the following year.

In value terms, concentrated grapefruit juice exports declined to $X in 2021. In general, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of 429% against the previous year. The exports peaked at $X in 2020, and then dropped in the following year.

Exports by Country

The Netherlands (X tons) and Japan (X tons) were the main destinations of concentrated grapefruit juice exports from Indonesia.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of +16.8%).

In value terms, the Netherlands ($X) and Japan ($X) constituted the largest markets for concentrated grapefruit juice exported from Indonesia worldwide.

Japan, with a CAGR of +27.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average concentrated grapefruit juice export price stood at $X per ton in 2021, rising by 64% against the previous year. Over the period under review, the export price continues to indicate a tangible expansion. The pace of growth was the most pronounced in 2018 an increase of 127% against the previous year. The export price peaked at $X per ton in 2019; afterwards, it flattened through to 2021.

Average prices varied somewhat for the major foreign markets. In 2021, the country with the highest price was Japan ($X per ton), while the average price for exports to the Netherlands stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+184.6%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Grapefruit Juice Imports

Imports into Indonesia

In 2021, concentrated grapefruit juice imports into Indonesia expanded sharply to X tons, growing by 9.5% against the previous year's figure. In general, imports, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2019 with an increase of 33%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, concentrated grapefruit juice imports surged to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2018 with an increase of 34% against the previous year. 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 United States (X tons) constituted the largest supplier of concentrated grapefruit juice to Indonesia, with a 59% share of total imports. Moreover, concentrated grapefruit juice imports from the United States exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold. South Africa (X tons) ranked third in terms of total imports with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +15.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-14.2% per year) and South Africa (+14.5% per year).

In value terms, the United States ($X) constituted the largest supplier of concentrated grapefruit juice to Indonesia, comprising 70% of total imports. The second position in the ranking was held by Italy ($X), with an 11% share of total imports. It was followed by Singapore, with a 9.3% share.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to +18.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-15.1% per year) and Singapore (-0.2% per year).

Import Prices by Country

In 2021, the average concentrated grapefruit juice import price amounted to $X per ton, picking up by 17% against the previous year. Over the last nine years, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2013 an increase of 34%. The import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Japan ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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