Ireland: Market for Grapefruit Juice (Single Strength) 2024

Market Size for Grapefruit Juice (Single Strength) in Ireland

The Irish grapefruit juice (single strength) market reached $X in 2021, picking up by 7.3% against the previous year. Overall, consumption showed a relatively flat trend pattern. Grapefruit juice (single strength) consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Grapefruit Juice (Single Strength) in Ireland

In value terms, grapefruit juice (single strength) production reached $X in 2021 estimated in export price. In general, production, however, recorded a slight decrease. The growth pace was the most rapid in 2018 with an increase of 22% against the previous year. Grapefruit juice (single strength) production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Grapefruit Juice (Single Strength)

Exports from Ireland

In 2021, shipments abroad of grapefruit juice (single strength) decreased by -10.6% to X tons, falling for the second year in a row after four years of growth. Overall, exports showed a deep setback. The pace of growth was the most pronounced in 2019 when exports increased by 35%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, grapefruit juice (single strength) exports reduced to $X in 2021. Over the period under review, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2018 when exports increased by 49% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons) was the main destination for grapefruit juice (single strength) exports from Ireland, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the UK totaled -7.7%.

In value terms, the UK ($X) also remains the key foreign market for grapefruit juice (single strength) exports from Ireland.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK totaled -6.2%.

Export Prices by Country

In 2021, the average grapefruit juice (single strength) export price amounted to $X per ton, with an increase of 2.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2018 when the average export price increased by 27%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to +1.6% per year.

Imports of Grapefruit Juice (Single Strength)

Imports into Ireland

In 2021, purchases abroad of grapefruit juice (single strength) increased by 12% to X tons, rising for the second consecutive year after five years of decline. In general, imports, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2020 with an increase of 143% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, grapefruit juice (single strength) imports surged to $X in 2021. Overall, imports showed a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Mexico (X tons) constituted the largest supplier of grapefruit juice (single strength) to Ireland, with a 61% share of total imports. Moreover, grapefruit juice (single strength) imports from Mexico exceeded the figures recorded by the second-largest supplier, South Africa (X tons), fourfold. The UK (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Mexico stood at +880.6%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-6.1% per year) and the UK (-16.5% per year).

In value terms, Mexico ($X) constituted the largest supplier of grapefruit juice (single strength) to Ireland, comprising 56% of total imports. The second position in the ranking was taken by South Africa ($X), with a 26% share of total imports. It was followed by the UK, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Mexico stood at +797.4%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-8.1% per year) and the UK (-13.3% per year).

Import Prices by Country

The average grapefruit juice (single strength) import price stood at $X per ton in 2021, growing by 52% against the previous year. Overall, import price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, grapefruit juice (single strength) import price decreased by -13.6% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the average import price increased by 102%. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Paraguay (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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