Ireland: Market for Orange Juice (Single Strength) 2024

Market Size for Orange Juice (Single Strength) in Ireland

The Irish orange juice (single strength) market surged to $X in 2022, rising by 36% against the previous year. Over the period under review, consumption posted a tangible expansion. Orange juice (single strength) consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Orange Juice (Single Strength) in Ireland

In value terms, orange juice (single strength) production stood at $X in 2022 estimated in export price. Over the period under review, production, however, showed a perceptible slump. The growth pace was the most rapid in 2017 with an increase of 13% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Orange Juice (Single Strength)

Exports from Ireland

In 2022, approx. X tons of orange juice (single strength) were exported from Ireland; reducing by -11.4% against the year before. Overall, total exports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +9.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, orange juice (single strength) exports reduced to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 37%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X tons) was the main destination for orange juice (single strength) exports from Ireland, with a 99% share of total exports. It was followed by the United Arab Emirates (X kg), with less than 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the UK stood at +6.7%.

In value terms, the UK ($X) emerged as the key foreign market for orange juice (single strength) exports from Ireland, comprising 98% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with less than 0.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK amounted to +4.2%.

Export Prices by Country

In 2022, the average orange juice (single strength) export price amounted to $X per ton, standing approx. at the previous year. In general, the export price saw a noticeable slump. The most prominent rate of growth was recorded in 2017 an increase of 13%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to the UK totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-2.4%).

Imports of Orange Juice (Single Strength)

Imports into Ireland

In 2022, imports of orange juice (single strength) into Ireland amounted to X tons, growing by 5.5% against the year before. In general, imports showed strong growth. The pace of growth was the most pronounced in 2021 when imports increased by 34%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, orange juice (single strength) imports soared to $X in 2022. Overall, imports saw a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of orange juice (single strength) imports to Ireland, together comprising 85% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of +2,642.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest orange juice (single strength) suppliers to Ireland were Brazil ($X), the Netherlands ($X) and Germany ($X), together comprising 86% of total imports.

In terms of the main suppliers, Brazil, with a CAGR of +1,519.8%, 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 more modest paces of growth.

Import Prices by Country

The average orange juice (single strength) import price stood at $X per ton in 2022, growing by 26% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :