Israel: Market for Grapefruit Juice (Single Strength) 2024

Market Size for Grapefruit Juice (Single Strength) in Israel

The Israeli grapefruit juice (single strength) market stood at $X in 2021, increasing by 1.9% against the previous year. Over the period under review, consumption, however, continues to indicate a prominent increase. Grapefruit juice (single strength) consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Grapefruit Juice (Single Strength) in Israel

In value terms, grapefruit juice (single strength) production rose notably to $X in 2021 estimated in export price. Over the period under review, the total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -5.8% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 60% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Grapefruit Juice (Single Strength)

Exports from Israel

In 2021, overseas shipments of grapefruit juice (single strength) increased by 3.2% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports, however, faced a deep reduction. The growth pace was the most rapid in 2020 with an increase of 11%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, grapefruit juice (single strength) exports rose to $X in 2021. Overall, exports, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when exports increased by 15%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for grapefruit juice (single strength) exports from Israel, with a 55% share of total exports. Moreover, grapefruit juice (single strength) exports to the Netherlands exceeded the volume sent to the second major destination, France (X tons), threefold. China (X tons) ranked third in terms of total exports with a 17% share.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands stood at -12.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+0.2% per year) and China (+33.9% per year).

In value terms, the Netherlands ($X) remains the key foreign market for grapefruit juice (single strength) exports from Israel, comprising 55% of total exports. The second position in the ranking was taken by France ($X), with a 22% share of total exports. It was followed by China, with a 17% share.

From 2012 to 2021, the average annual growth rate of value to the Netherlands totaled -6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+3.8% per year) and China (+36.4% per year).

Export Prices by Country

In 2021, the average grapefruit juice (single strength) export price amounted to $X per ton, approximately reflecting the previous year. In general, export price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, grapefruit juice (single strength) export price decreased by -11.0% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of 61% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($X per ton) and Belgium ($X per ton), while the average price for exports to China ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grapefruit Juice (Single Strength)

Imports into Israel

In 2021, after two years of growth, there was significant decline in purchases abroad of grapefruit juice (single strength), when their volume decreased by -88.3% to X tons. Over the period under review, imports showed a slight contraction. The growth pace was the most rapid in 2017 when imports increased by 1,006% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020, and then contracted significantly in the following year.

In value terms, grapefruit juice (single strength) imports declined rapidly to $X in 2021. In general, imports, however, recorded moderate growth. The most prominent rate of growth was recorded in 2017 when imports increased by 1,100%. Imports peaked at $X in 2020, and then declined sharply in the following year.

Imports by Country

Hungary (X tons), Austria (X tons) and France (X tons) were the main suppliers of grapefruit juice (single strength) imports to Israel, with a combined 94% share of total imports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +40.2%), while purchases for the other leaders experienced a decline.

In value terms, Hungary ($X), Austria ($X) and France ($X) were the largest grapefruit juice (single strength) suppliers to Israel, together accounting for 94% of total imports.

Among the main suppliers, France, with a CAGR of +28.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average grapefruit juice (single strength) import price amounted to $X per ton, declining by -8.3% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +3.8% 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 -16.9% against 2019 indices. The pace of growth was the most pronounced in 2015 an increase of 41%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Austria ($X per ton) and Spain ($X per ton), while the price for Hungary ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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