Italy: Market for Concentrated Lemon And Other Citrus Fruit Juice 2024

Market Size for Concentrated Lemon And Other Citrus Fruit Juice in Italy

The Italian market for concentrated lemon and other citrus fruit juice fell dramatically to $X in 2021, with a decrease of -46.8% against the previous year. Overall, consumption showed a noticeable downturn. Consumption of peaked at $X in 2020, and then declined markedly in the following year.

Production of Concentrated Lemon And Other Citrus Fruit Juice in Italy

In value terms, production of concentrated lemon and other citrus fruit juice declined slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by 15%. Production of peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Concentrated Lemon And Other Citrus Fruit Juice

Exports from Italy

In 2021, after two years of decline, there was significant growth in overseas shipments of concentrated lemon and other citrus fruit juice, when their volume increased by 21% to X tons. The total export volume increased at an average annual rate of +4.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of concentrated lemon and other citrus fruit juice surged to $X in 2021. Overall, total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 44%. Over the period under review, the exports of attained the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Japan (X tons), China (X tons) and France (X tons) were the main destinations of exports of concentrated lemon and other citrus fruit juice from Italy, together comprising 53% of total exports. The UK, Germany, the United States, the Netherlands, Austria, Canada, Switzerland, Greece and Spain lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +41.1%), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) remains the key foreign market for concentrated lemon and other citrus fruit juice exports from Italy, comprising 31% of total exports. The second position in the ranking was held by China ($X), with a 13% share of total exports. It was followed by France, with a 9.7% share.

From 2012 to 2021, the average annual growth rate of value to Japan amounted to +7.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+14.7% per year) and France (+1.6% per year).

Export Prices by Country

The average export price for concentrated lemon and other citrus fruit juice stood at $X per ton in 2021, growing by 2.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2014 an increase of 20% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Spain ($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 Switzerland (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Concentrated Lemon And Other Citrus Fruit Juice

Imports into Italy

In 2021, imports of concentrated lemon and other citrus fruit juice into Italy contracted to X tons, reducing by -10.1% compared with 2020. In general, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2013 when imports increased by 115% against the previous year. Imports peaked at X tons in 2020, and then fell in the following year.

In value terms, imports of concentrated lemon and other citrus fruit juice reduced to $X in 2021. Over the period under review, imports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2013 when imports increased by 84%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Argentina (X tons) and Bolivia (X tons) were the main suppliers of imports of concentrated lemon and other citrus fruit juice to Italy, together accounting for 71% of total imports. These countries were followed by Germany, Spain, Brazil, South Africa, Austria and Mexico, which together accounted for a further 22%.

From 2012 to 2021, the biggest increases were in Brazil (with a CAGR of +57.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Argentina ($X) and Germany ($X) appeared to be the largest concentrated lemon and other citrus fruit juice suppliers to Italy, with a combined 67% share of total imports. These countries were followed by Bolivia, Spain, Brazil, South Africa, Austria and Mexico, which together accounted for a further 20%.

Brazil, with a CAGR of +50.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for concentrated lemon and other citrus fruit juice stood at $X per ton in 2021, increasing by 3.9% against the previous year. In general, the import price, however, continues to indicate a mild slump. The most prominent rate of growth was recorded in 2014 an increase of 23% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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