Italy: Concentrated Orange Juice Market 2024

Concentrated Orange Juice Market Size in Italy

In 2021, the Italian concentrated orange juice market decreased by -62% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption, however, continues to indicate a strong increase. Concentrated orange juice consumption peaked at $X in 2020, and then shrank markedly in the following year.

Concentrated Orange Juice Production in Italy

In value terms, concentrated orange juice production shrank to $X in 2021 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 18%. Concentrated orange juice production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Concentrated Orange Juice Exports

Exports from Italy

In 2021, shipments abroad of concentrated orange juice was finally on the rise to reach X tons after two years of decline. Overall, exports, however, continue to indicate a mild curtailment. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, concentrated orange juice exports surged to $X in 2021. Over the period under review, exports, however, saw a mild decline. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for concentrated orange juice exports from Italy, accounting for a 34% share of total exports. Moreover, concentrated orange juice exports to Germany exceeded the volume sent to the second major destination, Austria (X tons), threefold. The Netherlands (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at -5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+10.4% per year) and the Netherlands (+6.6% per year).

In value terms, the largest markets for concentrated orange juice exported from Italy were Germany ($X), Austria ($X) and the Netherlands ($X), together comprising 55% of total exports. These countries were followed by France, the United States, Belgium, Poland, Russia, Japan, Algeria and Switzerland, which together accounted for a further 32%.

Poland, with a CAGR of +67.9%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average concentrated orange juice export price amounted to $X per ton, increasing by 4.9% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 18%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Japan ($X per ton), while the average price for exports to Russia ($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 Belgium (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Orange Juice Imports

Imports into Italy

After two years of growth, supplies from abroad of concentrated orange juice decreased by -5.8% to X tons in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 29%. As a result, imports reached the peak of X tons, and then dropped in the following year.

In value terms, concentrated orange juice imports totaled $X in 2021. In general, imports showed a perceptible curtailment. The growth pace was the most rapid in 2017 with an increase of 24% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Brazil (X tons) were the main suppliers of concentrated orange juice imports to Italy, together comprising 62% of total imports. Germany, Spain, Turkey, South Africa, Mexico and Argentina lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +24.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest concentrated orange juice suppliers to Italy were the Netherlands ($X), Belgium ($X) and Germany ($X), together comprising 64% of total imports. Brazil, Spain, Mexico, South Africa, Turkey and Argentina lagged somewhat behind, together comprising a further 29%.

Spain, with a CAGR of +24.3%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average concentrated orange juice import price amounted to $X per ton, rising by 8.5% against the previous year. In general, the import price, however, continues to indicate a noticeable slump. The growth pace was the most rapid in 2017 an increase of 15%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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