Italy: Market for Orange Juice (Single Strength) 2024

Market Size for Orange Juice (Single Strength) in Italy

The Italian orange juice (single strength) market declined slightly to $X in 2022, waning by -4.5% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Orange Juice (Single Strength) in Italy

In value terms, orange juice (single strength) production reached $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 16% against the previous year. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Orange Juice (Single Strength)

Exports from Italy

Orange juice (single strength) exports from Italy soared to X tons in 2022, growing by 37% compared with 2021 figures. Over the period under review, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2016 when exports increased by 153% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, orange juice (single strength) exports soared to $X in 2022. Overall, exports showed a remarkable increase. The growth pace was the most rapid in 2018 when exports increased by 127%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X tons), Malta (X tons) and the United States (X tons) were the main destinations of orange juice (single strength) exports from Italy, with a combined 33% share of total exports. Slovenia, Germany, South Korea, the Netherlands, Japan, Austria, Libya and Switzerland lagged somewhat behind, together accounting for a further 54%.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +62.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Japan ($X) and Germany ($X) constituted the largest markets for orange juice (single strength) exported from Italy worldwide, with a combined 33% share of total exports. Malta, the United States, the Netherlands, Austria, Switzerland, South Korea, Slovenia and Libya lagged somewhat behind, together comprising a further 51%.

Among the main countries of destination, Austria, with a CAGR of +56.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average orange juice (single strength) export price stood at $X per ton in 2022, dropping by -11.9% against the previous year. In general, the export price showed a mild reduction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 14% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+2.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Orange Juice (Single Strength)

Imports into Italy

In 2022, approx. X tons of orange juice (single strength) were imported into Italy; approximately equating the previous year. The total import volume increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 when imports increased by 28%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, orange juice (single strength) imports dropped to $X in 2022. Overall, total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.3% against 2016 indices. The pace of growth appeared the most rapid in 2019 with an increase of 25%. Over the period under review, imports hit record highs at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest orange juice (single strength) supplier to Italy, accounting for a 64% share of total imports. Moreover, orange juice (single strength) imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X tons), fourfold. France (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-2.8% per year) and France (+8.5% per year).

In value terms, Germany ($X) constituted the largest supplier of orange juice (single strength) to Italy, comprising 58% of total imports. The second position in the ranking was held by Austria ($X), with a 15% share of total imports. It was followed by France, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-1.8% per year) and France (+3.4% per year).

Import Prices by Country

The average orange juice (single strength) import price stood at $X per ton in 2022, falling by -12.3% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 10% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, 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 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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