Japan: Concentrated Grapefruit Juice Market 2022

Concentrated Grapefruit Juice Market Size in Japan

For the third consecutive year, the Japanese concentrated grapefruit juice market recorded decline in sales value, which decreased by -9.5% to $X in 2021. Overall, consumption showed a drastic downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Concentrated Grapefruit Juice Exports

Exports from Japan

In 2021, approx. X tons of concentrated grapefruit juice were exported from Japan; with a decrease of -4.6% compared with the year before. Overall, exports saw a slight reduction. The growth pace was the most rapid in 2018 with an increase of 12% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, concentrated grapefruit juice exports contracted to $X in 2021. In general, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2016 when exports increased by 21%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

South Korea (X tons) was the main destination for concentrated grapefruit juice exports from Japan, accounting for a 73% share of total exports. Moreover, concentrated grapefruit juice exports to South Korea exceeded the volume sent to the second major destination, Taiwan (Chinese) (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume to South Korea amounted to +1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+0.5% per year) and China (+14.0% per year).

In value terms, South Korea ($X) remains the key foreign market for concentrated grapefruit juice exports from Japan, comprising 69% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual growth rate of value to South Korea stood at -4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-4.9% per year) and China (+37.5% per year).

Export Prices by Country

The average concentrated grapefruit juice export price stood at $X per ton in 2021, approximately reflecting the previous year. In general, the export price recorded a abrupt setback. The pace of growth was the most pronounced in 2016 when the average export price increased by 17%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was China ($X per ton), while the average price for exports to South Korea ($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 China (+20.6%), while the prices for the other major destinations experienced a decline.

Concentrated Grapefruit Juice Imports

Imports into Japan

In 2021, imports of concentrated grapefruit juice into Japan dropped slightly to X tons, waning by -2.4% against the year before. Overall, imports saw a abrupt shrinkage. The smallest decline of -0.2% was in 2014. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, concentrated grapefruit juice imports fell to $X in 2021. In general, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2018 with an increase of 55%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Israel (X tons) constituted the largest concentrated grapefruit juice supplier to Japan, accounting for a 57% share of total imports. Moreover, concentrated grapefruit juice imports from Israel exceeded the figures recorded by the second-largest supplier, South Africa (X tons), fourfold. The third position in this ranking was held by Mexico (X tons), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from Israel stood at -4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-1.8% per year) and Mexico (-5.5% per year).

In value terms, Israel ($X) constituted the largest supplier of concentrated grapefruit juice to Japan, comprising 45% of total imports. The second position in the ranking was taken by South Africa ($X), with a 17% share of total imports. It was followed by the United States, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Israel stood at -4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+5.5% per year) and the United States (-14.9% per year).

Import Prices by Country

The average concentrated grapefruit juice import price stood at $X per ton in 2021, reducing by -9.9% against the previous year. Overall, import price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, concentrated grapefruit juice import price decreased by -19.3% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 56%. The import price peaked at $X per ton in 2019; however, from 2020 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 Spain ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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