MERCOSUR: Concentrated Apple Juice Market 2024

Concentrated Apple Juice Market Size in MERCOSUR

The MERCOSUR concentrated apple juice market dropped remarkably to $X in 2021, which is down by -15.7% against the previous year. The total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -17.1% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Concentrated Apple Juice Production in MERCOSUR

In value terms, concentrated apple juice production rose to $X in 2021 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 14% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Concentrated Apple Juice Exports

Exports in MERCOSUR

In 2021, concentrated apple juice exports in MERCOSUR soared to X tons, picking up by 43% against the previous year's figure. In general, exports, however, continue to indicate a noticeable reduction. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, concentrated apple juice exports surged to $X in 2021. Overall, exports, however, recorded a abrupt slump. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Chile represented the largest exporting country with an export of around X tons, which recorded 70% of total exports. Brazil (X tons) ranks second in terms of the total exports with a 21% share, followed by Argentina (9.2%).

Chile was also the fastest-growing in terms of the concentrated apple juice exports, with a CAGR of +2.9% from 2012 to 2021. Brazil (-5.6%) and Argentina (-13.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Chile increased by +25 percentage points.

In value terms, Chile ($X) remains the largest concentrated apple juice supplier in MERCOSUR, comprising 72% of total exports. The second position in the ranking was held by Brazil ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Chile stood at -1.0%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (-7.9% per year) and Argentina (-14.9% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2021, growing by 8.7% against the previous year. In general, the export price, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2018 an increase of 11%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (-2.1%), while the other leaders experienced a decline in the export price figures.

Concentrated Apple Juice Imports

Imports in MERCOSUR

In 2021, approx. X tons of concentrated apple juice were imported in MERCOSUR; shrinking by -4.2% on the previous year's figure. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 40%. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, concentrated apple juice imports reduced to $X in 2021. Over the period under review, imports continue to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2019 with an increase of 24%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

The purchases of the five major importers of concentrated apple juice, namely Chile, Uruguay, Peru, Argentina and Colombia, represented more than two-thirds of total import. The following importers - Ecuador (X tons) and Venezuela (X tons) - each resulted at an 8% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Chile (with a CAGR of +12.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest concentrated apple juice importing markets in MERCOSUR were Chile ($X), Uruguay ($X) and Peru ($X), together accounting for 65% of total imports.

In terms of the main importing countries, Chile, with a CAGR of +12.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2021, growing by 4.1% against the previous year. In general, the import price, however, continues to indicate a perceptible downturn. The growth pace was the most rapid in 2018 when the import price increased by 14% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Uruguay ($X per ton) and Ecuador ($X per ton), while Venezuela ($X per ton) and Argentina ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ecuador (-0.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform