Middle East: Market for Grapefruit Juice (Single Strength) 2024

Market Size for Grapefruit Juice (Single Strength) in the Middle East

The Middle Eastern grapefruit juice (single strength) market was estimated at $X in 2021, therefore, remained relatively stable against the previous year. Over the period under review, consumption, however, saw prominent growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Grapefruit Juice (Single Strength) in the Middle East

In value terms, grapefruit juice (single strength) production reached $X in 2021 estimated in export price. The total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -2.7% against 2019 indices. The pace of growth appeared the most rapid in 2018 with an increase of 55%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Grapefruit Juice (Single Strength)

Exports in the Middle East

In 2021, overseas shipments of grapefruit juice (single strength) increased by 2.8% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports, however, continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2020 when exports increased by 12%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, grapefruit juice (single strength) exports expanded slightly to $X in 2021. In general, exports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2018 when exports increased by 16%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The shipments of the one major exporters of grapefruit juice (single strength), namely Israel, represented more than two-thirds of total export.

Israel was also the fastest-growing in terms of the grapefruit juice (single strength) exports, with a CAGR of -11.4% from 2012 to 2021. Israel (-1.9 p.p.) significantly weakened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Israel ($X) also remains the largest grapefruit juice (single strength) supplier in the Middle East.

From 2012 to 2021, the average annual rate of growth in terms of value in Israel amounted to -6.7%.

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per ton, leveling off at the previous year. Export price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, grapefruit juice (single strength) export price decreased by -10.4% against 2019 indices. The pace of growth was the most pronounced in 2018 when the export price increased by 59% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Israel.

From 2012 to 2021, the rate of growth in terms of prices for Israel amounted to +5.3% per year.

Imports of Grapefruit Juice (Single Strength)

Imports in the Middle East

In 2021, grapefruit juice (single strength) imports in the Middle East rose to X tons, growing by 2.9% against the previous year's figure. Over the period under review, imports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2018 when imports increased by 92%. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, grapefruit juice (single strength) imports fell to $X in 2021. Overall, imports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of 91% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Jordan represented the main importing country with an import of about X tons, which amounted to 49% of total imports. It was distantly followed by Oman (X tons), the United Arab Emirates (X tons) and Bahrain (X tons), together achieving a 33% share of total imports. The following importers - Qatar (X tons), Israel (X tons) and Kuwait (X tons) - each accounted for a 13% share of total imports.

Imports into Jordan increased at an average annual rate of +6.6% from 2012 to 2021. At the same time, Bahrain (+31.5%), Oman (+15.5%) and Kuwait (+12.1%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +31.5% from 2012-2021. Qatar experienced a relatively flat trend pattern. By contrast, Israel (-1.4%) and the United Arab Emirates (-6.8%) illustrated a downward trend over the same period. Jordan (+36 p.p.), Oman (+15 p.p.), Bahrain (+6.5 p.p.), Qatar (+4.4 p.p.), Kuwait (+3.3 p.p.) and Israel (+2.1 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest grapefruit juice (single strength) importing markets in the Middle East were Jordan ($X), Oman ($X) and Bahrain ($X), together comprising 71% of total imports.

Bahrain, with a CAGR of +45.3%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the Middle East amounted to $X per ton, with a decrease of -12.1% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the import price increased by 33%. Over the period under review, import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bahrain ($X per ton), while Jordan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bahrain (+10.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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