Northern America: Apple Juice Market 2024

Apple Juice Market Size in Northern America

The North American apple juice market shrank significantly to $X in 2021, reducing by -16.1% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then fell dramatically in the following year.

Apple Juice Production in Northern America

In value terms, apple juice production fell significantly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 59% against the previous year. As a result, production attained the peak level of $X, and then shrank markedly in the following year.

Apple Juice Exports

Exports in Northern America

In 2021, shipments abroad of apple juice (single strength) increased by 6.9% to X tons, rising for the second consecutive year after four years of decline. Over the period under review, exports, however, recorded a mild setback. The pace of growth appeared the most rapid in 2020 when exports increased by 53%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, apple juice exports rose sharply to $X in 2021. Total exports indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +75.4% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 62%. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in the near future.

Exports by Country

Canada was the largest exporter of apple juice (single strength) in Northern America, with the volume of exports finishing at X tons, which was near 80% of total exports in 2021. It was distantly followed by the United States (X tons), mixing up a 20% share of total exports.

Canada was also the fastest-growing in terms of the apple juice (single strength) exports, with a CAGR of +6.7% from 2012 to 2021. The United States (-12.3%) illustrated a downward trend over the same period. While the share of Canada (+39 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the United States (-39.3 p.p.) displayed negative dynamics.

In value terms, Canada ($X) and the United States ($X) appeared to be the countries with the highest levels of exports in 2021.

Canada, with a CAGR of +5.8%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2016 an increase of 34%. Over the period under review, the export prices attained the maximum in 2021 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+10.3%).

Apple Juice Imports

Imports in Northern America

In 2021, overseas purchases of apple juice (single strength) decreased by -16.3% to X tons, falling for the eighth consecutive year after two years of growth. In general, imports recorded a abrupt decline. The growth pace was the most rapid in 2013 with an increase of 2.2%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, apple juice imports soared to $X in 2021. Total imports indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +105.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 59% against the previous year. The level of import peaked in 2021 and is likely to see gradual growth in the near future.

Imports by Country

Canada was the largest importer of apple juice (single strength) in Northern America, with the volume of imports accounting for X tons, which was approx. 64% of total imports in 2021. It was distantly followed by the United States (X tons), mixing up a 31% share of total imports. Greenland (X tons) followed a long way behind the leaders.

Imports into Canada decreased at an average annual rate of -5.3% from 2012 to 2021. At the same time, Greenland (+12.4%) displayed positive paces of growth. Moreover, Greenland emerged as the fastest-growing importer imported in Northern America, with a CAGR of +12.4% from 2012-2021. By contrast, the United States (-18.3%) illustrated a downward trend over the same period. Canada (+29 p.p.) and Greenland (+3.2 p.p.) significantly strengthened its position in terms of the total imports, while the United States saw its share reduced by -32.9% from 2012 to 2021, respectively.

In value terms, the United States ($X) constitutes the largest market for imported apple juice (single strength) in Northern America, comprising 70% of total imports. The second position in the ranking was held by Canada ($X), with a 28% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the United States totaled +3.5%. In the other countries, the average annual rates were as follows: Canada (-2.2% per year) and Greenland (+8.9% per year).

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, picking up by 54% against the previous year. In general, the import price saw a prominent increase. The most prominent rate of growth was recorded in 2020 when the import price increased by 107% against the previous year. Over the period under review, import prices hit record highs in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+26.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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