Portugal: Frozen Orange Juice Market 2020

Frozen Orange Juice Market Size in Portugal

The revenue of the frozen orange juice market in Portugal amounted to $X in 2018, jumping by X% against the previous year. In general, frozen orange juice consumption, however, continues to indicate a deep contraction. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. In that year, the frozen orange juice market attained its peak level of $X. From 2011 to 2018, the growth of the frozen orange juice market failed to regain its momentum.

Frozen Orange Juice Production in Portugal

In value terms, frozen orange juice production amounted to $X in 2018 estimated in export prices. In general, frozen orange juice production, however, continues to indicate a resilient increase. The growth pace was the most rapid in 2010 when production volume increased by X% year-to-year. Frozen orange juice production peaked in 2018 and is likely to continue its growth in the immediate term.

Frozen Orange Juice Exports

Exports from Portugal

In 2018, the exports of frozen unconcentrated orange juice from Portugal amounted to X tons, reducing by -X% against the previous year. Overall, frozen orange juice exports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, frozen orange juice exports reached their maximum at X tons in 2017, and then declined slightly in the following year.

In value terms, frozen orange juice exports totaled $X in 2018. Over the period under review, frozen orange juice exports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Exports peaked at $X in 2017, and then declined slightly in the following year.

Exports by Country

Sweden (X tons), the Philippines (X tons) and Spain (X tons) were the main destinations of frozen orange juice exports from Portugal, together accounting for X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by the Philippines, while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) remains the key foreign market for frozen orange juice exports from Portugal, comprising X% of total frozen orange juice exports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of total exports. It was followed by the Philippines, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Sweden amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+X% per year) and the Philippines (+X% per year).

Export Prices by Country

In 2018, the average frozen orange juice export price amounted to $X per ton, going down by -X% against the previous year. Over the period under review, the frozen orange juice export price continues to indicate a mild decrease. The pace of growth was the most pronounced in 2012 an increase of X% against the previous year. In that year, the average export prices for frozen unconcentrated orange juice reached their peak level of $X per ton. From 2013 to 2018, the growth in terms of the average export prices for frozen unconcentrated orange juice remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Indonesia ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Orange Juice Imports

Imports into Portugal

In 2018, the imports of frozen unconcentrated orange juice into Portugal amounted to X tons, picking up by X% against the previous year. In general, frozen orange juice imports, however, continue to indicate a drastic contraction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked at X tons in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, frozen orange juice imports amounted to $X in 2018. Over the period under review, frozen orange juice imports, however, continue to indicate a drastic deduction. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. Over the period under review, frozen orange juice imports reached their peak figure at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Spain (X tons) constituted the largest supplier of frozen orange juice to Portugal, accounting for a X% share of total imports. Moreover, frozen orange juice imports from Spain exceeded the figures recorded by the second-largest supplier, Egypt (X tons), sixfold. The third position in this ranking was occupied by Germany (X tons), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Spain stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Germany (-X% per year).

In value terms, Spain ($X), Egypt ($X) and Germany ($X) appeared to be the largest frozen orange juice suppliers to Portugal, with a combined X% share of total imports. These countries were followed by the Netherlands, Brazil, Ireland and Malaysia, which together accounted for a further X terms of the main suppliers, Malaysia experienced the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average frozen orange juice import price stood at $X per ton in 2018, increasing by X% against the previous year. In general, the import price indicated a tangible increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for frozen unconcentrated orange juice attained their maximum in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform