SADC: Concentrated Grapefruit Juice Market 2022

Concentrated Grapefruit Juice Market Size in SADC

For the third year in a row, the SADC concentrated grapefruit juice market recorded growth in sales value, which increased by 2.8% to $X in 2021. Over the period under review, consumption, however, saw a abrupt contraction. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Concentrated Grapefruit Juice Production in SADC

In value terms, concentrated grapefruit juice production declined modestly to $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of 43%. The level of production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Concentrated Grapefruit Juice Exports

Exports in SADC

In 2021, after two years of decline, there was growth in overseas shipments of concentrated grapefruit juice, when their volume increased by 0.7% to X tons. Overall, exports, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by 57% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, concentrated grapefruit juice exports surged to $X in 2021. Over the period under review, exports continue to indicate a measured expansion. The pace of growth was the most pronounced in 2018 when exports increased by 123%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

South Africa dominates exports structure, accounting for X tons, which was approx. 86% of total exports in 2021. Zambia (X tons) held the second position in the ranking, followed by Swaziland (X tons). All these countries together took approx. 12% share of total exports.

Exports from South Africa decreased at an average annual rate of -5.2% from 2012 to 2021. At the same time, Zambia (+60.5%) displayed positive paces of growth. Moreover, Zambia emerged as the fastest-growing exporter exported in SADC, with a CAGR of +60.5% from 2012-2021. Swaziland experienced a relatively flat trend pattern. From 2012 to 2021, the share of Zambia and Swaziland increased by +6.5 and +1.9 percentage points, respectively.

In value terms, South Africa ($X) remains the largest concentrated grapefruit juice supplier in SADC, comprising 95% of total exports. The second position in the ranking was held by Swaziland ($X), with a 3.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in South Africa amounted to +4.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Swaziland (-0.4% per year) and Zambia (+46.5% per year).

Export Prices by Country

In 2021, the export price in SADC amounted to $X per ton, rising by 35% against the previous year. In general, the export price posted prominent growth. The most prominent rate of growth was recorded in 2017 an increase of 42%. Over the period under review, the export prices hit record highs in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was South Africa ($X per ton), while Zambia ($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 (+10.0%), while the other leaders experienced a decline in the export price figures.

Concentrated Grapefruit Juice Imports

Imports in SADC

In 2021, purchases abroad of concentrated grapefruit juice increased by 74% to X tons, rising for the second consecutive year after four years of decline. Overall, imports enjoyed a modest increase. The volume of import peaked at X tons in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, concentrated grapefruit juice imports surged to $X in 2021. In general, imports, however, saw a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

Botswana (X tons), Democratic Republic of the Congo (X tons) and Lesotho (X tons) represented roughly 69% of total imports in 2021. It was distantly followed by Namibia (X tons) and Mauritius (X tons), together generating a 14% share of total imports. The following importers - Zimbabwe (X tons) and South Africa (X tons) - together made up 7.3% of total imports.

From 2012 to 2021, the biggest increases were in Democratic Republic of the Congo (with a CAGR of +46.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Botswana ($X) constitutes the largest market for imported concentrated grapefruit juice in SADC, comprising 40% of total imports. The second position in the ranking was taken by Democratic Republic of the Congo ($X), with a 13% share of total imports. It was followed by Mauritius, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Botswana amounted to +34.6%. The remaining importing countries recorded the following average annual rates of imports growth: Democratic Republic of the Congo (+30.6% per year) and Mauritius (-7.6% per year).

Import Prices by Country

In 2021, the import price in SADC amounted to $X per ton, with a decrease of -8.7% against the previous year. In general, the import price recorded a pronounced setback. The most prominent rate of growth was recorded in 2019 when the import price increased by 11% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Mauritius ($X per ton), while Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mauritius (+2.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform