Southern Asia: Concentrated Grapefruit Juice Market 2022

Concentrated Grapefruit Juice Market Size in Southern Asia

The South Asian concentrated grapefruit juice market totaled $X in 2021, approximately mirroring the previous year. The market value increased at an average annual rate of +2.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Concentrated Grapefruit Juice Production in Southern Asia

In value terms, concentrated grapefruit juice production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.1% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 when the production volume increased by 16% against the previous year. The level of production peaked at $X in 2020, and then dropped in the following year.

Concentrated Grapefruit Juice Exports

Exports in Southern Asia

In 2021, concentrated grapefruit juice exports in Southern Asia plummeted to X tons, with a decrease of -67.8% compared with 2020 figures. In general, exports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by 78%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, concentrated grapefruit juice exports declined remarkably to $X in 2021. Over the period under review, exports continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2013 when exports increased by 77% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Pakistan represented the major exporting country with an export of about X tons, which recorded 70% of total exports. India (X tons) took a 16% share (based on physical terms) of total exports, which put it in second place, followed by Sri Lanka (14%).

From 2012 to 2021, average annual rates of growth with regard to concentrated grapefruit juice exports from Pakistan stood at -36.7%. India (-11.4%) and Sri Lanka (-19.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of India and Sri Lanka increased by +15 and +11 percentage points, respectively.

In value terms, Sri Lanka ($X), Pakistan ($X) and India ($X) constituted the countries with the highest levels of exports in 2021, with a combined 96% share of total exports.

In terms of the main exporting countries, India, with a CAGR of -11.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, surging by 54% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Sri Lanka ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (+4.4%), while the other leaders experienced mixed trends in the export price figures.

Concentrated Grapefruit Juice Imports

Imports in Southern Asia

Concentrated grapefruit juice imports surged to X tons in 2021, picking up by 40% on 2020 figures. Over the period under review, imports, however, showed a sharp curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by 76% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, concentrated grapefruit juice imports surged to $X in 2021. In general, imports, however, showed a sharp decrease. The growth pace was the most rapid in 2013 with an increase of 75%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Afghanistan (X tons) and Maldives (X tons) dominates imports structure, together making up 81% of total imports. It was distantly followed by India (X tons) and Sri Lanka (X tons), together mixing up a 12% share of total imports. The following importers - Nepal (X tons) and Pakistan (X tons) - each reached a 5.7% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Nepal (with a CAGR of +23.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Maldives ($X) constitutes the largest market for imported concentrated grapefruit juice in Southern Asia, comprising 49% of total imports. The second position in the ranking was taken by Afghanistan ($X), with a 22% share of total imports. It was followed by Sri Lanka, with a 12% share.

In Maldives, concentrated grapefruit juice imports expanded at an average annual rate of +4.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Afghanistan (-32.8% per year) and Sri Lanka (+22.7% per year).

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, jumping by 20% against the previous year. Overall, the import price, however, continues to indicate a mild reduction. The pace of growth was the most pronounced in 2016 when the import price increased by 38%. Over the period under review, import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Sri Lanka ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+7.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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