Southern Asia: Market for Grapefruit Juice (Single Strength) 2024

Market Size for Grapefruit Juice (Single Strength) in Southern Asia

The South Asian grapefruit juice (single strength) market reached $X in 2021, approximately reflecting the previous year. The total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +18.5% against 2015 indices. The level of consumption peaked in 2021 and is expected to retain growth in the near future.

Production of Grapefruit Juice (Single Strength) in Southern Asia

In value terms, grapefruit juice (single strength) production contracted to $X in 2021 estimated in export price. Overall, production, however, posted resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of 53%. Over the period under review, production hit record highs at $X in 2020, and then fell in the following year.

Exports of Grapefruit Juice (Single Strength)

Exports in Southern Asia

In 2021, grapefruit juice (single strength) exports in Southern Asia expanded to X tons, with an increase of 3.8% on the year before. Overall, exports posted a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of 53% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2019; afterwards, it flattened through to 2021.

In value terms, grapefruit juice (single strength) exports fell modestly to $X in 2021. Over the period under review, exports saw a strong increase. The most prominent rate of growth was recorded in 2014 when exports increased by 89% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; afterwards, it flattened through to 2021.

Exports by Country

Nepal dominates exports structure, reaching X tons, which was near 93% of total exports in 2021. It was distantly followed by India (X tons), constituting a 7.4% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to grapefruit juice (single strength) exports from Nepal stood at +12.5%. At the same time, India (+35.6%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +35.6% from 2012-2021. From 2012 to 2021, the share of India increased by +7.4 percentage points.

In value terms, Nepal ($X) remains the largest grapefruit juice (single strength) supplier in Southern Asia, comprising 86% of total exports. The second position in the ranking was held by India ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Nepal stood at +7.7%.

Export Prices by Country

In 2021, the export price in Southern Asia amounted to $X per ton, declining by -4% against the previous year. Over the period under review, the export price saw a perceptible slump. The pace of growth appeared the most rapid in 2014 an increase of 24%. Over the period under review, the export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while Nepal totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+0.1%).

Imports of Grapefruit Juice (Single Strength)

Imports in Southern Asia

In 2021, approx. X tons of grapefruit juice (single strength) were imported in Southern Asia; increasing by 15% on the year before. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 190% against the previous year. The volume of import peaked at X tons in 2019; afterwards, it flattened through to 2021.

In value terms, grapefruit juice (single strength) imports soared to $X in 2021. In general, imports saw buoyant growth. The pace of growth was the most pronounced in 2013 when imports increased by 198%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India prevails in imports structure, finishing at X tons, which was approx. 93% of total imports in 2021. It was distantly followed by Maldives (X tons), committing a 5.9% share of total imports.

India was also the fastest-growing in terms of the grapefruit juice (single strength) imports, with a CAGR of +39.5% from 2012 to 2021. At the same time, Maldives (+21.8%) displayed positive paces of growth. From 2012 to 2021, the share of India increased by +68 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported grapefruit juice (single strength) in Southern Asia, comprising 91% of total imports. The second position in the ranking was held by Maldives ($X), with a 6.6% share of total imports.

From 2012 to 2021, the average annual growth rate of value in India stood at +38.9%.

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, growing by 6% against the previous year. In general, the import price, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2014 when the import price increased by 19% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Maldives ($X per ton), while India stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Maldives (+2.5%).

Source: IndexBox Platform

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