Southern Asia: Mixed Juices Market 2024

Mixed Juices Market Size in Southern Asia

The South Asian mixed juices market contracted to $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of +2.7% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Mixed Juices Production in Southern Asia

In value terms, mixed juices production dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.8% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the production volume increased by 35%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Mixed Juices Exports

Exports in Southern Asia

In 2022, the amount of mixtures of fruit and vegetable juices exported in Southern Asia reduced notably to X tons, declining by -15.4% compared with the previous year. Total exports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +21.4% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 43% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, mixed juices exports fell markedly to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 47%. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Nepal prevails in exports structure, amounting to X tons, which was approx. 85% of total exports in 2022. It was distantly followed by Bangladesh (X tons) and Pakistan (X tons), together comprising a 13% share of total exports.

Nepal was also the fastest-growing in terms of the mixtures of fruit and vegetable juices exports, with a CAGR of +4.3% from 2012 to 2022. At the same time, Bangladesh (+1.7%) displayed positive paces of growth. By contrast, Pakistan (-8.5%) illustrated a downward trend over the same period. While the share of Nepal (+14 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Pakistan (-12.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nepal ($X) remains the largest mixed juices supplier in Southern Asia, comprising 84% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 6.8% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Nepal stood at +2.4%. The remaining exporting countries recorded the following average annual rates of exports growth: Pakistan (-10.2% per year) and Bangladesh (+0.0% per year).

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, shrinking by -1.5% against the previous year. In general, the export price showed a mild decrease. The most prominent rate of growth was recorded in 2019 when the export price increased by 3.9%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (-1.7%), while the other leaders experienced a decline in the export price figures.

Mixed Juices Imports

Imports in Southern Asia

In 2022, overseas purchases of mixtures of fruit and vegetable juices were finally on the rise to reach X tons after four years of decline. Over the period under review, imports, however, faced a abrupt descent. The growth pace was the most rapid in 2016 when imports increased by 51%. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, mixed juices imports surged to $X in 2022. Overall, imports, however, saw a deep contraction. The pace of growth was the most pronounced in 2016 with an increase of 45% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of mixed juices imports in 2022 were Nepal (X tons), India (X tons) and Maldives (X tons), together recording 66% of total import. Sri Lanka (X tons) ranks next in terms of the total imports with a 14% share, followed by Bangladesh (10%) and Afghanistan (5.7%). Bhutan (X tons) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Sri Lanka (with a CAGR of +9.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mixed juices importing markets in Southern Asia were India ($X), Sri Lanka ($X) and Nepal ($X), together accounting for 65% of total imports.

Sri Lanka, with a CAGR of +18.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, declining by -6.3% against the previous year. Over the period under review, the import price, however, showed mild growth. The most prominent rate of growth was recorded in 2020 an increase of 44% against the previous year. The level of import peaked at $X per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while Maldives ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+8.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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