Spain: Concentrated Apple Juice Market 2024

Concentrated Apple Juice Market Size in Spain

The Spanish concentrated apple juice market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption continues to indicate a buoyant expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Concentrated Apple Juice Production in Spain

In value terms, concentrated apple juice production stood at $X in 2021 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 12% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Concentrated Apple Juice Exports

Exports from Spain

In 2021, exports of concentrated apple juice from Spain shrank to X tons, declining by -12.1% against the year before. Over the period under review, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 56%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, concentrated apple juice exports fell to $X in 2021. In general, exports showed a drastic downturn. The pace of growth was the most pronounced in 2017 with an increase of 72%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

South Korea (X tons) was the main destination for concentrated apple juice exports from Spain, with a 35% share of total exports. Moreover, concentrated apple juice exports to South Korea exceeded the volume sent to the second major destination, the United States (X tons), twofold. Portugal (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to South Korea amounted to +136.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+229.8% per year) and Portugal (-6.3% per year).

In value terms, the largest markets for concentrated apple juice exported from Spain were South Korea ($X), the United States ($X) and Nigeria ($X), together comprising 58% of total exports.

The United States, with a CAGR of +245.8%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average concentrated apple juice export price amounted to $X per ton, with an increase of 5.2% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 20%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Apple Juice Imports

Imports into Spain

In 2021, overseas purchases of concentrated apple juice were finally on the rise to reach X tons after two years of decline. Overall, imports saw a noticeable increase. The most prominent rate of growth was recorded in 2018 with an increase of 140% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, concentrated apple juice imports surged to $X in 2021. Over the period under review, imports saw a notable expansion. The growth pace was the most rapid in 2018 when imports increased by 128%. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

Imports by Country

Poland (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of concentrated apple juice imports to Spain, with a combined 56% share of total imports. Portugal, Turkey, the Netherlands, Chile, Austria, France and China lagged somewhat behind, together comprising a further 42%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +36.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and Italy ($X) were the largest concentrated apple juice suppliers to Spain, together accounting for 52% of total imports. These countries were followed by the Netherlands, Portugal, Turkey, Austria, Chile, France and China, which together accounted for a further 45%.

Turkey, with a CAGR of +29.3%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average concentrated apple juice import price amounted to $X per ton, rising by 7.5% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 26%. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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