Report Update Nov 1, 2024

Sri Lanka - Concentrated Orange Juice - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Concentrated Orange Juice Market 2024

Concentrated Orange Juice Market Size in Sri Lanka

In 2021, the Sri Lankan concentrated orange juice market decreased by -12.5% to $X, falling for the fourth year in a row after four years of growth. Overall, consumption saw a drastic downturn. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Concentrated Orange Juice Exports

Exports from Sri Lanka

In 2021, approx. X tons of concentrated orange juice were exported from Sri Lanka; rising by 1,552% compared with 2020 figures. Overall, exports posted a temperate expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, concentrated orange juice exports skyrocketed to $X in 2021. Over the period under review, exports showed a moderate increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Oman (X tons) was the main destination for concentrated orange juice exports from Sri Lanka, accounting for a 93% share of total exports. Moreover, concentrated orange juice exports to Oman exceeded the volume sent to the second major destination, Maldives (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Oman amounted to +424.9%.

In value terms, Oman ($X) remains the key foreign market for concentrated orange juice exports from Sri Lanka, comprising 74% of total exports. The second position in the ranking was held by Maldives ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Oman stood at +398.7%.

Export Prices by Country

The average concentrated orange juice export price stood at $X per ton in 2021, shrinking by -10.1% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 86% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Maldives ($X per ton), while the average price for exports to Oman amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.

Concentrated Orange Juice Imports

Imports into Sri Lanka

In 2021, overseas purchases of concentrated orange juice were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2014 when imports increased by 37%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, concentrated orange juice imports rose remarkably to $X in 2021. In general, imports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 33%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Israel (X tons), Pakistan (X tons) and South Africa (X tons) were the main suppliers of concentrated orange juice imports to Sri Lanka, with a combined 91% share of total imports. These countries were followed by Egypt, the United Arab Emirates, Australia and Cyprus, which together accounted for a further 8.5%.

From 2012 to 2021, the biggest increases were in Egypt (with a CAGR of +40.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest concentrated orange juice suppliers to Sri Lanka were Israel ($X), Pakistan ($X) and South Africa ($X), together comprising 94% of total imports. Egypt, the United Arab Emirates, Australia and Cyprus lagged somewhat behind, together comprising a further 4.8%.

Egypt, with a CAGR of +41.3%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average concentrated orange juice import price stood at $X per ton in 2021, reducing by -3.5% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 132%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Pakistan ($X per ton), while the price for Cyprus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for concentrated orange juice in the world?

The countries with the highest volumes of concentrated orange juice consumption in 2021 were the United States, Brazil and Germany, with a combined 51% share of global consumption. The UK, France, China, Poland, Saudi Arabia, Spain, Thailand, Japan, Russia and Ireland lagged somewhat behind, together comprising a further 25%.

What are the largest producers of concentrated orange juice in the world?

Brazil constituted the country with the largest volume of concentrated orange juice production, accounting for 52% of total volume. Moreover, concentrated orange juice production in Brazil exceeded the figures recorded by the second-largest producer, the United States, threefold. Mexico ranked third in terms of total production with a 7.2% share.

What are the leading suppliers of concentrated orange juice to Sri Lanka?

In value terms, Israel, Denmark and Pakistan were the largest concentrated orange juice suppliers to Sri Lanka, together accounting for 66% of total imports. These countries were followed by Spain, India, Taiwan Chinese) and South Africa, which together accounted for a further 25%.

What are the leading importers of concentrated orange juice from Sri Lanka?

In value terms, the largest markets for concentrated orange juice exported from Sri Lanka were India, Australia $803) and Italy $582), with a combined 58% share of total exports. Singapore, Mauritius, Maldives, Canada and the UK lagged somewhat behind, together accounting for a further 27%.

What is the average export price for concentrated orange juice in Sri Lanka?

The average concentrated orange juice export price stood at $1,266 per ton in 2021, picking up by 15% against the previous year.

What is the average import price for concentrated orange juice in Sri Lanka?

In 2021, the average concentrated orange juice import price amounted to $1,944 per ton, flattening at the previous year.

This report provides an in-depth analysis of the concentrated orange juice market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 492 - Orange Juice, Concentrated

Country coverage:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023