U.S.: Concentrated Grapefruit Juice Market 2022

Concentrated Grapefruit Juice Market Size in the U.S.

The U.S. concentrated grapefruit juice market contracted dramatically to $X in 2021, declining by -19.7% against the previous year. In general, the total consumption indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +2.3% 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 +43.5% against 2016 indices. Over the period under review, the market reached the peak level at $X in 2020, and then fell remarkably in the following year.

Concentrated Grapefruit Juice Production in the U.S.

In value terms, concentrated grapefruit juice production shrank rapidly to $X in 2021. In general, production, however, showed a noticeable curtailment. The growth pace was the most rapid in 2020 with an increase of 43% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Concentrated Grapefruit Juice Exports

Exports from the U.S.

After two years of decline, overseas shipments of concentrated grapefruit juice increased by 25% to X tons in 2021. In general, exports, however, recorded a drastic downturn. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, concentrated grapefruit juice exports expanded markedly to $X in 2021. Overall, exports, however, saw a deep downturn. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X tons), the Netherlands (X tons) and Canada (X tons) were the main destinations of concentrated grapefruit juice exports from the United States, with a combined 60% share of total exports. Israel, Indonesia, South Korea, Mexico and China lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2021, the biggest increases were in South Korea (with a CAGR of +26.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for concentrated grapefruit juice exported from the United States were Japan ($X), the Netherlands ($X) and Israel ($X), together accounting for 60% of total exports. These countries were followed by Canada, Indonesia, Mexico, South Korea and China, which together accounted for a further 31%.

In terms of the main countries of destination, Indonesia, with a CAGR of +23.9%, saw the highest growth rate of the value of exports, 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 grapefruit juice export price amounted to $X per ton, falling by -10.1% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 47% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Israel ($X per ton), while the average price for exports to South Korea ($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 Israel (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Grapefruit Juice Imports

Imports into the U.S.

In 2021, overseas purchases of concentrated grapefruit juice decreased by -44% to X tons, falling for the third year in a row after three years of growth. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 1,246%. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, concentrated grapefruit juice imports fell significantly to $X in 2021. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 596% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

South Africa (X tons), Mexico (X tons) and Spain (X tons) were the main suppliers of concentrated grapefruit juice imports to the United States, together comprising 95% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +50.9%), while imports for the other leaders experienced mixed trend patterns.

In value terms, South Africa ($X), Mexico ($X) and Spain ($X) constituted the largest concentrated grapefruit juice suppliers to the United States, together comprising 94% of total imports.

In terms of the main suppliers, Spain, with a CAGR of +81.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average concentrated grapefruit juice import price stood at $X per ton in 2021, growing by 45% against the previous year. In general, the import price recorded pronounced growth. The pace of growth was the most pronounced in 2020 an increase of 74% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to see steady growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Belize ($X per ton) and South Africa ($X per ton), while the price for Spain ($X per ton) and Mexico ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belize (+105.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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