U.S.: Market for Grapefruit Juice (Single Strength) 2024

Market Size for Grapefruit Juice (Single Strength) in the U.S.

After four years of growth, the U.S. grapefruit juice (single strength) market decreased by -17.9% to $X in 2021. Overall, consumption, however, showed a strong increase. Over the period under review, the market attained the peak level at $X in 2020, and then declined rapidly in the following year.

Production of Grapefruit Juice (Single Strength) in the U.S.

In value terms, grapefruit juice (single strength) production fell sharply to $X in 2021. Overall, production, however, enjoyed a strong increase. The growth pace was the most rapid in 2020 with an increase of 83% against the previous year. As a result, production reached the peak level of $X, and then fell significantly in the following year.

Exports of Grapefruit Juice (Single Strength)

Exports from the U.S.

In 2021, shipments abroad of grapefruit juice (single strength) decreased by -2.9% to X tons, falling for the fourth year in a row after two years of growth. Over the period under review, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2016 when exports increased by 35% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, grapefruit juice (single strength) exports surged to $X in 2021. Overall, exports continue to indicate a deep contraction. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for grapefruit juice (single strength) exports from the United States, with a 56% share of total exports. Moreover, grapefruit juice (single strength) exports to Canada exceeded the volume sent to the second major destination, the Netherlands (X tons), fivefold. South Korea (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Canada amounted to -11.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-26.9% per year) and South Korea (-5.4% per year).

In value terms, Canada ($X) remains the key foreign market for grapefruit juice (single strength) exports from the United States, comprising 58% of total exports. The second position in the ranking was taken by South Korea ($X), with a 15% share of total exports. It was followed by the Netherlands, with a 6.9% share.

From 2012 to 2021, the average annual growth rate of value to Canada stood at -2.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+8.9% per year) and the Netherlands (-23.7% per year).

Export Prices by Country

In 2021, the average grapefruit juice (single strength) export price amounted to $X per ton, rising by 19% against the previous year. Over the period under review, the export price showed a strong increase. The most prominent rate of growth was recorded in 2020 an increase of 73% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to the Netherlands ($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 South Korea (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grapefruit Juice (Single Strength)

Imports into the U.S.

In 2021, approx. X tons of grapefruit juice (single strength) were imported into the United States; dropping by -27% on the year before. Over the period under review, imports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2017 when imports increased by 458% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, grapefruit juice (single strength) imports rose remarkably to $X in 2021. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2016 with an increase of 293% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Mexico (X tons) constituted the largest supplier of grapefruit juice (single strength) to the United States, with a 86% share of total imports. Moreover, grapefruit juice (single strength) imports from Mexico exceeded the figures recorded by the second-largest supplier, South Africa (X tons), tenfold. Trinidad and Tobago (X tons) ranked third in terms of total imports with a 4.3% share.

From 2012 to 2021, the average annual growth rate of volume from Mexico amounted to +15.8%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-54.2% per year) and Trinidad and Tobago (+1.5% per year).

In value terms, Mexico ($X) constituted the largest supplier of grapefruit juice (single strength) to the United States, comprising 94% of total imports. The second position in the ranking was held by South Africa ($X), with a 2.1% share of total imports. It was followed by Spain, with a 1.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Mexico amounted to +27.4%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-54.9% per year) and Spain (+65.0% per year).

Import Prices by Country

In 2021, the average grapefruit juice (single strength) import price amounted to $X per ton, growing by 46% against the previous year. In general, the import price saw resilient growth. The pace of growth appeared the most rapid in 2020 an increase of 139% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in the immediate term.

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 Spain ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+19.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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