United Kingdom: Market for Concentrated Lemon And Other Citrus Fruit Juice 2024

Market Size for Concentrated Lemon And Other Citrus Fruit Juice in the UK

In 2021, the UK market for concentrated lemon and other citrus fruit juice was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +5.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Concentrated Lemon And Other Citrus Fruit Juice

Exports from the UK

Exports of concentrated lemon and other citrus fruit juice from the UK declined rapidly to X tons in 2021, with a decrease of -71.6% against the year before. Over the period under review, exports showed a deep contraction. The pace of growth was the most pronounced in 2019 when exports increased by 39%. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of concentrated lemon and other citrus fruit juice shrank markedly to $X in 2021. Overall, exports faced a abrupt contraction. The pace of growth appeared the most rapid in 2015 when exports increased by 48% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Ireland (X tons), the Netherlands (X tons) and Spain (X tons) were the main destinations of exports of concentrated lemon and other citrus fruit juice from the UK, with a combined 65% share of total exports. Indonesia, Poland, Denmark, Vietnam, the United Arab Emirates, Thailand, Belgium, the United States, Iceland and Germany lagged somewhat behind, together comprising a further 28%.

From 2012 to 2021, the biggest increases were in Denmark (with a CAGR of +20.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ireland ($X), the Netherlands ($X) and Indonesia ($X) constituted the largest markets for concentrated lemon and other citrus fruit juice exported from the UK worldwide, with a combined 50% share of total exports. These countries were followed by Spain, Poland, Vietnam, Thailand, Belgium, the United Arab Emirates, Denmark, the United States, Iceland and Germany, which together accounted for a further 37%.

Denmark, with a CAGR of +23.8%, recorded the highest growth rate of 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

The average export price for concentrated lemon and other citrus fruit juice stood at $X per ton in 2021, picking up by 67% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Spain ($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 Belgium (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Concentrated Lemon And Other Citrus Fruit Juice

Imports into the UK

In 2021, the amount of concentrated lemon and other citrus fruit juice imported into the UK shrank to X tons, standing approx. at the previous year's figure. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 13% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, imports of concentrated lemon and other citrus fruit juice expanded sharply to $X in 2021. The total import value increased at an average annual rate of +3.0% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when imports increased by 15% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Spain (X tons), Italy (X tons) and Mexico (X tons) were the main suppliers of imports of concentrated lemon and other citrus fruit juice to the UK, together comprising 68% of total imports. These countries were followed by the Netherlands, Ireland, Germany and Argentina, which together accounted for a further 25%.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +13.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest concentrated lemon and other citrus fruit juice suppliers to the UK were Spain ($X), Italy ($X) and Ireland ($X), with a combined 69% share of total imports.

In terms of the main suppliers, Ireland, with a CAGR of +16.7%, recorded 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

In 2021, the average import price for concentrated lemon and other citrus fruit juice amounted to $X per ton, rising by 12% against the previous year. Over the last nine years, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2014 an increase of 15% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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