United Kingdom: Concentrated Orange Juice Market 2024

Concentrated Orange Juice Market Size in the UK

The UK concentrated orange juice market declined sharply to $X in 2021, reducing by -24.6% against the previous year. Overall, consumption recorded a abrupt contraction. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Concentrated Orange Juice Production in the UK

In value terms, concentrated orange juice production rose modestly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt slump. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Concentrated Orange Juice Exports

Exports from the UK

In 2021, overseas shipments of concentrated orange juice decreased by -97.1% to X tons, falling for the third year in a row after five years of growth. In general, exports showed a dramatic shrinkage. The growth pace was the most rapid in 2015 when exports increased by 30%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, concentrated orange juice exports contracted dramatically to $X in 2021. Overall, exports showed a sharp shrinkage. The growth pace was the most rapid in 2013 with an increase of 21% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ireland (X tons) was the main destination for concentrated orange juice exports from the UK, with a 39% share of total exports. Moreover, concentrated orange juice exports to Ireland exceeded the volume sent to the second major destination, Norway (X tons), threefold. Austria (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Ireland totaled -35.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+13.2% per year) and Austria (+24.0% per year).

In value terms, the United States ($X) emerged as the key foreign market for concentrated orange juice exports from the UK, comprising 30% of total exports. The second position in the ranking was taken by Norway ($X), with a 14% share of total exports. It was followed by Ireland, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +43.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+15.1% per year) and Ireland (-37.0% per year).

Export Prices by Country

The average concentrated orange juice export price stood at $X per ton in 2021, increasing by 257% against the previous year. In general, the export price saw a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to China ($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 (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Orange Juice Imports

Imports into the UK

Concentrated orange juice imports into the UK contracted dramatically to X tons in 2021, reducing by -38.3% against 2020 figures. Overall, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 68%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, concentrated orange juice imports dropped significantly to $X in 2021. Over the period under review, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2017 with an increase of 55%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Brazil (X tons) were the main suppliers of concentrated orange juice imports to the UK, with a combined 92% share of total imports. These countries were followed by Austria, Ireland and Spain, which together accounted for a further 6.4%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +60.3%), while imports for the other leaders experienced a decline.

In value terms, the Netherlands ($X), Belgium ($X) and Brazil ($X) appeared to be the largest concentrated orange juice suppliers to the UK, with a combined 91% share of total imports. These countries were followed by Austria, Spain and Ireland, which together accounted for a further 7.6%.

Austria, with a CAGR of +58.0%, saw 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 mixed trend patterns.

Import Prices by Country

In 2021, the average concentrated orange juice import price amounted to $X per ton, picking up by 15% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2016 when the average import price increased by 41% against the previous year. As a result, import price reached the peak level of $X per ton; afterwards, it flattened through to 2021.

Prices varied noticeably country of origin: the country with the highest price was Austria ($X per ton), while the price for Belgium ($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 Netherlands (+8.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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