Overview of the Global Market for Concentrated Lemon And Other Citrus Fruit Juice

Market Size for Concentrated Lemon And Other Citrus Fruit Juice

In 2022, the global market for concentrated lemon and other citrus fruit juice increased by 5.5% to $X, rising for the second year in a row after four years of decline. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the global market remained at a lower figure.

Production of Concentrated Lemon And Other Citrus Fruit Juice

In value terms, production of concentrated lemon and other citrus fruit juice expanded remarkably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by 36%. As a result, production reached the peak level of $X. From 2015 to 2022, global production of growth remained at a lower figure.

Exports of Concentrated Lemon And Other Citrus Fruit Juice

Exports

In 2022, the amount of concentrated lemon and other citrus fruit juice exported worldwide contracted to X tons, which is down by -1.8% compared with the year before. The total export volume increased at an average annual rate of +2.3% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2015 with an increase of 19% against the previous year. Over the period under review, the global exports of reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of concentrated lemon and other citrus fruit juice dropped to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 19% against the previous year. The global exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Argentina was the major exporting country with an export of around X tons, which accounted for 28% of total exports. The Netherlands (X tons) ranks second in terms of the total exports with an 8.7% share, followed by Brazil (7.3%), Spain (6.7%), Italy (6.6%), South Africa (6.5%) and Peru (5.9%). The following exporters - Thailand (X tons), Israel (X tons), Mexico (X tons), Greece (X tons) and the Philippines (X tons) - together made up 14% of total exports.

Exports from Argentina increased at an average annual rate of +2.8% from 2012 to 2022. At the same time, the Philippines (+23.9%), Brazil (+15.6%), Thailand (+11.5%), Israel (+3.7%), Peru (+3.1%), Italy (+2.9%), South Africa (+2.1%), Spain (+1.8%) and the Netherlands (+1.5%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in the world, with a CAGR of +23.9% from 2012-2022. By contrast, Mexico (-4.0%) and Greece (-7.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil and Thailand increased by +5.2 and +2.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X) remains the largest concentrated lemon and other citrus fruit juice supplier worldwide, comprising 24% of global exports. The second position in the ranking was held by the Netherlands ($X), with a 12% share of global exports. It was followed by Italy, with a 9.7% share.

From 2012 to 2022, the average annual growth rate of value in Argentina stood at -1.7%. In the other countries, the average annual rates were as follows: the Netherlands (-1.0% per year) and Italy (+3.6% per year).

Export Prices by Country

In 2022, the average export price for concentrated lemon and other citrus fruit juice amounted to $X per ton, which is down by -7.1% against the previous year. Overall, the export price recorded a mild slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 19%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+8.7%), while the other global leaders experienced more modest paces of growth.

Imports of Concentrated Lemon And Other Citrus Fruit Juice

Imports

In 2022, global imports of concentrated lemon and other citrus fruit juice stood at X tons, approximately reflecting 2021 figures. The total import volume increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of 21% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of global imports of remained at a lower figure.

In value terms, imports of concentrated lemon and other citrus fruit juice reduced to $X in 2022. The total import value increased at an average annual rate of +1.1% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2015 when imports increased by 18%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of global imports of remained at a somewhat lower figure.

Imports by Country

The purchases of the four major importers of concentrated lemon and other citrus fruit juice, namely the United States, the Netherlands, Germany and Japan, represented more than third of total import. France (X tons) ranks next in terms of the total imports with a 5.4% share, followed by Spain (4.9%). The following importers - Italy (X tons), the UK (X tons), Canada (X tons), Israel (X tons), China (X tons) and Belgium (X tons) - together made up 17% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Italy (with a CAGR of +14.9%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest concentrated lemon and other citrus fruit juice importing markets worldwide were the United States ($X), Japan ($X) and the Netherlands ($X), together accounting for 41% of global imports. Germany, France, the UK, Canada, Italy, Spain, China, Israel and Belgium lagged somewhat behind, together accounting for a further 36%.

China, with a CAGR of +10.6%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for concentrated lemon and other citrus fruit juice stood at $X per ton in 2022, which is down by -5.3% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 11% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.2%), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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