Mixed Juices Market

The global mixed juices market is projected to see an upward trend in both volume and value over the period from 2022 to 2030, with a forecasted CAGR of +3.1% and +4.3% respectively. In 2022, global consumption slightly declined to 20M tons, reflecting a flat trend pattern. Turkey, China, and the United States were the top consuming countries, while China, the United States, and Turkey led in market value. Turkey saw the highest growth in per capita consumption, with production and imports remaining relatively stable. Notable rates of growth were recorded in the Czech Republic for imports and the Dominican Republic for exports. Average import and export prices saw increases, with the highest price for imports in Germany and the United States for exports. Overall, the global mixed juices market is expected to continue to see growth in the near future.

Market Forecast

Driven by rising demand for mixed juices worldwide, the market is expected to start an upward consumption trend over the next eight years. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +3.1% for the period from 2022 to 2030, which is projected to bring the market volume to 25M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +4.3% for the period from 2022 to 2030, which is projected to bring the market value to $41.5B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Mixtures Of Fruit And Vegetable Juices

In 2022, global mixed juices consumption declined slightly to 20M tons, approximately reflecting 2021 figures. In general, consumption saw a relatively flat trend pattern. Global consumption peaked at 30M tons in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

The global mixed juices market revenue amounted to $29.5B in 2022, flattening at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a mild decline. Over the period under review, the global market attained the peak level at $41.9B in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (3.3M tons), Turkey (2.1M tons) and the United States (1.7M tons), together comprising 36% of global consumption.

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Turkey (with a CAGR of +7.8%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, China ($7B), the United States ($3.7B) and Turkey ($2.6B) appeared to be the countries with the highest levels of market value in 2022, with a combined 45% share of the global market.

Turkey, with a CAGR of +6.4%, saw the highest rates of growth with regard to market size among the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.

In 2022, the highest levels of mixed juices per capita consumption was registered in Turkey (25 kg per person), followed by Germany (7.3 kg per person), the United States (5 kg per person) and the UK (4.9 kg per person), while the world average per capita consumption of mixed juices was estimated at 2.5 kg per person.

In Turkey, mixed juices per capita consumption expanded at an average annual rate of +6.4% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Germany (+3.4% per year) and the United States (-3.9% per year).

Production

World Production of Mixtures Of Fruit And Vegetable Juices

Global mixed juices production contracted to 20M tons in 2022, remaining relatively unchanged against the previous year. Over the period under review, production continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2018 with an increase of 21% against the previous year. Global production peaked at 30M tons in 2019; however, from 2020 to 2022, production failed to regain momentum.

In value terms, mixed juices production amounted to $29.9B in 2022 estimated in export price. Overall, production saw a mild decline. The growth pace was the most rapid in 2018 when the production volume increased by 18%. Over the period under review, global production attained the peak level at $42.1B in 2019; however, from 2020 to 2022, production remained at a lower figure.

Production By Country

The countries with the highest volumes of production in 2022 were China (3.3M tons), Turkey (2.1M tons) and the United States (1.7M tons), with a combined 35% share of global production.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +7.9%), while production for the other global leaders experienced more modest paces of growth.

Imports

World Imports of Mixtures Of Fruit And Vegetable Juices

In 2022, supplies from abroad of mixtures of fruit and vegetable juices decreased by -18.2% to 1.2M tons, falling for the sixth consecutive year after two years of growth. Overall, imports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2013 with an increase of 19%. Global imports peaked at 2.2M tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, mixed juices imports contracted to $1.6B in 2022. In general, imports recorded a slight setback. The pace of growth appeared the most rapid in 2017 with an increase of 13% against the previous year. Global imports peaked at $2.2B in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports By Country

The UK (151K tons) and France (126K tons) were the largest importers of mixtures of fruit and vegetable juices in 2022, resulting at approx. 12% and 10% of total imports, respectively. It was followed by the United States (71K tons), generating a 5.8% share of total imports. Belgium (47K tons), Sweden (43K tons), Denmark (41K tons), Germany (40K tons), Poland (36K tons), Canada (35K tons), Kuwait (27K tons), the Netherlands (24K tons), Austria (19K tons) and the Czech Republic (19K tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Czech Republic (with a CAGR of +15.7%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest mixed juices importing markets worldwide were the UK ($170M), France ($132M) and the United States ($98M), with a combined 26% share of global imports. Germany, Poland, Belgium, Canada, Sweden, Kuwait, the Netherlands, Denmark, Austria and the Czech Republic lagged somewhat behind, together accounting for a further 28%.

Poland, with a CAGR of +15.4%, recorded the highest growth rate of the value of imports, among 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 mixed juices import price stood at $1,277 per ton in 2022, surging by 4.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2017 an increase of 17%. Global import price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,090 per ton), while Denmark ($641 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+4.1%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Mixtures Of Fruit And Vegetable Juices

In 2022, shipments abroad of mixtures of fruit and vegetable juices decreased by -11.5% to 1.4M tons, falling for the fourth consecutive year after two years of growth. Over the period under review, exports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by 8.7%. The global exports peaked at 2.1M tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, mixed juices exports reduced to $1.8B in 2022. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 12%. As a result, the exports attained the peak of $2.1B. From 2019 to 2022, the growth of the global exports remained at a lower figure.

Exports By Country

The shipments of the four major exporters of mixtures of fruit and vegetable juices, namely Spain, Germany, the Netherlands and Thailand, represented more than third of total export. South Africa (80K tons) took a 5.7% share (based on physical terms) of total exports, which put it in second place, followed by Saudi Arabia (4.6%). Nepal (59K tons), the United States (53K tons), Belgium (49K tons), Poland (46K tons), Egypt (31K tons), the Dominican Republic (25K tons) and Canada (24K tons) took a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Dominican Republic (with a CAGR of +21.2%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the Netherlands ($295M), Spain ($182M) and Germany ($164M) constituted the countries with the highest levels of exports in 2022, with a combined 36% share of global exports. Thailand, the United States, Saudi Arabia, South Africa, Belgium, Egypt, Poland, Nepal, Canada and the Dominican Republic lagged somewhat behind, together accounting for a further 36%.

Among the main exporting countries, the Dominican Republic, with a CAGR of +20.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

In 2022, the average mixed juices export price amounted to $1,265 per ton, growing by 4.4% against the previous year. Over the last decade, it increased at an average annual rate of +4.7%. The pace of growth appeared the most rapid in 2013 when the average export price increased by 22%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,121 per ton), while Nepal ($593 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+18.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform