EU: Market for Grapefruit Juice (Single Strength) 2024

Market Size for Grapefruit Juice (Single Strength) in the EU

The EU grapefruit juice (single strength) market dropped slightly to $X in 2022, standing approx. at the previous year. In general, consumption, however, recorded a noticeable decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Grapefruit Juice (Single Strength) in the EU

In value terms, grapefruit juice (single strength) production surged to $X in 2022 estimated in export price. Over the period under review, production, however, showed buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Exports of Grapefruit Juice (Single Strength)

Exports in the EU

In 2022, overseas shipments of grapefruit juice (single strength) decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, exports showed a mild setback. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, grapefruit juice (single strength) exports shrank to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, the Netherlands (X tons) represented the major exporter of grapefruit juice (single strength), committing X% of total exports. Spain (X tons) ranks second in terms of the total exports with a X% share, followed by Belgium (X%), Germany (X%) and France (X%). The following exporters - Austria (X tons) and Cyprus (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to grapefruit juice (single strength) exports from the Netherlands stood at X%. At the same time, Spain (X%), France (X%) and Cyprus (X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Germany (X%), Austria (X%) and Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Spain and France increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest grapefruit juice (single strength) supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value in the Netherlands was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per ton, falling by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2021, and then contracted in the following year.

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 France ($X per ton), while Cyprus ($X per ton) was amongst the lowest.

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

Imports of Grapefruit Juice (Single Strength)

Imports in the EU

In 2022, approx. X tons of grapefruit juice (single strength) were imported in the European Union; with an increase of X% compared with the previous year's figure. Overall, imports, however, saw a noticeable reduction. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, grapefruit juice (single strength) imports stood at $X in 2022. Over the period under review, imports, however, continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X tons) was the main importer of grapefruit juice (single strength), comprising X% of total imports. France (X tons) ranks second in terms of the total imports with a X% share, followed by Belgium (X%) and Germany (X%). Italy (X tons) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the Netherlands ($X), France ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Belgium and Italy lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Italy, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2022, stabilizing at the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2019; however, from 2020 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 Italy ($X per ton), while Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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