Lithuania: Market for Grapefruit Juice (Single Strength) 2024

Market Size for Grapefruit Juice (Single Strength) in Lithuania

The Lithuanian grapefruit juice (single strength) market shrank sharply to $X in 2022, declining by X% against 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 showed a significant decline. The pace of growth was the most pronounced in 2021 when the market value increased by X% against the previous year. Grapefruit juice (single strength) consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Exports of Grapefruit Juice (Single Strength)

Exports from Lithuania

In 2022, overseas shipments of grapefruit juice (single strength) were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a sharp decline. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, grapefruit juice (single strength) exports skyrocketed to $X in 2022. In general, exports, however, recorded a precipitous setback. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for grapefruit juice (single strength) exports from Lithuania, accounting for a X% share of total exports. Moreover, grapefruit juice (single strength) exports to Russia exceeded the volume sent to the second major destination, Belarus (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Russia totaled X%.

In value terms, Russia ($X) remains the key foreign market for grapefruit juice (single strength) exports from Lithuania, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Russia stood at X%.

Export Prices by Country

The average grapefruit juice (single strength) export price stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2021, and then shrank significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Russia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grapefruit Juice (Single Strength)

Imports into Lithuania

In 2022, approx. X tons of grapefruit juice (single strength) were imported into Lithuania; falling by X% compared with 2021 figures. Over the period under review, imports showed a significant contraction. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, grapefruit juice (single strength) imports reduced sharply to $X in 2022. Overall, imports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Austria (X tons), France (X tons) and Hungary (X tons) were the main suppliers of grapefruit juice (single strength) imports to Lithuania, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest grapefruit juice (single strength) suppliers to Lithuania were Austria ($X), France ($X) and Hungary ($X), with a combined X% share of total imports.

Austria, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average grapefruit juice (single strength) import price stood at $X per ton in 2022, waning by X% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grapefruit juice (single strength) import price decreased by X% against 2020 indices. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Hungary ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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