IndexBox has just published a new report: ‘World – Grapefruit Juice – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

Imports 2007-2018

In 2018, the amount of grapefruit juice (single strength) imported worldwide amounted to 116K tonnes, reducing by -4.3% against the previous year. Over the period under review, grapefruit juice (single strength) imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when imports increased by 36% against the previous year. In that year, global grapefruit juice (single strength) imports attained their peak of 173K tonnes. From 2009 to 2018, the growth of global grapefruit juice (single strength) imports failed to regain its momentum.

In value terms, grapefruit juice (single strength) imports amounted to $126M (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +1.3% over the period from 2007 to 2018; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period.

Imports by Country

In 2018, the Netherlands (24K tonnes), France (23K tonnes), Germany (16K tonnes) and Belgium (13K tonnes) represented the main importer of grapefruit juice (single strength) imported in the world, making up 65% of total import. It was distantly followed by the UK (7,504 tonnes), generating a 6.4% share of total imports. Japan (4,430 tonnes), Canada (3,919 tonnes), China (2,861 tonnes), Italy (2,157 tonnes), Switzerland (2,078 tonnes) and Sweden (1,924 tonnes) held a little share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while imports for the other global leaders experienced more modest paces of growth.

In value terms, France ($28M), the Netherlands ($24M) and Germany ($14M) appeared to be the countries with the highest levels of imports in 2018, with a combined 52% share of global imports. Belgium, the UK, Japan, Canada, Switzerland, Italy, Sweden and China lagged somewhat behind, together accounting for a further 35%.

Among the main importing countries, China experienced the highest rates of growth with regard to the value of imports, over the period under review, while imports for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average grapefruit juice (single strength) import price amounted to $1,085 per tonne, picking up by 14% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2018 an increase of 14% against the previous year. In that year, the average import prices for grapefruit juice (single strength) attained their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Japan ($1,686 per tonne), while China ($849 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Exports 2007-2018

Global exports totaled 131K tonnes in 2018, stabilizing at the previous year. Overall, grapefruit juice (single strength) exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of 17% against the previous year. The global exports peaked at 178K tonnes in 2011; however, from 2012 to 2018, exports remained at a lower figure.

In value terms, grapefruit juice (single strength) exports totaled $131M (IndexBox estimates) in 2018. Overall, grapefruit juice (single strength) exports, however, continue to indicate a relatively flat trend pattern.

Exports by Country

In 2018, Israel (27K tonnes) and the Netherlands (26K tonnes) represented the largest exporters of grapefruit juice (single strength) in the world, together resulting at approx. 40% of total exports. The U.S. (16K tonnes) occupied a 12% share (based on tonnes) of total exports, which put it in second place, followed by Mexico (11%), Belgium (10%) and Germany (5.5%). France (5,365 tonnes), Spain (3,644 tonnes) and Italy (2,662 tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Italy, while exports for the other global leaders experienced more modest paces of growth.

In value terms, the largest grapefruit juice (single strength) supplying countries worldwide were Israel ($27M), the Netherlands ($26M) and Belgium ($16M), with a combined 52% share of global exports. These countries were followed by the U.S., Mexico, Germany, France, Spain and Italy, which together accounted for a further 37%.

Italy experienced the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while exports for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average grapefruit juice (single strength) export price amounted to $999 per tonne, going up by 12% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2018 when the average export price increased by 12% y-o-y. In that year, the average export prices for grapefruit juice (single strength) reached their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was France ($1,266 per tonne), while Spain ($831 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Israel, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform