Price for Frozen Concentrated Orange Juice in Belarus - 2022

Contents:

1. Price for Frozen Concentrated Orange Juice in Belarus (CIF) - 2022
2. Price for Frozen Concentrated Orange Juice in Belarus (FOB) - 2022
3. Imports of Frozen Concentrated Orange Juice in Belarus
4. Exports of Frozen Concentrated Orange Juice in Belarus

Price for Frozen Concentrated Orange Juice in Belarus (CIF) - 2022

The average frozen concentrated orange juice import price stood at $1,873 per ton in 2022, rising by 7.3% against the previous year. Overall, the import price, however, continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2017 when the average import price increased by 12% against the previous year. Over the period under review, average import prices hit record highs at $2,897 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($1,921 per ton), while the price for Brazil ($1,667 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-4.1%), while the prices for the other major suppliers experienced a decline.

Price for Frozen Concentrated Orange Juice in Belarus (FOB) - 2022

The average frozen concentrated orange juice export price stood at $735 per ton in 2022, rising by 2.7% against the previous year. Over the period under review, the export price posted a mild expansion. The pace of growth was the most pronounced in 2013 an increase of 79%. The export price peaked at $2,274 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +1.8% per year.

Imports of Frozen Concentrated Orange Juice in Belarus

For the fourth year in a row, Belarus recorded growth in purchases abroad of frozen concentrated orange juice, which increased by 45% to 1.3K tons in 2022. In general, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 254% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, frozen concentrated orange juice imports surged to $2.4M in 2022. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 220% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Frozen Concentrated Orange Juice to Belarus in 2022:

1. Russia (859.1 tons)
2. Netherlands (368.8 tons)
3. Brazil (70.2 tons)

Exports of Frozen Concentrated Orange Juice in Belarus

In 2022, after three years of growth, there was significant decline in overseas shipments of frozen concentrated orange juice, when their volume decreased by -39.7% to 438 tons. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 384%. As a result, the exports reached the peak of 725 tons, and then declined remarkably in the following year.

In value terms, frozen concentrated orange juice exports shrank dramatically to $322K in 2022. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 318%. As a result, the exports attained the peak of $519K, and then reduced markedly in the following year.

Top Export Markets for Frozen Concentrated Orange Juice from Belarus in 2022:

1. Russia (437.5 tons)

Source: IndexBox Market Intelligence Platform