EU: Concentrated Orange Juice Market 2024

Concentrated Orange Juice Market Size in the EU

The EU concentrated orange juice market shrank to $X in 2021, reducing by -7.3% against the previous year. In general, consumption recorded a abrupt descent. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Concentrated Orange Juice Production in the EU

In value terms, concentrated orange juice production stood at $X in 2021 estimated in export price. Over the period under review, production, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2016 when the production volume increased by 5.1% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Concentrated Orange Juice Exports

Exports in the EU

In 2021, shipments abroad of concentrated orange juice increased by 2.5% to X tons, rising for the second consecutive year after three years of decline. In general, exports, however, recorded a noticeable reduction. The growth pace was the most rapid in 2020 when exports increased by 57%. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, concentrated orange juice exports expanded to $X in 2021. Over the period under review, exports, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 45% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands was the largest exporting country with an export of around X tons, which accounted for 51% of total exports. Belgium (X tons) took the second position in the ranking, distantly followed by Italy (X tons). All these countries together held near 34% share of total exports. The following exporters - Spain (X tons), Romania (X tons), Greece (X tons) and Germany (X tons) - together made up 12% of total exports.

Exports from the Netherlands increased at an average annual rate of +1.6% from 2012 to 2021. At the same time, Romania (+34.5%) and Greece (+4.8%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +34.5% from 2012-2021. By contrast, Italy (-1.5%), Germany (-4.8%), Belgium (-9.6%) and Spain (-11.4%) illustrated a downward trend over the same period. The Netherlands (+19 p.p.), Romania (+3.4 p.p.) and Italy (+2 p.p.) significantly strengthened its position in terms of the total exports, while Spain and Belgium saw its share reduced by -5% and -17.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest concentrated orange juice supplying countries in the European Union were the Netherlands ($X), Belgium ($X) and Italy ($X), together accounting for 88% of total exports. Spain, Greece, Germany and Romania lagged somewhat behind, together comprising a further 8.3%.

In terms of the main exporting countries, Romania, with a CAGR of +26.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, remaining stable against the previous year. Overall, the export price, however, recorded a slight slump. The pace of growth was the most pronounced in 2017 an increase of 20% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+3.2%), while the other leaders experienced more modest paces of growth.

Concentrated Orange Juice Imports

Imports in the EU

In 2021, imports of concentrated orange juice in the European Union contracted to X tons, reducing by -6.9% compared with 2020 figures. Overall, imports saw a pronounced downturn. The most prominent rate of growth was recorded in 2020 with an increase of 20%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, concentrated orange juice imports declined modestly to $X in 2021. In general, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 6.6% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X tons), distantly followed by Germany (X tons), Belgium (X tons), France (X tons) and Poland (X tons) represented the key importers of concentrated orange juice, together committing 76% of total imports. Spain (X tons), Ireland (X tons), Denmark (X tons), Austria (X tons), Sweden (X tons) and Italy (X tons) took a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Poland (with a CAGR of +7.6%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest concentrated orange juice importing markets in the European Union were the Netherlands ($X), Germany ($X) and Belgium ($X), together comprising 59% of total imports. France, Poland, Ireland, Spain, Denmark, Austria, Sweden and Italy lagged somewhat behind, together accounting for a further 33%.

Among the main importing countries, Poland, with a CAGR of +5.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, picking up by 4.2% against the previous year. Overall, the import price, however, recorded a mild descent. The most prominent rate of growth was recorded in 2017 when the import price increased by 20%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Poland ($X per ton) and Ireland ($X per ton), while France ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (-0.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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