MERCOSUR: Market for Concentrated Lemon And Other Citrus Fruit Juice 2024

Market Size for Concentrated Lemon And Other Citrus Fruit Juice in MERCOSUR

The MERCOSUR market for concentrated lemon and other citrus fruit juice contracted significantly to $X in 2022, waning by X% against the previous year. Overall, consumption faced a drastic downturn. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Production of Concentrated Lemon And Other Citrus Fruit Juice in MERCOSUR

In value terms, production of concentrated lemon and other citrus fruit juice contracted to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2022, production of growth remained at a somewhat lower figure.

Exports of Concentrated Lemon And Other Citrus Fruit Juice

Exports in MERCOSUR

In 2022, exports of concentrated lemon and other citrus fruit juice in MERCOSUR soared to X tons, with an increase of X% on the previous year. Total exports indicated a measured expansion from 2012 to 2022: its volume 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, exports increased by X% against 2018 indices. The growth pace was the most rapid in 2015 when exports increased by X%. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, exports of concentrated lemon and other citrus fruit juice expanded significantly to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Argentina was the largest exporting country with an export of about X tons, which accounted for X% of total exports. Brazil (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Peru (X%). Uruguay (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to concentrated lemon and other citrus fruit juice exports from Argentina stood at X%. At the same time, Brazil (X%), Uruguay (X%) and Peru (X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of X% from 2012-2022. Brazil (X p.p.) significantly strengthened its position in terms of the total exports, while Argentina saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X) remains the largest concentrated lemon and other citrus fruit juice supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with a X% share of total exports. It was followed by Peru, with a X% share.

In Argentina, exports of concentrated lemon and other citrus fruit juice decreased by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (X% per year) and Peru (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, reducing by X% against the previous year. Overall, the export price continues to indicate a pronounced descent. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced a decline in the export price figures.

Imports of Concentrated Lemon And Other Citrus Fruit Juice

Imports in MERCOSUR

In 2022, purchases abroad of concentrated lemon and other citrus fruit juice increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports of attained the maximum at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, imports of concentrated lemon and other citrus fruit juice surged to $X in 2022. Over the period under review, imports, however, saw a mild downturn. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports of hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Peru (X tons), Chile (X tons) and Colombia (X tons) represented the largest importer of concentrated lemon and other citrus fruit juice in MERCOSUR, comprising X% of total import. It was distantly followed by Uruguay (X tons) and Argentina (X tons), together making up an X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Uruguay (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), Chile ($X) and Colombia ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Among the main importing countries, Colombia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, falling by X% against the previous year. Overall, the import price showed a slight reduction. The growth pace was the most rapid in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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