U.S. - Unconcentrated Orange Juice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Orange Juice (Single Strength) in the United States - 2023
Contents:
- Price for Orange Juice (Single Strength) in the United States (CIF) - 2023
- Price for Orange Juice (Single Strength) in the United States (FOB) - 2023
- Imports of Orange Juice (Single Strength) in the United States
- Exports of Orange Juice (Single Strength) in the United States
Price for Orange Juice (Single Strength) in the United States (CIF) - 2023
The average orange juice (single strength) import price stood at $518 per ton in September 2023, remaining constant against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 47% against the previous month. As a result, import price attained the peak level of $693 per ton. From February 2023 to September 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($1,155 per ton), while the price for Brazil amounted to $479 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Mexico (+3.1%).
Price for Orange Juice (Single Strength) in the United States (FOB) - 2023
In September 2023, the average orange juice (single strength) export price amounted to $12,157 per ton, with an increase of 1.9% against the previous month. In general, export price indicated a pronounced expansion from September 2022 to September 2023: its price increased at an average monthly rate of +3.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, orange juice (single strength) export price increased by +3.7% against July 2023 indices. The pace of growth was the most pronounced in January 2023 an increase of 44% m-o-m. As a result, the export price reached the peak level of $12,296 per ton. From February 2023 to September 2023, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In September 2023, the countries with the highest prices were Mexico ($15,869 per ton) and Panama ($13,919 per ton), while the average price for exports to Canada ($11,784 per ton) and the Dominican Republic ($12,951 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Orange Juice (Single Strength) in the United States
Orange juice (single strength) imports into the United States soared to 671K tons in 2022, jumping by 86% on the previous year's figure. In general, imports showed a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 114% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, orange juice (single strength) imports surged to $369M in 2022. Over the period under review, imports enjoyed a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Orange Juice (Single Strength) in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 165 | 55.8 | 113 | 251 | 15.0% |
Mexico | 78.0 | 60.1 | 85.7 | 113 | 13.2% |
Others | 1.3 | 1.8 | 2.4 | 5.2 | 58.7% |
Total | 244 | 118 | 201 | 369 | 14.8% |
Top Suppliers of Orange Juice (Single Strength) to the United States in 2022:
- Brazil (542.0K tons)
- Mexico (125.2K tons)
Exports of Orange Juice (Single Strength) in the United States
For the third year in a row, the United States recorded decline in shipments abroad of orange juice (single strength), which decreased by -2.6% to 23K tons in 2022. Over the period under review, exports showed a sharp reduction.
In value terms, orange juice (single strength) exports contracted slightly to $191M in 2022. In general, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 2.2%. As a result, the exports attained the peak of $228M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Orange Juice (Single Strength) in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 196 | 199 | 165 | 162 | -6.2% |
Mexico | 2.8 | 2.7 | 3.1 | 6.0 | 28.9% |
Dominican Republic | 2.7 | 5.0 | 3.8 | 4.2 | 15.9% |
Saudi Arabia | 4.4 | 6.0 | 3.6 | 3.8 | -4.8% |
Panama | 2.5 | 2.7 | 3.4 | 2.9 | 5.1% |
Others | 15.1 | 12.6 | 12.7 | 11.8 | -7.9% |
Total | 224 | 228 | 192 | 191 | -5.2% |
Top Export Markets for Orange Juice (Single Strength) from the United States in 2022:
- Canada (19.0K tons)
- Dominican Republic (1.2K tons)
- Saudi Arabia (0.6K tons)
- Mexico (0.6K tons)
- Panama (0.4K tons)
This report provides an in-depth analysis of the market for orange juice (single strength) in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 491 - Juice of Orange
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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