Global Concentrated Orange Juice Market - Brazil Strengthened Its Position as the World's Leading Exporter

IndexBox has just published a new report: 'World - Concentrated Orange Juice - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

The global concentrated orange juice market revenue amounted to $X in 2018, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% from 2008 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The global concentrated orange juice market peaked in 2018 and is likely to continue its growth in the near future.

Consumption By Country

The countries with the highest volumes of concentrated orange juice consumption in 2018 were Brazil (X tonnes), the U.S. (X tonnes) and France (X tonnes), with a combined X% share of global consumption. The UK, Belgium, the Netherlands, Japan, Spain and Ireland lagged somewhat behind, together accounting for a further X%.

From 2008 to 2018, the most notable rate of growth in terms of concentrated orange juice consumption, amongst the main consuming countries, was attained by Japan, while the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Brazil ($X) and France ($X) were the countries with the highest levels of market value in 2018, together accounting for X% of the global market. These countries were followed by the Netherlands, Belgium, Japan, the UK, Ireland and Spain, which together accounted for a further X%.

The countries with the highest levels of concentrated orange juice per capita consumption in 2018 were Belgium (X kg per X persons), Ireland (X kg per X persons) and the Netherlands (X kg per X persons).

From 2008 to 2018, the most notable rate of growth in terms of concentrated orange juice per capita consumption, amongst the main consuming countries, was attained by Japan, while the other global leaders experienced more modest paces of growth.

Market Forecast 2019-2025

Driven by rising demand for concentrated orange juice worldwide, the market is expected to start an upward consumption trend over the next seven years. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +X% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to X tonnes by the end of 2025.

Production 2007-2018

In 2018, the amount of concentrated orange juice produced worldwide totaled X tonnes, rising by X% against the previous year. The total output volume increased at an average annual rate of +X% over the period from 2008 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, global concentrated orange juice production reached its peak figure volume in 2018 and is expected to retain its growth in the immediate term.

In value terms, concentrated orange juice production amounted to $X in 2018 estimated in export prices. In general, the total output indicated a perceptible expansion from 2008 to 2018: its value 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 2018 figures, concentrated orange juice production increased by +X% against 2016 indices. The growth pace was the most rapid in 2012 when production volume increased by X% against the previous year. Over the period under review, global concentrated orange juice production reached its maximum level at $X in 2017, and then declined slightly in the following year.

Production By Country

Brazil (X tonnes) constituted the country with the largest volume of concentrated orange juice production, accounting for X% of total production. Moreover, concentrated orange juice production in Brazil exceeded the figures recorded by the world's second-largest producer, the U.S. (X tonnes), threefold. The third position in this ranking was occupied by Mexico (X tonnes), with a X% share.

In Brazil, concentrated orange juice production expanded at an average annual rate of +X% over the period from 2008-2018. The remaining producing countries recorded the following average annual rates of production growth: the U.S. (+X% per year) and Mexico (+X% per year).

Exports 2007-2018

Global exports totaled X tonnes in 2018, growing by X% against the previous year. In general, concentrated orange juice exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. Over the period under review, global concentrated orange juice exports attained their peak figure at X tonnes in 2009; however, from 2010 to 2018, exports stood at a somewhat lower figure.

In value terms, concentrated orange juice exports amounted to $X (IndexBox estimates) in 2018. In general, concentrated orange juice exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. The global exports peaked at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

Brazil was the largest exporting country with an export of about X tonnes, which amounted to X% of total exports. Belgium (X tonnes) occupied a X% share (based on tonnes) of total exports, which put it in second place, followed by the Netherlands (X%), Mexico (X%), Costa Rica (X%) and Germany (X%). The following exporters - Spain (X tonnes), South Africa (X tonnes), the UK (X tonnes), Thailand (X tonnes) and the U.S. (X tonnes) - each finished at a X% share of total exports.

From 2008 to 2018, average annual rates of growth with regard to concentrated orange juice exports from Brazil stood at +X%. At the same time, Mexico (+X%), Costa Rica (+X%), South Africa (+X%), the UK (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2008-2018. By contrast, the Netherlands (-X%), Germany (-X%), the U.S. (-X%), Spain (-X%) and Belgium (-X%) illustrated a downward trend over the same period. From 2008 to 2018, the share of Mexico, Costa Rica and Brazil increased by +X%, +X% and +X% percentage points, while the Netherlands (-X p.p.), Spain (-X p.p.), Germany (-X p.p.) and Belgium (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest concentrated orange juice markets worldwide were Brazil ($X), Belgium ($X) and the Netherlands ($X), together accounting for X% of global exports. Germany, Costa Rica, Mexico, the U.S., Spain, South Africa, the UK and Thailand lagged somewhat behind, together comprising a further X%.

Mexico recorded the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average concentrated orange juice export price stood at $X per tonne in 2018, declining by -X% against the previous year. Over the period under review, the concentrated orange juice export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of X% year-to-year. In that year, the average export prices for concentrated orange juice attained their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average export prices for concentrated orange juice remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Belgium ($X per tonne), while Mexico ($X per tonne) was amongst the lowest.

From 2008 to 2018, the most notable rate of growth in terms of prices was attained by Belgium, while the other global leaders experienced more modest paces of growth.

Imports 2007-2018

In 2018, approx. X tonnes of concentrated orange juice were imported worldwide; jumping by X% against the previous year. Over the period under review, concentrated orange juice imports, however, continue to indicate a measured deduction. The pace of growth was the most pronounced in 2018 when imports increased by X% year-to-year. Over the period under review, global concentrated orange juice imports attained their maximum at X tonnes in 2008; however, from 2009 to 2018, imports remained at a lower figure.

In value terms, concentrated orange juice imports stood at $X (IndexBox estimates) in 2018. In general, concentrated orange juice imports, however, continue to indicate a measured drop. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. The global imports peaked at $X in 2008; however, from 2009 to 2018, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of concentrated orange juice imports in 2018 were the U.S. (X tonnes), the Netherlands (X tonnes), Belgium (X tonnes), France (X tonnes), the UK (X tonnes) and Germany (X tonnes), together amounting to X% of total import. The following importers - Japan (X tonnes), Spain (X tonnes), Ireland (X tonnes) and Poland (X tonnes) - together made up X% of total imports.

From 2008 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Japan, while the other global leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of global imports. These countries were followed by the UK, France, the U.S., Japan, Spain, Poland and Ireland, which together accounted for a further X%.

Among the main importing countries, Japan experienced the highest growth rate of imports, over the last decade, while the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average concentrated orange juice import price amounted to $X per tonne, coming down by -X% against the previous year. In general, the concentrated orange juice import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% against the previous year. In that year, the average import prices for concentrated orange juice attained their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average import prices for concentrated orange juice failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Spain ($X per tonne), while the U.S. ($X per tonne) was amongst the lowest.

From 2008 to 2018, the most notable rate of growth in terms of prices was attained by Spain, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform