Concentrated Apple Juice Price in China - 2023

Contents:

1. Concentrated Apple Juice Price in China (FOB) - 2023
2. Concentrated Apple Juice Price in China (CIF) - 2022
3. Concentrated Apple Juice Exports in China
4. Concentrated Apple Juice Imports in China

Concentrated Apple Juice Price in China (FOB) - 2023

The average concentrated apple juice export price stood at $1,722 per ton in June 2023, leveling off at the previous month. Overall, export price indicated a pronounced increase from June 2022 to June 2023: its price increased at an average monthly rate of +3.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, concentrated apple juice export price increased by +6.1% against April 2023 indices. The pace of growth appeared the most rapid in October 2022 an increase of 15% against the previous month. The export price peaked at $1,733 per ton in May 2023, and then fell in the following month.

Average prices varied noticeably for the major overseas markets. In June 2023, the countries with the highest prices were South Africa ($1,846 per ton) and Canada ($1,769 per ton), while the average price for exports to Turkey ($1,605 per ton) and Japan ($1,637 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Apple Juice Price in China (CIF) - 2022

The average concentrated apple juice import price stood at $2,737 per ton in 2022, picking up by 110% against the previous year. In general, the import price showed pronounced growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($23,795 per ton), while the price for Turkey ($778 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+922.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Concentrated Apple Juice Exports in China

In 2022, the amount of concentrated apple juice exported from China rose rapidly to 478K tons, with an increase of 14% compared with the previous year's figure. The total export volume increased at an average annual rate of +7.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, concentrated apple juice exports expanded significantly to $462M in 2022. The total export value increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Concentrated Apple Juice from China in 2022:

1. United States (156.8K tons)
2. South Africa (75.7K tons)
3. Japan (49.1K tons)
4. Turkey (42.6K tons)
5. Russia (32.6K tons)
6. Canada (30.4K tons)
7. Australia (30.3K tons)

Concentrated Apple Juice Imports in China

In 2022, imports of concentrated apple juice into China dropped significantly to 32 tons, waning by -87.5% against the previous year. Over the period under review, imports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 2%.

In value terms, concentrated apple juice imports declined rapidly to $87K in 2022. Overall, imports continue to indicate a sharp slump. The smallest decline of -17.8% was in 2021.

Top Suppliers of Concentrated Apple Juice to China in 2022:

1. Israel (23.5 tons)
2. Germany (3.8 tons)
3. Turkey (2.2 tons)
4. New Zealand (0.9 tons)
5. Italy (0.8 tons)

Source: IndexBox Market Intelligence Platform