Australia - Concentrated Orange Juice - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Australia - Concentrated Orange Juice - Market Analysis, Forecast, Size, Trends and Insights

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Concentrated Orange Juice Price in Australia - 2023

Contents:

  1. Concentrated Orange Juice Price in Australia (CIF) - 2023
  2. Concentrated Orange Juice Price in Australia (FOB) - 2023
  3. Concentrated Orange Juice Imports in Australia
  4. Concentrated Orange Juice Exports in Australia

Concentrated Orange Juice Price in Australia (CIF) - 2023

The average concentrated orange juice import price stood at $2,330 per ton in September 2023, waning by -11.4% against the previous month. In general, the import price recorded a slight reduction. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 13% m-o-m. Over the period under review, average import prices attained the maximum at $2,784 per ton in June 2023; however, from July 2023 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Israel ($2,506 per ton), while the price for New Zealand ($284 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Israel (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Concentrated Orange Juice Price in Australia (FOB) - 2023

The average concentrated orange juice export price stood at $2,781 per ton in September 2023, growing by 107% against the previous month. In general, the export price saw noticeable growth. The growth pace was the most rapid in October 2022 when the average export price increased by 139% m-o-m. As a result, the export price attained the peak level of $4,250 per ton. From November 2022 to September 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was New Zealand ($3,586 per ton), while the average price for exports to Vietnam totaled $745 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+12.2%), while the prices for the other major destinations experienced mixed trend patterns.

Concentrated Orange Juice Imports in Australia

In 2022, purchases abroad of concentrated orange juice decreased by -20% to 13K tons, falling for the second year in a row after two years of growth. In general, imports showed a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 6.7% against the previous year. As a result, imports attained the peak of 18K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, concentrated orange juice imports shrank to $28M in 2022. Overall, imports continue to indicate a deep setback. The smallest decline of -4.3% was in 2021.

Import of Concentrated Orange Juice in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil30.330.125.723.0-8.8%
Turkey4.40.83.31.7-27.2%
Israel1.10.41.31.613.3%
Spain0.70.60.70.98.7%
Others3.01.71.21.1-28.4%
Total39.433.632.228.3-10.4%

Top Suppliers of Concentrated Orange Juice to Australia in 2022:

  1. Brazil (11.0K tons)
  2. Israel (0.8K tons)
  3. Turkey (0.7K tons)
  4. Spain (0.4K tons)

Concentrated Orange Juice Exports in Australia

In 2022, approx. 2.5K tons of concentrated orange juice were exported from Australia; with a decrease of -9.3% compared with the previous year. In general, exports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 220%. As a result, the exports reached the peak of 2.7K tons, and then contracted in the following year.

In value terms, concentrated orange juice exports rose significantly to $4.5M in 2022. Overall, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 106% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Concentrated Orange Juice in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand1,5281,2842,8332,91724.1%
Vietnam10780.469.865883.2%
South Korea15.547.1194187129.4%
Hong Kong SAR24913.6147181-10.1%
United States97.220.711817521.7%
Singapore48.657.176.079.918.0%
China34828.612152.7-46.7%
Japan454N/A46.513.9-68.7%
Others262365307232-4.0%
Total3,1091,8973,9124,49513.1%

Top Export Markets for Concentrated Orange Juice from Australia in 2022:

  1. New Zealand (1737.0 tons)
  2. Vietnam (332.1 tons)
  3. Hong Kong SAR (64.3 tons)
  4. South Korea (54.0 tons)
  5. Singapore (46.6 tons)
  6. United States (43.8 tons)
  7. China (34.6 tons)
  8. Japan (3.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the concentrated orange juice market in Australia. 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 492 - Orange Juice, Concentrated

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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