Grapefruit Juice (Single Strength) Market

The global grapefruit juice (single strength) market is expected to see growth in both volume and value terms over the period from 2022 to 2030, with a forecasted CAGR of +3.5% and +5.9% respectively. South Africa leads in consumption and production, while the Netherlands and Israel are key exporters. Import prices and volumes vary significantly among countries, with the United States showing the highest export price and volume.

Market Forecast

Driven by increasing demand for grapefruit juice (single strength) worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +3.5% for the period from 2022 to 2030, which is projected to bring the market volume to 492K tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +5.9% for the period from 2022 to 2030, which is projected to bring the market value to $618M (in nominal prices) by the end of 2030.

Consumption

World Consumption of Grapefruit Juice (Single Strength)

In 2022, consumption of grapefruit juice (single strength) decreased by -1.6% to 374K tons, falling for the second year in a row after six years of growth. The total consumption volume increased at an average annual rate of +1.7% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when the consumption volume increased by 7.8% against the previous year. Over the period under review, global consumption reached the maximum volume at 386K tons in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

The global grapefruit juice (single strength) market value shrank to $392M in 2022, approximately reflecting 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). Over the period under review, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -4.0% against 2020 indices. Over the period under review, the global market hit record highs at $408M in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Consumption By Country

The country with the largest volume of grapefruit juice (single strength) consumption was South Africa (180K tons), comprising approx. 48% of total volume. Moreover, grapefruit juice (single strength) consumption in South Africa exceeded the figures recorded by the second-largest consumer, the United States (39K tons), fivefold. The third position in this ranking was held by Israel (22K tons), with a 6% share.

From 2012 to 2022, the average annual growth rate of volume in South Africa amounted to +6.9%. The remaining consuming countries recorded the following average annual rates of consumption growth: the United States (+8.7% per year) and Israel (-1.0% per year).

In value terms, South Africa ($172M) led the market, alone. The second position in the ranking was held by the United States ($59M). It was followed by Israel.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to +7.9%. The remaining consuming countries recorded the following average annual rates of market growth: the United States (+13.0% per year) and Israel (+5.2% per year).

The countries with the highest levels of grapefruit juice (single strength) per capita consumption in 2022 were South Africa (2,955 kg per 1000 persons), Israel (2,342 kg per 1000 persons) and Belgium (1,199 kg per 1000 persons).

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +11.6%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Grapefruit Juice (Single Strength)

In 2022, approx. 351K tons of grapefruit juice (single strength) were produced worldwide; approximately mirroring the year before. The total output volume increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 9.7% against the previous year. As a result, production attained the peak volume of 366K tons. From 2021 to 2022, global production growth failed to regain momentum.

In value terms, grapefruit juice (single strength) production reached $407M in 2022 estimated in export price. Overall, production posted prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 48% against the previous year. Global production peaked at $414M in 2020; however, from 2021 to 2022, production failed to regain momentum.

Production By Country

South Africa (182K tons) constituted the country with the largest volume of grapefruit juice (single strength) production, accounting for 52% of total volume. Moreover, grapefruit juice (single strength) production in South Africa exceeded the figures recorded by the second-largest producer, Israel (42K tons), fourfold. The third position in this ranking was held by the United States (36K tons), with a 10% share.

In South Africa, grapefruit juice (single strength) production increased at an average annual rate of +6.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Israel (-5.2% per year) and the United States (+0.4% per year).

Imports

World Imports of Grapefruit Juice (Single Strength)

Global grapefruit juice (single strength) imports stood at 111K tons in 2022, growing by 3.5% against 2021 figures. In general, imports, however, recorded a noticeable shrinkage. The growth pace was the most rapid in 2016 when imports increased by 6.3%. Over the period under review, global imports attained the maximum at 148K tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, grapefruit juice (single strength) imports expanded rapidly to $122M in 2022. Over the period under review, imports, however, recorded a slight reduction. The most prominent rate of growth was recorded in 2016 with an increase of 13% against the previous year. Over the period under review, global imports attained the peak figure at $137M in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports By Country

In 2022, the Netherlands (33K tons), distantly followed by France (18K tons), Belgium (11K tons), Germany (8.7K tons), the UK (7.8K tons), the United States (6K tons) and Canada (5.4K tons) represented the key importers of grapefruit juice (single strength), together comprising 81% of total imports. China (2.6K tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +24.4%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the Netherlands ($28M), France ($19M) and the United States ($12M) constituted the countries with the highest levels of imports in 2022, together comprising 49% of global imports.

Among the main importing countries, the United States, with a CAGR of +32.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

In 2022, the average grapefruit juice (single strength) import price amounted to $1,092 per ton, rising by 4.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 20% against the previous year. Over the period under review, average import prices reached the peak figure at $1,122 per ton in 2019; afterwards, it flattened through to 2022.

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 China ($2,591 per ton), while Belgium ($680 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.7%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Grapefruit Juice (Single Strength)

In 2022, approx. 89K tons of grapefruit juice (single strength) were exported worldwide; increasing by 15% against the year before. Over the period under review, exports, however, recorded a pronounced curtailment. The pace of growth was the most pronounced in 2020 with an increase of 17% against the previous year. Over the period under review, the global exports hit record highs at 138K tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, grapefruit juice (single strength) exports expanded remarkably to $99M in 2022. In general, exports, however, recorded a mild decrease. The most prominent rate of growth was recorded in 2020 with an increase of 15%. Over the period under review, the global exports hit record highs at $120M in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports By Country

In 2022, the Netherlands (20K tons) and Israel (20K tons) represented the largest exporters of grapefruit juice (single strength)around the world, together finishing at near 45% of total exports. Mexico (9.2K tons) ranks next in terms of the total exports with a 10% share, followed by Spain (8.1%), Belgium (7.8%) and Germany (6.7%). The United States (3.8K tons), France (2.6K tons), South Africa (2K tons), Austria (1.7K tons) and Cyprus (1.6K tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Spain (with a CAGR of +15.2%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest grapefruit juice (single strength) supplying countries worldwide were the Netherlands ($23M), Israel ($19M) and the United States ($10M), together accounting for 52% of global exports. Mexico, Belgium, Germany, Spain, France, Austria, South Africa and Cyprus lagged somewhat behind, together accounting for a further 38%.

Spain, with a CAGR of +18.1%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

The average grapefruit juice (single strength) export price stood at $1,119 per ton in 2022, declining by -8% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2018 an increase of 26% against the previous year. The global export price peaked at $1,216 per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($2,699 per ton), while Cyprus ($540 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.7%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform