Australia - Frozen Unconcentrated Orange Juice - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Frozen Concentrated Orange Juice in Australia - 2023
Contents:
- Price for Frozen Concentrated Orange Juice in Australia (CIF) - 2023
- Price for Frozen Concentrated Orange Juice in Australia (FOB) - 2022
- Imports of Frozen Concentrated Orange Juice in Australia
- Exports of Frozen Concentrated Orange Juice in Australia
Price for Frozen Concentrated Orange Juice in Australia (CIF) - 2023
The average frozen concentrated orange juice import price stood at $2,386 per ton in July 2023, falling by -15.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in August 2022 an increase of 20% month-to-month. Over the period under review, average import prices hit record highs at $2,837 per ton in June 2023, and then shrank notably in the following month.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Brazil ($2,355 per ton), while the price for Israel totaled $2,302 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Israel (+1.9%).
Price for Frozen Concentrated Orange Juice in Australia (FOB) - 2022
In 2022, the average frozen concentrated orange juice export price amounted to $1,828 per ton, growing by 4.4% against the previous year. In general, the export price, however, continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2020 when the average export price increased by 51% against the previous year. As a result, the export price attained the peak level of $2,850 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($1,980 per ton), while the average price for exports to Tonga ($694 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+50.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Concentrated Orange Juice in Australia
In 2022, purchases abroad of frozen concentrated orange juice decreased by -21.5% to 12K tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 7.2% against the previous year. As a result, imports reached the peak of 18K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, frozen concentrated orange juice imports fell to $26M in 2022. In general, imports faced a abrupt shrinkage. The smallest decline of -4.6% was in 2021.
| Import of Frozen Concentrated Orange Juice in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 30.3 | 30.1 | 25.7 | 22.7 | -9.2% |
| Turkey | 4.4 | 0.8 | 3.3 | 1.7 | -27.2% |
| Israel | 1.1 | 0.4 | 1.3 | 1.6 | 13.3% |
| Others | 2.1 | 0.8 | 0.4 | 0.3 | -47.7% |
| Total | 37.9 | 32.2 | 30.7 | 26.3 | -11.5% |
Top Suppliers of Frozen Concentrated Orange Juice to Australia in 2022:
- Brazil (10.9K tons)
- Israel (0.8K tons)
- Turkey (0.6K tons)
Exports of Frozen Concentrated Orange Juice in Australia
In 2022, approx. 937 tons of frozen concentrated orange juice were exported from Australia; growing by 49% against 2021 figures. In general, exports, however, showed a mild decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 56% against the previous year.
In value terms, frozen concentrated orange juice exports soared to $1.7M in 2022. Overall, exports, however, continue to indicate a noticeable curtailment.
| Export of Frozen Concentrated Orange Juice in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 978 | 832 | 957 | 909 | -2.4% |
| Vietnam | 88.7 | 64.1 | 68.8 | 657 | 94.9% |
| Hong Kong SAR | 19.0 | N/A | N/A | 15.1 | -7.4% |
| Tonga | N/A | N/A | N/A | 13.9 | 0% |
| Japan | 448 | N/A | 45.7 | N/A | -68.1% |
| China | 276 | N/A | N/A | N/A | 0% |
| Netherlands | N/A | 106 | N/A | N/A | 0% |
| Others | 44.6 | 149 | 29.8 | 119 | 38.7% |
| Total | 1,855 | 1,151 | 1,102 | 1,713 | -2.6% |
Top Export Markets for Frozen Concentrated Orange Juice from Australia in 2022:
- New Zealand (537.1 tons)
- Vietnam (331.7 tons)
- Tonga (20.0 tons)
- Hong Kong SAR (20.0 tons)
This report provides an in-depth analysis of the frozen 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:
- Prodcom 10321210 - Frozen unconcentrated orange juice
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:
- 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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