Price for Frozen Concentrated Orange Juice in Luxembourg - 2023

Contents:

1. Price for Frozen Concentrated Orange Juice in Luxembourg (CIF) - 2022
2. Price for Frozen Concentrated Orange Juice in Luxembourg (FOB) - 2022
3. Imports of Frozen Concentrated Orange Juice in Luxembourg
4. Exports of Frozen Concentrated Orange Juice in Luxembourg

Price for Frozen Concentrated Orange Juice in Luxembourg (CIF) - 2022

In 2022, the average frozen concentrated orange juice import price amounted to $2,034 per ton, rising by 20% against the previous year. In general, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 42% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($2,370 per ton), while the price for Poland ($1,112 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Frozen Concentrated Orange Juice in Luxembourg (FOB) - 2022

The average frozen concentrated orange juice export price stood at $974 per ton in 2022, with an increase of 4.9% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 78%. The export price peaked at $1,049 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($1,264 per ton), while the average price for exports to Belgium stood at $787 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Concentrated Orange Juice in Luxembourg

For the third year in a row, Luxembourg recorded decline in purchases abroad of frozen concentrated orange juice, which decreased by -36.2% to 219 tons in 2022. Over the period under review, imports faced a significant decrease. The smallest decline of -9.1% was in 2020.

In value terms, frozen concentrated orange juice imports reduced rapidly to $446K in 2022. Overall, imports recorded a significant decline. The smallest decline of -16.5% was in 2020.

Top Suppliers of Frozen Concentrated Orange Juice to Luxembourg in 2022:

1. Belgium (126.2 tons)
2. Germany (58.8 tons)
3. Poland (14.7 tons)
4. France (13.7 tons)

Exports of Frozen Concentrated Orange Juice in Luxembourg

For the third year in a row, Luxembourg recorded decline in overseas shipments of frozen concentrated orange juice, which decreased by -31.6% to 35 tons in 2022. Overall, exports showed a dramatic setback. The smallest decline of -25.3% was in 2020.

In value terms, frozen concentrated orange juice exports reduced markedly to $34K in 2022. Over the period under review, exports continue to indicate a dramatic descent. The smallest decline of -15% was in 2020.

Top Export Markets for Frozen Concentrated Orange Juice from Luxembourg in 2022:

1. Belgium (21.4 tons)
2. France (13.8 tons)

Source: IndexBox Market Intelligence Platform