Price for Frozen Concentrated Orange Juice in Paraguay - 2023

Contents:

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

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

In 2022, the average frozen concentrated orange juice export price amounted to $2,023 per ton, falling by -1.9% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 36% against the previous year. Over the period under review, the average export prices attained the maximum at $2,143 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($2,099 per ton) and Spain ($2,038 per ton), while the average price for exports to Italy ($1,400 per ton) and Uruguay ($1,567 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average frozen concentrated orange juice import price amounted to $2,263 per ton, with an increase of 18% against the previous year. Overall, the import price, however, saw a slight contraction. Over the period under review, average import prices hit record highs at $2,605 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($3,283 per ton), while the price for Brazil amounted to $2,171 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-1.8%).

Exports of Frozen Concentrated Orange Juice in Paraguay

In 2022, overseas shipments of frozen concentrated orange juice decreased by -9.7% to 635 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, showed a buoyant expansion. The growth pace was the most rapid in 2020 when exports increased by 129% against the previous year. As a result, the exports attained the peak of 1.2K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, frozen concentrated orange juice exports fell to $1.3M in 2022. Over the period under review, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 115%. As a result, the exports attained the peak of $1.9M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Frozen Concentrated Orange Juice in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands3741,5151,1521,07642.2%
Uruguay68.5N/A15875.93.5%
PanamaN/AN/AN/A52.30%
SpainN/A110N/A46.2-35.2%
ItalyN/A18670.935.2-56.5%
Greece14755.0N/AN/A-62.6%
Israel240N/AN/AN/A0%
Others37.8N/A69.2N/A35.3%
Total8671,8661,4501,28514.0%

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

  1. Netherlands (512.4 tons)
  2. Uruguay (48.4 tons)
  3. Panama (26.6 tons)
  4. Italy (25.2 tons)
  5. Spain (22.7 tons)

Imports of Frozen Concentrated Orange Juice in Paraguay

In 2022, frozen concentrated orange juice imports into Paraguay reduced modestly to 157 tons, which is down by -2.6% compared with 2021. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 22%. As a result, imports attained the peak of 162 tons, and then declined slightly in the following year.

In value terms, frozen concentrated orange juice imports skyrocketed to $356K in 2022. The total import value increased at an average annual rate of +7.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Frozen Concentrated Orange Juice in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil2762523043144.4%
Argentina11.818.64.942.653.4%
OthersN/AN/AN/AN/A0%
Total2882713093567.3%

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

  1. Brazil (144.4 tons)
  2. Argentina (13.0 tons)

Source: IndexBox Market Intelligence Platform

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