Price for Frozen Concentrated Orange Juice in Slovenia - 2023
Contents:
- Price for Frozen Concentrated Orange Juice in Slovenia (CIF) - 2023
- Price for Frozen Concentrated Orange Juice in Slovenia (FOB) - 2022
- Imports of Frozen Concentrated Orange Juice in Slovenia
- Exports of Frozen Concentrated Orange Juice in Slovenia
Price for Frozen Concentrated Orange Juice in Slovenia (CIF) - 2023
In August 2023, the average frozen concentrated orange juice import price amounted to $3,111 per ton, remaining stable against the previous month. Over the period under review, import price indicated a tangible increase from August 2022 to August 2023: its price increased at an average monthly rate of +4.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, frozen concentrated orange juice import price increased by +38.7% against March 2023 indices. The pace of growth appeared the most rapid in April 2023 an increase of 25% against the previous month. Over the period under review, average import prices hit record highs at $3,136 per ton in July 2023, and then fell in the following month.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($3,270 per ton), while the price for Belgium ($3,050 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Concentrated Orange Juice in Slovenia (FOB) - 2022
In 2022, the average frozen concentrated orange juice export price amounted to $2,495 per ton, falling by -4.2% against the previous year. In general, the export price saw a perceptible slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 16%. Over the period under review, the average export prices reached the maximum at $3,708 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat 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 North Macedonia ($3,939 per ton), while the average price for exports to Turkey ($811 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 Bosnia and Herzegovina (+8.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Frozen Concentrated Orange Juice in Slovenia
In 2022, imports of frozen concentrated orange juice into Slovenia skyrocketed to 1.7K tons, increasing by 42% against 2021. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen concentrated orange juice imports soared to $3.4M in 2022. Overall, total imports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +3.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Concentrated Orange Juice in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 2,199 | 1,021 | 1,509 | 2,348 | 2.2% |
| Netherlands | 395 | 411 | 404 | 560 | 12.3% |
| Italy | 235 | 317 | 410 | 302 | 8.7% |
| Austria | N/A | 0.5 | 0.7 | 109 | 1376.5% |
| India | 5.6 | 5.1 | 11.3 | 42.8 | 97.0% |
| Spain | 229 | N/A | N/A | N/A | 0% |
| Greece | N/A | 100 | 97.3 | N/A | -2.7% |
| Others | 28.9 | 71.0 | 1.2 | 29.5 | 0.7% |
| Total | 3,093 | 1,926 | 2,433 | 3,392 | 3.1% |
Top Suppliers of Frozen Concentrated Orange Juice to Slovenia in 2022:
- Brazil (1189.5 tons)
- Netherlands (249.8 tons)
- Italy (159.6 tons)
- Austria (60.4 tons)
- India (26.9 tons)
Exports of Frozen Concentrated Orange Juice in Slovenia
Frozen concentrated orange juice exports from Slovenia skyrocketed to 126 tons in 2022, rising by 83% on 2021. Overall, exports, however, showed a relatively flat trend pattern.
In value terms, frozen concentrated orange juice exports surged to $314K in 2022. In general, exports, however, continue to indicate a noticeable reduction.
| Export of Frozen Concentrated Orange Juice in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 265 | 131 | 165 | 276 | 1.4% |
| Serbia | 31.9 | 6.1 | 3.0 | 20.6 | -13.6% |
| North Macedonia | 14.7 | 15.3 | 10.4 | 9.8 | -12.6% |
| Turkey | N/A | N/A | N/A | 7.3 | 0% |
| Italy | 27.6 | N/A | N/A | N/A | 0% |
| Others | 8.7 | N/A | 0.9 | N/A | -67.8% |
| Total | 348 | 152 | 179 | 314 | -3.4% |
Top Export Markets for Frozen Concentrated Orange Juice from Slovenia in 2022:
- Croatia (108.6 tons)
- Turkey (9.1 tons)
- Serbia (5.8 tons)
- North Macedonia (2.5 tons)
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