Price for Frozen Concentrated Orange Juice in Uruguay - 2022
Contents:
- Price for Frozen Concentrated Orange Juice in Uruguay (CIF) - 2022
- Price for Frozen Concentrated Orange Juice in Uruguay (FOB) - 2022
- Imports of Frozen Concentrated Orange Juice in Uruguay
- Exports of Frozen Concentrated Orange Juice in Uruguay
Price for Frozen Concentrated Orange Juice in Uruguay (CIF) - 2022
The average frozen concentrated orange juice import price stood at $2,065 per ton in 2022, leveling off at the previous year. Over the period under review, the import price, however, recorded a noticeable slump. The growth pace was the most rapid in 2017 when the average import price increased by 13% against the previous year. Over the period under review, average import prices attained the peak figure at $2,580 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($2,364 per ton), while the price for Paraguay ($1,740 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-1.1%), while the prices for the other major suppliers experienced a decline.
Price for Frozen Concentrated Orange Juice in Uruguay (FOB) - 2022
The average frozen concentrated orange juice export price stood at $1,804 per ton in 2022, jumping by 21% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The export price peaked at $1,989 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($1,928 per ton) and Italy ($1,769 per ton), while the average price for exports to Israel ($1,568 per ton) and Panama ($1,722 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 the Netherlands (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Frozen Concentrated Orange Juice in Uruguay
In 2022, overseas purchases of frozen concentrated orange juice decreased by -24.9% to 511 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 26%. As a result, imports attained the peak of 681 tons, and then declined remarkably in the following year.
In value terms, frozen concentrated orange juice imports shrank rapidly to $1.1M in 2022. In general, imports recorded a noticeable curtailment. The growth pace was the most rapid in 2021 when imports increased by 25%. As a result, imports attained the peak of $1.4M, and then reduced markedly in the following year.
| Import of Frozen Concentrated Orange Juice in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 911 | 884 | 920 | 602 | -12.9% |
| Argentina | 234 | 225 | 298 | 369 | 16.4% |
| Paraguay | 76.4 | N/A | 168 | 84.3 | 3.3% |
| Others | N/A | N/A | 0.7 | N/A | 0% |
| Total | 1,221 | 1,110 | 1,386 | 1,056 | -4.7% |
Top Suppliers of Frozen Concentrated Orange Juice to Uruguay in 2022:
- Brazil (254.8 tons)
- Argentina (208.0 tons)
- Paraguay (48.4 tons)
Exports of Frozen Concentrated Orange Juice in Uruguay
In 2022, approx. 830 tons of frozen concentrated orange juice were exported from Uruguay; rising by 77% against the year before. Overall, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 182% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, frozen concentrated orange juice exports soared to $1.5M in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 117%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Frozen Concentrated Orange Juice in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 226 | 558 | 423 | 850 | 55.5% |
| Israel | 57.2 | N/A | N/A | 278 | 69.4% |
| Italy | 13.2 | 272 | 76.7 | 188 | 142.4% |
| Panama | 21.3 | N/A | 115 | 183 | 104.8% |
| Spain | N/A | 62.0 | N/A | N/A | 0% |
| Mexico | 119 | N/A | N/A | N/A | 0% |
| Others | 35.8 | 134 | 82.7 | N/A | 52.0% |
| Total | 473 | 1,025 | 698 | 1,498 | 46.9% |
Top Export Markets for Frozen Concentrated Orange Juice from Uruguay in 2022:
- Netherlands (440.7 tons)
- Israel (177.6 tons)
- Panama (106.0 tons)
- Italy (106.0 tons)
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