U.S. - Grapefruit Juice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Grapefruit Juice (Single Strength) in the United States - 2023
Contents:
- Price for Grapefruit Juice (Single Strength) in the United States (FOB) - 2023
- Price for Grapefruit Juice (Single Strength) in the United States (CIF) - 2023
- Exports of Grapefruit Juice (Single Strength) in the United States
- Imports of Grapefruit Juice (Single Strength) in the United States
Price for Grapefruit Juice (Single Strength) in the United States (FOB) - 2023
The average grapefruit juice (single strength) export price stood at $4,298 per ton in August 2023, with a decrease of -12.2% against the previous month. Over the period under review, the export price, however, continues to indicate a moderate expansion. The pace of growth appeared the most rapid in January 2023 an increase of 86% month-to-month. The export price peaked at $5,035 per ton in May 2023; however, from June 2023 to August 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In August 2023, the highest price was recorded for prices to the Dominican Republic ($5,798 per ton) and Mexico ($4,219 per ton), while the average price for exports to Canada ($4,219 per ton) and South Korea ($4,219 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Grapefruit Juice (Single Strength) in the United States (CIF) - 2023
In August 2023, the average grapefruit juice (single strength) import price amounted to $1,892 per ton, declining by -56.1% against the previous month. Overall, the import price showed a deep slump. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 200% m-o-m. The import price peaked at $8,311 per ton in August 2022; however, from September 2022 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was South Africa ($3,269 per ton), while the price for Cameroon ($477 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 Spain (+0.0%), while the prices for the other major suppliers experienced a decline.
Exports of Grapefruit Juice (Single Strength) in the United States
Grapefruit juice (single strength) exports from the United States reduced modestly to 4K tons in 2022, stabilizing at the previous year. Over the period under review, exports saw a dramatic descent.
In value terms, grapefruit juice (single strength) exports rose notably to $10M in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Grapefruit Juice (Single Strength) in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 4.9 | 4.9 | 5.4 | 6.2 | 8.2% |
| South Korea | 0.6 | 0.5 | 1.4 | 1.1 | 22.4% |
| Japan | 1.0 | 0.6 | 0.6 | 0.9 | -3.5% |
| Saudi Arabia | 0.5 | 0.8 | 0.3 | 0.7 | 11.9% |
| Mexico | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Netherlands | 1.4 | 0.5 | 0.6 | 0.2 | -47.7% |
| Others | 1.2 | 0.7 | 0.8 | 0.5 | -25.3% |
| Total | 9.8 | 8.1 | 9.4 | 10.0 | 0.7% |
Top Export Markets for Grapefruit Juice (Single Strength) from the United States in 2022:
- Canada (2658.5 tons)
- Japan (407.3 tons)
- Saudi Arabia (332.5 tons)
- South Korea (210.6 tons)
- Mexico (143.2 tons)
- Netherlands (92.7 tons)
Imports of Grapefruit Juice (Single Strength) in the United States
In 2022, overseas purchases of grapefruit juice (single strength) were finally on the rise to reach 2.8K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a significant curtailment.
In value terms, grapefruit juice (single strength) imports soared to $12M in 2022. Overall, imports recorded strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Grapefruit Juice (Single Strength) in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 5.2 | 4.6 | 4.8 | 11.5 | 30.3% |
| Spain | 2.1 | 0.1 | 0.1 | 0.4 | -42.5% |
| South Africa | 2.5 | N/A | 0.1 | 0.2 | -56.9% |
| Trinidad and Tobago | N/A | N/A | 0.1 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.8 | 4.8 | 5.1 | 12.2 | 7.6% |
Top Suppliers of Grapefruit Juice (Single Strength) to the United States in 2022:
- Mexico (2278.3 tons)
- South Africa (411.8 tons)
- Spain (85.5 tons)
- Trinidad and Tobago (53.9 tons)
This report provides an in-depth analysis of the market for grapefruit juice (single strength) in the U.S.. 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:
- FCL 509 - Juice of Grapefruit
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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