Asia: Overview of the Market for Grapefruit Juice (Single Strength) 2021

Market Size for Grapefruit Juice (Single Strength) in Asia

For the fourth consecutive year, the Asian grapefruit juice (single strength) market recorded growth in sales value, which increased by X% to $X in 2019. Over the period under review, consumption, however, enjoyed a modest expansion. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X. From 2009 to 2019, the growth of the market failed to regain the momentum.

Production of Grapefruit Juice (Single Strength) in Asia

In value terms, grapefruit juice (single strength) production rose to $X in 2019 estimated in export prices. The total production indicated a temperate increase from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2016 indices. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. As a result, production attained the peak level of $X. From 2009 to 2019, production growth failed to regain the momentum.

Production By Country in Asia

The country with the largest volume of grapefruit juice (single strength) production was Israel (X tonnes), accounting for X% of total volume. Moreover, grapefruit juice (single strength) production in Israel exceeded the figures recorded by the second-largest producer, Thailand (X tonnes), threefold. The third position in this ranking was occupied by Saudi Arabia (X tonnes), with a X% share.

In Israel, grapefruit juice (single strength) production shrank by an average annual rate of -X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Thailand (-X% per year) and Saudi Arabia (+X% per year).

Exports of Grapefruit Juice (Single Strength)

Exports in Asia

In 2019, overseas shipments of grapefruit juice (single strength) decreased by -X% to X tonnes, falling for the third year in a row after two years of growth. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 when exports increased by X% year-to-year. The volume of export peaked at X tonnes in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

In value terms, grapefruit juice (single strength) exports declined to $X in 2019. Total exports indicated notable growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2012; however, from 2013 to 2019, exports failed to regain the momentum.

Exports by Country

Israel dominates grapefruit juice (single strength) exports structure, recording X tonnes, which was approx. X% of total exports in 2019. Saudi Arabia (X tonnes) ranks second in terms of the total exports with a X% share, followed by Cyprus (X%). Nepal (X tonnes) held a minor share of total exports.

Israel experienced a relatively flat trend pattern with regard to volume of exports of grapefruit juice (single strength). At the same time, Nepal (+X%) and Saudi Arabia (+X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2007-2019. Cyprus experienced a relatively flat trend pattern. Saudi Arabia (+X p.p.) and Nepal (+X p.p.) significantly strengthened its position in terms of the total exports, while Israel saw its share reduced by -X% from 2007 to 2019, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Israel ($X) remains the largest grapefruit juice (single strength) supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by Nepal ($X), with a X% share of total exports. It was followed by Cyprus, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value in Israel stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Nepal (+X% per year) and Cyprus (-X% per year).

Export Prices by Country

In 2019, the grapefruit juice (single strength) export price in Asia amounted to $X per tonne, remaining constant against the previous year. Export price indicated a temperate expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, grapefruit juice (single strength) export price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The level of export peaked in 2019 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Israel ($X per tonne), while Saudi Arabia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Israel, while the other leaders experienced a decline in the export price figures.

Imports of Grapefruit Juice (Single Strength)

Imports in Asia

In 2019, after two years of decline, there was growth in overseas purchases of grapefruit juice (single strength), when their volume increased by X% to X tonnes. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2016; however, from 2017 to 2019, imports stood at a somewhat lower figure.

In value terms, grapefruit juice (single strength) imports shrank modestly to $X in 2019. The total import value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2019, the growth imports remained at a lower figure.

Imports by Country

Japan was the largest importer of grapefruit juice (single strength) in Asia, with the volume of imports accounting for X tonnes, which was near X% of total imports in 2019. China (X tonnes) took a X% share (based on tonnes) of total imports, which put it in second place, followed by South Korea (X%), Saudi Arabia (X%) and Qatar (X%). The following importers - Afghanistan (X tonnes) and Hong Kong SAR (X tonnes) - each recorded a X% share of total imports.

From 2007 to 2019, the biggest increases were in Qatar (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported grapefruit juice (single strength) in Asia, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

In Japan, grapefruit juice (single strength) imports contracted by an average annual rate of -X% over the period from 2007-2019. The remaining importing countries recorded the following average annual rates of imports growth: China (+X% per year) and South Korea (+X% per year).

Import Prices by Country

In 2019, the grapefruit juice (single strength) import price in Asia amounted to $X per tonne, which is down by -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 when the import price increased by X% against the previous year. The level of import peaked at $X per tonne in 2018, and then shrank in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was South Korea ($X per tonne), while Saudi Arabia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for grapefruit juice (single strength) in Asia?

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The countries with the highest volumes of grapefruit juice (single strength) consumption in 2019 were Israel (19K tonnes), Thailand (16K tonnes) and Saudi Arabia (4.6K tonnes), with a combined 76% share of total consumption. Japan, India, China and South Korea lagged somewhat behind, together comprising a further 18%.

What are the largest producers of grapefruit juice (single strength) in Asia?

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Israel (42K tonnes) constituted the country with the largest volume of grapefruit juice (single strength) production, accounting for 60% of total volume. Moreover, grapefruit juice (single strength) production in Israel exceeded the figures recorded by the second-largest producer, Thailand (16K tonnes), threefold. Saudi Arabia (5.3K tonnes) ranked third in terms of total production with a 7.6% share.

What are the leading suppliers of grapefruit juice (single strength) in Asia?

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In value terms, Israel ($25M) remains the largest grapefruit juice (single strength) supplier in Asia, comprising 87% of total exports. The second position in the ranking was occupied by Nepal ($855K), with a 2.9% share of total exports. It was followed by Cyprus, with a 2.6% share.

What are the leading importers of grapefruit juice (single strength) in Asia?

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In value terms, Japan ($6.1M) constitutes the largest market for imported grapefruit juice (single strength) in Asia, comprising 48% of total imports. The second position in the ranking was occupied by China ($2.4M), with a 19% share of total imports. It was followed by South Korea, with a 12% share.

What is the average export price for grapefruit juice (single strength) in Asia?

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The grapefruit juice (single strength) export price in Asia stood at $1,026 per tonne in 2019, standing approx. at the previous year.

What is the average import price for grapefruit juice (single strength) in Asia?

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In 2019, the grapefruit juice (single strength) import price in Asia amounted to $1,286 per tonne, waning by -2.4% against the previous year.