Asia: Market for Grapefruit Juice (Single Strength) 2024

Market Size for Grapefruit Juice (Single Strength) in Asia

The Asian grapefruit juice (single strength) market contracted to $X in 2022, declining by X% against the previous year. The total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Grapefruit Juice (Single Strength) in Asia

In value terms, grapefruit juice (single strength) production shrank to $X in 2022 estimated in export price. The total production indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Exports of Grapefruit Juice (Single Strength)

Exports in Asia

In 2022, shipments abroad of grapefruit juice (single strength) increased by X% to X tons, rising for the third year in a row after three years of decline. Overall, exports, however, continue to indicate a abrupt decrease. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, grapefruit juice (single strength) exports expanded sharply to $X in 2022. In general, exports, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Israel dominates exports structure, amounting to X tons, which was approx. X% of total exports in 2022. It was distantly followed by Cyprus (X tons), achieving a X% share of total exports. Nepal (X tons), Saudi Arabia (X tons) and Kuwait (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to grapefruit juice (single strength) exports from Israel stood at X%. At the same time, Kuwait (X%), Saudi Arabia (X%), Nepal (X%) and Cyprus (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Cyprus, Kuwait, Nepal and Saudi Arabia increased by X, X, X and X percentage points, respectively.

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

From 2012 to 2022, the average annual growth rate of value in Israel amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Cyprus (X% per year) and Kuwait (X% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, dropping by X% against the previous year. Export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grapefruit juice (single strength) export price decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced more modest paces of growth.

Imports of Grapefruit Juice (Single Strength)

Imports in Asia

In 2022, approx. X tons of grapefruit juice (single strength) were imported in Asia; waning by X% against the previous year's figure. Over the period under review, imports continue to indicate a mild descent. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, grapefruit juice (single strength) imports totaled $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons), distantly followed by South Korea (X tons), Japan (X tons) and Kuwait (X tons) were the major importers of grapefruit juice (single strength), together achieving X% of total imports. Hong Kong SAR (X tons), Jordan (X tons), Bahrain (X tons), Kazakhstan (X tons) and Cyprus (X tons) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Kuwait (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

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

In China, grapefruit juice (single strength) imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while Jordan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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