Australia: Market for Orange Juice (Single Strength) 2024

Market Size for Orange Juice (Single Strength) in Australia

In 2022, the Australian orange juice (single strength) market decreased by X% to $X, falling for the second consecutive year after two years of growth. In general, the total consumption indicated a modest 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, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Orange Juice (Single Strength) in Australia

In value terms, orange juice (single strength) production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Exports of Orange Juice (Single Strength)

Exports from Australia

In 2022, shipments abroad of orange juice (single strength) increased by X% to X tons, rising for the fourth consecutive year after two years of decline. In general, exports, however, showed a mild contraction. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, orange juice (single strength) exports skyrocketed to $X in 2022. Overall, exports, however, saw a mild decrease. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

New Zealand (X tons), Japan (X tons) and South Korea (X tons) were the main destinations of orange juice (single strength) exports from Australia, with a combined X% share of total exports. Wallis and Futuna Islands, Fiji, New Caledonia, the Philippines and Hong Kong SAR lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Wallis and Futuna Islands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), Japan ($X) and South Korea ($X) were the largest markets for orange juice (single strength) exported from Australia worldwide, together comprising X% of total exports. Wallis and Futuna Islands, Fiji, Hong Kong SAR, the Philippines and New Caledonia lagged somewhat behind, together accounting for a further X%.

Wallis and Futuna Islands, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average orange juice (single strength) export price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to New Caledonia ($X 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 New Zealand (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Orange Juice (Single Strength)

Imports into Australia

In 2022, the amount of orange juice (single strength) imported into Australia contracted dramatically to X tons, shrinking by X% against 2021 figures. Over the period under review, imports showed a sharp decline. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, orange juice (single strength) imports declined slightly to $X in 2022. Overall, imports faced a abrupt decrease. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Spain (X tons), New Zealand (X tons) and Thailand (X tons) were the main suppliers of orange juice (single strength) imports to Australia, together comprising X% of total imports. Kenya, Lebanon and Greece lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest orange juice (single strength) suppliers to Australia were New Zealand ($X), Spain ($X) and Thailand ($X), with a combined X% share of total imports.

Among the main suppliers, New Zealand, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average orange juice (single strength) import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price recorded a resilient increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was New Zealand ($X per ton), while the price for Lebanon ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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