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

Market Size for Grapefruit Juice (Single Strength) in Brazil

The Brazilian grapefruit juice (single strength) market was estimated at $X in 2019, approximately reflecting the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level in 2019 and is likely to continue growth in the immediate term.

Exports of Grapefruit Juice (Single Strength)

Exports from Brazil

For the fourth year in a row, Brazil recorded decline in shipments abroad of grapefruit juice (single strength), which decreased by -X% to X tonnes in 2019. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at X tonnes in 2015; however, from 2016 to 2019, exports stood at a somewhat lower figure.

In value terms, grapefruit juice (single strength) exports fell significantly to $X in 2019. Overall, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Exports peaked at $X in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

Exports by Country

France (X tonnes), Germany (X tonnes) and Austria (X kg) were the main destinations of grapefruit juice (single strength) exports from Brazil, with a combined X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France, while exports for the other leaders experienced a decline.

In value terms, Germany ($X) remains the key foreign market for grapefruit juice (single strength) exports from Brazil, comprising X% of total exports. The second position in the ranking was occupied by Austria ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Germany totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-X% per year) and France (-X% per year).

Export Prices by Country

In 2019, the average grapefruit juice (single strength) export price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, export price indicated a resilient expansion from 2007 to 2019: its price increased 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, grapefruit juice (single strength) export price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. The export price peaked at $X per tonne in 2012; however, from 2013 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per tonne), while the average price for exports to France ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grapefruit Juice (Single Strength)

Imports into Brazil

In 2019, approx. X tonnes of grapefruit juice (single strength) were imported into Brazil; jumping by X% against the previous year. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

In value terms, grapefruit juice (single strength) imports skyrocketed to $X in 2019. Overall, imports, however, saw a moderate increase. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, South Africa (X tonnes) constituted the largest grapefruit juice (single strength) supplier to Brazil, accounting for a X% share of total imports. Moreover, grapefruit juice (single strength) imports from South Africa exceeded the figures recorded by the second-largest supplier, Hungary (X tonnes), fourfold. Argentina (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from South Africa totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+X% per year) and Argentina (+X% per year).

In value terms, South Africa ($X) constituted the largest supplier of grapefruit juice (single strength) to Brazil, comprising X% of total imports. The second position in the ranking was occupied by Hungary ($X), with a X% share of total imports. It was followed by Argentina, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from South Africa was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+X% per year) and Argentina (+X% per year).

Import Prices by Country

In 2019, the average grapefruit juice (single strength) import price amounted to $X per tonne, picking up by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2019 and is likely to see steady growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2019, the countries with the highest prices were Austria ($X per tonne) and Argentina ($X per tonne), while the price for South Africa ($X per tonne) and Hungary ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Argentina, while the prices for the other major suppliers 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 the world?

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The country with the largest volume of grapefruit juice (single strength) consumption was South Africa (166K tonnes), comprising approx. 52% of total volume. Moreover, grapefruit juice (single strength) consumption in South Africa exceeded the figures recorded by the second-largest consumer, the U.S. (32K tonnes), fivefold. The third position in this ranking was occupied by Israel (19K tonnes), with a 6.1% share.

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

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South Africa (169K tonnes) constituted the country with the largest volume of grapefruit juice (single strength) production, accounting for 51% of total volume. Moreover, grapefruit juice (single strength) production in South Africa exceeded the figures recorded by the second-largest producer, Israel (42K tonnes), fourfold. The U.S. (36K tonnes) ranked third in terms of total production with a 11% share.

What are the leading suppliers of grapefruit juice (single strength) to Brazil?

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In value terms, South Africa ($5.6K) constituted the largest supplier of grapefruit juice (single strength) to Brazil, comprising 59% of total imports. The second position in the ranking was occupied by Hungary ($1.5K), with a 15% share of total imports. It was followed by Argentina, with a 15% share.

What are the leading importers of grapefruit juice (single strength) from Brazil?

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In value terms, Germany ($6.8K) remains the key foreign market for grapefruit juice (single strength) exports from Brazil, comprising 89% of total exports. The second position in the ranking was occupied by Austria ($398), with a 5.2% share of total exports. It was followed by France, with a 1.3% share.

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

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In 2019, the average grapefruit juice (single strength) export price amounted to $1,574 per tonne, increasing by 5.3% against the previous year.

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

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In 2019, the average grapefruit juice (single strength) import price amounted to $1,087 per tonne, with an increase of 5% against the previous year.