China: Apple Juice Market 2022

Apple Juice Market Size in China

In 2021, the Chinese apple juice market increased by X% to $X for the first time since 2016, thus ending a four-year declining trend. Overall, consumption saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the market value increased by X%. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Apple Juice Production in China

In value terms, apple juice production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Apple Juice Exports

Exports from China

Apple juice exports from China reduced sharply to X tons in 2021, falling by -X% against 2020. In general, exports continue to indicate a sharp shrinkage. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, apple juice exports declined markedly to $X in 2021. Overall, exports recorded a precipitous slump. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Taiwan (Chinese) (X tons), Hong Kong SAR (X tons) and Thailand (X tons) were the main destinations of apple juice exports from China, together accounting for X% of total exports.

From 2012 to 2021, the biggest increases were in Taiwan (Chinese) (with a CAGR of +X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for apple juice exported from China were Taiwan (Chinese) ($X), Hong Kong SAR ($X) and Malaysia ($X), with a combined X% share of total exports.

Among the main countries of destination, Taiwan (Chinese), with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average apple juice export price amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($X per ton), while the average price for exports to Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Apple Juice Imports

Imports into China

In 2021, the amount of apple juice (single strength) imported into China soared to X tons, rising by X% compared with 2020. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in years to come.

In value terms, apple juice imports surged to $X in 2021. Over the period under review, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Spain (X tons), Cyprus (X tons) and New Zealand (X tons) were the main suppliers of apple juice imports to China, with a combined X% share of total imports. Greece, Poland, Japan, Germany, Turkey, the United States and Argentina lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in Argentina (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest apple juice suppliers to China were Spain ($X), New Zealand ($X) and Cyprus ($X), with a combined X% share of total imports. Japan, Greece, Germany, the United States, Poland, Argentina and Turkey lagged somewhat behind, together comprising a further X the main suppliers, Argentina, with a CAGR of +X%, recorded the highest growth rate of 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

The average apple juice import price stood at $X per ton in 2021, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a pronounced downturn. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Japan ($X per ton), while the price for Cyprus ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform