Czech Republic: Concentrated Grapefruit Juice Market 2022

Concentrated Grapefruit Juice Market Size in the Czech Republic

The Czech concentrated grapefruit juice market declined rapidly to $X in 2021, waning by -24.2% against 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 faced a deep slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Concentrated Grapefruit Juice Exports

Exports from the Czech Republic

In 2021, after two years of decline, there was significant growth in shipments abroad of concentrated grapefruit juice, when their volume increased by 20% to X kg. Over the period under review, exports, however, showed a abrupt slump. The pace of growth was the most pronounced in 2014 with an increase of 244%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, concentrated grapefruit juice exports skyrocketed to $X in 2021. In general, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 471%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands (X kg) was the main destination for concentrated grapefruit juice exports from the Czech Republic, with a 79% share of total exports. Moreover, concentrated grapefruit juice exports to the Netherlands exceeded the volume sent to the second major destination, Slovakia (X kg), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Netherlands amounted to -2.9%.

In value terms, the Netherlands ($X) emerged as the key foreign market for concentrated grapefruit juice exports from the Czech Republic, comprising 85% of total exports. The second position in the ranking was taken by Slovakia ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands stood at +3.3%.

Export Prices by Country

The average concentrated grapefruit juice export price stood at $X per ton in 2021, rising by 55% against the previous year. In general, export price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 an increase of 66%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Slovakia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+754.1%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Grapefruit Juice Imports

Imports into the Czech Republic

In 2021, imports of concentrated grapefruit juice into the Czech Republic shrank to X tons, dropping by -7.3% against the previous year. Overall, imports faced a abrupt curtailment. The growth pace was the most rapid in 2019 when imports increased by 29%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, concentrated grapefruit juice imports declined sharply to $X in 2021. In general, imports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 21% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of concentrated grapefruit juice to the Czech Republic, accounting for a 67% share of total imports. Moreover, concentrated grapefruit juice imports from the Netherlands exceeded the figures recorded by the second-largest supplier, France (X tons), fivefold. The third position in this ranking was taken by Italy (X tons), with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands totaled +13.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-4.7% per year) and Italy (-14.2% per year).

In value terms, the largest concentrated grapefruit juice suppliers to the Czech Republic were the Netherlands ($X), France ($X) and Italy ($X), with a combined 93% share of total imports. These countries were followed by Austria and Israel, which together accounted for a further 6%.

Austria, with a CAGR of +9.7%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average concentrated grapefruit juice import price amounted to $X per ton, declining by -22.1% against the previous year. In general, import price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, concentrated grapefruit juice import price increased by +28.9% against 2015 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 42% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell notably in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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