India: Concentrated Orange Juice Market 2024

Concentrated Orange Juice Market Size in India

In 2021, the Indian concentrated orange juice market was finally on the rise to reach $X after two years of decline. Over the period under review, the total consumption indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Concentrated orange juice consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Concentrated Orange Juice Exports

Exports from India

Concentrated orange juice exports from India contracted to X tons in 2021, reducing by -11.4% compared with the previous year's figure. Over the period under review, exports saw a abrupt decrease. The growth pace was the most rapid in 2013 with an increase of 220% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, concentrated orange juice exports dropped remarkably to $X in 2021. In general, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2017 when exports increased by 208%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Bhutan (X tons) was the main destination for concentrated orange juice exports from India, accounting for a 63% share of total exports. Moreover, concentrated orange juice exports to Bhutan exceeded the volume sent to the second major destination, Nepal (X tons), fourfold. The UK (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Bhutan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Nepal (+58.6% per year) and the UK (+50.3% per year).

In value terms, Bhutan ($X) remains the key foreign market for concentrated orange juice exports from India, comprising 61% of total exports. The second position in the ranking was held by Nepal ($X), with a 21% share of total exports. It was followed by the UK, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Bhutan amounted to +16.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nepal (+47.6% per year) and the UK (+30.4% per year).

Export Prices by Country

The average concentrated orange juice export price stood at $X per ton in 2021, falling by -39.6% against the previous year. In general, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2016 an increase of 74%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Malaysia ($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 Bhutan (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

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Concentrated Orange Juice Imports

Imports into India

In 2021, after two years of decline, there was significant growth in purchases abroad of concentrated orange juice, when their volume increased by 90% to X tons. In general, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of 93% against the previous year. Imports peaked at X tons in 2018; afterwards, it flattened through to 2021.

In value terms, concentrated orange juice imports soared to $X in 2021. Over the period under review, total imports indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Brazil (X tons), the United States (X tons) and Israel (X tons) were the main suppliers of concentrated orange juice imports to India, together accounting for 77% of total imports. Egypt, Spain, Belgium and South Africa lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +39.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Israel ($X) and the United States ($X) were the largest concentrated orange juice suppliers to India, together comprising 76% of total imports. Spain, Egypt, Belgium and South Africa lagged somewhat behind, together comprising a further 22%.

Belgium, with a CAGR of +31.4%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average concentrated orange juice import price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the import price saw a pronounced decrease. The pace of growth appeared the most rapid in 2020 when the average import price increased by 12% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+11.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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