Israel: Concentrated Grapefruit Juice Market 2022

Concentrated Grapefruit Juice Market Size in Israel

The Israeli concentrated grapefruit juice market totaled $X in 2021, growing by 4.2% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Concentrated Grapefruit Juice Production in Israel

In value terms, concentrated grapefruit juice production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt slump. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

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Concentrated Grapefruit Juice Exports

Exports from Israel

Concentrated grapefruit juice exports from Israel surged to X tons in 2021, picking up by 15% against the year before. In general, exports, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2017 with an increase of 25% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, concentrated grapefruit juice exports shrank modestly to $X in 2021. Overall, exports, however, saw a perceptible decrease. The pace of growth appeared the most rapid in 2018 when exports increased by 58%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Japan (X tons), China (X tons) and Russia (X tons) were the main destinations of concentrated grapefruit juice exports from Israel, together accounting for 77% of total exports.

From 2012 to 2021, the biggest increases were in China (with a CAGR of +22.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for concentrated grapefruit juice exported from Israel were Japan ($X), China ($X) and Russia ($X), with a combined 77% share of total exports.

Among the main countries of destination, China, with a CAGR of +24.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average concentrated grapefruit juice export price amounted to $X per ton, waning by -16.9% against the previous year. Overall, export price indicated slight growth from 2012 to 2021: its price increased at an average annual rate of +1.1% 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 export price decreased by -39.2% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of 48%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, the countries with the highest prices were the Netherlands ($X per ton) and Russia ($X per ton), while the average price for exports to China ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Grapefruit Juice Imports

Imports into Israel

In 2021, after three years of decline, there was significant growth in purchases abroad of concentrated grapefruit juice, when their volume increased by 29% to X tons. Overall, imports, however, recorded a deep setback. The growth pace was the most rapid in 2015 when imports increased by 74%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, concentrated grapefruit juice imports amounted to $X in 2021. Over the period under review, imports, however, continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 152% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

South Africa (X tons), the United States (X tons) and Mexico (X tons) were the main suppliers of concentrated grapefruit juice imports to Israel, together accounting for 83% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +11.7%), while imports for the other leaders experienced mixed trend patterns.

In value terms, South Africa ($X), the United States ($X) and Mexico ($X) appeared to be the largest concentrated grapefruit juice suppliers to Israel, together comprising 81% of total imports.

Mexico, with a CAGR of +13.9%, recorded 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

The average concentrated grapefruit juice import price stood at $X per ton in 2021, shrinking by -17% against the previous year. Over the period under review, the import price, however, saw a slight expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by 100% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Cuba ($X per ton) and Mexico ($X per ton), while the price for Cyprus ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+31.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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