Italy: Market for Orange Juice (Single Strength) 2024

Market Size for Orange Juice (Single Strength) in Italy

The Italian orange juice (single strength) market dropped markedly to $X in 2022, which is down by X% 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 showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Exports of Orange Juice (Single Strength)

Exports from Italy

In 2022, approx. X tons of orange juice (single strength) were exported from Italy; picking up by X% compared with the previous year. In general, exports saw a prominent expansion. The pace of growth appeared the most rapid in 2016 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, orange juice (single strength) exports skyrocketed to $X in 2022. Over the period under review, exports posted a remarkable increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

France (X tons), Malta (X tons) and the United States (X tons) were the main destinations of orange juice (single strength) exports from Italy, together accounting for X% of total exports. Slovenia, Germany, South Korea, the Netherlands, Japan, Libya, Austria and Switzerland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for orange juice (single strength) exported from Italy were France ($X), Germany ($X) and Japan ($X), together accounting for X% of total exports. Malta, the United States, Austria, the Netherlands, Switzerland, South Korea, Slovenia and Libya lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Austria, 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 more modest paces of growth.

Export Prices by Country

The average orange juice (single strength) export price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price saw a mild reduction. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (X%), while the prices for the other major destinations experienced mixed trend patterns.

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Imports of Orange Juice (Single Strength)

Imports into Italy

In 2022, orange juice (single strength) imports into Italy contracted modestly to X tons, shrinking by X% on the previous year's figure. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, orange juice (single strength) imports shrank to $X in 2022. Over the period under review, total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest orange juice (single strength) supplier to Italy, accounting for a X% share of total imports. Moreover, orange juice (single strength) imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X tons), fivefold. France (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and France (X% per year).

In value terms, Germany ($X) constituted the largest supplier of orange juice (single strength) to Italy, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Austria, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Austria (X% per year).

Import Prices by Country

In 2022, the average orange juice (single strength) import price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by X%. The import price peaked at $X per ton in 2021, and then fell in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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