Latin America and the Caribbean: Non-Frozen Orange Juice Market 2020

Non-Frozen Orange Juice Market Size in Latin America and the Caribbean

The revenue of the non-frozen orange juice market in Latin America and the Caribbean amounted to $X in 2017, growing by X% against the previous year. The non-frozen orange juice consumption continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017, when market value increased by X% against the previous year. The level of non-frozen orange juice consumption peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Non-Frozen Orange Juice Production in Latin America and the Caribbean

In 2017, the amount of unconcentrated orange juice (excluding frozen) produced in Latin America and the Caribbean amounted to X tons, remaining constant against the previous year. The non-frozen orange juice production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when the output figure increased by X% y-o-y. Over the period under review, the non-frozen orange juice production attained its peak figure volume in 2017, and is likely to see steady growth in the near future.

Non-Frozen Orange Juice Exports in Latin America and the Caribbean

The exports stood at X tons in 2017, dropping by -X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2016, when exports increased by X% year-to-year. In that year, the non-frozen orange juice exports reached their peak volume of X tons, and then declined slightly in the following year.

In value terms, non-frozen orange juice exports totaled $X in 2017. The total exports indicated a pronounced expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the non-frozen orange juice exports increased by +X% against 2015 indices. In that year, the non-frozen orange juice exports reached their peak level of $X. From 2012 to 2017, growth of the non-frozen orange juice exports stood at a somewhat lower level.

Non-Frozen Orange Juice Exports by Country in Latin America and the Caribbean

Brazil prevails in non-frozen orange juice exports structure, recording X tons, which was approx. X% of total exports in 2017. Mexico (X tons) followed a long way behind the leaders.

Exports from Brazil increased at an average annual rate of +X% from 2007 to 2017. At the same time, Mexico (+X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. While the share of Brazil (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest non-frozen orange juice supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in Brazil amounted to +X%.

Non-Frozen Orange Juice Export Prices by Country in Latin America and the Caribbean

The non-frozen orange juice export price in Latin America and the Caribbean stood at $X per ton in 2017, going up by X% against the previous year. The non-frozen orange juice export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. In that year, the export prices for unconcentrated orange juice (excluding frozen) reached their peak level of $X per ton. From 2012 to 2017, growth of the export prices for unconcentrated orange juice (excluding frozen) failed to regain its momentum.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Mexico ($X per ton) and Brazil ($X per ton), while Brazil ($X per ton) and Mexico ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Mexico (+X% per year).

Non-Frozen Orange Juice Imports in Latin America and the Caribbean

In 2017, approx. X tons of unconcentrated orange juice (excluding frozen) were imported in Latin America and the Caribbean; going down by -X% against the previous year. The non-frozen orange juice imports continue to indicate a significant drop. The pace of growth was the most pronounced in 2016, when imports increased by X% year-to-year. Over the period under review, the non-frozen orange juice imports reached its maximum volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, non-frozen orange juice imports stood at $X in 2017. The non-frozen orange juice imports continue to indicate a relatively flat trend pattern. Over the period under review, the non-frozen orange juice imports attained its maximum level of $X in 2016, and then declined slightly in the following year.

Non-Frozen Orange Juice Imports by Country in Latin America and the Caribbean

In 2017, Mexico (X tons), Costa Rica (X tons), Brazil (X tons), Nicaragua (X tons), Panama (X tons), Chile (X tons), Bahamas (X tons) and El Salvador (X tons) represented the key importers of unconcentrated orange juice (excluding frozen) in Latin America and the Caribbean, constituting X% of total import. Saint Lucia (X tons), Colombia (X tons), the Dominican Republic (X tons) and Suriname (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Nicaragua (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Bahamas ($X), Costa Rica ($X) and Mexico ($X) were the countries with the highest levels of imports in 2017, together accounting for X% of total imports. These countries were followed by Chile, Panama, Nicaragua, Brazil, Saint Lucia, Colombia, El Salvador, the Dominican Republic and Suriname, which together accounted for a further X%.

Nicaragua (+X% per year) experienced the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Non-Frozen Orange Juice Import Prices by Country in Latin America and the Caribbean

In 2017, the non-frozen orange juice import price in Latin America and the Caribbean amounted to $X per ton, increasing by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. Over the period under review, the import prices for unconcentrated orange juice (excluding frozen) attained its maximum level in 2017, and is expected to retain its growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Bahamas ($X per ton), while El Salvador ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Panama (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform