Northern America: Market for Concentrated Lemon And Other Citrus Fruit Juice 2023

Market Size for Concentrated Lemon And Other Citrus Fruit Juice in Northern America

After two years of decline, the North American market for concentrated lemon and other citrus fruit juice increased by 16% to $X in 2021. The total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Concentrated Lemon And Other Citrus Fruit Juice in Northern America

In value terms, production of concentrated lemon and other citrus fruit juice stood at $X in 2021 estimated in export price. In general, production, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 50% against the previous year. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Concentrated Lemon And Other Citrus Fruit Juice

Exports in Northern America

In 2021, shipments abroad of concentrated lemon and other citrus fruit juice decreased by -39.1% to X tons, falling for the second year in a row after four years of growth. Over the period under review, exports, however, saw a moderate increase. The pace of growth was the most pronounced in 2017 with an increase of 95%. Over the period under review, the exports of reached the maximum at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of concentrated lemon and other citrus fruit juice dropped to $X in 2021. In general, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 29%. Over the period under review, the exports of attained the maximum at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The United States prevails in juice structure, amounting to X tons, which was near 93% of total exports in 2021. It was distantly followed by Canada (X tons), committing a 7.2% share of total exports.

Exports from the United States increased at an average annual rate of +3.4% from 2012 to 2021. At the same time, Canada (+12.5%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +12.5% from 2012-2021. While the share of Canada (+3.7 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the United States (-3.7 p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest concentrated lemon and other citrus fruit juice supplier in Northern America, comprising 99% of total exports. The second position in the ranking was taken by Canada ($X), with a 1.4% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the United States amounted to +9.8%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, rising by 63% against the previous year. Over the period under review, the export price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2020 when the export price increased by 75%. Over the period under review, the export prices reached the peak figure in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+6.2%).

Imports of Concentrated Lemon And Other Citrus Fruit Juice

Imports in Northern America

After two years of decline, supplies from abroad of concentrated lemon and other citrus fruit juice increased by 12% to X tons in 2021. Overall, imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2014 with an increase of 61%. Over the period under review, imports of hit record highs at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, imports of concentrated lemon and other citrus fruit juice reached $X in 2021. Total imports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -12.6% against 2018 indices. The pace of growth was the most pronounced in 2014 with an increase of 46%. The level of import peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States represented the main importing country with an import of about X tons, which recorded 73% of total imports. It was distantly followed by Canada (X tons), making up a 27% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to concentrated lemon and other citrus fruit juice imports into the United States stood at +4.0%. At the same time, Canada (+15.0%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +15.0% from 2012-2021. While the share of Canada (+14 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of the United States (-14 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported concentrated lemon and other citrus fruit juice in Northern America, comprising 74% of total imports. The second position in the ranking was taken by Canada ($X), with a 26% share of total imports.

In the United States, imports of concentrated lemon and other citrus fruit juice expanded at an average annual rate of +2.4% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, with a decrease of -9.6% against the previous year. Over the period under review, the import price continues to indicate a slight setback. The pace of growth was the most pronounced in 2020 when the import price increased by 46%. Over the period under review, import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-1.5%).

Source: IndexBox Platform

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