Norway: Concentrated Grapefruit Juice Market 2022

Concentrated Grapefruit Juice Market Size in Norway

The Norwegian concentrated grapefruit juice market reduced remarkably to $X in 2021, dropping by -55.5% against the previous year. In general, consumption saw a deep setback. Concentrated grapefruit juice consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Concentrated Grapefruit Juice Production in Norway

In value terms, concentrated grapefruit juice production shrank slightly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 38% against the previous year. Concentrated grapefruit juice production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

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Concentrated Grapefruit Juice Exports

Exports from Norway

In 2021, the amount of concentrated grapefruit juice exported from Norway reached X tons, leveling off at the previous year. In general, exports, however, continue to indicate a noticeable decrease. The growth pace was the most rapid in 2016 when exports increased by 310% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, concentrated grapefruit juice exports stood at $X in 2021. Over the period under review, exports, however, showed a deep slump. The growth pace was the most rapid in 2016 with an increase of 535% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for concentrated grapefruit juice exports from Norway, accounting for a 90% share of total exports. Moreover, concentrated grapefruit juice exports to Spain exceeded the volume sent to the second major destination, Sweden (X kg), ninefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain amounted to -4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+11.5% per year) and Denmark (-41.1% per year).

In value terms, Spain ($X) remains the key foreign market for concentrated grapefruit juice exports from Norway, comprising 81% of total exports. The second position in the ranking was taken by Sweden ($X), with an 18% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain stood at -4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+0.4% per year) and Denmark (-30.8% per year).

Export Prices by Country

In 2021, the average concentrated grapefruit juice export price amounted to $X per ton, remaining stable against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 55%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Denmark ($X per ton), while the average price for exports to Spain ($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 Denmark (+17.3%), while the prices for the other major destinations experienced a decline.

Concentrated Grapefruit Juice Imports

Imports into Norway

In 2021, purchases abroad of concentrated grapefruit juice decreased by -37.8% to X tons, falling for the second year in a row after two years of growth. Overall, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by 116%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, concentrated grapefruit juice imports shrank markedly to $X in 2021. In general, imports saw a deep slump. The pace of growth was the most pronounced in 2018 with an increase of 165%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Israel (X tons), Egypt (X tons) and Cyprus (X kg) were the main suppliers of concentrated grapefruit juice imports to Norway, with a combined 70% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Israel (with a CAGR of +5.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Israel ($X), Egypt ($X) and Sweden ($X) were the largest concentrated grapefruit juice suppliers to Norway, together accounting for 63% of total imports.

Sweden, with a CAGR of +15.3%, 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 mixed trend patterns.

Import Prices by Country

The average concentrated grapefruit juice import price stood at $X per ton in 2021, with a decrease of -34.8% against the previous year. In general, the import price saw a slight curtailment. The growth pace was the most rapid in 2016 when the average import price increased by 48% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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