South-Eastern Asia: Market for Concentrated Lemon And Other Citrus Fruit Juice 2024

Market Size for Concentrated Lemon And Other Citrus Fruit Juice in South-Eastern Asia

The Southeast Asian market for concentrated lemon and other citrus fruit juice was finally on the rise to reach $X in 2022, after two years of decline. Overall, consumption, however, continues to indicate a abrupt contraction. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Concentrated Lemon And Other Citrus Fruit Juice in South-Eastern Asia

In value terms, production of concentrated lemon and other citrus fruit juice fell modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Exports of Concentrated Lemon And Other Citrus Fruit Juice

Exports in South-Eastern Asia

In 2022, shipments abroad of concentrated lemon and other citrus fruit juice decreased by X% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, exports, however, posted strong growth. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports of reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of concentrated lemon and other citrus fruit juice soared to $X in 2022. In general, exports, however, posted a resilient expansion. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Thailand was the main exporting country with an export of about X tons, which amounted to X% of total exports. The Philippines (X tons) ranks second in terms of the total exports with a X% share, followed by Vietnam (X%).

From 2012 to 2022, average annual rates of growth with regard to concentrated lemon and other citrus fruit juice exports from Thailand stood at X%. At the same time, Vietnam (X%) and the Philippines (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. While the share of the Philippines (X p.p.), Thailand (X p.p.) and Vietnam (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Philippines ($X), Thailand ($X) and Vietnam ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, surging by X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced a decline in the export price figures.

Imports of Concentrated Lemon And Other Citrus Fruit Juice

Imports in South-Eastern Asia

After two years of decline, overseas purchases of concentrated lemon and other citrus fruit juice increased by X% to X tons in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of concentrated lemon and other citrus fruit juice skyrocketed to $X in 2022. In general, imports showed a pronounced expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, Singapore (X tons), distantly followed by Thailand (X tons), the Philippines (X tons), Malaysia (X tons) and Myanmar (X tons) were the main importers of concentrated lemon and other citrus fruit juice, together comprising X% of total imports. Indonesia (X tons) and Vietnam (X tons) held a minor share of total imports.

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

In value terms, the largest concentrated lemon and other citrus fruit juice importing markets in South-Eastern Asia were Thailand ($X), Singapore ($X) and Indonesia ($X), together comprising X% of total imports. The Philippines, Malaysia, Vietnam and Myanmar lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, the Philippines, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, falling by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then contracted modestly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Indonesia ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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