U.S.: Market for Apple Juice (Single Strength) 2021

Market Size for Apple Juice (Single Strength) in the U.S.

In 2020, the U.S. apple juice (single strength) market increased by X% to $X, rising for the fourth year in a row after two years of decline. Over the period under review, consumption, however, continues to indicate a abrupt decrease. The growth pace was the most rapid in 2009 when the market value increased by X% against the previous year. Apple juice (single strength) consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Exports of Apple Juice (Single Strength)

Exports from the U.S.

In 2020, the amount of apple juice (single strength) exported from the U.S. surged to X tonnes, with an increase of X% compared with 2019 figures. Overall, total exports indicated tangible growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at X tonnes in 2015; however, from 2016 to 2020, exports remained at a lower figure.

In value terms, apple juice (single strength) exports reached $X in 2020. Over the period under review, total exports indicated buoyant growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2016 indices. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Exports peaked at $X in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

Exports by Country

Canada (X tonnes) was the main destination for apple juice (single strength) exports from the U.S., with a X% share of total exports. Moreover, apple juice (single strength) exports to Canada exceeded the volume sent to the second major destination, Jamaica (X tonnes), twofold. The Philippines (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Jamaica (+X% per year) and the Philippines (+X% per year).

In value terms, Canada ($X) remains the key foreign market for apple juice (single strength) exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Jamaica ($X), with a X% share of total exports. It was followed by the Philippines, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Canada totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jamaica (+X% per year) and the Philippines (+X% per year).

Export Prices by Country

The average apple juice (single strength) export price stood at $X per tonne in 2020, declining by -X% against the previous year. Over the period under review, export price indicated a tangible increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, apple juice (single strength) export price decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne. from 2017 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2020, the countries with the highest prices were Bahamas ($X per tonne) and Mexico ($X per tonne), while the average price for exports to Jamaica ($X per tonne) and Canada ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Bahamas, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Apple Juice (Single Strength)

Imports into the U.S.

Apple juice (single strength) imports into the U.S. soared to X tonnes in 2020, jumping by X% on 2019. In general, imports, however, recorded a mild decrease. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, apple juice (single strength) imports soared to $X in 2020. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2010; however, from 2011 to 2020, imports remained at a lower figure.

Imports by Country

Canada (X tonnes), China (X tonnes) and Ukraine (X tonnes) were the main suppliers of apple juice (single strength) imports to the U.S., with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Ukraine, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), China ($X) and Ukraine ($X) were the largest apple juice (single strength) suppliers to the U.S., together comprising X% of total imports.

Ukraine saw 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 more modest paces of growth.

Import Prices by Country

The average apple juice (single strength) import price stood at $X per tonne in 2020, falling by -X% against the previous year. Over the period under review, import price indicated a slight expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the countries with the highest prices were Mexico ($X per tonne) and Canada ($X per tonne), while the price for China ($X per tonne) and Turkey ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform