U.S.: Market for Grapefruit Juice (Single Strength) 2024

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

The U.S. grapefruit juice (single strength) market skyrocketed to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption continues to indicate strong growth. Grapefruit juice (single strength) consumption peaked in 2022 and is likely to see gradual growth in the near future.

Production of Grapefruit Juice (Single Strength) in the U.S.

In value terms, grapefruit juice (single strength) production expanded notably to $X in 2022. Overall, production continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Grapefruit Juice (Single Strength)

Exports from the U.S.

In 2022, overseas shipments of grapefruit juice (single strength) decreased by X% to X tons, falling for the fifth year in a row after two years of growth. In general, exports showed a abrupt decline. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, grapefruit juice (single strength) exports expanded notably to $X in 2022. Over the period under review, exports recorded a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X tons) was the main destination for grapefruit juice (single strength) exports from the United States, with a X% share of total exports. Moreover, grapefruit juice (single strength) exports to Canada exceeded the volume sent to the second major destination, Japan (X tons), sevenfold. The third position in this ranking was taken by Saudi Arabia (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Canada totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Saudi Arabia (X% per year).

In value terms, Canada ($X) remains the key foreign market for grapefruit juice (single strength) exports from the United States, comprising X% of total exports. The second position in the ranking was taken by South Korea ($X), with an X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Japan (X% per year).

Export Prices by Country

The average grapefruit juice (single strength) export price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grapefruit Juice (Single Strength)

Imports into the U.S.

In 2022, purchases abroad of grapefruit juice (single strength) increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, grapefruit juice (single strength) imports skyrocketed to $X in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Mexico (X tons) was the main supplier of grapefruit juice (single strength) to the United States, with a X% share of total imports. Moreover, grapefruit juice (single strength) imports from Mexico exceeded the figures recorded by the second-largest supplier, Spain (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Mexico totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and South Africa (X% per year).

In value terms, Mexico ($X) constituted the largest supplier of grapefruit juice (single strength) to the United States, comprising X% of total imports. The second position in the ranking was taken by Spain ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Mexico amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and South Africa (X% per year).

Import Prices by Country

In 2022, the average grapefruit juice (single strength) import price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the import price, however, posted buoyant growth. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The import price peaked at $X per ton in 2021, and then shrank dramatically in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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