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

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

In 2022, the U.S. orange juice (single strength) market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption showed a significant expansion. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in years to come.

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

In value terms, orange juice (single strength) production stood at $X in 2022. In general, the total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Exports of Orange Juice (Single Strength)

Exports from the U.S.

In 2022, shipments abroad of orange juice (single strength) decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. In general, exports faced a sharp reduction. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, orange juice (single strength) exports reduced modestly to $X in 2022. Overall, exports continue to indicate a perceptible decline. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X tons) was the main destination for orange juice (single strength) exports from the United States, accounting for a X% share of total exports. Moreover, orange juice (single strength) exports to Canada exceeded the volume sent to the second major destination, the Dominican Republic (X tons), more than tenfold. The third position in this ranking was taken by Saudi Arabia (X tons), with a X% share.

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

In value terms, Canada ($X) remains the key foreign market for orange juice (single strength) exports from the United States, comprising X% of total exports. The second position in the ranking was held by Mexico ($X), with a X% share of total exports. It was followed by the Dominican Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Canada amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and the Dominican Republic (X% per year).

Export Prices by Country

In 2022, the average orange juice (single strength) export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price continues to indicate significant growth. The growth pace was the most rapid in 2020 when the average export price increased by X%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while the average price for exports to the Dominican Republic ($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 Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Orange Juice (Single Strength)

Imports into the U.S.

In 2022, purchases abroad of orange juice (single strength) increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2016 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, orange juice (single strength) imports skyrocketed to $X in 2022. Overall, imports posted a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Brazil (X tons) constituted the largest orange juice (single strength) supplier to the United States, accounting for a X% share of total imports. Moreover, orange juice (single strength) imports from Brazil exceeded the figures recorded by the second-largest supplier, Mexico (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Brazil totaled X%.

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

From 2012 to 2022, the average annual growth rate of value from Brazil amounted to X%.

Import Prices by Country

The average orange juice (single strength) import price stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for Brazil totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%).

Source: IndexBox Platform

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