United Kingdom: Concentrated Grapefruit Juice Market 2022

Concentrated Grapefruit Juice Market Size in the UK

The UK concentrated grapefruit juice market reduced markedly to $X in 2021, with a decrease of -78.5% against the previous year. Over the period under review, consumption saw a precipitous setback. Concentrated grapefruit juice consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Concentrated Grapefruit Juice Production in the UK

In value terms, concentrated grapefruit juice production surged to $X in 2021 estimated in export price. In general, production, however, continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2013 with an increase of 47% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Concentrated Grapefruit Juice Exports

Exports from the UK

In 2021, overseas shipments of concentrated grapefruit juice were finally on the rise to reach X tons after four years of decline. Over the period under review, exports, however, continue to indicate a abrupt contraction. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, concentrated grapefruit juice exports surged to $X in 2021. Overall, exports, however, showed a abrupt shrinkage. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Gibraltar (X tons) was the main destination for concentrated grapefruit juice exports from the UK, accounting for a 70% share of total exports. Moreover, concentrated grapefruit juice exports to Gibraltar exceeded the volume sent to the second major destination, France (X tons), sixfold. Italy (X tons) ranked third in terms of total exports with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Gibraltar was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-13.5% per year) and Italy (+14.4% per year).

In value terms, Gibraltar ($X) emerged as the key foreign market for concentrated grapefruit juice exports from the UK, comprising 77% of total exports. The second position in the ranking was held by France ($X), with a 5.7% share of total exports. It was followed by Ireland, with a 4.9% share.

From 2012 to 2021, the average annual growth rate of value to Gibraltar was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-13.0% per year) and Ireland (-23.1% per year).

Export Prices by Country

In 2021, the average concentrated grapefruit juice export price amounted to $X per ton, with an increase of 116% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Gibraltar ($X per ton), while the average price for exports to Italy ($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 Cyprus (+11.6%), while the prices for the other major destinations experienced mixed trend patterns.

Concentrated Grapefruit Juice Imports

Imports into the UK

Concentrated grapefruit juice imports into the UK dropped remarkably to X tons in 2021, falling by -86.7% against the year before. In general, imports saw a dramatic decrease. The pace of growth was the most pronounced in 2016 when imports increased by 44%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, concentrated grapefruit juice imports reduced markedly to $X in 2021. Overall, imports recorded a dramatic setback. The pace of growth was the most pronounced in 2016 when imports increased by 17% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Spain (X tons), the Netherlands (X tons) and South Africa (X tons) were the main suppliers of concentrated grapefruit juice imports to the UK, with a combined 75% share of total imports. The United States, Israel, Jamaica, Ireland and France lagged somewhat behind, together comprising a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +3.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Spain ($X) and Jamaica ($X) constituted the largest concentrated grapefruit juice suppliers to the UK, with a combined 64% share of total imports. These countries were followed by South Africa, the United States, Israel, France and Ireland, which together accounted for a further 33%.

Among the main suppliers, South Africa, with a CAGR of +8.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average concentrated grapefruit juice import price amounted to $X per ton, picking up by 173% against the previous year. Overall, the import price continues to indicate resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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