Global Grapefruit Market 2023

Grapefruit Market Size

In 2021, after two years of growth, there was decline in the global grapefruit market, when its value decreased by -0.8% to $X. The market value increased at an average annual rate of +2.4% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. Global consumption peaked at $X in 2020, and then dropped slightly in the following year.

Grapefruit Production

In value terms, grapefruit production reduced modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.8% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 20% against the previous year. Global production peaked at $X in 2020, and then contracted in the following year.

China (X tons) constituted the country with the largest volume of grapefruit production, comprising approx. 50% of total volume. Moreover, grapefruit production in China exceeded the figures recorded by the second-largest producer, Vietnam (X tons), sixfold. India (X tons) ranked third in terms of total production with a 5.4% share.

In China, grapefruit production expanded at an average annual rate of +4.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Vietnam (+7.3% per year) and India (+5.7% per year).

The global average grapefruit yield fell slightly to X tons per ha in 2021, approximately reflecting the year before. Overall, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 5%. The global yield peaked at X tons per ha in 2020, and then fell in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the global grapefruit harvested area amounted to X ha, standing approx. at the previous year's figure. The harvested area increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2015 when the harvested area increased by 11%. The global harvested area peaked at X ha in 2019; however, from 2020 to 2021, the harvested area stood at a somewhat lower figure.

Grapefruit Exports

Exports

Global grapefruit exports shrank to X tons in 2021, falling by -10.2% compared with 2020. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by 16%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the global exports remained at a lower figure.

In value terms, grapefruit exports reduced modestly to $X in 2021. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 8.2%. The global exports peaked at $X in 2020, and then contracted modestly in the following year.

Exports by Country

In 2021, South Africa (X tons), distantly followed by Turkey (X tons), the Netherlands (X tons), China (X tons), Spain (X tons) and Israel (X tons) represented the largest exporters of grapefruits, together achieving 78% of total exports. The following exporters - the United States (X tons), Thailand (X tons), Hong Kong SAR (X tons) and Mexico (X tons) - together made up 11% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Hong Kong SAR (with a CAGR of +17.3%), while the other global leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), South Africa ($X) and China ($X) constituted the countries with the highest levels of exports in 2021, together comprising 48% of global exports. These countries were followed by Turkey, Spain, Israel, the United States, Thailand, Hong Kong SAR and Mexico, which together accounted for a further 40%.

Thailand, with a CAGR of +25.3%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average grapefruit export price amounted to $X per ton, rising by 6.1% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 13%. The global export price peaked in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+14.2%), while the other global leaders experienced more modest paces of growth.

Grapefruit Imports

Imports

Global grapefruit imports fell to X tons in 2021, dropping by -6.3% against the previous year's figure. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 12% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of global imports remained at a lower figure.

In value terms, grapefruit imports rose modestly to $X in 2021. The total import value increased at an average annual rate of +1.6% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2017 when imports increased by 12%. Over the period under review, global imports hit record highs in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, the Netherlands (X tons), distantly followed by China (X tons), Russia (X tons), France (X tons), Saudi Arabia (X tons) and Japan (X tons) were the main importers of grapefruits, together achieving 52% of total imports. Germany (X tons), Poland (X tons), Canada (X tons), Ukraine (X tons), Hong Kong SAR (X tons), Romania (X tons) and the United States (X tons) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the United States (with a CAGR of +35.8%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), China ($X) and Saudi Arabia ($X) were the countries with the highest levels of imports in 2021, together comprising 36% of global imports. Germany, Russia, France, Japan, Poland, Canada, Hong Kong SAR, the United States, Romania and Ukraine lagged somewhat behind, together accounting for a further 39%.

Among the main importing countries, the United States, with a CAGR of +42.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average grapefruit import price stood at $X per ton in 2021, growing by 9.8% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2017 an increase of 11%. Global import price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+12.1%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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