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South Africa - Frozen Unconcentrated Orange Juice - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Frozen Concentrated Orange Juice in South Africa - 2023
Contents:
- Price for Frozen Concentrated Orange Juice in South Africa (FOB) - 2023
- Price for Frozen Concentrated Orange Juice in South Africa (CIF) - 2022
- Exports of Frozen Concentrated Orange Juice in South Africa
- Imports of Frozen Concentrated Orange Juice in South Africa
Price for Frozen Concentrated Orange Juice in South Africa (FOB) - 2023
The average frozen concentrated orange juice export price stood at $2,242 per ton in July 2023, increasing by 4.3% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +3.3%. The growth pace was the most rapid in October 2022 when the average export price increased by 28% against the previous month. Over the period under review, the average export prices reached the maximum in July 2023.
Average prices varied somewhat for the major external markets. In July 2023, the countries with the highest prices were Belgium ($2,627 per ton) and the United States ($2,423 per ton), while the average price for exports to Italy ($1,977 per ton) and Zambia ($2,191 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Frozen Concentrated Orange Juice in South Africa (CIF) - 2022
The average frozen concentrated orange juice import price stood at $5,583 per ton in 2022, increasing by 257% against the previous year. In general, the import price continues to indicate resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($5,924 per ton), while the price for Ghana ($800 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+48.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Frozen Concentrated Orange Juice in South Africa
In 2022, the amount of frozen concentrated orange juice exported from South Africa surged to 9.5K tons, with an increase of 113% compared with the previous year's figure. In general, exports posted a buoyant increase.
In value terms, frozen concentrated orange juice exports soared to $16M in 2022. Overall, exports enjoyed resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Frozen Concentrated Orange Juice in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 5.6 | 11.3 | 5.4 | 7.0 | 7.7% |
Israel | 0.8 | N/A | 0.3 | 3.0 | 55.4% |
United States | 1.0 | 0.3 | 0.3 | 1.7 | 19.3% |
India | 1.1 | 0.8 | 0.2 | 0.9 | -6.5% |
Ecuador | N/A | N/A | N/A | 0.9 | 0% |
Spain | 0.4 | 1.3 | 0.3 | 0.8 | 26.0% |
Italy | 0.9 | 0.6 | 0.4 | 0.4 | -23.7% |
Botswana | 0.2 | 0.1 | N/A | N/A | -50.0% |
Others | 0.4 | 1.1 | 0.6 | 1.8 | 65.1% |
Total | 10.5 | 15.4 | 7.5 | 16.4 | 16.0% |
Top Export Markets for Frozen Concentrated Orange Juice from South Africa in 2022:
- Botswana (undefinedK tons)
- Netherlands (4.0K tons)
- Israel (1.6K tons)
- United States (0.8K tons)
- Ecuador (0.7K tons)
- India (0.5K tons)
- Spain (0.4K tons)
- Italy (0.2K tons)
Imports of Frozen Concentrated Orange Juice in South Africa
After three years of growth, overseas purchases of frozen concentrated orange juice decreased by -99.8% to 745 kg in 2022. Overall, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 11,522% against the previous year. As a result, imports attained the peak of 316 tons, and then fell rapidly in the following year.
In value terms, frozen concentrated orange juice imports fell remarkably to $4.2K in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 19,599% against the previous year. As a result, imports reached the peak of $494K, and then reduced sharply in the following year.
Import of Frozen Concentrated Orange Juice in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | N/A | N/A | N/A | 4.0 | 0% |
Italy | N/A | N/A | N/A | 0.1 | 0% |
Israel | N/A | N/A | 337 | N/A | 0% |
Brazil | N/A | N/A | 157 | N/A | 0% |
Ghana | N/A | N/A | N/A | N/A | 0% |
Others | 0.3 | 2.5 | N/A | N/A | 733.3% |
Total | 0.3 | 2.5 | 494 | 4.2 | 141.0% |
Top Suppliers of Frozen Concentrated Orange Juice to South Africa in 2022:
- Poland (680.0 kg)
- Italy (48.0 kg)
- Ghana (15.0 kg)
This report provides an in-depth analysis of the frozen orange juice market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10321210 - Frozen unconcentrated orange juice
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The price of Concentrated Orange Juice was $1,315 per ton (FOB, South Africa) in May 2023, showing a decrease of 16.6% compared to the previous month.
The highest growth rate occurred in November 2023, with a 62% increase month-to-month. The import value of Concentrated Apple Juice surged to $5.5M in January 2024.
The rate of expansion was most pronounced in November 2023, with imports surging by 62% month-on-month. In terms of value, Concentrated Apple Juice imports soared to $4.4M in December 2023.
In April 2023, the concentrated apple juice price amounted to $1,872 per ton (CIF, South Africa), with an increase of 4.1% against the previous month.
In November 2023, the exports of Concentrated Pineapple Juice reached a peak with a value of $4.8M.
The most significant increase in growth was seen in July 2023 with concentrated grapefruit juice exports rising by 63% compared to the previous month. However, exports decreased to $2.9M in January 2024.
In February 2023, the concentrated grapefruit juice price stood at $2,439 per ton (FOB, South Africa), picking up by 9.1% against the previous month.
In June 2023, the price of Apple Juice was $984 per ton (FOB, South Africa), experiencing a 7.7% increase compared to the previous month.
In September 2022, there was a significant rate of growth as exports of Mixed Juices increased by 35% month-on-month. However, in July 2023, the value of Mixed Juices exports slightly decreased to $5.2M.
Tomato Juice exports reached a peak and are projected to keep growing in the near future. The value of Tomato Juice exports surged to $195K in 2023.