Eastern Europe: Market for Orange Juice (Single Strength) 2024

Market Size for Orange Juice (Single Strength) in Eastern Europe

The East European orange juice (single strength) market expanded significantly to $X in 2023, picking up by X% against the previous year. The total consumption indicated resilient growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2023 and is expected to retain growth in years to come.

Production of Orange Juice (Single Strength) in Eastern Europe

In value terms, orange juice (single strength) production rose markedly to $X in 2023 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level in 2023 and is likely to see gradual growth in the near future.

Exports of Orange Juice (Single Strength)

Exports in Eastern Europe

In 2023, after five years of growth, there was significant decline in shipments abroad of orange juice (single strength), when their volume decreased by X% to X tons. Total exports indicated a tangible increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2022, and then dropped in the following year.

In value terms, orange juice (single strength) exports expanded rapidly to $X in 2023. Total exports indicated resilient growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2018 with an increase of X%. The level of export peaked in 2023 and is likely to continue growth in years to come.

Exports by Country

Poland was the major exporter of orange juice (single strength) in Eastern Europe, with the volume of exports resulting at X tons, which was near X% of total exports in 2023. Hungary (X tons) ranks second in terms of the total exports with a X% share, followed by Russia (X%). Latvia (X tons), the Czech Republic (X tons), Lithuania (X tons) and Slovakia (X tons) held a relatively small share of total exports.

Exports from Poland increased at an average annual rate of X% from 2012 to 2023. At the same time, Slovakia (X%), Lithuania (X%), Hungary (X%) and Latvia (X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. Russia experienced a relatively flat trend pattern. By contrast, the Czech Republic (X%) illustrated a downward trend over the same period. Poland (X p.p.) and Slovakia (X p.p.) significantly strengthened its position in terms of the total exports, while Russia, Hungary and the Czech Republic saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest orange juice (single strength) supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Hungary ($X), with an X% share of total exports. It was followed by Russia, with a X% share.

In Poland, orange juice (single strength) exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Hungary (X% per year) and Russia (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2023, picking up by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Russia ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Imports of Orange Juice (Single Strength)

Imports in Eastern Europe

In 2023, overseas purchases of orange juice (single strength) decreased by X% to X tons, falling for the second year in a row after ten years of growth. Over the period under review, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, orange juice (single strength) imports surged to $X in 2023. Overall, imports, however, posted a resilient increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2023 and are expected to retain growth in years to come.

Imports by Country

In 2023, the Czech Republic (X tons) and Poland (X tons) were the key importers of orange juice (single strength) in Eastern Europe, together amounting to near X% of total imports. Slovakia (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Hungary (X%), Romania (X%), Lithuania (X%) and Ukraine (X%).

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Ukraine (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest orange juice (single strength) importing markets in Eastern Europe were the Czech Republic ($X), Poland ($X) and Slovakia ($X), with a combined X% share of total imports. Romania, Hungary, Lithuania and Ukraine lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Ukraine, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2023, increasing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Romania ($X per ton) and Lithuania ($X per ton), while Ukraine ($X per ton) and the Czech Republic ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform