Fruit and vegetable juices market in Caribbean

Earlier Report Observations

The fruit and vegetable juice market in the Caribbean showed a declining volume trend from 2018 to 2021, with market size falling from 1 025.9 M l to 624.8 M l. In 2018, the market was characterized as a niche with pure juices dominating at 61% share, and manufacturers began entering the vegetable juice segment to meet growing demand for natural and nutritional improvement.

A sharp contraction occurred in 2022, when market volume dropped to 132.3 M l while market value rose to $225.8 M US. This shift was driven by rising raw material prices for oranges, pineapples, mangoes, and apples due to Covid-19 supply chain impacts, which increased production costs and consumer prices, reducing import volumes. Concurrently, the launch of new functional juice ranges and growth in fresh juice sales indicated evolving consumer preferences toward health-oriented products.

From 2023 to 2024, persistent inflation further elevated juice prices, supporting market value growth to $240.0 M US in 2023. The distribution sector transformed with the rise of drive-through and online sales, while private label shares increased. Consumer trends shifted toward homemade juices, organic and cold-pressed options, and snacking convenience, even as overall juice sales faced downward pressure in some segments.

Production fruit and vegetable juices in Caribbean

In kind, 2017-2020, K l

Top producers of fruit and vegetable juices, 2017-2020

World map of production of fruit and vegetable juices, 2017-2020

The data reveals irregular changes, indicating a volatile market environment. Production volumes reached their lowest point in 2017 and peaked in 2019, showing a 1.9-fold difference between these years. In 2020, Caribbean produced 53 561 K l of fruit and vegetable juices, representing a 28.2% decline compared to 2019. The maximum production volume was recorded in 2019 at 74 646 K l. The largest year-over-year increase occurred in 2018, with production rising by 78.5%.

Annual dynamics of production in Caribbean in kind, 2017-2020, K l

Exports fruit and vegetable juices from Caribbean

Exports in kind, M l

Caribbean exported 31.9 M l of fruit and vegetable juices in 2020, down by 15.0% compared to the previous year. Over the period from 2017 to 2020, exports decreased by 27.1%, with a compound annual growth rate of 10.0%. The largest decline was recorded in 2018 at 16.1%, while the largest increase occurred in 2019 at 2.2%.

Annual dynamics of product's exports from Caribbean in kind, 2017-2020, M l

The country composition of exports in kind from 2017 to 2020 was dispersed. The United States accounted for 28.6% of exports in kind, Guyana for 12.8%, and the Netherlands for 3.3%. Together, these three countries formed just 44.7% of total export flows, with the remaining 55.3% distributed among a wide range of other destinations.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Caribbean in kind, 2017-2020

Exports in value, M $ US

Fruit and vegetable juice exports from Caribbean declined for the second consecutive year. In 2020, exports totaled 39.7 M $ US, which is 9.1% less year-over-year. The maximum value was recorded in 2018 at 45.3 M $ US. The largest year-over-year increase also occurred in 2018, with exports rising by 14.6%.

Annual dynamics of product's exports from Caribbean in value, 2017-2020, M $ US

From 2017 to 2020, the United States, Guyana, and the Netherlands played notable but not dominant roles as buyers of fruit and vegetable juices from Caribbean in value terms. The United States accounted for 28.4% of exports in value, Guyana for 7.1%, and the Netherlands for 4.3%. Their combined share reached only 39.8% of total exports in value terms.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Caribbean in value, 2017-2020

Imports fruit and vegetable juices to Caribbean

Imports in kind, M l

Fruit and vegetable juice deliveries to Caribbean declined for the second consecutive year. In 2020, Caribbean imported 650.7 M l of fruit and vegetable juices, which is 20.2% lower compared to the previous year. Over the period from 2017 to 2020, imports decreased by 22.2%, with a compound annual growth rate of 8.0%. The maximum volume was recorded in 2018 at 955.6 M l, and the largest year-over-year increase also occurred in 2018 at 14.3%.

Annual dynamics of product's imports to Caribbean in kind, 2017-2020, M l

From 2017 to 2020, Panama, Belize, and Brazil made the biggest contribution to imports in kind. Panama accounted for 40.7% of imports in kind, Belize for 31.4%, and Brazil for 7.9%. Together, these three countries jointly accounted for 80.0% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Caribbean in kind, 2017-2020

Imports in value, M $ US

Fruit and vegetable juice imports to Caribbean declined for the third consecutive year. In 2020, imports tallied 130.9 M $ US, reflecting a strong decline of 18.1% year-over-year. Between 2017 and 2020, imports decreased by 27.3%, equating to an annualized rate of 10.1%.

Annual dynamics of product's imports to Caribbean in value, 2017-2020, M $ US

From 2017 to 2020, the United States, Belize, and Spain together absorbed 57.6% of total imports in value terms of fruit and vegetable juices to Caribbean, making them the main directions. The United States accounted for 41.7% of imports in value terms, Belize for 9.1%, and Spain for 6.8%.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Caribbean in value, 2017-2020