Grapefruit juice market in Central America

Earlier Report Observations

The grapefruit juice market in Central America by volume grew from 11 359 thousand liters in 2018 to 19 225 thousand liters in 2023. This upward trend was interrupted by a sharp contraction in 2022, following a peak of 20 753 thousand liters in the previous year.

Movements in market size were largely driven by changes in export volumes. A significant reduction in exports to 5 888 thousand liters in 2021 increased the supply available domestically, leading to the market peak. Subsequent recoveries in export volumes in 2022 and 2023 correspondingly reduced the local market size.

In value terms, the market mirrored this volatility, declining to 21 million US dollars in 2022 before recovering to 31 million US dollars in 2023.

Production grapefruit juice in Central America

In kind, 2017-2020, K l

Top producers of grapefruit juice, 2017-2020

World map of production of grapefruit juice, 2017-2020

In Central America, grapefruit juice production reached 27,336 thousand liters in 2020, representing a 7.7% increase compared to 2019. Over the period from 2017 to 2020, production grew by 14.3%, which translates to an average annual growth rate of 4.6%. The highest production level was recorded in 2018 at 28,954 thousand liters. The most significant decline occurred in 2019, with a drop of 12.3%, while the largest increase was observed in 2018, at 21.1%.

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

Exports grapefruit juice from Central America

Exports in kind, K l

Grapefruit juice exports from Central America continued their downward trend for the third consecutive year. In 2020, exports totaled 13,728 thousand liters, marking a 4.8% decrease compared to 2019. From 2017 to 2020, exports fell by 35%, averaging an annual decline of 13.4%.

Annual dynamics of product's exports from Central America in kind, 2017-2020, K l

Between 2017 and 2020, the Netherlands, the United States, and Japan were the primary destinations for Central American grapefruit juice exports, accounting for 92.9% of total exports in volume. The Netherlands led with 50.7%, followed by the United States at 25.1%, and Japan at 17.0%.

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

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

Exports in value, K $ US

Central America's grapefruit juice exports in value terms declined for the second year in a row. In 2020, exports amounted to 28,920 thousand US dollars, showing a modest year-over-year decrease of 5.7%. From 2017 to 2020, exports dropped by 12.2%, with an average annual decline of 4.2%. The peak value was recorded in 2018 at 41,197 thousand US dollars. The most substantial decline occurred in 2019, falling by 25.6%, while the largest increase was in 2018, rising by 25.1%.

Annual dynamics of product's exports from Central America in value, 2017-2020, K $ US

From 2017 to 2020, the Netherlands, the United States, and Japan remained the key buyers of grapefruit juice from Central America in value terms, collectively representing 90.4% of total exports. The Netherlands accounted for 40.7%, the United States for 27.4%, and Japan for 22.3%.

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

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

Imports grapefruit juice to Central America

Imports in kind, K l

The import market for grapefruit juice in Central America exhibited volatility during the observed period. Imports reached their lowest point in 2018 at 402 thousand liters and peaked in 2019 at 1,078 thousand liters, resulting in a 2.7-fold difference between these years. In 2020, imports totaled 524 thousand liters, showing a sharp decline of 51.4% compared to 2019. The largest increase was recorded in 2019, with a surge of 167.9%.

Annual dynamics of product's imports to Central America in kind, 2017-2020, K l

During 2017–2020, the United States and Spain were the two main sources for grapefruit juice imports into Central America in volume, together comprising 84.5% of total imports.

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

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

Imports in value, K $ US

The import market in value terms showed signs of volatility from 2017 to 2020. Imports hit their lowest in 2017 and peaked in 2019 at 1,883 thousand US dollars, varying by a factor of 3.2. In 2020, imports were recorded at 832 thousand US dollars, indicating a sharp drop of 55.8% from the previous year. The largest increase occurred in 2019, with a rise of 174.1%.

Annual dynamics of product's imports to Central America in value, 2017-2020, K $ US

Throughout 2017–2020, the United States dominated Central America's grapefruit juice imports in value terms, accounting for 76.2% of the total, while the remaining share was distributed among various other countries with smaller individual contributions.

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

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