Grapefruit juice market in Latin America and the Caribbean

Earlier Report Observations

The market volume for unfermented grapefruit juice in Latin America and the Caribbean fluctuated considerably between 2018 and 2023. Starting at 23.4 million liters in 2018, consumption dipped the following year before rising to a high of 29.7 million liters in 2021. This upward trend was interrupted in 2022 with a sharp decline to 23.1 million liters, though a partial rebound to 27.4 million liters occurred in 2023.

In value terms, the market exhibited similar volatility but on a different trajectory. The market value peaked early in the period at $55.7 million in 2018, then fell steadily to a low of $33.7 million in 2022. The recovery in volume in 2023 was accompanied by a rise in value to $46.2 million, indicating changing price levels or product mix within the category.

Production grapefruit juice in Latin America and the Caribbean

In kind, 2017-2020, K l

Top producers of grapefruit juice, 2017-2020

World map of production of grapefruit juice, 2017-2020

Grapefruit juice production in Latin America and the Caribbean has declined for the second year in a row. In 2020, the region produced 35 613 K l, marking a 3.0% decrease from the previous year. Looking at the period from 2017 to 2020, production fell by 7.1%, which translates to an average annual decline of 2.4%. The highest production level was in 2018, reaching 40 738 K l. The most significant drop occurred in 2019, with a 9.9% decrease, while the largest increase was in 2018, at 6.3%.

Annual dynamics of production in Latin America and the Caribbean in kind, 2017-2020, K l

Exports grapefruit juice from Latin America and the Caribbean

Exports in kind, K l

Grapefruit juice exports from Latin America and the Caribbean have decreased for the third consecutive year. In 2020, exports totaled 14 794 K l, showing a substantial decline of 21.0% compared to 2019. From 2017 to 2020, exports dropped by 53.7%, averaging an annual decrease of 22.6%.

Annual dynamics of product's exports from Latin America and the Caribbean in kind, 2017-2020, K l

Between 2017 and 2020, the Netherlands, the United States, and Japan were the primary buyers of grapefruit juice from Latin America and the Caribbean, accounting for 52.2%, 21.1%, and 14.2% of exports in volume, respectively. Together, these three countries made up 87.5% of total exports.

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

World map of product's exports from Latin America and the Caribbean in kind, 2017-2020

Exports in value, K $ US

The value of grapefruit juice exports from Latin America and the Caribbean has fallen for the second year in a row. In 2020, exports amounted to 31 959 K $ US, representing a 15.1% decrease from 2019. Over the 2017-2020 period, export value declined by 31.6%, with an average annual rate of 11.9%. The peak value was recorded in 2018 at 51 795 K $ US. The largest drop occurred in 2019, with a 27.3% decrease, while the biggest increase was in 2018, at 10.9%.

Annual dynamics of product's exports from Latin America and the Caribbean in value, 2017-2020, K $ US

From 2017 to 2020, the Netherlands, the United States, and Japan remained the key markets for grapefruit juice exports from Latin America and the Caribbean in value terms, with shares of 43.1%, 22.0%, and 17.8%, respectively. Combined, these three countries accounted for 82.8% of total export value.

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

World map of product's exports from Latin America and the Caribbean in value, 2017-2020

Imports grapefruit juice to Latin America and the Caribbean

Imports in kind, K l

Grapefruit juice imports into Latin America and the Caribbean have risen for the second consecutive year. In 2020, imports reached 4 659 K l, indicating a 17.5% increase from 2019. Over the 2017-2020 period, imports grew by 5.9%, with an average annual growth rate of 1.9%. The lowest import volume was in 2018 at 3 619 K l, which also saw the largest decline of 17.7%.

Annual dynamics of product's imports to Latin America and the Caribbean in kind, 2017-2020, K l

During 2017-2020, the United States, Thailand, and Cyprus were the main sources of grapefruit juice imports into Latin America and the Caribbean, contributing 32.7%, 8.1%, and 1.1% of imports in volume, respectively. Together, they represented 41.9% of total import flows.

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

World map of product's imports to Latin America and the Caribbean in kind, 2017-2020

Imports in value, K $ US

In 2020, Latin America and the Caribbean imported 6 288 K $ US worth of grapefruit juice, showing a 12.6% reduction compared to 2019. From 2017 to 2020, import value decreased by 10%, with an average annual decline of 3.4%. The highest value was in 2019 at 7 191 K $ US, which also experienced the largest increase of 7.4%.

Annual dynamics of product's imports to Latin America and the Caribbean in value, 2017-2020, K $ US

Between 2017 and 2020, the United States, Thailand, and Spain were the leading sources of grapefruit juice imports into Latin America and the Caribbean in value terms, with shares of 29.6%, 2.0%, and 1.0%, respectively. Collectively, they accounted for 32.6% of total import value.

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

World map of product's imports to Latin America and the Caribbean in value, 2017-2020