Imports of Frozen Concentrated Orange Juice in Southern Asia
In value terms, frozen concentrated orange juice imports reduced dramatically to $ in . Over the period under review, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2011 with an increase of % year-to-year. The level of import peaked at $ in 2018; however, from 2019 to , imports remained at a lower figure.
Imports into India increased at an average annual rate of +% from 2007 to . At the same time, Sri Lanka (+%) displayed positive paces of growth. Moreover, Sri Lanka emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +% from 2007-. By contrast, Pakistan (-%) illustrated a downward trend over the same period. From 2007 to , the share of India and Sri Lanka increased by +% and +% percentage points, while Pakistan (- p.p.) saw their share reduced.
In value terms, India ($) constitutes the largest market for imported frozen concentrated orange juice in Southern Asia, comprising % of total imports. The second position in the ranking was occupied by Sri Lanka ($), with a % share of total imports.
From 2007 to , the average annual rate of growth in terms of value in India stood at +%. In the other countries, the average annual rates were as follows: Sri Lanka (+% per year) and Pakistan (-% per year).
Prices varied noticeably by the country of destination; the country with the highest price was Pakistan ($ per tonne), while India ($ per tonne) was amongst the lowest.
From 2007 to , the most notable rate of growth in terms of prices was attained by Pakistan, while the other leaders experienced mixed trends in the import price figures.