Updated Jan 7, 2023 21:06

Imports of Frozen Concentrated Orange Juice in Honduras

Imports
After six years of growth, purchases abroad of frozen concentrated orange juice decreased by -% to tons in . Overall, imports, however, recorded perceptible growth. The most prominent rate of growth was recorded in 2010 with an increase of % against the previous year. Imports peaked at tons in , and then shrank rapidly in the following year.

In value terms, frozen concentrated orange juice imports contracted notably to $ in . In general, imports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2010 with an increase of % against the previous year. Over the period under review, imports hit record highs at $ in , and then dropped rapidly in the following year.


Imports by Country
In , Mexico ( tons) constituted the largest frozen concentrated orange juice supplier to Honduras, with a % share of total imports. Moreover, frozen concentrated orange juice imports from Mexico exceeded the figures recorded by the second-largest supplier, Costa Rica ( tons), fourfold. The third position in this ranking was taken by the United States ( tons), with a % share.

From 2007 to , the average annual growth rate of volume from Mexico amounted to +%. The remaining supplying countries recorded the following average annual rates of imports growth: Costa Rica (+% per year) and the United States (-% per year).

In value terms, Mexico ($) constituted the largest supplier of frozen concentrated orange juice to Honduras, comprising % of total imports. The second position in the ranking was taken by Costa Rica ($), with an % share of total imports. It was followed by the United States, with a % share.

From 2007 to , the average annual rate of growth in terms of value from Mexico totaled +%. The remaining supplying countries recorded the following average annual rates of imports growth: Costa Rica (+% per year) and the United States (-% per year).


Import Prices by Country
The average frozen concentrated orange juice import price stood at $ per ton in , approximately mirroring the previous year. Overall, import price indicated a modest increase from 2007 to : its price increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, frozen concentrated orange juice import price decreased by -% against 2017 indices. The pace of growth was the most pronounced in 2012 when the average import price increased by %. The import price peaked at $ per ton in 2013; however, from 2014 to , import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Costa Rica ($ per ton), while the price for Brazil ($ per ton) was amongst the lowest.

From 2007 to , the most notable rate of growth in terms of prices was attained by Costa Rica (+%), while the prices for the other major suppliers experienced a decline.