Imports of Frozen Concentrated Orange Juice in the United States
In value terms, frozen concentrated orange juice imports skyrocketed to $ in . In general, imports, however, recorded a perceptible shrinkage. The growth pace was the most rapid in 2018 when imports increased by % against the previous year. Imports peaked at $ in 2007; however, from 2008 to , imports remained at a lower figure.
From 2007 to , the biggest increases were in Mexico (with a CAGR of +%), while purchases for the other leaders experienced a decline.
In value terms, Mexico ($) constituted the largest supplier of frozen concentrated orange juice to the United States, comprising % of total imports. The second position in the ranking was taken by Brazil ($), with a % share of total imports. It was followed by Belize, with a % share.
From 2007 to , the average annual growth rate of value from Mexico amounted to +%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-% per year) and Belize (-% per year).
There were significant differences in the average prices amongst the major supplying countries. In , the country with the highest price was Mexico ($ per ton), while the price for Belize ($ per ton) was amongst the lowest.
From 2007 to , the most notable rate of growth in terms of prices was attained by Brazil (+%), while the prices for the other major suppliers experienced a decline.