Key Market Indicators
Australia's juice import market is projected to climb to nearly $170 million by 2028, up from around $166 million in 2023. This represents a modest compound annual growth rate (CAGR) of 0.3%. Since 1993, the country's demand for imported juice has shown a steady increase, averaging 1.3% growth per year. In contrast, the outlook for Australian juice exports is less optimistic. Projections indicate that juice exports will decline to approximately $23 million by 2028, down from almost $33 million in 2023. This decline reflects a 5.6% annual decrease in export volume. Since 1993, Australia's juice supply for export has been on a downward trend, shrinking by an average of 5.5% each year.