Key Market Indicators
Iceland's juice import market is projected to hit $13.7 million by 2028, up from $12.2 million in 2023. This marks a compound annual growth rate (CAGR) of 1.8%. Since 1993, the country's demand for juice has consistently risen, with a 2.2% year-on-year increase. On the export front, Iceland's juice exports have seen a significant decline. In 2023, exports were valued at $2,590, plummeting by 46% from the previous year's $4,790. Since 1993, the nation's juice supply for export has been on a downward trend, decreasing by an average of 30.7% annually.
