The Orange Juice Market in the UK has demonstrated significant fluctuations over the past decade. From 2012 to 2022, the market value has been volatile, starting at €925.35 million in 2012 and reaching €1169.6 million in 2022. Notably, the market experienced sharp increases in 2015 (14.63%) and 2018 (14.78%), and a notable decline in 2013 (-5.04%) and 2019 (-6.76%). Over the last two years, the market saw modest growth, with a year-on-year increase of 7.28% in 2021 and 1.84% in 2022. The compound annual growth rate (CAGR) over the last five years was approximately 2.89%, indicating a manageable growth in consistency.
Future trends to watch for include:
- Potential impacts of changing consumer preferences towards health and wellness.
- The influence of economic factors such as inflation and household disposable incomes.
- The increasing focus on sustainability and eco-friendly packaging by manufacturers and retailers.
- Technological advancements in production and supply chain efficiencies.
- Global trade dynamics and their effect on orange juice imports and prices.
How does the United Kingdom rank in Orange Juice Market Size Value?
| # | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,464,400,000 | 2023 | +0.13% | -0.7% | View data |
| 2 | 2 United Kingdom | 1,190,300,000 | 2023 | +1.77% | +0.45% | |
| 3 | 3 Germany | 1,123,900,000 | 2023 | -0.1% | -2.46% | View data |
| 4 | 4 Spain | 437,800,000 | 2023 | +0.79% | +0.66% | View data |
| 5 | 5 Poland | 306,570,000 | 2023 | +4.01% | +2.09% | View data |