EU Citrus Fruit Market Reached $12B in 2018

IndexBox has just published a new report: 'EU - Citrus Fruit - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

The revenue of the citrus fruit market in the European Union amounted to $X in 2018, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2008, with an increase of X% against the previous year. In that year, the citrus fruit market attained its peak level of $X. From 2009 to 2018, the growth of the citrus fruit market remained at a lower figure.

Production in the EU

The citrus fruit production stood at X tonnes in 2018, stabilizing at the previous year. Over the period under review, citrus fruit production continues to indicate a relatively flat trend pattern.

Exports in the EU

In 2018, approx. X tonnes of citrus fruits were exported in the European Union; coming down by -X% against the previous year. Overall, citrus fruit exports continue to indicate a relatively flat trend pattern. In value terms, citrus fruit exports stood at $X (IndexBox estimates) in 2018.

Exports by Country

Spain prevails in citrus fruit exports structure, recording X tonnes, which was approx. X% of total exports in 2018. It was distantly followed by Greece (X tonnes), the Netherlands (X tonnes) and Italy (X tonnes), together generating X% share of total exports. Germany (X tonnes), Portugal (X tonnes) and France (X tonnes) followed a long way behind the leaders.

Exports from Spain decreased at an average annual rate of -X% from 2007 to 2018. At the same time, Portugal (+X%), Germany (+X%), Greece (+X%) and France (+X%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2018. The Netherlands and Italy experienced a relatively flat trend pattern. Spain (X%) significantly strengthened its position in terms of the global exports, while Greece, Germany and Portugal saw its share reduced by -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Spain ($X) remains the largest citrus fruit supplier in the European Union, comprising X% of total citrus fruit exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

Export Prices by Country

The citrus fruit export price in the European Union stood at $X per tonne in 2018, picking up by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was Germany ($X per tonne), while Greece ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Portugal, while the other leaders experienced more modest paces of growth.

Imports in the EU

The imports stood at X tonnes in 2018, dropping by -X% against the previous year. Over the period under review, citrus fruit imports, however, continue to indicate a relatively flat trend pattern. In value terms, citrus fruit imports totaled $X (IndexBox estimates) in 2018.

Imports by Country

The countries with the highest levels of citrus fruit imports in 2018 were France (X tonnes), Germany (X tonnes) and the Netherlands (X tonnes), together reaching X% of total import. The UK (X tonnes) took the next position in the ranking, followed by Italy (X tonnes), Poland (X tonnes) and Spain (X tonnes). All these countries together took near X% share of total imports. Romania (X tonnes), Portugal (X tonnes), Sweden (X tonnes), the Czech Republic (X tonnes) and Belgium (X tonnes) occupied a minor share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Portugal, while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by the UK, Italy, Poland, Spain, Romania, Sweden, Belgium, Portugal and the Czech Republic, which together accounted for a further X%.

Import Prices by Country

The citrus fruit import price in the European Union stood at $X per tonne in 2018, flattening at the previous year. In general, the citrus fruit import price, however, continues to indicate a relatively flat trend pattern. There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was Belgium ($X per tonne), while Romania ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Sweden, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform