
EU - Peaches And Nectarines - Market Analysis, Forecast, Size, Trends and Insights
EU Peach and Nectarine Market Reaches $4.7B Despite Falling Consumption
IndexBox has just published a new report: 'EU - Peaches And Nectarines - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.
The EU peach and nectarine market rose sharply to $4.7B in 2021, increasing by 5.2% against the previous year. In physical terms, consumption fell from the peak of 3.9M tons in 2019 to 3.3M tons in 2021.
EU Peach and Nectarine Consumption
The EU peach and nectarine market rose sharply to $4.7B in 2021, increasing by 5.2% 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). In physical terms, consumption fell from the peak of 3.9M tons in 2019 to 3.3M tons in 2021.
The countries with the highest volumes of peach and nectarine consumption in 2021 were Italy (983K tons), Greece (842K tons), and Spain (630K tons), with a combined 74% share of total consumption.
In value terms, Italy ($1.4B), Spain ($957M), and Greece ($784M) were the countries with the highest levels of market value in 2021, with a combined 68% share of the total market.
In 2021, the highest levels of peach and nectarine per capita consumption were registered in Greece (76 kg per person), followed by Italy (16 kg per person), Spain (13 kg per person), and Portugal (6.75 kg per person), while the world average per capita consumption of peach and nectarine was estimated at 7.46 kg per person.
In 2021, the annual growth rate of peach and nectarine per capita consumption in Greece totalled +15.2%. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: Italy (-6.6% per year) and Spain (-4.3% per year).
EU Peach and Nectarine Production
Peach and nectarine production fell to 3.4M tons in 2021, stabilizing at the previous year's figure. In value terms, peach and nectarine production rose by 9.4% y/y to $5.1B in 2021.
The countries with the highest volumes of peach and nectarine production in 2021 were Spain (1.3M tons), Italy (979K tons) and Greece (897K tons), together comprising 92% of total production.
In 2021, the most notable rate of growth in terms of peach and nectarine production amongst the main producing countries was attained by Greece, while peach and nectarine production for the other leaders experienced mixed trends in the production figures.
This report provides an in-depth analysis of the peach and nectarine market in the EU. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 22nd, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 8th, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, January 25th, 2022 @ 04:00 pm ET