Citrus Fruits Not Elsewhere Classified Market

The global market for citrus fruits not elsewhere classified is projected to continue growing over the next eight years, with an anticipated increase in consumption volume and market value. Key consumption and production trends, as well as import and export patterns, are analyzed in detail to provide insights into the market dynamics of citrus fruits worldwide. The article highlights significant growth rates in certain countries and fluctuations in market prices, offering a comprehensive overview of the citrus fruits market.

Market Forecast

Driven by increasing demand for citrus fruits not elsewhere classified worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +2.1% for the period from 2022 to 2030, which is projected to bring the market volume to 17M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +4.5% for the period from 2022 to 2030, which is projected to bring the market value to $38.2B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Citrus Fruits Not Elsewhere Classified

In 2022, approx. 15M tons of citrus fruits not elsewhere classified were consumed worldwide; with an increase of 2.8% on 2021 figures. The total consumption volume increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2016 when the consumption volume increased by 5.2% against the previous year. Over the period under review, global consumption hit record highs at 15M tons in 2019; afterwards, it flattened through to 2022.

The value of the market for citrus fruits not elsewhere classified worldwide reduced to $26.9B in 2022, dropping by -6.1% 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 general, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +30.5% against 2015 indices. Global consumption peaked at $28.6B in 2021, and then reduced in the following year.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (6M tons), Nigeria (4.2M tons) and India (775K tons), together accounting for 75% of global consumption. Iran, Colombia, Angola, Mexico and Guinea lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Mexico (with a CAGR of +9.4%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, China ($16.7B) led the market, alone. The second position in the ranking was held by Nigeria ($3.3B). It was followed by Colombia.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled +12.8%. In the other countries, the average annual rates were as follows: Nigeria (+1.7% per year) and Colombia (-1.7% per year).

The countries with the highest levels of citrus fruits not elsewhere classified per capita consumption in 2022 were Nigeria (19 kg per person), Guinea (17 kg per person) and Angola (13 kg per person).

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Mexico (with a CAGR of +8.1%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Citrus Fruits Not Elsewhere Classified

Global citrus fruits not elsewhere classified production was estimated at 15M tons in 2022, picking up by 2.7% against 2021 figures. The total output volume increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the production volume increased by 5.2%. Over the period under review, global production hit record highs at 15M tons in 2019; afterwards, it flattened through to 2022. The general positive trend in terms output was largely conditioned by mild growth of the harvested area and a relatively flat trend pattern in yield figures.

In value terms, citrus fruits not elsewhere classified production fell to $29.5B in 2022 estimated in export price. Overall, production continues to indicate prominent growth. The pace of growth appeared the most rapid in 2015 with an increase of 81% against the previous year. Over the period under review, global production hit record highs at $32.7B in 2021, and then shrank in the following year.

Production By Country

The countries with the highest volumes of production in 2022 were China (6M tons), Nigeria (4.2M tons) and India (782K tons), together comprising 75% of global production. Iran, Colombia, Angola, Mexico and Guinea lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by Mexico (with a CAGR of +9.4%), while production for the other global leaders experienced more modest paces of growth.

Yield

The global average citrus fruits not elsewhere classified yield totaled 9.7 tons per ha in 2022, almost unchanged from the previous year's figure. In general, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 1.8% against the previous year. The global yield peaked at 9.7 tons per ha in 2019; afterwards, it flattened through to 2022.

Harvested Area

In 2022, the total area harvested in terms of citrus fruits not elsewhere classified production worldwide rose to 1.5M ha, growing by 2.5% against the previous year's figure. Overall, the harvested area saw a mild expansion. The pace of growth appeared the most rapid in 2016 with an increase of 4.2%. Over the period under review, the harvested area dedicated to citrus fruits not elsewhere classified production attained the maximum in 2022 and is likely to continue growth in the near future.

Imports

World Imports of Citrus Fruits Not Elsewhere Classified

In 2022, the amount of citrus fruits not elsewhere classified imported worldwide dropped remarkably to 89K tons, reducing by -28.6% against the previous year's figure. Over the period under review, imports saw a slight shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 42% against the previous year. As a result, imports attained the peak of 148K tons. From 2021 to 2022, the growth of global imports remained at a lower figure.

In value terms, citrus fruits not elsewhere classified imports shrank slightly to $111M in 2022. The total import value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 18% against the previous year. Over the period under review, global imports reached the maximum at $118M in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports By Country

In 2022, South Korea (9.3K tons), Hungary (9.2K tons), the UK (8.9K tons), Afghanistan (8.2K tons), the Netherlands (5.5K tons), Bangladesh (5.4K tons), Germany (5.3K tons), Zambia (4.2K tons), France (3.8K tons), the Czech Republic (2.6K tons), Cayman Islands (2K tons) and Slovenia (2K tons) was the major importer of citrus fruits not elsewhere classified in the world, constituting 75% of total import. Austria (1.9K tons) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Cayman Islands (with a CAGR of +92.1%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, South Korea ($19M), the UK ($12M) and the Netherlands ($9.6M) appeared to be the countries with the highest levels of imports in 2022, with a combined 36% share of global imports. Germany, France, Hungary, Cayman Islands, the Czech Republic, Slovenia, Austria, Bangladesh, Afghanistan and Zambia lagged somewhat behind, together comprising a further 37%.

Cayman Islands, with a CAGR of +78.9%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

The average import price for citrus fruits not elsewhere classified stood at $1,248 per ton in 2022, jumping by 33% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($2,024 per ton), while Afghanistan ($200 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.6%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Citrus Fruits Not Elsewhere Classified

In 2022, the amount of citrus fruits not elsewhere classified exported worldwide dropped notably to 74K tons, waning by -36.7% against the previous year's figure. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 39%. As a result, the exports attained the peak of 135K tons. From 2021 to 2022, the growth of the global exports failed to regain momentum.

In value terms, citrus fruits not elsewhere classified exports declined remarkably to $89M in 2022. The total export value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 19% against the previous year. The global exports peaked at $121M in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports By Country

In 2022, the United States (12K tons), South Africa (9.7K tons), Pakistan (8.2K tons), India (6.9K tons), Greece (6.3K tons), the Netherlands (5.3K tons), Spain (4.1K tons) and Saudi Arabia (3K tons) was the main exporter of citrus fruits not elsewhere classified in the world, comprising 75% of total export. The following exporters - Vietnam (1.8K tons), Germany (1.7K tons), China (1.7K tons), Slovenia (1.5K tons) and Mexico (1.4K tons) - each reached an 11% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of +81.1%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest citrus fruits not elsewhere classified supplying countries worldwide were the United States ($24M), the Netherlands ($13M) and Spain ($6.5M), with a combined 49% share of global exports. Greece, South Africa, Vietnam, India, China, Germany, Slovenia, Saudi Arabia, Pakistan and Mexico lagged somewhat behind, together comprising a further 30%.

In terms of the main exporting countries, Mexico, with a CAGR of +92.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

In 2022, the average export price for citrus fruits not elsewhere classified amounted to $1,203 per ton, with an increase of 31% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($2,470 per ton), while Pakistan ($200 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.5%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform