Price for Citrus Fruits Not Elsewhere Classified in China - 2023
Contents:
- Price for Citrus Fruits Not Elsewhere Classified in China (CIF) - 2022
- Price for Citrus Fruits Not Elsewhere Classified in China (FOB) - 2022
- Imports of Citrus Fruits Not Elsewhere Classified in China
- Exports of Citrus Fruits Not Elsewhere Classified in China
Price for Citrus Fruits Not Elsewhere Classified in China (CIF) - 2022
In 2022, the average import price for citrus fruits not elsewhere classified amounted to $1,255 per ton, shrinking by -19.2% against the previous year. Over the period under review, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 an increase of 41%. The import price peaked at $2,821 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Egypt.
From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to +16.6% per year.
Price for Citrus Fruits Not Elsewhere Classified in China (FOB) - 2022
In 2022, the average export price for citrus fruits not elsewhere classified amounted to $301,558 per ton, picking up by 7,626% against the previous year. Over the period under review, the export price saw a significant increase. 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 destination: amid the top suppliers, the country with the highest price was Vietnam ($2,431,267 per ton), while the average price for exports to Canada ($2,784 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+1,044.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Citrus Fruits Not Elsewhere Classified in China
In 2022, overseas purchases of citrus fruits not elsewhere classified decreased by -46.5% to 7.3 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 504%. As a result, imports reached the peak of 80 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, citrus fruits not elsewhere classified imports shrank significantly to $9.1K in 2022. In general, imports faced a precipitous slump. The growth pace was the most rapid in 2020 when imports increased by 567% against the previous year. As a result, imports reached the peak of $136K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Citrus Fruits Not Elsewhere Classified in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | N/A | 1.9 | N/A | 9.1 | 118.8% |
| Taiwan (Chinese) | 20.5 | 114 | 19.5 | N/A | -2.5% |
| Others | N/A | 20.9 | 1.6 | N/A | -92.3% |
| Total | 20.5 | 136 | 21.1 | 9.1 | -23.7% |
Top Suppliers of Citrus Fruits Not Elsewhere Classified to China in 2022:
- Egypt (7.3 tons)
Exports of Citrus Fruits Not Elsewhere Classified in China
In 2022, the amount of citrus fruits not elsewhere classified exported from China surged to 8.7 tons, growing by 122% on 2021. In general, exports, however, faced a sharp decline.
In value terms, citrus fruits not elsewhere classified exports skyrocketed to $2.6M in 2022. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Citrus Fruits Not Elsewhere Classified in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 5.3 | N/A | N/A | 2,601 | 688.8% |
| Singapore | N/A | N/A | N/A | 24.7 | 0% |
| Canada | N/A | N/A | N/A | 10.4 | 0% |
| Russia | 105 | 8.3 | N/A | N/A | -92.1% |
| Japan | N/A | N/A | 15.4 | N/A | 0% |
| United Arab Emirates | 2.9 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 113 | 8.3 | 15.4 | 2,637 | 185.8% |
Top Export Markets for Citrus Fruits Not Elsewhere Classified from China in 2022:
- Singapore (3.9 tons)
- Canada (3.7 tons)
- Vietnam (1.1 tons)
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