Asia-Pacific: Market for Peel Of Citrus Fruit Or Melons 2024

Market Size for Peel Of Citrus Fruit Or Melons in Asia-Pacific

The Asia-Pacific market for peel of citrus fruit or melons amounted to $X in 2022, with an increase of X% against the previous year. The total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2020; afterwards, it flattened through to 2022.

Production of Peel Of Citrus Fruit Or Melons in Asia-Pacific

In value terms, citrus fruit or melons peel production rose to $X in 2022 estimated in export price. The total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Exports of Peel Of Citrus Fruit Or Melons

Exports in Asia-Pacific

In 2022, shipments abroad of peel of citrus fruit or melons decreased by X% to X tons for the first time since 2011, thus ending a ten-year rising trend. Over the period under review, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then reduced sharply in the following year.

In value terms, citrus fruit or melons peel exports reduced to $X in 2022. Overall, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of export peaked at $X in 2021, and then declined modestly in the following year.

Exports by Country

Myanmar represented the key exporting country with an export of around X tons, which reached X% of total exports. China (X tons) took the second position in the ranking, followed by Thailand (X tons). All these countries together took near X% share of total exports. Japan (X tons) followed a long way behind the leaders.

Myanmar was also the fastest-growing in terms of the peel of citrus fruit or melons exports, with a CAGR of X% from 2012 to 2022. At the same time, Thailand (X%) and China (X%) displayed positive paces of growth. By contrast, Japan (X%) illustrated a downward trend over the same period. While the share of Myanmar (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Thailand (X p.p.), Japan (X p.p.) and China (X p.p.) displayed negative dynamics.

In value terms, Myanmar ($X) remains the largest citrus fruit or melons peel supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by China ($X), with an X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Myanmar stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: China (X% per year) and Japan (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

Imports of Peel Of Citrus Fruit Or Melons

Imports in Asia-Pacific

In 2022, overseas purchases of peel of citrus fruit or melons increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, imports, however, saw a abrupt slump. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, citrus fruit or melons peel imports soared to $X in 2022. Over the period under review, imports, however, showed a mild curtailment. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Japan represented the main importer of peel of citrus fruit or melons in Asia-Pacific, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. China (X tons) ranks second in terms of the total imports with a X% share, followed by South Korea (X%) and Taiwan (Chinese) (X%). New Zealand (X tons), Hong Kong SAR (X tons) and Vietnam (X tons) followed a long way behind the leaders.

Japan experienced a relatively flat trend pattern with regard to volume of imports of peel of citrus fruit or melons. At the same time, Vietnam (X%), New Zealand (X%), South Korea (X%), Taiwan (Chinese) (X%) and Hong Kong SAR (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, China (X%) illustrated a downward trend over the same period. While the share of Japan (X p.p.), South Korea (X p.p.), Taiwan (Chinese) (X p.p.), New Zealand (X p.p.), Vietnam (X p.p.) and Hong Kong SAR (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of China (X p.p.) displayed negative dynamics.

In value terms, Japan ($X) constitutes the largest market for imported peel of citrus fruit or melons in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Japan stood at X%. In the other countries, the average annual rates were as follows: China (X% per year) and South Korea (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, flattening at the previous year. Import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, citrus fruit or melons peel import price increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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