Australia and Oceania: Market for Peel Of Citrus Fruit Or Melons 2022

Market Size for Peel Of Citrus Fruit Or Melons in Australia and Oceania

The market for peel of citrus fruit or melons in Australia and Oceania contracted sharply to $X in 2021, shrinking by -17.1% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then dropped dramatically in the following year.

Production of Peel Of Citrus Fruit Or Melons in Australia and Oceania

In value terms, citrus fruit or melons peel production dropped significantly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when the production volume increased by 56%. As a result, production attained the peak level of $X, and then shrank sharply in the following year.

Exports of Peel Of Citrus Fruit Or Melons

Exports in Australia and Oceania

In 2021, shipments abroad of peel of citrus fruit or melons decreased by -12.6% to X tons, falling for the fourth year in a row after three years of growth. Overall, exports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2017 when exports increased by 131%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, citrus fruit or melons peel exports reduced slightly to $X in 2021. In general, exports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 141%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, New Zealand (X tons) and Australia (X tons) represented the main exporter of peel of citrus fruit or melons in Australia and Oceania, making up 99% of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by New Zealand (with a CAGR of +83.4%).

In value terms, the largest citrus fruit or melons peel supplying countries in Australia and Oceania were New Zealand ($X) and Australia ($X).

New Zealand, with a CAGR of +84.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, picking up by 9.8% against the previous year. Overall, the export price enjoyed strong growth. The pace of growth appeared the most rapid in 2018 an increase of 50% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was New Zealand ($X per ton), while Australia totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+11.0%).

Imports of Peel Of Citrus Fruit Or Melons

Imports in Australia and Oceania

In 2021, supplies from abroad of peel of citrus fruit or melons was finally on the rise to reach X tons after six years of decline. Over the period under review, imports, however, continue to indicate a slight setback. The volume of import peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, citrus fruit or melons peel imports surged to $X in 2021. In general, imports recorded a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

New Zealand represented the major importer of peel of citrus fruit or melons in Australia and Oceania, with the volume of imports amounting to X tons, which was near 60% of total imports in 2021. It was distantly followed by Australia (X tons), mixing up a 36% share of total imports.

From 2012 to 2021, the biggest increases were in New Zealand (with a CAGR of +27.4%).

In value terms, the largest citrus fruit or melons peel importing markets in Australia and Oceania were Australia ($X) and New Zealand ($X).

Among the main importing countries, New Zealand, with a CAGR of +25.1%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, waning by -5.9% against the previous year. In general, the import price, however, recorded a prominent increase. The growth pace was the most rapid in 2018 an increase of 63% against the previous year. The level of import peaked at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+16.8%).

Source: IndexBox Market Intelligence Platform

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