Colombia: Overview of the Market for Peel Of Citrus Fruit Or Melons 2021

Market Size for Peel Of Citrus Fruit Or Melons in Colombia

In 2020, the Colombian market for peel of citrus fruit or melons increased by X% to $X, rising for the second consecutive year after four years of decline. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Citrus fruit or melons peel consumption peaked at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

Production of Peel Of Citrus Fruit Or Melons in Colombia

In value terms, citrus fruit or melons peel production rose rapidly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2020, production stood at a somewhat lower figure.

Exports of Peel Of Citrus Fruit Or Melons

Exports from Colombia

In 2020, overseas shipments of peel of citrus fruit or melons decreased by -X% to X tonnes for the first time since 2012, thus ending a seven-year rising trend. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Exports peaked at X tonnes in 2019, and then shrank in the following year.

In value terms, citrus fruit or melons peel exports stood at $X in 2020. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, exports attained the maximum in 2020 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X tonnes) was the main destination for citrus fruit or melons peel exports from Colombia, with a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany amounted to +X%.

In value terms, Germany ($X) also remains the key foreign market for citrus fruit or melons peel exports from Colombia.

From 2007 to 2020, the average annual growth rate of value to Germany totaled +X%.

Export Prices by Country

In 2020, the average export price for peel of citrus fruit or melons amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, export price indicated a temperate expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, citrus fruit or melons peel export price increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per tonne in 2017; however, from 2018 to 2020, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2007 to 2020, the rate of growth in terms of prices for Germany amounted to +X% per year.

Imports of Peel Of Citrus Fruit Or Melons

Imports into Colombia

In 2020, purchases abroad of peel of citrus fruit or melons increased by X% to X tonnes, rising for the fourth year in a row after two years of decline. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure in 2020 and are expected to retain growth in the near future.

In value terms, citrus fruit or melons peel imports dropped remarkably to $X in 2020. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2019, and then dropped remarkably in the following year.

Imports by Country

In 2020, the U.S. (X tonnes) was the main supplier of citrus fruit or melons peel to Colombia, with a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from the U.S. totaled +X%.

In value terms, the U.S. ($X) constituted the largest supplier of citrus fruit or melons peel to Colombia.

From 2007 to 2020, the average annual growth rate of value from the U.S. totaled +X%.

Import Prices by Country

In 2020, the average import price for peel of citrus fruit or melons amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the import price showed a abrupt decrease. The pace of growth was the most pronounced in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per tonne in 2007; however, from 2008 to 2020, 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 the U.S..

From 2007 to 2020, the rate of growth in terms of prices for the U.S. amounted to -X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for peel of citrus fruit or melons in the world?

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China (80K tonnes) remains the largest citrus fruit or melons peel consuming country worldwide, comprising approx. 15% of total volume. Moreover, citrus fruit or melons peel consumption in China exceeded the figures recorded by the second-largest consumer, India (33K tonnes), twofold. The U.S. (31K tonnes) ranked third in terms of total consumption with a 5.8% share.

What are the largest producers of peel of citrus fruit or melons in the world?

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The country with the largest volume of citrus fruit or melons peel production was China (82K tonnes), accounting for 15% of total volume. Moreover, citrus fruit or melons peel production in China exceeded the figures recorded by the second-largest producer, India (33K tonnes), twofold. The third position in this ranking was occupied by Myanmar (31K tonnes), with a 5.5% share.

What are the leading suppliers of peel of citrus fruit or melons to Colombia?

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In value terms, the U.S. ($14K) constituted the largest supplier of citrus fruit or melons peel to Colombia.

What are the leading importers of peel of citrus fruit or melons from Colombia?

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In value terms, Germany ($55K) remains the key foreign market for citrus fruit or melons peel exports from Colombia.

What is the average export price for peel of citrus fruit or melons in Colombia?

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The average export price for peel of citrus fruit or melons stood at $5,210 per tonne in 2020, increasing by 7.5% against the previous year.

What is the average import price for peel of citrus fruit or melons in Colombia?

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The average import price for peel of citrus fruit or melons stood at $954 per tonne in 2020, dropping by -41% against the previous year.