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

Market Size for Peel Of Citrus Fruit Or Melons in Eastern Asia

The East Asian market for peel of citrus fruit or melons was estimated at $X in 2019, therefore, remained relatively stable against the previous year. The total consumption indicated a prominent expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level in 2019 and is expected to retain growth in years to come.

Production of Peel Of Citrus Fruit Or Melons in Eastern Asia

In value terms, citrus fruit or melons peel production amounted to $X in 2019 estimated in export prices. Over the period under review, production, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Over the period under review, production reached the maximum level in 2019 and is expected to retain growth in the immediate term.

Production By Country in Eastern Asia

The country with the largest volume of citrus fruit or melons peel production was China (X tonnes), comprising approx. X% of total volume. Moreover, citrus fruit or melons peel production in China exceeded the figures recorded by the second-largest producer, Japan (X tonnes), sevenfold.

From 2007 to 2019, the average annual growth rate of volume in China amounted to +X%. In the other countries, the average annual rates were as follows: Japan (-X% per year) and South Korea (-X% per year).

Exports of Peel Of Citrus Fruit Or Melons

Exports in Eastern Asia

In 2019, overseas shipments 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. Over the period under review, exports recorded a perceptible expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. The volume of export peaked in 2019 and is expected to retain growth in the immediate term.

In value terms, citrus fruit or melons peel exports expanded slightly to $X in 2019. In general, exports posted a resilient increase. The growth pace was the most rapid in 2018 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure in 2019 and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from China (X tonnes) and Japan (X tonnes), together amounting to X% of total export.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Japan.

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

From 2007 to 2019, the average annual growth rate of value in China amounted to +X%.

Export Prices by Country

In 2019, the export price for peel of citrus fruit or melons in Eastern Asia amounted to $X per tonne, declining by -X% against the previous year. Export price indicated prominent growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, citrus fruit or melons peel export price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. As a result, export price attained the peak level of $X per tonne, and then contracted rapidly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per tonne), while Japan amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China.

Imports of Peel Of Citrus Fruit Or Melons

Imports in Eastern Asia

In 2019, purchases abroad of peel of citrus fruit or melons decreased by -X% to X tonnes for the first time since 2015, thus ending a three-year rising trend. Over the period under review, imports recorded a slight descent. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2012; however, from 2013 to 2019, imports failed to regain the momentum.

In value terms, citrus fruit or melons peel imports contracted to $X in 2019. Total imports indicated a measured expansion from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2018, and then declined in the following year.

Imports by Country

Japan represented the main importer of peel of citrus fruit or melons in Eastern Asia, with the volume of imports finishing at X tonnes, which was near X% of total imports in 2019. China (X tonnes) ranks second in terms of the total imports with a X% share, followed by Taiwan (Chinese) (X%) and South Korea (X%).

From 2007 to 2019, the biggest increases were in Taiwan (Chinese), while purchases for the other leaders experienced more modest paces of growth.

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

In Japan, citrus fruit or melons peel imports expanded at an average annual rate of +X% over the period from 2007-2019. The remaining importing countries recorded the following average annual rates of imports growth: China (+X% per year) and Taiwan (Chinese) (+X% per year).

Import Prices by Country

The import price for peel of citrus fruit or melons in Eastern Asia stood at $X per tonne in 2019, reducing by -X% against the previous year. Import price indicated buoyant growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, citrus fruit or melons peel import price increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2013 when the import price increased by X% year-to-year. The level of import peaked at $X per tonne in 2018, and then declined in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Japan ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

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

+

The country with the largest volume of citrus fruit or melons peel consumption was China (83K tonnes), accounting for 80% of total volume. Moreover, citrus fruit or melons peel consumption in China exceeded the figures recorded by the second-largest consumer, Japan (14K tonnes), sixfold.

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

+

China (83K tonnes) constituted the country with the largest volume of citrus fruit or melons peel production, accounting for 82% of total volume. Moreover, citrus fruit or melons peel production in China exceeded the figures recorded by the second-largest producer, Japan (13K tonnes), sevenfold.

What are the leading suppliers of peel of citrus fruit or melons in Eastern Asia?

+

In value terms, China ($6.3M) remains the largest citrus fruit or melons peel supplier in Eastern Asia, comprising 86% of total exports. The second position in the ranking was occupied by Japan ($791K), with a 11% share of total exports.

What are the leading importers of peel of citrus fruit or melons in Eastern Asia?

+

In value terms, Japan ($9.9M) constitutes the largest market for imported peel of citrus fruit or melons in Eastern Asia, comprising 77% of total imports. The second position in the ranking was occupied by China ($1.8M), with a 14% share of total imports. It was followed by Taiwan (Chinese), with a 4.1% share.

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

+

The export price for peel of citrus fruit or melons in Eastern Asia stood at $2,195 per tonne in 2019, dropping by -16.2% against the previous year.

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

+

The import price for peel of citrus fruit or melons in Eastern Asia stood at $2,474 per tonne in 2019, dropping by -5.7% against the previous year.