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

Market Size for Peel Of Citrus Fruit Or Melons in Finland

The Finnish market for peel of citrus fruit or melons skyrocketed to $X in 2020, increasing by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. Citrus fruit or melons peel consumption peaked in 2020 and is likely to see gradual growth in the near future.

Production of Peel Of Citrus Fruit Or Melons in Finland

In value terms, citrus fruit or melons peel production fell to $X in 2020 estimated in export prices. Overall, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by X% year-to-year. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2020, production failed to regain the momentum.

Exports of Peel Of Citrus Fruit Or Melons

Exports from Finland

In 2020, overseas shipments of peel of citrus fruit or melons decreased by -X% to X kg, falling for the second consecutive year after two years of growth. Overall, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Exports peaked at X tonnes in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

In value terms, citrus fruit or melons peel exports totaled $X in 2020. In general, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Exports peaked at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

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

From 2007 to 2020, the average annual rate of growth in terms of volume to Estonia stood at +X%.

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

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

Export Prices by Country

The average export price for peel of citrus fruit or melons stood at $X per tonne in 2020, jumping by X% against the previous year. In general, the export price, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2007; however, from 2008 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 Estonia.

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

Imports of Peel Of Citrus Fruit Or Melons

Imports into Finland

After two years of decline, purchases abroad of peel of citrus fruit or melons increased by X% to X tonnes in 2020. Over the period under review, total imports indicated slight growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. As a result, imports attained the peak of X tonnes. From 2010 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, citrus fruit or melons peel imports surged to $X in 2020. In general, total imports indicated a noticeable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2009 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at $X in 2017; afterwards, it flattened through to 2020.

Imports by Country

Spain (X tonnes), Belgium (X tonnes) and Haiti (X tonnes) were the main suppliers of citrus fruit or melons peel imports to Finland, together comprising X% of total imports. France, Turkey and Germany lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany, while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Belgium ($X) and Haiti ($X) were the largest citrus fruit or melons peel suppliers to Finland, with a combined X% share of total imports. These countries were followed by France, Turkey and Germany, which together accounted for a further X recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average import price for peel of citrus fruit or melons amounted to $X per tonne, growing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2009 to 2020, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Turkey ($X per tonne), while the price for Spain ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced more modest paces of growth.

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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The countries with the highest volumes of citrus fruit or melons peel consumption in 2020 were China (71K tonnes), Italy (42K tonnes) and India (28K tonnes), with a combined 32% share of global consumption. These countries were followed by the U.S., Russia, Brazil, Indonesia, Pakistan, Japan, Mexico, Bangladesh, Germany and the Netherlands, which together accounted for a further 26%.

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

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The countries with the highest volumes of citrus fruit or melons peel production in 2020 were China (73K tonnes), Italy (42K tonnes) and Myanmar (30K tonnes), with a combined 30% share of global production.

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

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In value terms, the largest citrus fruit or melons peel suppliers to Finland were Spain ($47K), Belgium ($33K) and Haiti ($24K), together accounting for 74% of total imports. These countries were followed by France, Turkey and Germany, which together accounted for a further 17%.

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

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In value terms, Estonia ($1.5K) remains the key foreign market for citrus fruit or melons peel exports from Finland.

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

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The average export price for peel of citrus fruit or melons stood at $3,850 per tonne in 2020, picking up by 37% against the previous year.

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

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The average import price for peel of citrus fruit or melons stood at $4,089 per tonne in 2020, surging by 4.3% against the previous year.