Global Peach And Nectarine Market 2024

Peach And Nectarine Market Size

The global peach and nectarine market reached $X in 2022, stabilizing at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Global consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Peach And Nectarine Production

In value terms, peach and nectarine production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Global production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

China (X tons) constituted the country with the largest volume of peach and nectarine production, comprising approx. X% of total volume. Moreover, peach and nectarine production in China exceeded the figures recorded by the second-largest producer, Spain (X tons), more than tenfold. The third position in this ranking was taken by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume in China stood at X%. The remaining producing countries recorded the following average annual rates of production growth: Spain (X% per year) and Italy (X% per year).

The global average peach and nectarine yield fell slightly to X tons per ha in 2022, approximately equating the previous year. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the average peach and nectarine yield attained the maximum level at X tons per ha in 2019; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the global harvested area of peaches and nectarines fell to X ha, standing approx. at the previous year. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the harvested area increased by X%. As a result, the harvested area reached the peak level of X ha. From 2016 to 2022, the growth of the global peach and nectarine harvested area remained at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Peach And Nectarine Exports

Exports

In 2022, overseas shipments of peaches and nectarines were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the global exports remained at a lower figure.

In value terms, peach and nectarine exports shrank to $X in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the global exports attained the peak figure at $X in 2021, and then fell in the following year.

Exports by Country

Spain was the key exporting country with an export of around X tons, which recorded X% of total exports. Turkey (X tons) ranks second in terms of the total exports with an X% share, followed by Italy (X%), Greece (X%), Chile (X%) and Iran (X%). Uzbekistan (X tons), China (X tons), the United States (X tons), Lebanon (X tons), Jordan (X tons), South Africa (X tons) and France (X tons) followed a long way behind the leaders.

Exports from Spain decreased at an average annual rate of X% from 2012 to 2022. At the same time, Iran (X%), Lebanon (X%), Turkey (X%), Uzbekistan (X%), South Africa (X%), China (X%) and Chile (X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Jordan experienced a relatively flat trend pattern. By contrast, Greece (X%), France (X%), the United States (X%) and Italy (X%) illustrated a downward trend over the same period. Turkey (X p.p.), Iran (X p.p.), Uzbekistan (X p.p.) and Lebanon (X p.p.) significantly strengthened its position in terms of the global exports, while the United States, Spain and Italy saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Spain ($X) remains the largest peach and nectarine supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Turkey ($X), with an X% share of global exports. It was followed by Italy, with an X% share.

In Spain, peach and nectarine exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (X% per year) and Italy (X% per year).

Export Prices by Country

In 2022, the average peach and nectarine export price amounted to $X per ton, reducing by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. The global export price peaked at $X per ton in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Lebanon ($X per ton) was amongst the lowest.

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

Peach And Nectarine Imports

Imports

Global peach and nectarine imports dropped modestly to X tons in 2022, shrinking by X% against the year before. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of global imports remained at a somewhat lower figure.

In value terms, peach and nectarine imports shrank modestly to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, global imports hit record highs at $X in 2021, and then reduced slightly in the following year.

Imports by Country

Russia (X tons) and Germany (X tons) represented roughly X% of total imports in 2022. It was distantly followed by France (X tons), comprising a X% share of total imports. Iraq (X tons), the UK (X tons), Poland (X tons), Italy (X tons), the Netherlands (X tons), Romania (X tons), China (X tons), Saudi Arabia (X tons), Portugal (X tons) and Canada (X tons) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), Russia ($X) and France ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of global imports. The UK, China, Italy, the Netherlands, Poland, Canada, Iraq, Portugal, Romania and Saudi Arabia lagged somewhat behind, together comprising a further X%.

China, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average peach and nectarine import price stood at $X per ton in 2022, almost unchanged from the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. Global import price peaked at $X per ton in 2021, and then contracted slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :