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

Market Size for Peel Of Citrus Fruit Or Melons in Northern America

After three years of growth, the North American market for peel of citrus fruit or melons decreased by -X% to $X in 2019. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, consumption reached the peak level of $X, leveling off in the following year.

Production of Peel Of Citrus Fruit Or Melons in Northern America

In value terms, citrus fruit or melons peel production dropped to $X in 2019 estimated in export prices. The total production indicated noticeable growth 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, production increased by +X% against 2014 indices. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. As a result, production reached the peak level of $X, and then declined slightly in the following year.

Production By Country in Northern America

The U.S. (X tonnes) constituted the country with the largest volume of citrus fruit or melons peel production, comprising approx. X% of total volume. Moreover, citrus fruit or melons peel production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (X tonnes), sixfold.

From 2007 to 2019, the average annual growth rate of volume in the U.S. was relatively modest.

Exports of Peel Of Citrus Fruit Or Melons

Exports in Northern America

For the third year in a row, Northern America recorded decline in shipments abroad of peel of citrus fruit or melons, which decreased by -X% to X tonnes in 2019. In general, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. The volume of export peaked at X tonnes in 2012; however, from 2013 to 2019, exports failed to regain the momentum.

In value terms, citrus fruit or melons peel exports declined significantly to $X in 2019. Over the period under review, exports continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2012; however, from 2013 to 2019, exports remained at a lower figure.

Exports by Country

The U.S. was the key exporting country with an export of about X tonnes, which accounted for X% of total exports. It was distantly followed by Canada (X tonnes), making up an X% share of total exports.

From 2007 to 2019, average annual rates of growth with regard to citrus fruit or melons peel exports from the U.S. stood at -X%. At the same time, Canada (+X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +X% from 2007-2019. From 2007 to 2019, the share of Canada increased by +X% percentage points, while the U.S. (-X p.p.) saw their share reduced.

In value terms, the U.S. ($X) remains the largest citrus fruit or melons peel supplier in Northern America, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

In the U.S., citrus fruit or melons peel exports decreased by an average annual rate of -X% over the period from 2007-2019.

Export Prices by Country

The export price for peel of citrus fruit or melons in Northern America stood at $X per tonne in 2019, growing by X% against the previous year. Overall, the export price recorded a strong increase. The pace of growth appeared the most rapid in 2018 when the export price increased by X% y-o-y. Over the period under review, export prices reached the maximum in 2019 and is likely to see gradual growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while Canada stood at $X per tonne.

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

Imports of Peel Of Citrus Fruit Or Melons

Imports in Northern America

In 2019, citrus fruit or melons peel imports in Northern America expanded remarkably to X tonnes, growing by X% against 2018. Overall, imports posted pronounced growth. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, imports reached the peak of X tonnes. From 2012 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, citrus fruit or melons peel imports expanded significantly to $X in 2019. Total imports indicated a measured expansion from 2007 to 2019: its value 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, imports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. The level of import peaked in 2019 and is likely to continue growth in the immediate term.

Imports by Country

The U.S. represented the key importer of peel of citrus fruit or melons in Northern America, with the volume of imports resulting at X tonnes, which was approx. X% of total imports in 2019. It was distantly followed by Canada (X tonnes), generating a X% share of total imports.

The U.S. was also the fastest-growing in terms of the peel of citrus fruit or melons imports, with a CAGR of +X% from 2007 to 2019. Canada (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of the U.S. increased by +X% percentage points, while Canada (-X p.p.) saw their share reduced.

In value terms, the U.S. ($X) constitutes the largest market for imported peel of citrus fruit or melons in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

In the U.S., citrus fruit or melons peel imports increased at an average annual rate of +X% over the period from 2007-2019.

Import Prices by Country

In 2019, the import price for peel of citrus fruit or melons in Northern America amounted to $X per tonne, rising by X% against the previous year. Import price indicated a pronounced expansion 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 2011 indices. The pace of growth was the most pronounced in 2017 an increase of X% year-to-year. Over the period under review, import prices reached the peak figure in 2019 and is likely to see steady growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2019, the country with the highest price was Canada ($X per tonne), while the U.S. amounted to $X per tonne.

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

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

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The U.S. (24K tonnes) constituted the country with the largest volume of citrus fruit or melons peel consumption, accounting for 86% of total volume. Moreover, citrus fruit or melons peel consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Canada (3.8K tonnes), sixfold.

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

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The country with the largest volume of citrus fruit or melons peel production was the U.S. (22K tonnes), accounting for 86% of total volume. Moreover, citrus fruit or melons peel production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (3.4K tonnes), sixfold.

What are the leading exporters of peel of citrus fruit or melons in Northern America?

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In value terms, the U.S. ($2.4M) remains the largest citrus fruit or melons peel supplier in Northern America, comprising 92% of total exports. The second position in the ranking was occupied by Canada ($194K), with a 7.6% share of total exports.

What are the leading importers of peel of citrus fruit or melons in Northern America?

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In value terms, the U.S. ($6.8M) constitutes the largest market for imported peel of citrus fruit or melons in Northern America, comprising 81% of total imports. The second position in the ranking was occupied by Canada ($1.6M), with a 19% share of total imports.

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

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In 2019, the export price for peel of citrus fruit or melons in Northern America amounted to $3,012 per tonne, increasing by 15% against the previous year.

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

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In 2019, the import price for peel of citrus fruit or melons in Northern America amounted to $2,514 per tonne, growing by 1.9% against the previous year.