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

The North American market for peel of citrus fruit or melons stood at $X in 2020, with an increase of X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the market value increased by X% y-o-y. The level of consumption peaked in 2020 and is likely to continue growth in the near future.

Production of Peel Of Citrus Fruit Or Melons in Northern America

In value terms, citrus fruit or melons peel production expanded rapidly to $X in 2020 estimated in export prices. The total production indicated a notable increase from 2007 to 2020: its value decreased 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, production increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% year-to-year. The level of production peaked in 2020 and is likely to see steady growth in the immediate term.

Production By Country in Northern America

The country with the largest volume of citrus fruit or melons peel production was the U.S. (X tonnes), 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), sevenfold.

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

Exports of Peel Of Citrus Fruit Or Melons

Exports in Northern America

In 2020, shipments abroad of peel of citrus fruit or melons decreased by -X% to X tonnes, falling for the fourth year in a row after two years of growth. In general, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. The volume of export peaked at X tonnes in 2012; however, from 2013 to 2020, exports remained at a lower figure.

In value terms, citrus fruit or melons peel exports reduced modestly to $X in 2020. Over the period under review, exports recorded a perceptible shrinkage. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports attained the maximum at $X in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

Exports by Country

The U.S. (X tonnes) represented roughly X% of total exports of peel of citrus fruit or melons in 2020.

The U.S. was also the fastest-growing in terms of the peel of citrus fruit or melons exports, with a CAGR of -X% from 2007 to 2020. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) also remains the largest citrus fruit or melons peel supplier in Northern America.

In the U.S., citrus fruit or melons peel exports plunged by an average annual rate of -X% over the period from 2007-2020.

Export Prices by Country

The export price for peel of citrus fruit or melons in Northern America stood at $X per tonne in 2020, rising by X% against the previous year. Over the period under review, the export price posted a strong increase. The pace of growth appeared the most rapid in 2018 when the export price increased by X% year-to-year. Over the period under review, export prices attained the peak figure in 2020 and is likely to see gradual growth in the near future.

As there is only one major export destination, 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.

Imports of Peel Of Citrus Fruit Or Melons

Imports in Northern America

After two years of growth, purchases abroad of peel of citrus fruit or melons decreased by -X% to X tonnes in 2020. Overall, imports recorded a slight decrease. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. As a result, imports attained the peak of X tonnes. from 2012 to 2020, the growth imports remained at a lower figure.

In value terms, citrus fruit or melons peel imports reduced to $X in 2020. Total imports indicated a noticeable expansion from 2007 to 2020: its value decreased 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 growth pace was the most rapid in 2011 when imports increased by X% against the previous year. The level of import peaked at $X in 2019, and then declined in the following year.

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 accounting for X tonnes, which was near X% of total imports in 2020. 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 2020. Canada (-X%) illustrated a downward trend over the same period. While the share of the U.S. (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Canada (-X p.p.) displayed negative dynamics.

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 2007-2020.

Import Prices by Country

The import price for peel of citrus fruit or melons in Northern America stood at $X per tonne in 2020, picking up by X% against the previous year. In general, the import price recorded a tangible increase. The most prominent rate of growth was recorded in 2012 when the import price increased by X% year-to-year. The level of import peaked in 2020 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major importing countries. In 2020, the country with the highest price was the U.S. ($X per tonne), while Canada stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox 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 country with the largest volume of citrus fruit or melons peel consumption was the U.S. (31K tonnes), comprising approx. 87% of total volume. Moreover, citrus fruit or melons peel consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Canada (4.7K tonnes), sevenfold.

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

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The U.S. (30K tonnes) constituted the country with the largest volume of citrus fruit or melons peel production, accounting for 88% of total volume. Moreover, citrus fruit or melons peel production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (4.2K tonnes), sevenfold.

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

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In value terms, the U.S. ($2.5M) remains the largest citrus fruit or melons peel supplier in Northern America.

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. ($5.6M) constitutes the largest market for imported peel of citrus fruit or melons in Northern America, comprising 76% of total imports. The second position in the ranking was occupied by Canada ($1.8M), with a 24% 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 2020, the export price for peel of citrus fruit or melons in Northern America amounted to $3,412 per tonne, rising by 13% 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 2020, the import price for peel of citrus fruit or melons in Northern America amounted to $3,563 per tonne, jumping by 43% against the previous year.