
Northern America - Peel of Citrus Fruit or Melons - Market Analysis, Forecast, Size, Trends and Insights
Northern America: Market for Peel Of Citrus Fruit Or Melons 2022
Market Size for Peel Of Citrus Fruit Or Melons in Northern America
In 2021, after five years of growth, there was significant decline in the North American market for peel of citrus fruit or melons, when its value decreased by -8.7% to $X. Over the period under review, consumption, however, showed buoyant growth. The level of consumption peaked at $X in 2020, and then contracted 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 2021 estimated in export price. Over the period under review, production, however, recorded a strong increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by 48%. The level of production peaked at $X in 2020, and then dropped in the following year.
Exports of Peel Of Citrus Fruit Or Melons
Exports in Northern America
In 2021, shipments abroad of peel of citrus fruit or melons was finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. In general, exports, however, faced a abrupt shrinkage. The growth pace was the most rapid in 2016 with an increase of 15%. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
In value terms, citrus fruit or melons peel exports expanded to $X in 2021. Overall, exports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 17%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
Exports by Country
The shipments of the one major exporters of peel of citrus fruit or melons, namely the United States, represented more than two-thirds of total export.
The United States was also the fastest-growing in terms of the peel of citrus fruit or melons exports, with a CAGR of -13.5% from 2012 to 2021. While the share of the United States (+1.8 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($X) also remains the largest citrus fruit or melons peel supplier in Northern America.
In the United States, citrus fruit or melons peel exports shrank by an average annual rate of -5.7% over the period from 2012-2021.
Export Prices by Country
In 2021, the export price in Northern America amounted to $X per ton, waning by -3.3% against the previous year. Over the period under review, the export price, however, saw strong growth. The most prominent rate of growth was recorded in 2018 when the export price increased by 41% against the previous year. The level of export peaked at $X per ton in 2020, and then shrank modestly in the following year.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +9.1% per year.
Imports of Peel Of Citrus Fruit Or Melons
Imports in Northern America
In 2021, purchases abroad of peel of citrus fruit or melons increased by 61% to X tons for the first time since 2018, thus ending a two-year declining trend. Total imports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, citrus fruit or melons peel imports surged to $X in 2021. Total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by 49% against the previous year. The level of import peaked in 2021 and is likely to continue growth in the near future.
Imports by Country
The United States represented the main importing country with an import of around X tons, which accounted for 75% of total imports. It was distantly followed by Canada (X tons), mixing up a 24% share of total imports.
The United States was also the fastest-growing in terms of the peel of citrus fruit or melons imports, with a CAGR of +11.1% from 2012 to 2021. Canada (-8.5%) illustrated a downward trend over the same period. The United States (+40 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -40.5% from 2012 to 2021, respectively.
In value terms, the United States ($X) 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 taken by Canada ($X), with a 23% share of total imports.
In the United States, citrus fruit or melons peel imports expanded at an average annual rate of +10.2% over the period from 2012-2021.
Import Prices by Country
In 2021, the import price in Northern America amounted to $X per ton, falling by -21.7% against the previous year. Import price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, citrus fruit or melons peel import price decreased by -28.3% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 35%. The level of import peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major importing countries. In 2021, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+5.6%).
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for citrus fruit or melons peel in Northern America. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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