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

Market Size for Peel Of Citrus Fruit Or Melons in Peru

In 2019, the Peruvian market for peel of citrus fruit or melons decreased by -X% to $X, falling for the fourth consecutive year after nine years of growth. Overall, consumption showed a perceptible increase. The pace of growth appeared the most rapid in 2014 when the market value increased by X% against the previous year. Citrus fruit or melons peel consumption peaked at $X in 2015; however, from 2016 to 2019, consumption stood at a somewhat lower figure.

Production of Peel Of Citrus Fruit Or Melons in Peru

In value terms, citrus fruit or melons peel production shrank dramatically to $X in 2019 estimated in export prices. In general, production saw a pronounced decline. The growth pace was the most rapid in 2015 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. From 2016 to 2019, production growth failed to regain the momentum.

Exports of Peel Of Citrus Fruit Or Melons

Exports from Peru

In 2019, overseas shipments of peel of citrus fruit or melons decreased by -X% to X tonnes, falling for the third consecutive year after five years of growth. Over the period under review, exports saw a abrupt descent. The pace of growth was the most pronounced in 2016 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes. From 2017 to 2019, the growth exports failed to regain the momentum.

In value terms, citrus fruit or melons peel exports dropped markedly to $X in 2019. Overall, exports recorded a noticeable descent. The pace of growth appeared the most rapid in 2015 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2016 to 2019, the growth exports remained at a lower figure.

Exports by Country

Denmark (X tonnes), Germany (X tonnes) and Spain (X tonnes) were the main destinations of citrus fruit or melons peel exports from Peru, together comprising X% of total exports. Mexico, Italy and Brazil lagged somewhat behind, together accounting for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (+X% per year), while exports for the other leaders experienced mixed trend patterns.

In value terms, Denmark ($X), Germany ($X) and Spain ($X) constituted the largest markets for citrus fruit or melons peel exported from Peru worldwide, with a combined X% share of total exports. These countries were followed by Mexico, Italy and Brazil, which together accounted for a further X the main countries of destination, Brazil saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for peel of citrus fruit or melons stood at $X per tonne in 2019, which is down by -X% against the previous year. Over the period under review, the export price, however, saw a perceptible increase. The pace of growth appeared the most rapid in 2015 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2016 to 2019, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Denmark ($X per tonne), while the average price for exports to Brazil ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Denmark, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Peel Of Citrus Fruit Or Melons

Imports into Peru

In 2019, overseas purchases of peel of citrus fruit or melons increased by X% to X kg, rising for the fifth consecutive year after six years of decline. Over the period under review, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked in 2019 and are expected to retain growth in years to come.

In value terms, citrus fruit or melons peel imports rose remarkably to $X in 2019. Overall, imports posted a prominent increase. The pace of growth was the most pronounced in 2018 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum in 2019 and are likely to continue growth in the immediate term.

Imports by Country

In 2019, China (X kg) was the main citrus fruit or melons peel supplier to Peru, accounting for a approx. X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of volume from China amounted to +X%.

In value terms, China ($X) constituted the largest supplier of citrus fruit or melons peel to Peru.

From 2007 to 2019, the average annual rate of growth in terms of value from China amounted to +X%.

Import Prices by Country

In 2019, the average import price for peel of citrus fruit or melons amounted to $X per tonne, waning by -X% against the previous year. Overall, the import price, however, recorded a strong increase. The pace of growth was the most pronounced in 2018 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2014; however, from 2015 to 2019, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2007 to 2019, the rate of growth in terms of prices for China amounted to +X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

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

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China (83K tonnes) constituted the country with the largest volume of citrus fruit or melons peel consumption, comprising approx. 17% of total volume. Moreover, citrus fruit or melons peel consumption in China exceeded the figures recorded by the second-largest consumer, Italy (38K tonnes), twofold. The third position in this ranking was occupied by India (32K tonnes), with a 6.4% share.

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

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The country with the largest volume of citrus fruit or melons peel production was China (83K tonnes), comprising approx. 17% of total volume. Moreover, citrus fruit or melons peel production in China exceeded the figures recorded by the second-largest producer, Italy (41K tonnes), twofold. India (32K tonnes) ranked third in terms of total production with a 6.3% share.

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

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In value terms, China ($2.1K) constituted the largest supplier of citrus fruit or melons peel to Peru.

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

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In value terms, Denmark ($1.2M), Germany ($928K) and Spain ($487K) constituted the largest markets for citrus fruit or melons peel exported from Peru worldwide, with a combined 81% share of total exports. Mexico, Italy and Brazil lagged somewhat behind, together accounting for a further 16%.

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

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In 2019, the average export price for peel of citrus fruit or melons amounted to $1,064 per tonne, waning by -22.7% against the previous year.

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

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In 2019, the average import price for peel of citrus fruit or melons amounted to $2,957 per tonne, reducing by -1.6% against the previous year.