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 2020, the Peruvian market for peel of citrus fruit or melons increased by X% to $X for the first time since 2015, thus ending a four-year declining trend. In general, the total consumption indicated a slight 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. Based on 2020 figures, consumption decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. from 2016 to 2020, the growth of the market remained at a lower figure.

Production of Peel Of Citrus Fruit Or Melons in Peru

In value terms, citrus fruit or melons peel production dropped to $X in 2020 estimated in export prices. In general, production continues to indicate a perceptible setback. The pace of growth was the most pronounced in 2015 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. from 2016 to 2020, production growth remained at a somewhat lower figure.

Exports of Peel Of Citrus Fruit Or Melons

Exports from Peru

In 2020, overseas shipments of peel of citrus fruit or melons decreased by -X% to X tonnes, falling for the fourth consecutive year after five years of growth. In general, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. As a result, exports reached the peak of X tonnes. from 2017 to 2020, the growth exports remained at a lower figure.

In value terms, citrus fruit or melons peel exports contracted significantly to $X in 2020. Over the period under review, exports showed a perceptible shrinkage. 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 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Germany (X tonnes), Denmark (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 and Italy lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Mexico, while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for citrus fruit or melons peel exported from Peru were Denmark ($X), Germany ($X) and Spain ($X), together comprising X% of total exports. Mexico and Italy lagged somewhat behind, together accounting for a further X saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2020, the average export price for peel of citrus fruit or melons amounted to $X per tonne, with an increase of X% against the previous year. In general, the export price saw perceptible growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per tonne. from 2016 to 2020, the growth in terms of the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2020, the countries with the highest prices were Denmark ($X per tonne) and Mexico ($X per tonne), while the average price for exports to Germany ($X per tonne) and Italy ($X per tonne) were amongst the lowest.

From 2007 to 2020, 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 2020, purchases abroad of peel of citrus fruit or melons increased by X% to X kg, rising for the sixth year in a row after six years of decline. Over the period under review, imports enjoyed noticeable growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. Imports peaked in 2020 and are likely to see gradual growth in years to come.

In value terms, citrus fruit or melons peel imports expanded modestly to $X in 2020. In general, imports showed mild growth. The pace of growth was the most pronounced in 2017 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure in 2020 and are expected to retain growth in years to come.

Imports by Country

In 2020, China (X kg) was the main citrus fruit or melons peel supplier to Peru, with a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from China totaled +X%.

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

From 2007 to 2020, the average annual growth rate of value from China stood at +X%.

Import Prices by Country

The average import price for peel of citrus fruit or melons stood at $X per tonne in 2020, approximately mirroring the previous year. Overall, the import price continues to indicate a slight descent. The growth pace was the most rapid in 2014 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per tonne. from 2015 to 2020, the growth in terms of the average import prices remained 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 2020, the rate of growth in terms of prices for China amounted to -X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for 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 consumption was China (80K tonnes), comprising approx. 15% of total volume. Moreover, citrus fruit or melons peel consumption in China exceeded the figures recorded by the second-largest consumer, India (33K tonnes), twofold. The U.S. (31K tonnes) ranked third in terms of total consumption with a 5.7% share.

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

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China (82K tonnes) constituted the country with the largest volume of citrus fruit or melons peel production, accounting for 15% of total volume. Moreover, citrus fruit or melons peel production in China exceeded the figures recorded by the second-largest producer, India (33K tonnes), twofold. The third position in this ranking was occupied by Myanmar (31K tonnes), with a 5.5% share.

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

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In value terms, China ($864) 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 ($787K), Germany ($786K) and Spain ($396K) constituted the largest markets for citrus fruit or melons peel exported from Peru worldwide, together accounting for 77% of total exports. Mexico and Italy 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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The average export price for peel of citrus fruit or melons stood at $1,155 per tonne in 2020, surging by 8.6% against the previous year.

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

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In 2020, the average import price for peel of citrus fruit or melons amounted to $1,534 per tonne, remaining constant against the previous year.