Peru: Market for Peel Of Citrus Fruit Or Melons 2022

Market Size for Peel Of Citrus Fruit Or Melons in Peru

After two years of growth, the Peruvian market for peel of citrus fruit or melons decreased by -21.1% to $X in 2021. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Production of Peel Of Citrus Fruit Or Melons in Peru

In value terms, citrus fruit or melons peel production stood at $X in 2021 estimated in export price. Over the period under review, production, however, saw a pronounced reduction. The growth pace was the most rapid in 2015 with an increase of 45%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Exports of Peel Of Citrus Fruit Or Melons

Exports from Peru

In 2021, after four years of decline, there was significant growth in shipments abroad of peel of citrus fruit or melons, when their volume increased by 66% to X tons. Overall, exports, however, showed a deep slump. Over the period under review, the exports reached the peak figure at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, citrus fruit or melons peel exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2015 when exports increased by 68%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons), Denmark (X tons) and Spain (X tons) were the main destinations of citrus fruit or melons peel exports from Peru, together accounting for 76% of total exports. Italy, Mexico, France and Brazil lagged somewhat behind, together comprising a further 22%.

From 2012 to 2021, the biggest increases were in Brazil (with a CAGR of +12.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for citrus fruit or melons peel exported from Peru were Germany ($X), Denmark ($X) and Spain ($X), with a combined 75% share of total exports. Italy, Mexico, France and Brazil lagged somewhat behind, together accounting for a further 21%.

Mexico, with a CAGR of -0.9%, saw the highest growth rate of 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

The average export price for peel of citrus fruit or melons stood at $X per ton in 2021, dropping by -6.8% against the previous year. Over the period under review, the export price continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2015 an increase of 43%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Mexico ($X per ton), while the average price for exports to Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-0.9%), while the prices for the other major destinations experienced a decline.

Imports of Peel Of Citrus Fruit Or Melons

Imports into Peru

In 2021, purchases abroad of peel of citrus fruit or melons increased by 14% to X tons, rising for the fourth year in a row after two years of decline. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2015 with an increase of 1,567% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in years to come.

In value terms, citrus fruit or melons peel imports contracted to $X in 2021. Over the period under review, imports saw significant growth. The growth pace was the most rapid in 2015 with an increase of 1,749%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest citrus fruit or melons peel supplier to Peru, accounting for a 82% share of total imports. Moreover, citrus fruit or melons peel imports from Germany exceeded the figures recorded by the second-largest supplier, China (X kg), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany was relatively modest.

In value terms, Germany ($X) constituted the largest supplier of citrus fruit or melons peel to Peru, comprising 91% of total imports. The second position in the ranking was taken by China ($X), with an 8.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany was relatively modest.

Import Prices by Country

The average import price for peel of citrus fruit or melons stood at $X per ton in 2021, dropping by -21.5% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 45%. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-8.7%).

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :