Peru: Market for Peel Of Citrus Fruit Or Melons 2024

Market Size for Peel Of Citrus Fruit Or Melons in Peru

In 2022, the Peruvian market for peel of citrus fruit or melons decreased by X% to $X, falling for the second year in a row after two years of growth. Overall, consumption, however, continues to indicate a mild shrinkage. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, 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 reduced slightly to $X in 2022 estimated in export price. In general, production, however, saw a mild decline. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Citrus fruit or melons peel production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

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Exports of Peel Of Citrus Fruit Or Melons

Exports from Peru

In 2022, approx. X tons of peel of citrus fruit or melons were exported from Peru; with an increase of X% against the previous year's figure. Over the period under review, exports recorded a remarkable increase. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, citrus fruit or melons peel exports expanded rapidly to $X in 2022. Overall, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Mexico (X tons) and Spain (X tons) were the main destinations of citrus fruit or melons peel exports from Peru, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of X%), while 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 ($X), Mexico ($X) and Spain ($X), together comprising X% of total exports.

Mexico, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination 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 ton in 2022, picking up by X% against the previous year. In general, the export price, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mexico ($X per ton) and Spain ($X per ton), while the average price for exports to Germany ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced a decline.

Imports of Peel Of Citrus Fruit Or Melons

Imports into Peru

In 2022, purchases abroad of peel of citrus fruit or melons increased by X% to X tons, rising for the fifth year in a row after two years of decline. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2015 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, citrus fruit or melons peel imports dropped dramatically to $X in 2022. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2015 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2021, and then fell dramatically in the following year.

Imports by Country

In 2022, China (X tons) was the main supplier of citrus fruit or melons peel to Peru, with a X% share of total imports. Moreover, citrus fruit or melons peel imports from China exceeded the figures recorded by the second-largest supplier, Germany (X kg), tenfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%.

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

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%.

Import Prices by Country

The average import price for peel of citrus fruit or melons stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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