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

Market Size for Peel Of Citrus Fruit Or Melons in Singapore

In 2019, the Singaporean market for peel of citrus fruit or melons increased by X% to $X, rising for the second year in a row after three years of decline. In general, consumption continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 when the market value increased by X% year-to-year. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2019, consumption remained at a lower figure.

Production of Peel Of Citrus Fruit Or Melons in Singapore

In value terms, citrus fruit or melons peel production soared to $X in 2019 estimated in export prices. Over the period under review, production enjoyed strong growth. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, production hit record highs at $X in 2014; afterwards, it flattened through to 2019.

Exports of Peel Of Citrus Fruit Or Melons

Exports from Singapore

In 2019, citrus fruit or melons peel exports from Singapore surged to X tonnes, increasing by X% against the year before. Over the period under review, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. As a result, exports reached the peak of X tonnes. From 2010 to 2019, the growth exports failed to regain the momentum.

In value terms, citrus fruit or melons peel exports skyrocketed to $X in 2019. Overall, exports, however, showed a pronounced reduction. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, exports attained the peak of $X. From 2014 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

Barbados (X tonnes) and Fiji (X tonnes) were the main destinations of citrus fruit or melons peel exports from Singapore, together accounting for X% of total exports.

From 2007 to 2019, the biggest increases were in Barbados (+X% per year).

In value terms, Barbados ($X) remains the key foreign market for citrus fruit or melons peel exports from Singapore, comprising X% of total exports. The second position in the ranking was occupied by Fiji ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to Barbados stood at +X%.

Export Prices by Country

In 2019, the average export price for peel of citrus fruit or melons amounted to $X per tonne, increasing by X% against the previous year. In general, the export price posted a resilient increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2015 to 2019, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Barbados ($X per tonne), while the average price for exports to Fiji stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Barbados.

Imports of Peel Of Citrus Fruit Or Melons

Imports into Singapore

In 2019, citrus fruit or melons peel imports into Singapore fell sharply to X tonnes, declining by -X% compared with the previous year's figure. Over the period under review, imports recorded a deep setback. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2008; however, from 2009 to 2019, imports remained at a lower figure.

In value terms, citrus fruit or melons peel imports contracted to $X in 2019. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2011 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2019, China (X tonnes) constituted the largest citrus fruit or melons peel supplier to Singapore, 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, France (X tonnes), fourfold. The third position in this ranking was occupied by Viet Nam (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Viet Nam (X% per year).

In value terms, the largest citrus fruit or melons peel suppliers to Singapore were Japan ($X), France ($X) and China ($X), together accounting for X% of total imports.

Japan recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for peel of citrus fruit or melons stood at $X per tonne in 2019, rising by X% against the previous year. Over the period under review, the import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2009 when the average import price increased by X% year-to-year. The import price peaked in 2019 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Japan ($X per tonne), while the price for Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Japan, while the prices for the other major suppliers experienced more modest paces of growth.

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, accounting for 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. India (32K tonnes) ranked third in terms of total consumption with a 6.4% share.

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

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China (83K tonnes) remains the largest citrus fruit or melons peel producing country worldwide, accounting for 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. The third position in this ranking was occupied by India (32K tonnes), with a 6.3% share.

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

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In value terms, the largest citrus fruit or melons peel suppliers to Singapore were Japan ($23K), France ($17K) and China ($14K), together comprising 80% of total imports.

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

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In value terms, Barbados ($10K) remains the key foreign market for citrus fruit or melons peel exports from Singapore, comprising 80% of total exports. The second position in the ranking was occupied by Fiji ($2.7K), with a 20% share of total exports.

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

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The average export price for peel of citrus fruit or melons stood at $3,214 per tonne in 2019, increasing by 6.1% against the previous year.

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

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The average import price for peel of citrus fruit or melons stood at $5,248 per tonne in 2019, increasing by 19% against the previous year.