
Turkey - Peel of Citrus Fruit or Melons - Market Analysis, Forecast, Size, Trends and Insights
Turkey: Market for Peel Of Citrus Fruit Or Melons 2022
Market Size for Peel Of Citrus Fruit Or Melons in Turkey
In 2021, after two years of growth, there was decline in the Turkish market for peel of citrus fruit or melons, when its value decreased by -3.6% to $X. The market value increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Citrus fruit or melons peel consumption peaked at $X in 2020, and then reduced in the following year.
Production of Peel Of Citrus Fruit Or Melons in Turkey
In value terms, citrus fruit or melons peel production fell modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2019 when the production volume increased by 15%. Over the period under review, production attained the peak level at $X in 2020, and then dropped slightly in the following year.
Exports of Peel Of Citrus Fruit Or Melons
Exports from Turkey
In 2021, overseas shipments of peel of citrus fruit or melons decreased by -13.5% to X tons, falling for the third year in a row after three years of growth. In general, exports, however, showed resilient growth. The pace of growth was the most pronounced in 2014 with an increase of 68% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.
In value terms, citrus fruit or melons peel exports dropped modestly to $X in 2021. Over the period under review, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2014 with an increase of 65% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.
Exports by Country
Italy (X tons) was the main destination for citrus fruit or melons peel exports from Turkey, with a 42% share of total exports. Moreover, citrus fruit or melons peel exports to Italy exceeded the volume sent to the second major destination, Germany (X tons), fourfold. Poland (X tons) ranked third in terms of total exports with a 6.8% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Italy totaled +30.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-10.8% per year) and Poland (+32.9% per year).
In value terms, the largest markets for citrus fruit or melons peel exported from Turkey were Italy ($X), France ($X) and Germany ($X), together accounting for 53% of total exports. The United States, Poland, Israel, Spain and Russia lagged somewhat behind, together comprising a further 28%.
Spain, with a CAGR of +81.6%, 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 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 2021, rising by 11% against the previous year. Over the period under review, the export price, however, continues to indicate a slight decrease. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was France ($X per ton), while the average price for exports to Italy ($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 France (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Peel Of Citrus Fruit Or Melons
Imports into Turkey
In 2021, purchases abroad of peel of citrus fruit or melons was finally on the rise to reach X tons for the first time since 2015, thus ending a five-year declining trend. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, citrus fruit or melons peel imports surged to $X in 2021. Overall, imports showed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2021, the UK (X tons) constituted the largest citrus fruit or melons peel supplier to Turkey, with a 62% share of total imports. Moreover, citrus fruit or melons peel imports from the UK exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold.
From 2012 to 2021, the average annual rate of growth in terms of volume from the UK totaled +200.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.2% per year) and Spain (+25.9% per year).
In value terms, Germany ($X) constituted the largest supplier of citrus fruit or melons peel to Turkey, comprising 70% of total imports. The second position in the ranking was held by the UK ($X), with a 20% share of total imports.
From 2012 to 2021, the average annual growth rate of value from Germany stood at +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+48.8% per year) and Spain (+1.0% per year).
Import Prices by Country
In 2021, the average import price for peel of citrus fruit or melons amounted to $X per ton, reducing by -81.1% against the previous year. Overall, the import price faced a deep reduction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 200% against the previous year. As a result, import price attained the peak level of $X per ton, and then declined markedly in the following year.
Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+12.6%), while the prices for the other major suppliers experienced a decline.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for citrus fruit or melons peel in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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