U.S. - Citrus Fruit - Market Analysis, Forecast, Size, Trends and Insights

U.S.: Citrus Fruit Market Overview 2020

Citrus Fruit Market Size in the U.S.

The revenue of the citrus fruit market in the U.S. amounted to $X in 2018, increasing by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Citrus fruit consumption peaked at $X in 2012; however, from 2013 to 2018, consumption remained at a lower figure.

Citrus Fruit Production in the U.S.

In value terms, citrus fruit production totaled $X in 2018. Overall, citrus fruit production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, citrus fruit production attained its maximum level at $X in 2012; however, from 2013 to 2018, production failed to regain its momentum.

Average yield of citrus fruits in the U.S. stood at X tonne per ha in 2018, remaining constant against the previous year. Over the period under review, the citrus fruit yield continues to indicate a mild deduction. The growth pace was the most rapid in 2008 when yield increased by X% year-to-year. Over the period under review, the average citrus fruit yield attained its maximum level at X tonne per ha in 2012; however, from 2013 to 2018, yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of citrus fruits production in the U.S. totaled X ha, coming down by -X% against the previous year. Over the period under review, the citrus fruit harvested area continues to indicate a slight deduction. Citrus fruit harvested area peaked at X ha in 2007; however, from 2008 to 2018, harvested area stood at a somewhat lower figure.

Citrus Fruit Exports

Exports from the U.S.

Citrus fruit exports from the U.S. totaled X tonnes in 2018, growing by X% against the previous year. In general, citrus fruit exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, citrus fruit exports reached their maximum at X tonnes in 2011; however, from 2012 to 2018, exports remained at a lower figure.

In value terms, citrus fruit exports amounted to $X in 2018. The total export value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Exports peaked at $X in 2013; however, from 2014 to 2018, exports failed to regain their momentum.

Exports by Country

South Korea (X tonnes), Canada (X tonnes) and China, Hong Kong SAR (X tonnes) were the main destinations of citrus fruit exports from the U.S., with a combined X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by South Korea, while the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Canada ($X) and China, Hong Kong SAR ($X) were the largest markets for citrus fruit exported from the U.S. worldwide, with a combined X% share of total exports.

Among the main countries of destination, South Korea experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average citrus fruit export price stood at $X per tonne in 2018, dropping by -X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2014 an increase of X% year-to-year. In that year, the average export prices for citrus fruits attained their peak level of $X per tonne. From 2015 to 2018, the growth in terms of the average export prices for citrus fruits remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was China, Hong Kong SAR ($X per tonne), while the average price for exports to Mexico ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to China, while the prices for the other major destinations experienced more modest paces of growth.

Citrus Fruit Imports

Imports into the U.S.

In 2018, the citrus fruit imports into the U.S. totaled X tonnes, going up by X% against the previous year. Overall, the total imports indicated strong growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. In that year, citrus fruit imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, citrus fruit imports stood at $X in 2018. In general, citrus fruit imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Imports peaked in 2018 and are likely to see steady growth in the near future.

Imports by Country

Chile (X tonnes), Mexico (X tonnes) and South Africa (X tonnes) were the main suppliers of citrus fruit imports to the U.S., with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Chile, while the other leaders experienced mixed trend patterns.

In value terms, Chile ($X) constituted the largest supplier of citrus fruit to the U.S., comprising X% of total citrus fruit imports. The second position in the ranking was occupied by South Africa ($X), with a X% share of total imports. It was followed by Mexico, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from Chile amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+X% per year) and Mexico (-X% per year).

Import Prices by Country

The average citrus fruit import price stood at $X per tonne in 2018, waning by -X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. In that year, the average import prices for citrus fruits reached their peak level of $X per tonne, and then declined slightly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Australia ($X per tonne), while the price for Mexico ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Morocco, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform