Australia and Oceania: Market for Peel Of Citrus Fruit Or Melons 2024

Market Size for Peel Of Citrus Fruit Or Melons in Australia and Oceania

The market for peel of citrus fruit or melons in Australia and Oceania shrank remarkably to $X in 2021, with a decrease of -17.3% against the previous year. Overall, consumption recorded a perceptible setback. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Peel Of Citrus Fruit Or Melons in Australia and Oceania

In value terms, citrus fruit or melons peel production declined to $X in 2021 estimated in export price. Over the period under review, production showed a noticeable setback. The pace of growth appeared the most rapid in 2020 with an increase of 41% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Peel Of Citrus Fruit Or Melons

Exports in Australia and Oceania

In 2021, the amount of peel of citrus fruit or melons exported in Australia and Oceania reduced to X tons, with a decrease of -9.1% against 2020. In general, exports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2016 with an increase of 923%. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, citrus fruit or melons peel exports expanded sharply to $X in 2021. Overall, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 570%. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Australia (X tons) and New Zealand (X tons) was the key exporter of peel of citrus fruit or melons in Australia and Oceania, creating 100% of total export.

From 2012 to 2021, the biggest increases were recorded for New Zealand (with a CAGR of +70.7%).

In value terms, the largest citrus fruit or melons peel supplying countries in Australia and Oceania were Australia ($X) and New Zealand ($X).

In terms of the main exporting countries, New Zealand, with a CAGR of +72.3%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, rising by 23% against the previous year. Export price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the export price increased by 79% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+4.7%).

Imports of Peel Of Citrus Fruit Or Melons

Imports in Australia and Oceania

In 2021, approx. X tons of peel of citrus fruit or melons were imported in Australia and Oceania; waning by -60.4% on the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 422% against the previous year. The volume of import peaked at X tons in 2020, and then dropped sharply in the following year.

In value terms, citrus fruit or melons peel imports declined remarkably to $X in 2021. Overall, imports, however, continue to indicate a notable increase. The growth pace was the most rapid in 2018 when imports increased by 210% against the previous year. Over the period under review, imports attained the maximum at $X in 2020, and then dropped remarkably in the following year.

Imports by Country

New Zealand represented the largest importer of peel of citrus fruit or melons in Australia and Oceania, with the volume of imports accounting for X tons, which was near 61% of total imports in 2021. Australia (X tons) held the second position in the ranking, distantly followed by Marshall Islands (X tons). All these countries together took near 35% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by New Zealand (with a CAGR of +32.0%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest citrus fruit or melons peel importing markets in Australia and Oceania were Australia ($X), New Zealand ($X) and Marshall Islands ($X), together comprising 97% of total imports.

Among the main importing countries, New Zealand, with a CAGR of +25.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, rising by 15% against the previous year. In general, the import price saw a pronounced expansion. The pace of growth appeared the most rapid in 2017 when the import price increased by 94% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per ton), while Marshall Islands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+11.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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