British Virgin Islands: Fruit Market 2020

Fruit Market Size in British Virgin Islands

The revenue of the fruit market in British Virgin Islands amounted to $X in 2018, going up by X% against the previous year. In general, fruit consumption continues to indicate a buoyant expansion. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. In that year, the fruit market attained its peak level of $X. From 2013 to 2018, the growth of the fruit market failed to regain its momentum.

Fruit Production in British Virgin Islands

In value terms, fruit production stood at $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. In that year, fruit production reached its peak level of $X, and then declined slightly in the following year.

Average yield of fruits in British Virgin Islands amounted to X ton per ha in 2018, standing approx. at the previous year. Over the period under review, the fruit yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the fruit yield reached its maximum level at X ton per ha in 2008; however, from 2009 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Fruit harvested area in British Virgin Islands totaled X ha in 2018, picking up by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2012 when harvested area increased by X% year-to-year. In that year, the fruit harvested area attained its peak level of X ha. From 2013 to 2018, the growth of the fruit harvested area remained at a somewhat lower figure.

Fruit Exports

Exports from British Virgin Islands

In 2018, the fruit exports from British Virgin Islands stood at X tons, lowering by -X% against the previous year. In general, fruit exports continue to indicate an abrupt drop. The pace of growth appeared the most rapid in 2016 when exports decreased by -X% year-to-year. Over the period under review, fruit exports attained their peak figure at X tons in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, fruit exports stood at $X in 2018. In general, fruit exports continue to indicate a drastic setback. The growth pace was the most rapid in 2017 when exports increased by X% year-to-year. British Virgin Islands exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, Spain (X tons), Ecuador (X tons), Mexico (X tons), the U.S. (X tons), Guatemala (X tons), South Africa (X tons), Costa Rica (X tons), the Netherlands (X tons), China (X tons), Italy (X tons), Chile (X tons) and Turkey (X tons) represented the major exporters of fruits in the world, committing X% of total export.

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

In value terms, Spain ($X), Mexico ($X) and the U.S. ($X) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by the Netherlands, Ecuador, Chile, South Africa, China, Italy, Costa Rica, Guatemala, Turkey and British Virgin Islands, which together accounted for a further X experienced the highest growth rate of exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the fruit export price in British Virgin Islands amounted to $X per ton, growing by X% against the previous year. Overall, the fruit export price continues to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2017 an increase of X% y-o-y. Over the period under review, the export prices for fruits reached their maximum in 2018 and is expected to retain its growth in the near future.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Costa Rica, while the other leaders experienced more modest paces of growth.

Fruit Imports

Imports into British Virgin Islands

Fruit imports into British Virgin Islands amounted to X tons in 2018, jumping by X% against the previous year. Over the period under review, fruit imports continue to indicate a prominent increase. The growth pace was the most rapid in 2012 when imports increased by X% y-o-y. In that year, fruit imports attained their peak of X tons. From 2013 to 2018, the growth of fruit imports remained at a lower figure.

In value terms, fruit imports stood at $X in 2018. Overall, fruit imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2012 when imports increased by X% against the previous year. In that year, fruit imports reached their peak of $X. From 2013 to 2018, the growth of fruit imports failed to regain its momentum.

Imports by Country

In 2018, the U.S. (X tons), distantly followed by Russia (X tons), Germany (X tons), the UK (X tons), the Netherlands (X tons) and France (X tons) were the major importers of fruits, together achieving X% of total imports. China (X tons), Canada (X tons), Belgium (X tons), Italy (X tons), Spain (X tons) and Japan (X tons) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to fruit imports into the U.S. stood at +X%. At the same time, China (+X%), Spain (+X%), the Netherlands (+X%), Italy (+X%), Germany (+X%), Russia (+X%) and France (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Canada and the UK experienced a relatively flat trend pattern. By contrast, Belgium (-X%) and Japan (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.) and China (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X), Germany ($X) and Russia ($X) constituted the countries with the highest levels of imports in 2018, together accounting for X% of total imports. These countries were followed by the UK, the Netherlands, France, Canada, China, Belgium, Japan, Spain, Italy and British Virgin Islands, which together accounted for a further X Virgin Islands experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The fruit import price in British Virgin Islands stood at $X per ton in 2018, coming down by -X% against the previous year. In general, the fruit import price, however, continues to indicate a slight expansion. The pace of growth was the most pronounced in 2013 an increase of X% year-to-year. Over the period under review, the import prices for fruits attained their maximum at $X per ton in 2015; however, from 2016 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Canada ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform