Indonesia: Market for Peel Of Citrus Fruit Or Melons 2024

Market Size for Peel Of Citrus Fruit Or Melons in Indonesia

In 2021, the Indonesian market for peel of citrus fruit or melons decreased by -7.3% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, the total consumption indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +58.8% against 2018 indices. Over the period under review, the market attained the peak level at $X in 2020, and then contracted in the following year.

Production of Peel Of Citrus Fruit Or Melons in Indonesia

In value terms, citrus fruit or melons peel production fell to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 43% against the previous year. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Exports of Peel Of Citrus Fruit Or Melons

Exports from Indonesia

Citrus fruit or melons peel exports from Indonesia shrank sharply to X kg in 2021, which is down by -97.6% on 2020. Over the period under review, exports continue to indicate a sharp contraction. The growth pace was the most rapid in 2019 with an increase of 1,423%. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, citrus fruit or melons peel exports reduced sharply to $X in 2021. In general, exports saw a precipitous setback. The pace of growth appeared the most rapid in 2019 with an increase of 1,525% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Taiwan (Chinese) (X kg), Singapore (X kg) and Germany (X kg) were the main destinations of citrus fruit or melons peel exports from Indonesia, together accounting for 91% of total exports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +16.7%), while shipments for the other leaders experienced a decline.

In value terms, Singapore ($X) emerged as the key foreign market for peel of citrus fruit or melons exports from Indonesia, comprising 43% of total exports. The second position in the ranking was held by Germany ($X), with an 18% share of total exports. It was followed by Japan, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Singapore totaled +7.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+33.5% per year) and Japan (-31.2% per year).

Export Prices by Country

The average export price for peel of citrus fruit or melons stood at $X per ton in 2021, growing by 11% against the previous year. In general, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 an increase of 58%. The export price peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Taiwan (Chinese) ($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 Malaysia (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Peel Of Citrus Fruit Or Melons

Imports into Indonesia

In 2021, purchases abroad of peel of citrus fruit or melons decreased by -65.7% to X tons, falling for the third consecutive year after two years of growth. In general, imports recorded a deep reduction. The growth pace was the most rapid in 2018 with an increase of 1,301%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, citrus fruit or melons peel imports dropped sharply to $X in 2021. Over the period under review, imports saw a deep reduction. The growth pace was the most rapid in 2018 with an increase of 1,976%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of citrus fruit or melons peel to Indonesia, with a 65% share of total imports. Moreover, citrus fruit or melons peel imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), threefold. Singapore (X kg) ranked third in terms of total imports with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +21.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+44.2% per year) and Singapore (+0.6% per year).

In value terms, the largest citrus fruit or melons peel suppliers to Indonesia were Malaysia ($X), China ($X) and Japan ($X), with a combined 89% share of total imports.

Malaysia, with a CAGR of +91.7%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for peel of citrus fruit or melons stood at $X per ton in 2021, rising by 17% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 48% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+32.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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