Ireland: Market for Peel Of Citrus Fruit Or Melons 2024

Market Size for Peel Of Citrus Fruit Or Melons in Ireland

In 2021, the Irish market for peel of citrus fruit or melons increased by 17% to $X, rising for the fourth consecutive year after five years of decline. In general, consumption posted a pronounced increase. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in years to come.

Production of Peel Of Citrus Fruit Or Melons in Ireland

In value terms, citrus fruit or melons peel production declined to $X in 2021 estimated in export price. Over the period under review, production enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2019 with an increase of 99% against the previous year. Citrus fruit or melons peel production peaked at $X in 2020, and then fell in the following year.

Exports of Peel Of Citrus Fruit Or Melons

Exports from Ireland

In 2021, citrus fruit or melons peel exports from Ireland fell notably to X tons, declining by -82.8% on 2020 figures. Over the period under review, exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2019 with an increase of 5,391%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, citrus fruit or melons peel exports declined remarkably to $X in 2021. Overall, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 5,551% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The UK (X tons) was the main destination for citrus fruit or melons peel exports from Ireland, with a 93% share of total exports. Moreover, citrus fruit or melons peel exports to the UK exceeded the volume sent to the second major destination, Bahrain (X kg), more than tenfold.

From 2013 to 2021, the average annual growth rate of volume to the UK amounted to -11.7%.

In value terms, the UK ($X) remains the key foreign market for peel of citrus fruit or melons exports from Ireland, comprising 94% of total exports. The second position in the ranking was held by Bahrain ($X), with a 5.5% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of value to the UK stood at +7.0%.

Export Prices by Country

The average export price for peel of citrus fruit or melons stood at $X per ton in 2021, with an increase of 52% against the previous year. Overall, the export price showed a significant increase. The growth pace was the most rapid in 2018 an increase of 67% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Bahrain stood at $X per ton.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+21.3%).

Imports of Peel Of Citrus Fruit Or Melons

Imports into Ireland

Citrus fruit or melons peel imports into Ireland soared to X tons in 2021, picking up by 335% against the previous year's figure. In general, imports enjoyed a measured expansion. 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 skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of citrus fruit or melons peel to Ireland, accounting for a 68% share of total imports. Moreover, citrus fruit or melons peel imports from Spain exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fourfold. The UK (X tons) ranked third in terms of total imports with a 5.2% share.

From 2012 to 2021, the average annual growth rate of volume from Spain totaled +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+40.3% per year) and the UK (-10.8% per year).

In value terms, the largest citrus fruit or melons peel suppliers to Ireland were Spain ($X), the Netherlands ($X) and the UK ($X), together accounting for 92% of total imports.

The Netherlands, with a CAGR of +47.5%, recorded the highest rates of growth with regard to 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, picking up by 9.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.7%. The pace of growth was the most pronounced in 2020 an increase of 31% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2018; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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