Japan: Market for Peel Of Citrus Fruit Or Melons 2024

Market Size for Peel Of Citrus Fruit Or Melons in Japan

In 2021, after three years of growth, there was decline in the Japanese market for peel of citrus fruit or melons, when its value decreased by -3.5% to $X. Over the period under review, consumption, however, posted a strong expansion. Over the period under review, the market attained the peak level at $X in 2020, and then shrank modestly in the following year.

Production of Peel Of Citrus Fruit Or Melons in Japan

In value terms, citrus fruit or melons peel production contracted modestly to $X in 2021 estimated in export price. Overall, production continues to indicate resilient growth. The most prominent rate of growth was recorded in 2019 with an increase of 76%. Over the period under review, production attained the maximum level at $X in 2020, and then dropped slightly in the following year.

Exports of Peel Of Citrus Fruit Or Melons

Exports from Japan

In 2021, the amount of peel of citrus fruit or melons exported from Japan skyrocketed to X tons, surging by 31% compared with the previous year. In general, exports, however, saw a deep reduction. The growth pace was the most rapid in 2014 when exports increased by 72%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, citrus fruit or melons peel exports surged to $X in 2021. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 64%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Thailand (X tons), Taiwan (Chinese) (X tons) and the United States (X tons) were the main destinations of citrus fruit or melons peel exports from Japan, with a combined 61% share of total exports. South Korea, Hong Kong SAR, France, Singapore, China and the United Arab Emirates lagged somewhat behind, together comprising a further 37%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hong Kong SAR (with a CAGR of +56.3%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Thailand ($X) and Taiwan (Chinese) ($X) appeared to be the largest markets for citrus fruit or melons peel exported from Japan worldwide, with a combined 53% share of total exports.

Thailand, with a CAGR of +47.2%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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 3.1% against the previous year. Overall, export price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, citrus fruit or melons peel export price increased by +25.6% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 48%. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the United Arab Emirates ($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 Singapore (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Peel Of Citrus Fruit Or Melons

Imports into Japan

In 2021, overseas purchases of peel of citrus fruit or melons decreased by -1.2% to X tons, falling for the third year in a row after four years of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 17% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, citrus fruit or melons peel imports totaled $X in 2021. Overall, total imports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -20.1% against 2018 indices. The most prominent rate of growth was recorded in 2016 with an increase of 23%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Spain (X tons), China (X tons) and Chile (X tons) were the main suppliers of citrus fruit or melons peel imports to Japan, with a combined 79% share of total imports. South Africa, New Zealand, the United States and Italy lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by New Zealand (with a CAGR of +77.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), China ($X) and Chile ($X) were the largest citrus fruit or melons peel suppliers to Japan, together comprising 75% of total imports. South Africa, the United States, New Zealand and Italy lagged somewhat behind, together accounting for a further 21%.

In terms of the main suppliers, New Zealand, with a CAGR of +73.3%, saw the highest rates of growth with regard to 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

The average import price for peel of citrus fruit or melons stood at $X per ton in 2021, rising by 2.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.5%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 15% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

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 United States ($X per ton), while the price for Chile ($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 United States (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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