Luxembourg: Market for Peel Of Citrus Fruit Or Melons 2024

Market Size for Peel Of Citrus Fruit Or Melons in Luxembourg

In 2021, after two years of growth, there was decline in the Luxembourg market for peel of citrus fruit or melons, when its value decreased by -2.4% to $X. Overall, the total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +52.3% against 2018 indices. Citrus fruit or melons peel consumption peaked at $X in 2020, and then dropped in the following year.

Production of Peel Of Citrus Fruit Or Melons in Luxembourg

In value terms, citrus fruit or melons peel production shrank modestly to $X in 2021 estimated in export price. In general, the total production indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +51.9% against 2018 indices. The growth pace was the most rapid in 2019 when the production volume increased by 47%. Citrus fruit or melons peel production peaked at $X in 2020, and then declined slightly in the following year.

Exports of Peel Of Citrus Fruit Or Melons

Exports from Luxembourg

In 2020, overseas shipments of peel of citrus fruit or melons decreased by -60% to X kg, falling for the sixth consecutive year after three years of growth. Overall, exports faced a dramatic contraction. The most prominent rate of growth was recorded in 2014 with an increase of 258% against the previous year. As a result, the exports attained the peak of X kg. From 2015 to 2020, the growth of the exports remained at a lower figure.

In value terms, citrus fruit or melons peel exports reduced markedly to $X in 2020. Over the period under review, exports showed a dramatic decline. The most prominent rate of growth was recorded in 2014 with an increase of 506% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2020, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X kg) was the main destination for citrus fruit or melons peel exports from Luxembourg, accounting for a approx. 100% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to France stood at -14.5%.

In value terms, France ($X) emerged as the key foreign market for peel of citrus fruit or melons exports from Luxembourg.

From 2012 to 2020, the average annual rate of growth in terms of value to France totaled -19.8%.

Export Prices by Country

In 2020, the average export price for peel of citrus fruit or melons amounted to $X per ton, with an increase of 9.4% against the previous year. In general, the export price, however, continues to indicate a pronounced slump. The growth pace was the most rapid in 2014 an increase of 70% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2020, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2020, the rate of growth in terms of prices for Belgium amounted to -3.1% per year.

Imports of Peel Of Citrus Fruit Or Melons

Imports into Luxembourg

In 2021, citrus fruit or melons peel imports into Luxembourg skyrocketed to X tons, rising by 45% compared with 2020. Over the period under review, imports, however, saw a deep slump. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, citrus fruit or melons peel imports soared to $X in 2021. Overall, imports, however, showed a noticeable downturn. The pace of growth was the most pronounced in 2018 when imports increased by 61% against the previous year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Belgium (X tons) constituted the largest supplier of citrus fruit or melons peel to Luxembourg, accounting for a 56% share of total imports. Moreover, citrus fruit or melons peel imports from Belgium exceeded the figures recorded by the second-largest supplier, France (X kg), threefold. The third position in this ranking was taken by Germany (X kg), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from Belgium totaled -5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-4.5% per year) and Germany (+4.9% per year).

In value terms, Belgium ($X) constituted the largest supplier of peel of citrus fruit or melons to Luxembourg, comprising 47% of total imports. The second position in the ranking was taken by Germany ($X), with a 19% share of total imports. It was followed by France, with a 19% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium stood at -6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.3% per year) and France (+7.6% per year).

Import Prices by Country

In 2021, the average import price for peel of citrus fruit or melons amounted to $X per ton, picking up by 11% against the previous year. In general, import price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +3.1% 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 2016 when the average import price increased by 88% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

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 Germany ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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