Middle East: Market for Peel Of Citrus Fruit Or Melons 2024

Market Size for Peel Of Citrus Fruit Or Melons in the Middle East

After two years of growth, the Middle Eastern market for peel of citrus fruit or melons decreased by -6.4% to $X in 2021. The total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +56.5% against 2018 indices. Over the period under review, the market hit record highs at $X in 2020, and then fell in the following year.

Production of Peel Of Citrus Fruit Or Melons in the Middle East

In value terms, citrus fruit or melons peel production declined to $X in 2021 estimated in export price. The total production indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +55.1% against 2018 indices. The pace of growth appeared the most rapid in 2019 with an increase of 44% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then dropped in the following year.

Exports of Peel Of Citrus Fruit Or Melons

Exports in the Middle East

In 2021, shipments abroad of peel of citrus fruit or melons decreased by -17% to X tons, falling for the third year in a row after three years of growth. Overall, exports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2017 with an increase of 54%. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, citrus fruit or melons peel exports stood at $X in 2021. Total exports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -22.7% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 51%. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Turkey prevails in exports structure, finishing at X tons, which was approx. 88% of total exports in 2021. It was distantly followed by Israel (X tons) and Iran (X tons), together achieving a 9.8% share of total exports.

Exports from Turkey increased at an average annual rate of +10.0% from 2012 to 2021. At the same time, Iran (+24.9%) displayed positive paces of growth. Moreover, Iran emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +24.9% from 2012-2021. By contrast, Israel (-11.8%) illustrated a downward trend over the same period. Turkey (+21 p.p.) and Iran (+3.5 p.p.) significantly strengthened its position in terms of the total exports, while Israel saw its share reduced by -23% from 2012 to 2021, respectively.

In value terms, Turkey ($X) remains the largest citrus fruit or melons peel supplier in the Middle East, comprising 82% of total exports. The second position in the ranking was held by Israel ($X), with a 12% share of total exports.

In Turkey, citrus fruit or melons peel exports expanded at an average annual rate of +8.0% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Israel (-9.0% per year) and Iran (+31.5% per year).

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per ton, surging by 28% against the previous year. Overall, the export price, however, saw a perceptible slump. The level of export peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iran (+5.3%), while the other leaders experienced mixed trends in the export price figures.

Imports of Peel Of Citrus Fruit Or Melons

Imports in the Middle East

In 2021, approx. X tons of peel of citrus fruit or melons were imported in the Middle East; reducing by -13.2% against the year before. Overall, imports faced a abrupt descent. The growth pace was the most rapid in 2019 when imports increased by 85%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, citrus fruit or melons peel imports soared to $X in 2021. Total imports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when imports increased by 42%. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Israel represented the key importing country with an import of around X tons, which resulted at 47% of total imports. It was distantly followed by Turkey (X tons), the United Arab Emirates (X tons) and Qatar (X tons), together mixing up a 46% share of total imports. The following importers - Yemen (X tons) and Saudi Arabia (X tons) - each reached a 4.2% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Saudi Arabia (with a CAGR of +50.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Israel ($X), the United Arab Emirates ($X) and Turkey ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 87% of total imports. These countries were followed by Qatar, Saudi Arabia and Yemen, which together accounted for a further 10%.

In terms of the main importing countries, Saudi Arabia, with a CAGR of +101.5%, recorded 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 import price in the Middle East stood at $X per ton in 2021, jumping by 57% against the previous year. Over the period under review, the import price enjoyed a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Yemen ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+34.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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