Puerto Rico: Citrus Fruit Market 2024

Citrus Fruit Market Size in Puerto Rico

The Puerto Rican citrus fruit market fell to $X in 2021, which is down by -9.2% against the previous year. In general, consumption recorded a pronounced curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Citrus Fruit Production in Puerto Rico

In value terms, citrus fruit production fell to $X in 2021 estimated in export price. Over the period under review, production showed a pronounced setback. The most prominent rate of growth was recorded in 2020 when the production volume increased by 28% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

The average yield of citrus fruits in Puerto Rico shrank modestly to X tons per ha in 2021, waning by -1.9% compared with the year before. Over the period under review, the yield continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2015 when the yield increased by 11% against the previous year. Over the period under review, the citrus fruit yield attained the peak level at X tons per ha in 2012; however, from 2013 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The citrus fruit harvested area in Puerto Rico stood at X ha in 2021, remaining constant against 2020 figures. In general, the harvested area, however, recorded a slight descent. The pace of growth appeared the most rapid in 2015 when the harvested area increased by 8.3%. Over the period under review, the harvested area dedicated to citrus fruit production reached the peak figure at X ha in 2012; however, from 2013 to 2021, the harvested area remained at a lower figure.

Citrus Fruit Exports

Exports from Puerto Rico

In 2021, the amount of citrus fruits exported from Puerto Rico stood at less than X kg, remaining stable against the previous year. Overall, exports continue to indicate a relatively flat trend pattern.

In value terms, citrus fruit exports totaled less than $X in 2021. In general, exports saw a relatively flat trend pattern.

Exports by Country

In 2021, Turkey (X tons), Spain (X tons) and South Africa (X tons) was the largest exporter of citrus fruits in the world, committing 52% of total export. China (X tons) took a 4.7% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (4.6%). Mexico (X tons), Egypt (X tons), the United States (X tons), Morocco (X tons), Greece (X tons), Pakistan (X tons), Chile (X tons) and Argentina (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Turkey (with a CAGR of +13.4%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) remains the largest citrus fruit supplier from Puerto Rico, comprising 24% of global exports. The second position in the ranking was taken by Turkey ($X), with an 11% share of global exports. It was followed by South Africa, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Spain stood at +1.9%. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (+8.5% per year) and South Africa (+8.2% per year).

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per ton, approximately mirroring the previous year. Overall, the export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+8.1%), while the other leaders experienced more modest paces of growth.

Citrus Fruit Imports

Imports into Puerto Rico

In 2021, citrus fruit imports into Puerto Rico amounted to less than X kg, flattening at the previous year's figure. Over the period under review, imports showed a relatively flat trend pattern.

In value terms, citrus fruit imports totaled less than $X in 2021. In general, imports recorded a relatively flat trend pattern.

Imports by Country

The purchases of the twelve major importers of citrus fruits, namely Russia, the United States, the Netherlands, Germany, France, Iraq, the UK, Saudi Arabia, Poland, Canada, China and the United Arab Emirates, represented more than half of total import. Italy (X tons) held a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +15.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2021, together accounting for 26% of total imports. These countries were followed by France, Russia, the UK, Canada, China, Poland, Saudi Arabia, Italy, the United Arab Emirates and Iraq, which together accounted for a further 37%.

In terms of the main importing countries, China, with a CAGR of +15.0%, 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

In 2021, the import price in Puerto Rico amounted to less than $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price showed a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per ton), while Iraq ($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 (+3.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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