Southern Asia: Market for Peel Of Citrus Fruit Or Melons 2024

Market Size for Peel Of Citrus Fruit Or Melons in Southern Asia

In 2021, after two years of growth, there was significant decline in the South Asian market for peel of citrus fruit or melons, when its value decreased by -7.1% to $X. The total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +68.9% against 2018 indices. The level of consumption peaked at $X in 2020, and then shrank in the following year.

Production of Peel Of Citrus Fruit Or Melons in Southern Asia

In value terms, citrus fruit or melons peel production reduced to $X in 2021 estimated in export price. The total production indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +3.6% 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 +74.5% against 2018 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by 59% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then declined in the following year.

Exports of Peel Of Citrus Fruit Or Melons

Exports in Southern Asia

In 2021, shipments abroad of peel of citrus fruit or melons decreased by -63.9% to X tons, falling for the second consecutive year after two years of growth. In general, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2015 when exports increased by 81% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, citrus fruit or melons peel exports dropped notably to $X in 2021. Overall, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 64%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

In 2021, India (X tons) was the major exporter of peel of citrus fruit or melons, achieving 73% of total exports. It was distantly followed by Pakistan (X tons), committing a 24% share of total exports. Nepal (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to citrus fruit or melons peel exports from India stood at -8.5%. Nepal (-1.5%) and Pakistan (-6.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Pakistan and India increased by +5.8 and +2.5 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest citrus fruit or melons peel supplier in Southern Asia, comprising 73% of total exports. The second position in the ranking was held by Pakistan ($X), with an 18% share of total exports.

In India, citrus fruit or melons peel exports declined by an average annual rate of -2.6% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Pakistan (-9.8% per year) and Nepal (-13.7% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, surging by 38% against the previous year. Export price indicated noticeable growth from 2012 to 2021: its price 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, citrus fruit or melons peel export price increased by +118.1% against 2019 indices. The growth pace was the most rapid in 2020 an increase of 58% against the previous year. Over the period under review, the export prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Nepal ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+6.5%), while the other leaders experienced a decline in the export price figures.

Imports of Peel Of Citrus Fruit Or Melons

Imports in Southern Asia

In 2021, the amount of peel of citrus fruit or melons imported in Southern Asia soared to X tons, growing by 91% compared with 2020. Overall, imports continue to indicate noticeable growth. The most prominent rate of growth was recorded in 2019 when imports increased by 121% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, citrus fruit or melons peel imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2018 when imports increased by 26%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Nepal represented the main importing country with an import of about X tons, which recorded 64% of total imports. India (X tons) ranks second in terms of the total imports with a 20% share, followed by Sri Lanka (4.8%). Afghanistan (X tons), Maldives (X tons) and Pakistan (X tons) followed a long way behind the leaders.

Nepal was also the fastest-growing in terms of the peel of citrus fruit or melons imports, with a CAGR of +30.1% from 2012 to 2021. At the same time, India (+20.6%), Afghanistan (+7.2%) and Pakistan (+4.4%) displayed positive paces of growth. By contrast, Maldives (-3.2%) and Sri Lanka (-8.1%) illustrated a downward trend over the same period. Nepal (+55 p.p.) and India (+15 p.p.) significantly strengthened its position in terms of the total imports, while Maldives and Sri Lanka saw its share reduced by -2.9% and -10.2% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nepal ($X), India ($X) and Sri Lanka ($X) constituted the countries with the highest levels of imports in 2021, with a combined 80% share of total imports. These countries were followed by Pakistan, Maldives and Afghanistan, which together accounted for a further 18%.

Among the main importing countries, Pakistan, with a CAGR of +17.1%, saw the highest growth rate of 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 Southern Asia stood at $X per ton in 2021, reducing by -38.9% against the previous year. Overall, the import price showed a abrupt downturn. The pace of growth was the most pronounced in 2020 when the import price increased by 93%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sri Lanka ($X per ton), while Nepal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+12.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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