Sweden: Market for Peel Of Citrus Fruit Or Melons 2024

Market Size for Peel Of Citrus Fruit Or Melons in Sweden

In 2021, the Swedish market for peel of citrus fruit or melons decreased by -18.3% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption, however, recorded a buoyant expansion. Citrus fruit or melons peel consumption peaked at $X in 2020, and then contracted remarkably in the following year.

Production of Peel Of Citrus Fruit Or Melons in Sweden

In value terms, citrus fruit or melons peel production declined rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a resilient increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by 66% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then fell markedly in the following year.

Exports of Peel Of Citrus Fruit Or Melons

Exports from Sweden

In 2021, overseas shipments of peel of citrus fruit or melons decreased by -4% to X tons, falling for the third consecutive year after three years of growth. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2018 with an increase of 70%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, citrus fruit or melons peel exports skyrocketed to $X in 2021. In general, exports, however, posted a measured expansion. The most prominent rate of growth was recorded in 2018 with an increase of 66% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Denmark (X tons) was the main destination for citrus fruit or melons peel exports from Sweden, with a 75% share of total exports. Moreover, citrus fruit or melons peel exports to Denmark exceeded the volume sent to the second major destination, Finland (X kg), fourfold. The third position in this ranking was held by Estonia (X kg), with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Denmark amounted to +77.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-27.0% per year) and Estonia (-0.6% per year).

In value terms, Denmark ($X) remains the key foreign market for peel of citrus fruit or melons exports from Sweden, comprising 90% of total exports. The second position in the ranking was taken by Finland ($X), with a 7.9% share of total exports. It was followed by Estonia, with a 1.6% share.

From 2012 to 2021, the average annual growth rate of value to Denmark totaled +118.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-19.4% per year) and Estonia (+2.1% per year).

Export Prices by Country

The average export price for peel of citrus fruit or melons stood at $X per ton in 2021, jumping by 28% against the previous year. Over the period under review, the export price recorded significant growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 111%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Estonia ($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 Denmark (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Peel Of Citrus Fruit Or Melons

Imports into Sweden

In 2021, approx. X tons of peel of citrus fruit or melons were imported into Sweden; which is down by -80.5% on the previous year. Overall, imports showed a precipitous setback. The most prominent rate of growth was recorded in 2018 when imports increased by 30% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, citrus fruit or melons peel imports contracted significantly to $X in 2021. In general, imports showed a deep setback. The pace of growth was the most pronounced in 2018 with an increase of 48% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest citrus fruit or melons peel supplier to Sweden, with a 46% share of total imports. Moreover, citrus fruit or melons peel imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Ireland (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from France stood at +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.3% per year) and Ireland (+91.4% per year).

In value terms, France ($X), Germany ($X) and Ireland ($X) constituted the largest citrus fruit or melons peel suppliers to Sweden, with a combined 76% share of total imports.

Ireland, with a CAGR of +148.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 193% against the previous year. Overall, the import price continues to indicate prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+30.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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