U.S.: Market for Peel Of Citrus Fruit Or Melons 2024

Market Size for Peel Of Citrus Fruit Or Melons in the U.S.

In 2021, after four years of growth, there was significant decline in the U.S. market for peel of citrus fruit or melons, when its value decreased by -8.4% to $X. Overall, consumption, however, enjoyed a buoyant increase. Over the period under review, the market reached the peak level at $X in 2020, and then declined in the following year.

Production of Peel Of Citrus Fruit Or Melons in the U.S.

In value terms, citrus fruit or melons peel production dropped to $X in 2021. Over the period under review, production, however, continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by 54% 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 from the U.S.

In 2021, shipments abroad of peel of citrus fruit or melons increased by 9.7% to X tons for the first time since 2016, thus ending a four-year declining trend. Overall, exports, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2016 with an increase of 22% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, citrus fruit or melons peel exports expanded sharply to $X in 2021. Over the period under review, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2016 when exports increased by 21% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X tons), Canada (X tons) and India (X tons) were the main destinations of citrus fruit or melons peel exports from the United States, with a combined 72% share of total exports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +60.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Japan ($X) and the Dominican Republic ($X) constituted the largest markets for citrus fruit or melons peel exported from the United States worldwide, together accounting for 74% of total exports. These countries were followed by India, Australia, Thailand, Brazil and Mexico, which together accounted for a further 14%.

India, with a CAGR of +48.8%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for peel of citrus fruit or melons stood at $X per ton in 2021, falling by -4.1% against the previous year. In general, the export price, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2018 an increase of 52% against the previous year. The export price peaked at $X per ton in 2020, and then fell slightly in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to India ($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 Brazil (+25.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Peel Of Citrus Fruit Or Melons

Imports into the U.S.

In 2021, supplies from abroad of peel of citrus fruit or melons was finally on the rise to reach X tons after two years of decline. Over the period under review, imports saw a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of 106%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, citrus fruit or melons peel imports surged to $X in 2021. In general, imports saw prominent growth. The growth pace was the most rapid in 2018 with an increase of 76% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Mexico (X tons), Spain (X tons) and Germany (X tons) were the main suppliers of citrus fruit or melons peel imports to the United States, together comprising 70% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +25.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Mexico ($X) and Germany ($X) appeared to be the largest citrus fruit or melons peel suppliers to the United States, with a combined 61% share of total imports.

Among the main suppliers, Mexico, with a CAGR of +22.0%, recorded 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

In 2021, the average import price for peel of citrus fruit or melons amounted to $X per ton, shrinking by -24.1% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 28% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

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 Peru ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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