Wallis and Futuna Islands: Fruit Market 2020

Fruit Market Size in Wallis and Futuna Islands

The revenue of the fruit market in Wallis and Futuna Islands amounted to $X in 2018, remaining relatively unchanged against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when the market value increased by X% against the previous year. In that year, the fruit market reached its peak level of $X, leveling off in the following year.

Fruit Production in Wallis and Futuna Islands

In value terms, fruit production stood at $X in 2018 estimated in export prices. In general, the total output indicated a remarkable expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, fruit production increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. In that year, fruit production reached its peak level of $X, leveling off in the following year.

In 2018, the average fruit yield in Wallis and Futuna Islands totaled X ton per ha, going up by X% against the previous year. Overall, the yield indicated a buoyant increase from 2007 to 2018: its figure increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, fruit yield increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2008 when yield increased by X% against the previous year. The global fruit yield peaked in 2018 and is expected to retain its growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Fruit harvested area in Wallis and Futuna Islands totaled X ha in 2018, leveling off at the previous year. Over the period under review, the fruit harvested area continues to indicate a slight curtailment. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to fruit production attained its maximum at X ha in 2011; however, from 2012 to 2018, harvested area stood at a somewhat lower figure.

Fruit Exports

Exports from Wallis and Futuna Islands

In 2018, the exports of fruits from Wallis and Futuna Islands totaled X kg, lowering by -X% against the previous year. Over the period under review, fruit exports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. Wallis and Futuna Islands exports peaked at X tons in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, fruit exports stood at $X in 2018. Overall, fruit exports continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2016 when exports decreased by -X% y-o-y. Wallis and Futuna Islands exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

Spain (X tons), Ecuador (X tons), Mexico (X tons), the U.S. (X tons), Guatemala (X tons), South Africa (X tons), Costa Rica (X tons), the Netherlands (X tons), China (X tons), Italy (X tons), Chile (X tons) and Turkey (X tons) represented roughly X% of total exports of fruits in 2018.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Turkey, while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Mexico ($X) and the U.S. ($X) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports. The Netherlands, Ecuador, Chile, South Africa, China, Italy, Costa Rica, Guatemala, Turkey and Wallis and Futuna Islands lagged somewhat behind, together accounting for a further X the main exporting countries, Guatemala experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the fruit export price in Wallis and Futuna Islands amounted to $X per ton, flattening at the previous year. Over the period under review, the fruit export price continues to indicate a measured increase. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. Wallis and Futuna Islands export price peaked at $X per ton in 2011; afterwards, it flattened through to 2018.

Prices varied noticeably by the country of origin; the country with the highest price was Mexico ($X per ton), while Guatemala ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Costa Rica, while the other leaders experienced more modest paces of growth.

Fruit Imports

Imports into Wallis and Futuna Islands

Fruit imports into Wallis and Futuna Islands stood at X tons in 2018, going down by -X% against the previous year. In general, fruit imports continue to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Wallis and Futuna Islands imports peaked at X tons in 2009; however, from 2010 to 2018, imports stood at a somewhat lower figure.

In value terms, fruit imports totaled $X in 2018. Over the period under review, fruit imports continue to indicate a drastic decrease. The pace of growth appeared the most rapid in 2016 when imports increased by X% y-o-y. Over the period under review, fruit imports reached their maximum at $X in 2010; however, from 2011 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the U.S. (X tons), distantly followed by Russia (X tons), Germany (X tons), the UK (X tons), the Netherlands (X tons) and France (X tons) represented the main importers of fruits, together comprising X% of total imports. The following importers - China (X tons), Canada (X tons), Belgium (X tons), Italy (X tons), Spain (X tons) and Japan (X tons) - together made up X% of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, China (+X%), Spain (+X%), the Netherlands (+X%), Italy (+X%), Germany (+X%), Russia (+X%) and France (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Canada and the UK experienced a relatively flat trend pattern. By contrast, Belgium (-X%) and Japan (-X%) illustrated a downward trend over the same period. While the share of the U.S. (+X p.p.) and China (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest fruit importing markets into Wallis and Futuna Islands were the U.S. ($X), Germany ($X) and Russia ($X), together comprising X% of total imports. These countries were followed by the UK, the Netherlands, France, Canada, China, Belgium, Japan, Spain, Italy and Wallis and Futuna Islands, which together accounted for a further X terms of the main importing countries, China recorded the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The fruit import price in Wallis and Futuna Islands stood at $X per ton in 2018, growing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010 when the import price increased by X% y-o-y. Wallis and Futuna Islands import price peaked in 2018 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Canada ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform