Australia and Oceania: Market for Peel Of Citrus Fruit Or Melons 2024

Market Size for Peel Of Citrus Fruit Or Melons in Australia and Oceania

The market for peel of citrus fruit or melons in Australia and Oceania expanded rapidly to $X in 2022, rising by X% against the previous year. Overall, consumption, however, recorded a pronounced contraction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Peel Of Citrus Fruit Or Melons in Australia and Oceania

In value terms, citrus fruit or melons peel production reached $X in 2022 estimated in export price. In general, production, however, showed a noticeable decline. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Exports of Peel Of Citrus Fruit Or Melons

Exports in Australia and Oceania

In 2022, citrus fruit or melons peel exports in Australia and Oceania soared to X tons, with an increase of X% against the year before. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, citrus fruit or melons peel exports surged to $X in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The shipments of the two major exporters of peel of citrus fruit or melons, namely Australia and New Zealand, represented more than two-thirds of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by New Zealand (with a CAGR of X%).

In value terms, New Zealand ($X) and Australia ($X) constituted the countries with the highest levels of exports in 2022.

Among the main exporting countries, New Zealand, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, which is down by X% against the previous year. Export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, citrus fruit or melons peel export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Imports of Peel Of Citrus Fruit Or Melons

Imports in Australia and Oceania

Citrus fruit or melons peel imports skyrocketed to X tons in 2022, rising by X% against the year before. Over the period under review, imports recorded a buoyant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, citrus fruit or melons peel imports surged to $X in 2022. In general, imports recorded prominent growth. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, New Zealand (X tons) was the main importer of peel of citrus fruit or melons, creating X% of total imports. It was distantly followed by Australia (X tons), creating an X% share of total imports. Marshall Islands (X tons) took a little share of total imports.

New Zealand was also the fastest-growing in terms of the peel of citrus fruit or melons imports, with a CAGR of X% from 2012 to 2022. At the same time, Marshall Islands (X%) displayed positive paces of growth. By contrast, Australia (X%) illustrated a downward trend over the same period. While the share of New Zealand (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) constitutes the largest market for imported peel of citrus fruit or melons in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by Australia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in New Zealand amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Australia (X% per year) and Marshall Islands (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price posted a temperate increase. The pace of growth was the most pronounced in 2017 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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