ECOWAS: Market for Peel Of Citrus Fruit Or Melons 2024

Market Size for Peel Of Citrus Fruit Or Melons in ECOWAS

The ECOWAS market for peel of citrus fruit or melons stood at $X in 2022, approximately equating the previous year. Over the period under review, consumption showed a strong expansion. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Peel Of Citrus Fruit Or Melons in ECOWAS

In value terms, citrus fruit or melons peel production reached $X in 2022 estimated in export price. Over the period under review, production enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Peel Of Citrus Fruit Or Melons

Exports in ECOWAS

For the third year in a row, ECOWAS recorded growth in shipments abroad of peel of citrus fruit or melons, which increased by X% to X tons in 2022. In general, exports saw a remarkable increase. The growth pace was the most rapid in 2013 with an increase of X%. The volume of export peaked in 2022 and is likely to continue growth in the near future.

In value terms, citrus fruit or melons peel exports reached $X in 2022. Overall, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

Ghana represented the major exporter of peel of citrus fruit or melons in ECOWAS, with the volume of exports reaching X tons, which was near X% of total exports in 2022. Nigeria (X tons) took the second position in the ranking, followed by Senegal (X tons). All these countries together held near X% share of total exports. Burkina Faso (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to citrus fruit or melons peel exports from Ghana stood at X%. At the same time, Nigeria (X%), Burkina Faso (X%) and Senegal (X%) displayed positive paces of growth. Moreover, Nigeria emerged as the fastest-growing exporter exported in ECOWAS, with a CAGR of X% from 2012-2022. Ghana (X p.p.) and Nigeria (X p.p.) significantly strengthened its position in terms of the total exports, while Senegal saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ghana ($X) remains the largest citrus fruit or melons peel supplier in ECOWAS, comprising X% of total exports. The second position in the ranking was held by Senegal ($X), with an X% share of total exports. It was followed by Nigeria, with a X% share.

In Ghana, citrus fruit or melons peel exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Senegal (X% per year) and Nigeria (X% per year).

Export Prices by Country

In 2022, the export price in ECOWAS amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Ghana ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Senegal (X%), while the other leaders experienced a decline in the export price figures.

Imports of Peel Of Citrus Fruit Or Melons

Imports in ECOWAS

In 2022, purchases abroad of peel of citrus fruit or melons decreased by X% to X tons, falling for the second year in a row after three years of growth. Over the period under review, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2015 when imports increased by X%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, citrus fruit or melons peel imports soared to $X in 2022. In general, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Liberia represented the key importer of peel of citrus fruit or melons in ECOWAS, with the volume of imports reaching X tons, which was near X% of total imports in 2022. It was distantly followed by Nigeria (X tons) and Cabo Verde (X tons), together committing a X% share of total imports. Burkina Faso (X kg) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Liberia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Liberia ($X), Cabo Verde ($X) and Nigeria ($X) constituted the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Liberia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ECOWAS amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Cabo Verde ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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