GCC: Market for Peel Of Citrus Fruit Or Melons 2024

Market Size for Peel Of Citrus Fruit Or Melons in GCC

The GCC market for peel of citrus fruit or melons expanded modestly to $X in 2022, increasing by X% against the previous year. The total consumption indicated a strong expansion from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Peel Of Citrus Fruit Or Melons in GCC

In value terms, citrus fruit or melons peel production totaled $X in 2022 estimated in export price. The total production indicated a strong increase from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The level of production peaked 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 GCC

In 2022, shipments abroad of peel of citrus fruit or melons decreased by X% to X kg, falling for the second year in a row after two years of growth. In general, exports faced a precipitous contraction. The pace of growth appeared the most rapid in 2019 when exports increased by X%. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, citrus fruit or melons peel exports shrank rapidly to $X in 2022. Over the period under review, exports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, the United Arab Emirates (X kg), distantly followed by Saudi Arabia (X kg) represented the main exporters of peel of citrus fruit or melons, together achieving X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of X%).

In value terms, the United Arab Emirates ($X) and Saudi Arabia ($X) constituted the countries with the highest levels of exports in 2022.

In terms of the main exporting countries, Saudi Arabia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in GCC amounted to $X per ton, rising by X% against the previous year. In general, the export price posted a buoyant expansion. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia stood at $X per ton.

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

Imports of Peel Of Citrus Fruit Or Melons

Imports in GCC

In 2022, supplies from abroad of peel of citrus fruit or melons decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, imports saw a deep downturn. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, citrus fruit or melons peel imports dropped dramatically to $X in 2022. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates represented the main importing country with an import of about X tons, which accounted for X% of total imports. Qatar (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Oman (X%) and Kuwait (X%).

Imports into the United Arab Emirates decreased at an average annual rate of X% from 2012 to 2022. At the same time, Qatar (X%) and Kuwait (X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. By contrast, Oman (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Qatar, the United Arab Emirates and Kuwait increased by X, X and X percentage points, respectively.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported peel of citrus fruit or melons in GCC, comprising X% of total imports. The second position in the ranking was taken by Qatar ($X), with a X% share of total imports. It was followed by Oman, with an X% share.

In the United Arab Emirates, citrus fruit or melons peel imports plunged by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Qatar (X% per year) and Oman (X% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price, however, recorded moderate growth. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then plummeted in the following year.

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

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

Source: IndexBox Platform

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