Peach And Nectarine Market Overview in Réunion
In value terms, peach and nectarine production shrank to $ in 2019 estimated in export prices. Overall, production continues to indicate a slight shrinkage. The growth pace was the most rapid in 2008 when the production volume increased by % year-to-year. As a result, production reached the peak level of $. From 2009 to 2019, production growth remained at a lower figure.
The average yield of peaches and nectarines in Réunion was estimated at tonnes per ha in 2019, approximately mirroring 2018 figures. Overall, the yield, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the yield increased by % year-to-year. The global yield peaked at tonnes per ha in 2007; however, from 2008 to 2019, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2019, approx. ha of peaches and nectarines were harvested in Réunion; approximately mirroring the year before. In general, the harvested area saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of % y-o-y. Over the period under review, the harvested area dedicated to peach and nectarine production attained the maximum at ha in 2008; however, from 2009 to 2019, the harvested area failed to regain the momentum.
The value of the peach and nectarine market in Réunion fell to $ in 2019, which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a mild descent. The most prominent rate of growth was recorded in 2008 with an increase of % against the previous year. As a result, consumption attained the peak level of $. From 2009 to 2019, the growth of the market remained at a lower figure.