Updated Nov 6, 2022 23:19

Market for Citrus Fruit Or Melons Peel in France

Market Overview
The French market for peel of citrus fruit or melons stood at $ in , with an increase of % 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). Over the period under review, the total consumption indicated a noticeable increase from 2007 to : its value increased at an average annual rate of +% over the last fourteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2018 indices. Citrus fruit or melons peel consumption peaked in and is expected to retain growth in the immediate term.

In value terms, citrus fruit or melons peel production expanded modestly to $ in estimated in export price. Overall, the total production indicated a noticeable increase from 2007 to : its value increased at an average annual rate of +% over the last fourteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by % against the previous year. As a result, production reached the peak level of $. From to , production growth failed to regain momentum.


Consumption
In , after four years of growth, there was decline in consumption of peel of citrus fruit or melons, when its volume decreased by -% to tons. Overall, the total consumption indicated a notable expansion from 2007 to : its volume increased at an average annual rate of +% over the last fifteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2017 indices. Citrus fruit or melons peel consumption peaked at tons in , and then reduced slightly in the following year.

The value of the market for peel of citrus fruit or melons in France amounted to $ in , therefore, remained relatively stable 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). Over the period under review, the total consumption indicated a tangible increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2018 indices. Over the period under review, the market hit record highs in and is likely to see gradual growth in the immediate term.


Market Forecast
The market for citrus fruit or melons peel is expected to start a downward consumption trend over the next eight years. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -% for the eight-year period from to , which is projected to depress the market volume to tons by the end of .

In value terms, the market is forecast to contract with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.


Trade Balance
France remains a net importer of citrus fruit or melons peel; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.