Updated Nov 6, 2022 23:20

Market for Citrus Fruit Or Melons Peel in Germany

Market Overview
In , the German market for peel of citrus fruit or melons decreased by -% to $ for the first time since 2018, thus ending a two-year rising trend. The market value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $, and then fell in the following year.

In value terms, citrus fruit or melons peel production shrank to $ in estimated in export price. The total output value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in when the production volume increased by %. As a result, production reached the peak level of $, and then reduced in the following year.


Consumption
Citrus fruit or melons peel consumption in Germany was estimated at tons in , approximately equating the previous year's figure. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak volume of tons. From to , the growth of the consumption remained at a lower figure.

The size of the market for peel of citrus fruit or melons in Germany was estimated at $ in , stabilizing at 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). The market value increased at an average annual rate of +% from 2007 to ; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $. From to , the growth of the market remained at a somewhat lower figure.


Market Forecast
Driven by increasing demand for citrus fruit or melons peel in Germany, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .

In value terms, the market is forecast to increase 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
Over the period under review, the share of imports in terms of total citrus fruit or melons peel consumption in Germany was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the Germany citrus fruit or melons peel market is largely supplied by domestic manufacturers. 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
Germany 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 $.