Citrus Fruit Preserves Market Overview in the USA
In value terms, citrus fruit preserves production fell to $ in 2019. The total output value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2008 with an increase of % y-o-y. Citrus fruit preserves production peaked at $ in 2014; however, from 2015 to 2019, production failed to regain the momentum.
The size of the citrus fruit preserves market in the U.S. fell to $ in 2019, dropping 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). The market value increased at an average annual rate of +% from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the market value increased by % year-to-year. Over the period under review, the market hit record highs at $ in 2014; however, from 2015 to 2019, consumption remained at a lower figure.