Global Grapefruit Market. Analysis And Forecast to 2025
This report covers a detailed analysis of the global grapefruit market. Within it, you will find out the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast presents the market projections through 2025.
Countries coverage: Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries (United States, China, Japan, Germany, United Kingdom, France, Brazil, Italy, Russian Federation, India, Canada, Australia, Republic of Korea, Spain, Mexico, Indonesia, Netherlands, Turkey, Saudi Arabia, Switzerland, Sweden, Nigeria, Poland, Belgium, Argentina, Norway, Austria, Thailand, United Arab Emirates, Colombia, Denmark, South Africa, Malaysia, Israel, Singapore, Egypt, Philippines, Finland, Chile, Ireland, Pakistan, Greece, Portugal, Kazakhstan, Algeria, Czech Republic, Qatar, Peru, Romania, Vietnam) + the largest producing countries.
Grapefruit (Inc. Pomelos)
• Grapefruit market volume and value;
• Per Capita consumption;
• Forecast of the market dynamics in the medium term;
• Global grapefruit production, split by region and country;
• Global grapefruit trade (exports and imports);
• Producer, export and import prices for grapefruit;
• Grapefruit market trends, drivers and restraints;
• Key market players and their profiles.
Reasons to buy this report:
• Take advantage of the latest data;
• Find deeper insights into current market developments;
• Discover vital success factors affecting the market.
Global grapefruit (inc. pomelo) market revenue amounted to 6,603 million USD in 2015, rising by +6.0% against the previous year level. Overall, global grapefruit (inc. pomelo) market continues to indicate a noticeable growth: the market value increased at an average annual rate of +4.2% from 2007 to 2015. This trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2010, when the market revenue increased by +20% from the previous year level. Over the period under review, the global grapefruit (inc. pomelo) market revenue peaked in 2015, and is likely to continue its growth in the immediate term.
Over the analyzed period, an increase in global grapefruit (inc. pomelo) production was primarily driven by disposable income growth and population growth. Furthermore, these key drivers are expected to continue promoting the grapefruit (inc. pomelo) output in the immediate term. This general positive trend was largely conditioned by a robust expansion of the harvested area and solid gains of the yield figures.
The country with the largest volume of the grapefruit (inc. pomelo) output in absolute volumes was China (3,939 thousand tonnes), accounting for 45% of global production. Moreover, grapefruit (inc. pomelo) output in China exceeded the figures recorded by the world's second largest producer, Viet Nam (954 thousand tonnes), fourfold. The third position in this ranking was occupied by the United States with a share of 10%. From 2007 to 2015, an average annual growth rate of China's grapefruit (inc. pomelo) producton stood at +6.7%. The remaining producing countries recorded the following average annual growth rates: Viet Nam (+8.7% per year) and the United States (-7.0% per year).
The world grapefruit (inc. pomelo) harvested area amounted to 337 thousand ha in 2015, which was almost equal to the previous year figure. The harvested area indicated a noticeable increase over the period under review, representing a compound annual growth rate of +1.2% from 2007 to 2015. This trend pattern was relatively stable throughout the analyzed period. Over the period under review, the total grapefruit (inc. pomelo) harvested area peaked in 2013, falling back in the following year.
The global average grapefruit (inc. pomelo) yield amounted to 258 thousand hg/ha in 2015, fluctuating near the previous year level. The yield figures recorded an upward trend over the period under review, with a compound annual growth rate standing at +1.2% from 2007 to 2015. These yield figures maintained, all in all, a stable trend pattern throughout the analyzed period. The highest grapefruit (inc. pomelo) yields were recorded in 2015. Albeit an intensification of modern agricultural technics use, the future yield figures subject to a substantional risk of adverse weather conditions.
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