Market Size for Citrus Fruits Not Elsewhere Classified in China - 2022

Citrus Fruits Not Elsewhere Classified Consumption in China - 2022

Citrus fruits not elsewhere classified consumption in China totaled 6M tons in 2022, growing by 1.6% compared with the previous year. The total consumption volume increased at an average annual rate of +2.3% from 2017 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the consumption volume increased by 8.4% against the previous year. Citrus fruits not elsewhere classified consumption peaked in 2022 and is expected to retain growth in the immediate term.

The revenue of the market for citrus fruits not elsewhere classified in China reduced to $16.7B in 2022, waning by -8.7% 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, the total consumption indicated buoyant growth from 2017 to 2022: its value increased at an average annual rate of +11.4% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +71.6% against 2017 indices. Over the period under review, the market reached the peak level at $18.3B in 2021, and then contracted in the following year.

Source: IndexBox Market Intelligence Platform

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