Market Size for Citrus Fruits Not Elsewhere Classified in Italy - 2022
Citrus Fruits Not Elsewhere Classified Consumption in Italy - 2022
In 2022, after two years of decline, there was growth in consumption of citrus fruits not elsewhere classified, when its volume increased by 0.1% to 29K tons. The total consumption volume increased at an average annual rate of +5.6% from 2017 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, consumption hit record highs at 32K tons in 2019; however, from 2020 to 2022, consumption failed to regain momentum.
The size of the market for citrus fruits not elsewhere classified in Italy contracted significantly to $69M in 2022, falling by -16.8% 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). In general, the total consumption indicated strong growth from 2017 to 2022: its value increased at an average annual rate of +6.4% 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 +19.6% against 2020 indices. As a result, consumption attained the peak level of $84M, and then shrank markedly in the following year.
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