U.S. - Frozen Fruits - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fruit Price in the United States - 2023
Contents:
- Frozen Fruit Price in the United States (CIF) - 2023
- Frozen Fruit Price in the United States (FOB) - 2023
- Frozen Fruit Imports in the United States
- Frozen Fruit Exports in the United States
Frozen Fruit Price in the United States (CIF) - 2023
The average frozen fruit import price stood at $2,325 per ton in August 2023, with an increase of 7.2% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $2,581 per ton in December 2022; however, from January 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Chile ($3,184 per ton), while the price for Egypt ($1,369 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Frozen Fruit Price in the United States (FOB) - 2023
In August 2023, the average frozen fruit export price amounted to $2,401 per ton, increasing by 3.9% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 11% against the previous month. As a result, the export price reached the peak level of $3,418 per ton. From February 2023 to August 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($3,939 per ton), while the average price for exports to the Netherlands ($1,583 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.
Frozen Fruit Imports in the United States
In 2022, approx. 614K tons of frozen fruits were imported into the United States; approximately equating the year before. The total import volume increased at an average annual rate of +10.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 20%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, frozen fruit imports reached $1.5B in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Frozen Fruit in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Mexico | 231 | 286 | 359 | 24.7% | |
| Chile | 172 | 197 | 273 | 26.0% | |
| Canada | 199 | 229 | 237 | 9.1% | |
| Peru | 63.7 | 87.3 | 102 | 26.5% | |
| Costa Rica | 43.9 | 49.9 | 71.2 | 27.4% | |
| Serbia | 13.5 | 27.9 | 53.4 | 98.9% | |
| Guatemala | 20.4 | 26.1 | 48.4 | 54.0% | |
| Vietnam | 17.3 | 21.3 | 30.9 | 33.6% | |
| Argentina | 16.1 | 17.6 | 23.6 | 21.1% | |
| Turkey | 15.1 | 24.4 | 22.1 | 21.0% | |
| Philippines | 13.9 | 14.2 | 15.0 | 3.9% | |
| Ecuador | 13.4 | 14.8 | 14.9 | 5.4% | |
| Egypt | 3.7 | 4.5 | 14.0 | 94.5% | |
| Others | 71.6 | 73.1 | 94.7 | 15.0% | |
| Total | 895 | 1,073 | 1,359 | 23.2% | |
Top Suppliers of Frozen Fruit to the United States in 2022:
- Mexico (174.6K tons)
- Canada (98.9K tons)
- Chile (92.6K tons)
- Peru (49.1K tons)
- Costa Rica (43.3K tons)
- Guatemala (23.2K tons)
- Vietnam (16.6K tons)
- Serbia (13.4K tons)
- Turkey (11.8K tons)
- Ecuador (11.4K tons)
- Philippines (11.0K tons)
- Argentina (10.6K tons)
- Egypt (10.1K tons)
Frozen Fruit Exports in the United States
Frozen fruit exports from the United States contracted markedly to 93K tons in 2022, declining by -15% on 2021 figures. Overall, exports saw a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 8.2%. As a result, the exports reached the peak of 110K tons, and then reduced sharply in the following year.
In value terms, frozen fruit exports rose slightly to $283M in 2022. The total export value increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Frozen Fruit in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Canada | 134 | 130 | 141 | 2.6% | |
| South Korea | 20.4 | 23.0 | 37.8 | 36.1% | |
| Japan | 22.4 | 24.5 | 28.0 | 11.8% | |
| Mexico | 14.9 | 14.4 | 14.0 | -3.1% | |
| Netherlands | 12.7 | 17.7 | 12.9 | 0.8% | |
| Poland | 1.2 | 0.4 | 6.9 | 139.8% | |
| Australia | 6.5 | 7.4 | 6.1 | -3.1% | |
| United Kingdom | 3.3 | 3.7 | 3.0 | -4.7% | |
| Others | 31.0 | 22.7 | 28.3 | -4.5% | |
| Total | 247 | 244 | 278 | 6.1% | |
Top Export Markets for Frozen Fruit from the United States in 2022:
- Canada (58.0K tons)
- South Korea (13.0K tons)
- Japan (8.9K tons)
- Netherlands (6.3K tons)
- Mexico (5.1K tons)
- Poland (5.1K tons)
- Australia (2.0K tons)
- United Kingdom (1.7K tons)
This report provides an in-depth analysis of the frozen fruit market in the U.S.. Within it, you will discover 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 exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10392100 - Frozen fruit and nuts uncooked or cooked by steaming or boiling in water
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- 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
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In June 2022, the frozen fruit price per tonamounted to $2,487 per ton, approximately equating the previous month.
762
In August 2022, the wheat starch price per ton stood at $927.8 (CIF, US), which is down by -2% against the previous month.
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In Apr 2022, the US wheat starch import price amounted to $744 per ton, rising by 33% against the previous month. Over the last fifteen - month period, it increased at an average monthly rate of +37.0%.
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The value of Egg Product exports surged to $14M in May 2023.
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Global frozen fruit trade expanded to $7.1B in 2021.
736
Global frozen fruit imports continue to grow in physical terms, expanding twofold over the past decade. In 2020, global imports rose by +3% y-o-y to 2.7M tons. In value terms, imports reached $5.8B last year. The U.S. and Germany remain the largest importers of frozen fruits worldwide, with a combined 34%-share of the global figure. The U.S. featured the highest growth rate of imports in physical terms in 2020. The average global frozen fruit import price amounted to $2,121 per ton in 2020, increasing by +8.2% y-o-y.
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In value terms, twine, cordage and rope imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeab...
