U.S.: Fruit Flour Market 2024

Fruit Flour Market Size in the U.S.

In 2022, the U.S. fruit flour market decreased by -16.3% to $X, falling for the second consecutive year after four years of growth. In general, consumption, however, showed a notable increase. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Fruit Flour Production in the U.S.

In value terms, fruit flour production rose slightly to $X in 2022. Overall, the total production indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.6% against 2020 indices. The growth pace was the most rapid in 2018 when the production volume increased by 20% against the previous year. Fruit flour production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Fruit Flour Exports

Exports from the U.S.

In 2022, shipments abroad of fruit flour increased by 0.7% to X tons, rising for the third year in a row after three years of decline. Overall, exports saw a measured increase. The pace of growth was the most pronounced in 2016 when exports increased by 41%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, fruit flour exports amounted to $X in 2022. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2013 with an increase of 82% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X tons) was the main destination for fruit flour exports from the United States, accounting for a 51% share of total exports. Moreover, fruit flour exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), sixfold. The third position in this ranking was taken by Germany (X tons), with a 5% share.

From 2012 to 2022, the average annual growth rate of volume to Canada amounted to +7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+3.3% per year) and Germany (+20.5% per year).

In value terms, Canada ($X) remains the key foreign market for fruit flour exports from the United States, comprising 51% of total exports. The second position in the ranking was taken by Mexico ($X), with a 7.6% share of total exports. It was followed by Germany, with a 7% share.

From 2012 to 2022, the average annual growth rate of value to Canada stood at +24.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+19.7% per year) and Germany (+38.6% per year).

Export Prices by Country

The average fruit flour export price stood at $X per ton in 2022, flattening at the previous year. Overall, the export price showed strong growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 186%. Over the period under review, the average export prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Bahamas ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.

Fruit Flour Imports

Imports into the U.S.

In 2022, approx. X tons of fruit flour were imported into the United States; which is down by -35.1% compared with the previous year's figure. Over the period under review, imports, however, recorded prominent growth. The growth pace was the most rapid in 2018 when imports increased by 64%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, fruit flour imports reduced dramatically to $X in 2022. In general, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of 47% against the previous year. Imports peaked at $X in 2021, and then shrank rapidly in the following year.

Imports by Country

The Philippines (X tons), Sri Lanka (X tons) and Tunisia (X tons) were the main suppliers of fruit flour imports to the United States, together comprising 34% of total imports. The United Arab Emirates, India, Vietnam, Peru, Canada, Ecuador, Ghana, Nigeria, Chile and Zambia lagged somewhat behind, together accounting for a further 46%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +155.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fruit flour suppliers to the United States were Canada ($X), Chile ($X) and Peru ($X), with a combined 35% share of total imports. The United Arab Emirates, Tunisia, India, Sri Lanka, Ecuador, the Philippines, Vietnam, Ghana, Nigeria and Zambia lagged somewhat behind, together accounting for a further 30%.

The United Arab Emirates, with a CAGR of +142.7%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average fruit flour import price amounted to $X per ton, increasing by 18% against the previous year. Overall, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fruit flour import price increased by +28.9% against 2017 indices. The growth pace was the most rapid in 2016 an increase of 39%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($X per ton), while the price for the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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