
U.S. Canned Fruit And Vegetable Market. Analysis And Forecast to 2025
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Canned Fruit And Vegetable Market Overview in the USA - Key Insights
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IndexBox has just published a new report, the U.S. Canned Fruit And Vegetable Market. Analysis And Forecast to 2025. Here is a summary of the report's key findings.
The revenue of the canned fruit and vegetable market in the U.S. amounted to $X in 2018, picking up by X% 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). The market value increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2015, with an increase of X% year-to-year. In that year, the canned fruit and vegetable market attained its peak level of $X. From 2016 to 2018, the growth of the canned fruit and vegetable market remained at a lower figure.
Production of Canned Fruit And Vegetables in the USA
In value terms, canned fruit and vegetable production amounted to $X in 2018. The total output value increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2015, with an increase of X% year-to-year. In that year, canned fruit and vegetable production reached its peak level of $X. From 2016 to 2018, canned fruit and vegetable production growth remained at a somewhat lower figure.
Exports of Canned Fruit And Vegetables
Exports from the USA
In 2018, the amount of canned fruit and vegetables exported from the U.S. stood at X tonnes, going down by -X% against the previous year. In general, canned fruit and vegetable exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, with an increase of X% y-o-y. Over the period under review, canned fruit and vegetable exports reached their maximum at X tonnes in 2017, and then declined slightly in the following year.
In value terms, canned fruit and vegetable exports amounted to $X (IndexBox estimates) in 2018. In general, canned fruit and vegetable exports continue to indicate a mild downturn. Over the period under review, canned fruit and vegetable exports reached their maximum at $X in 2013; however, from 2014 to 2018, exports failed to regain their momentum.
Exports by Country
Japan (X tonnes) was the main destination for canned fruit and vegetable exports from the U.S., with a X% share of total exports. Moreover, canned fruit and vegetable exports to Japan exceeded the volume sent to the second major destination, South Korea (X tonnes), twofold. Norway (X tonnes) ranked third in terms of total exports with a X% share.
From 2013 to 2018, the average annual rate of growth in terms of volume to Japan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (-X% per year) and Norway (-X% per year).
In value terms, Japan ($X) remains the key foreign market for canned fruit and vegetable exports from the U.S., comprising X% of total canned fruit and vegetable exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total exports. It was followed by Panama, with a X% share.
From 2013 to 2018, the average annual growth rate of value to Japan totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (-X% per year) and Panama (+X% per year).
Export Prices by Country
The average canned fruit and vegetable export price stood at $X per kg in 2018, jumping by X% against the previous year. Overall, the canned fruit and vegetable export price continues to indicate a mild contraction. The pace of growth was the most pronounced in 2018, when the average export price increased by X% against the previous year. Export price peaked at $X per kg in 2013; however, from 2014 to 2018, export prices remained at a lower figure.
Export prices varied noticeably by the country of origin; the country with the highest export price was Malaysia ($X per kg), while the average price for exports to the Dominican Republic ($X per tonne) was amongst the lowest.
From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to Australia (+X% per year), while the export prices for the other major destinations experienced mixed trend patterns.
Imports of Canned Fruit And Vegetables
Imports into the USA
In 2018, the amount of canned fruit and vegetables imported into the U.S. totaled X tonnes, rising by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2015, when the imports increased by X% against the previous year. Imports peaked in 2018, and are likely to continue its growth in the immediate term.
In value terms, canned fruit and vegetable imports stood at $X (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Imports peaked in 2018, and are expected to retain its growth in the near future.
Imports by Country
Spain (X tonnes), Greece (X tonnes) and India (X tonnes) were the main suppliers of canned fruit and vegetable imports to the U.S., with a combined X% share of total imports. These countries were followed by China, Peru, the Netherlands, Italy, Turkey, Morocco, Egypt, Thailand and France, which together accounted for a further X%.
From 2013 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Egypt (+X% per year), while the other leaders experienced more modest paces of growth.
In value terms, the largest canned fruit and vegetable suppliers to the U.S. were Spain ($X), Greece ($X) and Peru ($X), together comprising X% of total imports. Italy, the Netherlands, China, India, Turkey, Morocco, France, Thailand and Egypt lagged somewhat behind, together accounting for a further X%.
Egypt (+X% per year) recorded the highest growth rate of imports, among the main suppliers over the last five year period, while the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2018, the average canned fruit and vegetable import price amounted to $X per kg, approximately reflecting the previous year. Overall, the canned fruit and vegetable import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, when it surged by X% against the previous year. In that year, the average import prices for canned fruit and vegetables reached their peak level of $X per kg. From 2015 to 2018, the growth in terms of the average import prices for canned fruit and vegetables failed to regain its momentum.
Import prices varied noticeably by the country of origin; the country with the highest import price was Greece ($X per kg), while the price for India ($X per tonne) was amongst the lowest.
From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by Greece (+X% per year), while the import prices for the other major suppliers experienced mixed trend patterns.
Companies Mentioned in the Report
The Schwan Food Company, Heinz Kraft Foods Company, Ocean Spray Cranberries, Seneca Foods Corporation, Ruiz Food Products, Welch Foods Inc., Pinnacle Foods Group, Pinnacle Foods Finance, Red Gold, Amy's Kitchen, The Stouffer Corporation, Lakeside Foods, Tree Top, Pinnacle Foods, Tropicana Products, Pacific Coast Producers, Knouse Foods Cooperative, Nestle Prepared Foods, Landec Corporation, Hanover Foods Corporation, Cliffstar, Bellisio Foods, Del Monte Foods, National Grape Co-Operative Association, H J M P Corp, TSC Holdings, Peak Finance Holdings, Spf Holdings II.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the market for canned fruit and vegetable 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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