Dried And Dehydrated Food Market in the USA - Key Insights

IndexBox has just published a new report, the U.S. Dried And Dehydrated Food Market. Analysis And Forecast to 2025. Here is a summary of the report's key findings.

Exports of Dried And Dehydrated Food

Exports from the USA

In 2018, approx. 60K tonnes of dried and dehydrated food were exported from the U.S.; shrinking by -17% against the previous year. In general, dried and dehydrated food exports continue to indicate a sharp reduction.

In value terms, dried and dehydrated food exports amounted to $108M (IndexBox estimates) in 2018.

Exports by Country

Japan (27K tonnes) was the main destination for dried and dehydrated food exports from the U.S., with a 45% share of total exports. Moreover, dried and dehydrated food exports to Japan exceeded the volume sent to the second major destination, Australia (6K tonnes), fourfold. China (2.8K tonnes) ranked third in terms of total exports with a 4.7% share.

From 2013 to 2018, the average annual rate of growth in terms of volume to Japan amounted to +2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+2.7% per year) and China (+3.9% per year).

In value terms, Japan ($42M) remains the key foreign market for dried and dehydrated food exports from the U.S., comprising 39% of total dried and dehydrated food exports. The second position in the ranking was occupied by Australia ($9.4M), with a 8.7% share of total exports. It was followed by China, with a 5.4% share.

Export Prices by Country

In 2018, the average dried and dehydrated food export price amounted to $1.8 per kg, approximately reflecting the previous year. Overall, the dried and dehydrated food export price continues to indicate a skyrocketing growth.

There were significant differences in the average export prices for the major foreign markets. In 2018, the country with the highest export price was China, Hong Kong SAR ($3.1 per kg), while the average price for exports to Peru ($1.4 per kg) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to the UK (+49.1% per year), while the export prices for the other major destinations experienced more modest paces of growth.

Imports of Dried And Dehydrated Food

Imports into the USA

In 2018, imports of dried and dehydrated food into the U.S. amounted to 166K tonnes, picking up by 11% against the previous year. The total import volume increased at an average annual rate of +3.3% over the period from 2013 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016, when it surged by 27% y-o-y. In that year, dried and dehydrated food imports reached their peak of 176K tonnes. From 2017 to 2018, the growth of dried and dehydrated food imports remained at a somewhat lower figure.

In value terms, dried and dehydrated food imports amounted to $413M (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +3.7% over the period from 2013 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. In that year, dried and dehydrated food imports reached their peak , and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, China (42K tonnes) constituted the largest supplier of dried and dehydrated food to the U.S., with a 25% share of total imports. Moreover, dried and dehydrated food imports from China exceeded the figures recorded by the second largest supplier, Germany (19K tonnes), twofold. Chile (14K tonnes) ranked third in terms of total imports with a 8.5% share.

From 2013 to 2018, the average annual rate of growth in terms of volume from China totaled -2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.3% per year) and Chile (+5.9% per year).

In value terms, China ($139M) constituted the largest supplier of dried and dehydrated food to the U.S., comprising 34% of total dried and dehydrated food imports. The second position in the ranking was occupied by Germany ($36M), with a 8.7% share of total imports. It was followed by Chile, with a 8% share.

Import Prices by Country

The average dried and dehydrated food import price stood at $2.5 per kg in 2018, jumping by 7.7% against the previous year. In general, the dried and dehydrated food import price continues to indicate a relatively flat trend pattern.

Import prices varied noticeably by the country of origin; the country with the highest import price was China ($3.3 per kg), while the price for Belize ($159 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by Thailand (+4.4% per year), while the import prices for the other major suppliers experienced more modest paces of growth.

Companies Mentioned in the Report

Basic American, Idahoan Foods, Sunsweet Growers, Precision Foods, Associated Brands, Idaho Supreme Potatoes, Oregon Potato Company, Graceland Fruit, Idaho-Pacific Corporation, Setton's International Foods, Karlin Foods Corp., Winnemucca Farms, Lion Raisins, Shoreline Fruit, True Leaf Farms, International Foodsource, Sensient Dehydrated Flavors Company, Wilbur Packing Company, Food For Health International, Bran-Zan Holdings, R. J. Van Drunen & Sons, Ocean Spray International Services, Olam West Coast, Sunsweet Dryers, Idaho Pacific Holdings, Caro Nut Company

Source: IndexBox AI Platform