U.S. - Apple - Market Analysis, Forecast, Size, Trends and Insights
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View PricingApple Price in the United States - 2023
Contents:
- Apple Price in the United States (FOB) - 2023
- Apple Price in the United States (CIF) - 2023
- Apple Exports in the United States
- Apple Imports in the United States
Apple Price in the United States (FOB) - 2023
The average apple export price stood at $1,273 per ton in August 2023, standing approximately at the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 15% month-to-month. As a result, the export price reached the peak level of $1,382 per ton. From December 2022 to August 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($1,738 per ton), while the average price for exports to Honduras ($1,136 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 Vietnam (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Apple Price in the United States (CIF) - 2023
The average apple import price stood at $1,931 per ton in August 2023, approximately reflecting the previous month. In general, import price indicated a modest expansion from August 2022 to August 2023: its price increased at an average monthly rate of +1.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, apple import price increased by +3.7% against June 2023 indices. The pace of growth was the most pronounced in December 2022 an increase of 103% month-to-month. Over the period under review, average import prices reached the peak figure at $2,177 per ton in February 2023; however, from March 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 New Zealand ($2,338 per ton), while the price for Canada ($744 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 China (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Apple Exports in the United States
For the third year in a row, the United States recorded decline in overseas shipments of apples, which decreased by -7% to 697K tons in 2022. Overall, exports saw a abrupt slump. The smallest decline of -3.1% was in 2020.
In value terms, apple exports declined to $884M in 2022. Over the period under review, exports recorded a perceptible descent. The growth pace was the most rapid in 2021 with an increase of 6.9%.
Export of Apple in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 265 | 241 | 348 | 315 | 5.9% |
Canada | 168 | 162 | 173 | 211 | 7.9% |
Vietnam | 70.1 | 63.1 | 50.7 | 68.4 | -0.8% |
Taiwan (Chinese) | 102 | 53.8 | 73.6 | 65.7 | -13.6% |
Dominican Republic | 23.9 | 21.9 | 25.5 | 30.4 | 8.3% |
Indonesia | 37.0 | 30.1 | 27.2 | 24.2 | -13.2% |
Hong Kong SAR | 29.9 | 22.8 | 24.2 | 22.1 | -9.6% |
Israel | 13.5 | 20.8 | 14.6 | 20.1 | 14.2% |
Thailand | 26.3 | 19.0 | 13.1 | 13.5 | -19.9% |
India | 57.5 | 37.5 | 22.5 | 4.8 | -56.3% |
Others | 169 | 183 | 141 | 110 | -13.3% |
Total | 962 | 854 | 913 | 884 | -2.8% |
Top Export Markets for Apple from the United States in 2022:
- Mexico (260.6K tons)
- Canada (178.4K tons)
- Vietnam (46.2K tons)
- Taiwan (Chinese) (44.9K tons)
- Dominican Republic (21.1K tons)
- Indonesia (18.4K tons)
- Hong Kong SAR (17.4K tons)
- Israel (15.1K tons)
- Thailand (10.4K tons)
- India (3.9K tons)
Apple Imports in the United States
In 2022, approx. 101K tons of apples were imported into the United States; falling by -12.8% against the year before. In general, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 7.2%.
In value terms, apple imports reached $176M in 2022. Overall, imports showed a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 8.3%.
Import of Apple in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 128 | 72.1 | 81.2 | 85.2 | -12.7% |
New Zealand | 69.4 | 55.9 | 50.7 | 60.5 | -4.5% |
Canada | 22.3 | 21.2 | 29.4 | 25.0 | 3.9% |
Argentina | 17.2 | 5.8 | 6.1 | 3.0 | -44.1% |
China | 1.4 | 2.4 | 3.1 | 1.7 | 6.7% |
Others | 0.7 | 0.4 | 0.6 | 0.2 | -34.1% |
Total | 239 | 158 | 171 | 176 | -9.7% |
Top Suppliers of Apple to the United States in 2022:
- Chile (52.0K tons)
- New Zealand (23.8K tons)
- Canada (19.9K tons)
- Argentina (3.3K tons)
- China (1.7K tons)
This report provides an in-depth analysis of the apple 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:
- FCL 515 - Apples
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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 apple price per ton amounted to $1,178 per ton, standing approx.
The U.S. apple market expanded notably to $4.7B in 2021, surging by 11% against the previous year.
In Apr 2022, the average apple export price amounted to $1,233 per ton, reducing by -4.9% against the previous month.
In August 2022, the fruit price per ton amounted to $958.2, reducing by -7.3% against the previous month.
The value of imports for Fruit and Berry decreased to $990M in July 2023.
In July 2022, the pear price per ton amounted to $1,523, jumping by 26% against the previous month.
The global apple market is forecast to reach $115M by 2030, growing at a CAGR of 3.5% during the period 2022-2030.
The global apple market was finally on the rise to reach $78.8B in 2019. Global consumption peaked in 2019 but its further growth might be hampered by the pandemic.
The global apple market revenue amounted to $85B in 2018, increasing by 24% against the previous year. This figure...
In 2016, the apple market grew to X tons, which was by X tons (or X%) more than the year before. Overall, there was an upward trend of apple consumption; the average annual growth rate was at +X% per year, over the last nine years. In whol