United Kingdom - Canned Food - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanned Food Price in the UK - 2023
Contents:
- Canned Food Price in the UK (CIF) - 2023
- Canned Food Price in the UK (FOB) - 2023
- Canned Food Imports in the UK
- Canned Food Exports in the UK
Canned Food Price in the UK (CIF) - 2023
The average canned food import price stood at $3,363 per ton in August 2023, rising by 2.2% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 9.4% against the previous month. As a result, import price attained the peak level of $3,443 per ton; afterwards, it flattened through to August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Ireland ($7,800 per ton), while the price for Italy ($1,554 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 Italy (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Canned Food Price in the UK (FOB) - 2023
In August 2023, the average canned food export price amounted to $4,942 per ton, shrinking by -1.8% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.3%. The pace of growth appeared the most rapid in May 2023 an increase of 24% against the previous month. Over the period under review, the average export prices attained the maximum at $5,033 per ton in July 2023, and then shrank slightly in the following month.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was the United States ($16,322 per ton), while the average price for exports to the Czech Republic ($1,574 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 United States (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.
Canned Food Imports in the UK
In 2022, canned food imports into the UK expanded markedly to 1.6M tons, rising by 14% compared with the previous year's figure. In general, imports, however, continue to indicate a relatively flat trend pattern.
In value terms, canned food imports soared to $4.7B in 2022. The total import value increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Canned Food in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 653 | 606 | 548 | 748 | 4.6% |
| Ireland | 709 | 602 | 458 | 663 | -2.2% |
| Italy | 443 | 507 | 447 | 544 | 7.1% |
| Poland | 312 | 390 | 444 | 535 | 19.7% |
| Netherlands | 320 | 320 | 267 | 323 | 0.3% |
| Germany | 321 | 362 | 193 | 298 | -2.4% |
| France | 261 | 267 | 240 | 258 | -0.4% |
| Brazil | 202 | 207 | 207 | 236 | 5.3% |
| Spain | 163 | 200 | 138 | 206 | 8.1% |
| China | 58.5 | 58.5 | 65.7 | 123 | 28.1% |
| Belgium | 126 | 143 | 157 | 105 | -5.9% |
| Greece | 46.7 | 47.9 | 50.7 | 95.8 | 27.1% |
| Turkey | 43.2 | 42.1 | 47.6 | 58.1 | 10.4% |
| Others | 380 | 421 | 395 | 486 | 8.5% |
| Total | 4,039 | 4,173 | 3,657 | 4,678 | 5.0% |
Top Suppliers of Canned Food to the UK in 2022:
- Italy (448.0K tons)
- Thailand (170.3K tons)
- Poland (134.5K tons)
- Netherlands (100.5K tons)
- Spain (99.4K tons)
- Ireland (97.0K tons)
- France (73.1K tons)
- Germany (65.6K tons)
- Greece (60.0K tons)
- Brazil (55.8K tons)
- Belgium (47.6K tons)
- Turkey (42.3K tons)
- China (37.5K tons)
Canned Food Exports in the UK
In 2022, overseas shipments of canned food were finally on the rise to reach 167K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt curtailment.
In value terms, canned food exports declined modestly to $595M in 2022. In general, exports, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 0.6%. As a result, the exports reached the peak of $793M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Canned Food in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 310 | 335 | 243 | 166 | -18.8% |
| Nigeria | 49.6 | 52.7 | 56.8 | 41.0 | -6.2% |
| France | 59.6 | 40.6 | 33.1 | 39.1 | -13.1% |
| Netherlands | 42.6 | 37.2 | 34.5 | 37.9 | -3.8% |
| United Arab Emirates | 12.4 | 15.1 | 13.9 | 17.0 | 11.1% |
| United States | 11.4 | 15.6 | 16.8 | 16.6 | 13.3% |
| Germany | 27.0 | 31.6 | 11.4 | 13.8 | -20.0% |
| Ghana | 5.0 | 10.3 | 9.8 | 12.0 | 33.9% |
| Hong Kong SAR | 15.0 | 15.8 | 12.3 | 10.7 | -10.6% |
| Poland | 7.1 | 6.5 | 2.2 | 5.7 | -7.1% |
| Spain | 17.3 | 15.7 | 4.7 | 4.0 | -38.6% |
| Turkey | 1.3 | 0.9 | 1.8 | 3.9 | 44.2% |
| Russia | 8.7 | 7.6 | 8.8 | 1.7 | -42.0% |
| Others | 221 | 208 | 150 | 226 | 0.7% |
| Total | 788 | 793 | 599 | 595 | -8.9% |
Top Export Markets for Canned Food from the UK in 2022:
- Ireland (51.3K tons)
- Netherlands (18.1K tons)
- Nigeria (12.3K tons)
- France (7.4K tons)
- United States (4.6K tons)
- United Arab Emirates (4.3K tons)
- Ghana (3.7K tons)
- Germany (3.5K tons)
- Poland (3.4K tons)
- Hong Kong SAR (3.2K tons)
- Turkey (3.1K tons)
- Spain (1.6K tons)
- Russia (0.8K tons)
This report provides an in-depth analysis of the canned food market in the UK. 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 10861060 - Homogenised composite food preparations for infant food or dietetic purposes p.r.s. in containers . .250 g
- Prodcom 10861030 - Homogenised vegetables (excluding frozen, preserved by vinegar or acetic acid)
- Prodcom 10861050 - Homogenised preparations of jams, fruit jellies, marmalades, f ruit or nut puree and fruit or nut pastes
- Prodcom 10861060 - Homogenised composite food preparations for infant food or dietetic purposes p.r.s. in containers . .250 g
- Prodcom 10861070 - Food preparations for infants, p.r.s. (excluding homogenised composite food preparations)
- Prodcom 10891100 - Soups and broths and preparations therefor
- Prodcom 10861010 - Homogenised preparations of meat, meat offal or blood (excluding sausages and similar products of meat, food preparations based on these products)
- Prodcom 10131505 - Prepared or preserved goose or duck liver (excluding sausages and prepared meals and dishes)
- Prodcom 10131515 - Prepared or preserved liver of other animals (excluding sausages and prepared meals and dishes)
- Prodcom 10131525 - Prepared or preserved meat or offal of turkeys (excluding sausages, preparations of liver and prepared meals and dishes)
- Prodcom 10131535 - Other prepared or preserved poultry meat (excluding sausages, preparations of liver and prepared meals and dishes)
- Prodcom 10131545 - Prepared or preserved meat of swine: hams and cuts thereof (excluding prepared meals and dishes)
- Prodcom 10131555 - Prepared or preserved meat of swine: shoulders and cuts thereof, of swine (excluding prepared meals and dishes)
- Prodcom 10131565 - Prepared or preserved meat, offal and mixtures of domestic swine, including mixtures, containing < .40 % meat or offal of any kind and fats of any kind (excluding sausages and similar products, homogenised preparations, preparations of liver and prepared meals and dishes)
- Prodcom 10131575 - Other prepared or preserved meat, offal and mixtures of
- Prodcom 10131585 - Prepared or preserved meat or offal of bovine animals (excluding sausages and similar products, homogenised preparations, preparations of liver and prepared meals and dishes)
- Prodcom 10131595 - Other prepared or preserved meat or offal, including blood
- Prodcom 10391710 - Preserved tomatoes, whole or in pieces (excluding prepared vegetable dishes and tomatoes preserved by vinegar or acetic acid)
- Prodcom 10851300 - Prepared meals and dishes based on vegetables
- Prodcom 10391800 - Vegetables (excluding potatoes), fruit, nuts and other edible parts of plants, prepared or preserved by vinegar or acetic acid
- Prodcom 100000Z3 - Vegetables (except potatoes), preserved otherwise than by vinegar or acetic acid, including prepared vegetable dishes
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
-
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
-
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
-
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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