U.S. - Canned Vegetables - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanned Vegetable Price in the United States - 2023
Contents:
- Canned Vegetable Price in the United States (CIF) - 2023
- Canned Vegetable Price in the United States (FOB) - 2023
- Canned Vegetable Imports in the United States
- Canned Vegetable Exports in the United States
Canned Vegetable Price in the United States (CIF) - 2023
The average canned vegetable import price stood at $2,399 per ton in September 2023, shrinking by -2.9% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average import price increased by 6.1% month-to-month. The import price peaked at $2,521 per ton in June 2023; however, from July 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Greece ($4,455 per ton), while the price for China ($1,094 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Egypt (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Canned Vegetable Price in the United States (FOB) - 2023
In September 2023, the average canned vegetable export price amounted to $1,967 per ton, surging by 1.6% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 when the average export price increased by 6.2% m-o-m. The export price peaked at $2,041 per ton in October 2022; afterwards, it flattened through to September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the Philippines ($4,212 per ton), while the average price for exports to Costa Rica ($1,159 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Canned Vegetable Imports in the United States
In 2022, imports of canned vegetables into the United States rose slightly to 828K tons, with an increase of 4.6% compared with 2021. The total import volume increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 15%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, canned vegetable imports rose sharply to $1.8B in 2022. The total import value increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Canned Vegetable in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 140 | 160 | 221 | 240 | 19.7% |
| Greece | 179 | 162 | 179 | 230 | 8.7% |
| Peru | 161 | 152 | 172 | 216 | 10.3% |
| Canada | 162 | 177 | 192 | 214 | 9.7% |
| Spain | 220 | 183 | 186 | 213 | -1.1% |
| China | 118 | 175 | 169 | 197 | 18.6% |
| Italy | 70.2 | 71.2 | 90.5 | 99.6 | 12.4% |
| India | 41.0 | 47.7 | 50.9 | 47.3 | 4.9% |
| Thailand | 39.7 | 44.2 | 44.0 | 44.6 | 4.0% |
| Morocco | 57.6 | 35.0 | 45.8 | 44.4 | -8.3% |
| Guatemala | 17.9 | 23.6 | 26.8 | 32.2 | 21.6% |
| Turkey | 28.5 | 21.8 | 27.3 | 28.2 | -0.4% |
| Egypt | 14.3 | 14.9 | 32.2 | 22.2 | 15.8% |
| Others | 170 | 176 | 202 | 218 | 8.6% |
| Total | 1,419 | 1,445 | 1,639 | 1,846 | 9.2% |
Top Suppliers of Canned Vegetable to the United States in 2022:
- China (174.7K tons)
- Peru (100.0K tons)
- Mexico (86.9K tons)
- Canada (81.5K tons)
- Spain (79.2K tons)
- Greece (51.5K tons)
- Italy (45.0K tons)
- Thailand (29.8K tons)
- India (23.7K tons)
- Morocco (18.2K tons)
- Guatemala (15.4K tons)
- Egypt (13.8K tons)
- Turkey (13.5K tons)
Canned Vegetable Exports in the United States
In 2022, shipments abroad of canned vegetables was finally on the rise to reach 345K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a noticeable curtailment.
In value terms, canned vegetable exports amounted to $640M in 2022. The total export value increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Canned Vegetable in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 277 | 266 | 271 | 302 | 2.9% |
| Mexico | 53.9 | 54.1 | 56.4 | 59.9 | 3.6% |
| Japan | 51.9 | 43.6 | 46.4 | 44.2 | -5.2% |
| South Korea | 15.8 | 16.0 | 19.9 | 21.6 | 11.0% |
| Dominican Republic | 9.5 | 8.6 | 12.9 | 13.3 | 11.9% |
| Saudi Arabia | 12.6 | 14.8 | 8.9 | 12.9 | 0.8% |
| Panama | 12.0 | 9.4 | 11.1 | 11.7 | -0.8% |
| Norway | 6.8 | 7.1 | 8.0 | 9.2 | 10.6% |
| Costa Rica | 9.3 | 8.2 | 10.7 | 9.1 | -0.7% |
| Others | 154 | 151 | 149 | 157 | 0.6% |
| Total | 603 | 579 | 594 | 640 | 2.0% |
Top Export Markets for Canned Vegetable from the United States in 2022:
- Canada (172.0K tons)
- Mexico (33.7K tons)
- Japan (29.9K tons)
- South Korea (12.0K tons)
- Dominican Republic (10.3K tons)
- Panama (8.2K tons)
- Norway (6.5K tons)
- Costa Rica (6.3K tons)
- Saudi Arabia (5.3K tons)
This report provides an in-depth analysis of the canned vegetable 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 472 - Vegetables, Preserved nes (O/T vinegar)
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
- 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 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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In December 2022, the canned vegetable price stood at $2,140 per ton (CIF, US), dropping by -5.3% against the previous month.
430
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