Clementines Price in the United States - 2023
Contents:
- Clementines Price in the United States (CIF) - 2022
- Clementines Price in the United States (FOB) - 2023
- Clementines Imports in the United States
- Clementines Exports in the United States
Clementines Price in the United States (CIF) - 2022
In 2022, the average clementines import price amounted to $1,489 per ton, picking up by 4.8% against the previous year. Over the period under review, the import price, however, showed a pronounced decline. The import price peaked at $1,693 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($2,731 per ton), while the price for Chile ($1,322 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+20.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Clementines Price in the United States (FOB) - 2023
In August 2023, the average clementines export price amounted to $2,324 per ton, jumping by 45% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 55% m-o-m. As a result, the export price reached the peak level of $2,988 per ton. From October 2022 to August 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Cayman Islands ($3,322 per ton), while the average price for exports to Canada ($2,081 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 Canada (+1.3%), while the prices for the other major destinations experienced a decline.
Clementines Imports in the United States
Clementines imports into the United States plummeted to 58K tons in 2022, declining by -31.3% on 2021 figures. In general, imports recorded a deep reduction. The smallest decline of -1.1% was in 2020.
In value terms, clementines imports dropped rapidly to $87M in 2022. Over the period under review, imports continue to indicate a abrupt setback. The smallest decline of -5.9% was in 2021.
| Import of Clementines in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 90.8 | 84.0 | 69.9 | 49.7 | -18.2% |
| Morocco | 35.0 | 22.4 | 31.5 | 21.3 | -15.3% |
| Uruguay | 7.8 | 9.4 | 7.5 | 13.0 | 18.6% |
| Peru | 10.4 | 11.7 | 10.7 | N/A | 1.4% |
| Others | 2.1 | 0.9 | 1.3 | 3.0 | 12.6% |
| Total | 146 | 128 | 121 | 87.0 | -15.8% |
Top Suppliers of Clementines to the United States in 2022:
- Chile (37.6K tons)
- Morocco (11.4K tons)
- Uruguay (8.2K tons)
Clementines Exports in the United States
In 2022, shipments abroad of fruit, edible decreased by -12.4% to 9.8K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.9% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 31% against the previous year.
In value terms, clementines exports reduced to $21M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +19.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.1% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 41%. As a result, the exports reached the peak of $24M, and then shrank in the following year.
| Export of Clementines in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 11.1 | 14.5 | 21.8 | 19.4 | 20.5% |
| Barbados | 0.1 | 0.4 | 0.8 | 0.8 | 100.0% |
| Bermuda | 0.6 | 0.9 | N/A | 0.5 | -5.9% |
| Cayman Islands | N/A | 0.4 | 0.4 | N/A | 0.0% |
| Others | 0.8 | 0.7 | 0.7 | 0.4 | -20.6% |
| Total | 12.5 | 16.9 | 23.7 | 21.1 | 19.1% |
Top Export Markets for Clementines from the United States in 2022:
- Canada (9.2K tons)
- Barbados (0.3K tons)
- Bermuda (0.2K tons)
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