U.S. - Dry Vegetable - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDry Vegetable Price in the United States - 2023
Contents:
- Dry Vegetable Price in the United States (CIF) - 2023
- Dry Vegetable Price in the United States (FOB) - 2023
- Dry Vegetable Imports in the United States
- Dry Vegetable Exports in the United States
Dry Vegetable Price in the United States (CIF) - 2023
The average dry vegetable import price stood at $3,900 per ton in September 2023, reducing by -9.6% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 26% against the previous month. The import price peaked at $4,315 per ton in August 2023, and then contracted in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($7,290 per ton), while the price for Honduras ($1,320 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 Hungary (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Dry Vegetable Price in the United States (FOB) - 2023
The average dry vegetable export price stood at $4,293 per ton in September 2023, leveling off at the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 40% month-to-month. As a result, the export price reached the peak level of $6,095 per ton. From March 2023 to September 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was China ($12,207 per ton), while the average price for exports to Indonesia ($2,580 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 China (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.
Dry Vegetable Imports in the United States
In 2022, imports of dry vegetables into the United States expanded notably to 70K tons, growing by 12% compared with the previous year. The total import volume increased at an average annual rate of +5.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, dry vegetable imports stood at $261M in 2022. The total import value increased at an average annual rate of +9.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Dry Vegetable in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 80.4 | 78.5 | 78.6 | 97.5 | 6.6% |
| Egypt | 8.9 | 8.9 | 14.4 | 23.2 | 37.6% |
| Turkey | 16.7 | 9.9 | 15.3 | 19.1 | 4.6% |
| Germany | 15.3 | 19.1 | 18.4 | 17.2 | 4.0% |
| Poland | 7.8 | 8.0 | 10.1 | 12.9 | 18.3% |
| India | 10.0 | 7.5 | 10.7 | 12.3 | 7.1% |
| Australia | 7.2 | 10.8 | 12.9 | 11.5 | 16.9% |
| Mexico | 8.5 | 15.1 | 17.6 | 9.6 | 4.1% |
| Israel | 4.6 | 3.1 | 5.9 | 8.5 | 22.7% |
| United Kingdom | 4.6 | 5.5 | 6.6 | 8.5 | 22.7% |
| Hungary | 4.7 | 4.8 | 6.0 | 6.5 | 11.4% |
| Netherlands | 4.2 | 4.4 | 3.0 | 4.0 | -1.6% |
| Others | 25.7 | 23.5 | 31.9 | 30.3 | 5.6% |
| Total | 199 | 199 | 231 | 261 | 9.5% |
Top Suppliers of Dry Vegetable to the United States in 2022:
- China (31.4K tons)
- Egypt (6.6K tons)
- Turkey (6.3K tons)
- India (4.2K tons)
- Poland (3.4K tons)
- Germany (2.7K tons)
- Israel (1.6K tons)
- Hungary (1.6K tons)
- Australia (1.6K tons)
- Mexico (1.4K tons)
- United Kingdom (1.1K tons)
- Netherlands (0.9K tons)
Dry Vegetable Exports in the United States
In 2022, shipments abroad of dry vegetables decreased by -2.5% to 55K tons, falling for the second year in a row after two years of growth. In general, total exports indicated noticeable growth from 2019 to 2022: its volume increased at an average annual rate of +3.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -28.1% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 56%. As a result, the exports reached the peak of 76K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, dry vegetable exports expanded markedly to $233M in 2022. The total export value increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 14%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Dry Vegetable in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 52.6 | 58.2 | 58.5 | 58.3 | 3.5% |
| Japan | 28.9 | 29.1 | 26.9 | 35.4 | 7.0% |
| Mexico | 17.4 | 16.0 | 17.5 | 20.6 | 5.8% |
| Indonesia | 15.7 | 12.2 | 11.7 | 8.1 | -19.8% |
| United Kingdom | 5.8 | 5.6 | 5.9 | 8.0 | 11.3% |
| Philippines | 3.6 | 4.1 | 4.9 | 7.6 | 28.3% |
| Australia | 6.4 | 6.8 | 6.0 | 6.2 | -1.1% |
| Thailand | 2.9 | 3.9 | 4.2 | 6.0 | 27.4% |
| South Korea | 3.1 | 3.1 | 4.1 | 5.9 | 23.9% |
| Dominican Republic | 2.8 | 4.1 | 2.5 | 3.5 | 7.7% |
| China | 2.5 | 12.1 | 5.1 | 3.4 | 10.8% |
| Belgium | 5.0 | 4.1 | 3.6 | 3.4 | -12.1% |
| Trinidad and Tobago | 0.8 | 0.8 | 1.1 | 2.7 | 50.0% |
| Others | 56.7 | 72.7 | 64.9 | 64.0 | 4.1% |
| Total | 204 | 233 | 217 | 233 | 4.5% |
Top Export Markets for Dry Vegetable from the United States in 2022:
- Canada (11.6K tons)
- Japan (9.1K tons)
- Mexico (4.4K tons)
- Indonesia (2.6K tons)
- Philippines (2.3K tons)
- United Kingdom (2.0K tons)
- Australia (1.7K tons)
- China (1.7K tons)
- South Korea (1.7K tons)
- Thailand (1.4K tons)
- Dominican Republic (1.3K tons)
- Belgium (1.1K tons)
- Trinidad and Tobago (0.9K tons)
This report provides an in-depth analysis of the dry 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 469 - Vegetables, Dehydrated
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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