Frozen Vegetables Market
Frozen vegetables market: get access to newly released information empowered by an Ai-driven BI platform. Facts and figures include market size, consumption, production, exports, market prices, imports, companies, and trade. Here is a split by region, including Russia, the U.K., EU, Latin America, China, Africa, the Middle East, and the U.S. Market dynamics and outlook to 2030 are also provided in the dashboards.
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Frozen Vegetables - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | Japan |
3 | United States |
4 | India |
5 | Bangladesh |
In value terms, the largest frozen vegetables markets worldwide were China, Japan and the United States, together comprising 26% of the global market. These countries were followed by India, Bangladesh, Russia, Indonesia, Brazil, Pakistan, Germany, Nigeria, France and Spain, which together accounted for a further 26%.
Bangladesh saw the highest growth rate of market size, in terms of the main consuming countries over the period under review, while frozen vegetables market for the other global leaders experienced more modest paces of growth.
Frozen Vegetables Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per tonne | ||||
Poland | 842 | 820 | 797 | -2.7% |
Portugal | 1025 | 1040 | 931 | -4.7% |
Belgium | 984 | 987 | 958 | -1.3% |
China | 1077 | 1072 | 1027 | -2.3% |
Spain | 1080 | 1109 | 1092 | 0.6% |
France | 1122 | 1136 | 1093 | -1.3% |
Canada | 1142 | 1110 | 1108 | -1.5% |
Netherlands | 1166 | 1206 | 1143 | -1.0% |
Egypt | 1280 | 1260 | 1171 | -4.4% |
Mexico | 1423 | 1491 | 1172 | -9.2% |
United States | 1322 | 1239 | 1395 | 2.7% |
Ecuador | 1854 | 1796 | 1687 | -4.6% |
Average | 1153 | 1165 | 1108 | -2.0% |
Prices varied noticeably by the country of origin; the country with the highest price was Ecuador ($1,687 per tonne), while Poland ($797 per tonne) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced mixed trends in the export price figures.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per tonne | ||||
Japan | 1548 | 1564 | 1727 | 5.6% |
Italy | 1285 | 1270 | 1329 | 1.7% |
Canada | 1119 | 1173 | 1264 | 6.3% |
Spain | 1116 | 1116 | 1201 | 3.7% |
Netherlands | 1137 | 1170 | 1159 | 1.0% |
United States | 1325 | 1327 | 1134 | -7.5% |
United Kingdom | 1044 | 1063 | 1044 | 0.0% |
Germany | 1010 | 1037 | 1043 | 1.6% |
France | 988 | 1004 | 1033 | 2.3% |
Belgium | 947 | 980 | 1024 | 4.0% |
Russia | 773 | 797 | 777 | 0.3% |
South Korea | 706 | 702 | 733 | 1.9% |
Average | 1104 | 1129 | 1140 | 1.6% |
Prices varied noticeably by the country of destination; the country with the highest price was Japan ($1,727 per tonne), while South Korea ($733 per tonne) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.
Frozen Vegetables - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
United States | 1.1 | 1.2 | 1.2 | 2.9% |
Japan | 0.8 | 0.8 | 0.9 | 5.4% |
Germany | 0.6 | 0.6 | 0.6 | -1.0% |
France | 0.5 | 0.5 | 0.5 | -0.6% |
Belgium | 0.4 | 0.3 | 0.4 | 3.8% |
In value terms, the United States ($1.2B), Japan ($916M) and Germany ($608M) constituted the countries with the highest levels of imports in 2020, with a combined 41% share of global imports.
Japan recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Frozen Vegetables - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
Belgium | 1.1 | 1.1 | 1.3 | 5.8% |
China | 1.3 | 1.3 | 1.1 | -5.1% |
Spain | 0.5 | 0.6 | 0.7 | 14.1% |
Mexico | 0.5 | 0.6 | 0.4 | -12.4% |
Poland | 0.3 | 0.3 | 0.3 | 6.1% |
In value terms, the largest frozen vegetables supplying countries worldwide were Belgium ($1.3B), China ($1.1B) and Spain ($696M), together comprising 47% of global exports. These countries were followed by Mexico, Poland, France, the Netherlands, the United States, Egypt, Ecuador, Canada and Portugal, which together accounted for a further 32%.
Among the main exporting countries, Egypt recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Frozen Vegetables - Market Forecast
Driven by increasing demand for frozen vegetables worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Frozen Vegetables - Top Companies
McCain Foods Group Inc, CRUSTA FRUIT JUICES PROPRIETARY LIMITED, McCain Foods Limited, ALLANASONS PRIVATE LIMITED, Lamb Weston Inc, McCain Usa, Inc., McCain Foods Usa, Inc., SIMPLOT AUSTRALIA (HOLDINGS) PTY LIMITED, Norpac Foods, Inc., Cooperative Regions of Organic Producer Pools, Clarebout Potatoes NV, KEREVITAS GIDA SANAYI VE TICARET ANONIM SIRKETI, Putian Chengxiang District Haiqing Food Factory, ADM WILD Europe GmbH & Co. KG, riha WeserGold Getränke GmbH & Co. KG, Canada's Finest Foods, Inc., Louis Dreyfus Company Sucos S/A, Eckes-Granini Group GmbH, Birds Eye Foods, Inc., The Pictsweet Company
Frozen Vegetables - Product Coverage
- HS 071021 - Vegetables, leguminous; peas (pisum sativum), shelled or unshelled, uncooked or cooked by steaming or boiling in water, frozen
- HS 071022 - Vegetables, leguminous; beans (vigna spp., phaseolus spp.), shelled or unshelled, uncooked or cooked by steaming or boiling in water, frozen
- HS 071029 - Vegetables, leguminous; (other than peas or beans), shelled or unshelled, uncooked or cooked by steaming or boiling in water, frozen
- HS 071030 - Vegetables; spinach, New Zealand spinach and orache spinach (garden spinach), uncooked or cooked by steaming or boiling in water, frozen
- HS 071040 - Vegetables; sweetcorn, uncooked or cooked by steaming or boiling in water, frozen
- HS 071080 - Vegetables; uncooked or cooked by steaming or boiling in water, n.e.c. in heading no. 0710, frozen
- HS 071090 - Vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen
This report provides an in-depth analysis of the global frozen vegetable market.
This report provides an in-depth analysis of the frozen vegetable market in CIS.
This report provides an in-depth analysis of the frozen vegetable market in Eastern Asia.
This report provides an in-depth analysis of the frozen vegetable market in Northern America.
This report provides an in-depth analysis of the frozen vegetable market in Latin America and the Caribbean.
This report provides an in-depth analysis of the frozen vegetable market in Asia-Pacific.
This report provides an in-depth analysis of the frozen vegetable market in South-Eastern Asia.
This report provides an in-depth analysis of the frozen vegetable market in Australia and Oceania.
This report provides an in-depth analysis of the frozen vegetable market in Southern Asia.
This report provides an in-depth analysis of the frozen vegetable market in Western Africa.