U.S. - Ice Cream - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIce Cream Price in the United States - 2023
Contents:
- Ice Cream Price in the United States (FOB) - 2023
- Ice Cream Price in the United States (CIF) - 2023
- Ice Cream Exports in the United States
- Ice Cream Imports in the United States
Ice Cream Price in the United States (FOB) - 2023
The average ice cream export price stood at $3,836 per ton in October 2023, picking up by 4.2% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 7.3% m-o-m. Over the period under review, the average export prices hit record highs at $3,966 per ton in December 2022; however, from January 2023 to October 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($4,824 per ton), while the average price for exports to Mexico ($3,073 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Ice Cream Price in the United States (CIF) - 2023
In October 2023, the average ice cream import price amounted to $4,238 per ton, surging by 5.6% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 an increase of 11% m-o-m. Over the period under review, average import prices hit record highs at $4,464 per ton in February 2023; however, from March 2023 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Mexico ($6,693 per ton), while the price for Turkey ($2,843 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Mexico (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Ice Cream Exports in the United States
Ice cream exports from the United States reduced slightly to 73K tons in 2022, remaining relatively unchanged against 2021 figures. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 2.2%. As a result, the exports attained the peak of 74K tons, and then declined in the following year.
In value terms, ice cream exports amounted to $267M in 2022. The total export value increased at an average annual rate of +2.2% 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, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ice Cream in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 57.6 | 57.4 | 58.9 | 66.2 | 4.7% |
| Saudi Arabia | 22.6 | 23.7 | 23.0 | 24.9 | 3.3% |
| Australia | 22.3 | 30.5 | 14.7 | 21.1 | -1.8% |
| Canada | 24.0 | 21.9 | 23.2 | 20.7 | -4.8% |
| South Korea | 8.8 | 14.1 | 17.4 | 17.7 | 26.2% |
| United Arab Emirates | 12.2 | 11.2 | 14.3 | 14.2 | 5.2% |
| Malaysia | 7.8 | 7.1 | 8.7 | 10.4 | 10.1% |
| China | 5.7 | 1.5 | 11.2 | 7.9 | 11.5% |
| Qatar | 4.5 | 5.1 | 4.7 | 6.3 | 11.9% |
| Dominican Republic | 3.5 | 3.1 | 3.9 | 4.8 | 11.1% |
| Kuwait | 4.7 | 3.4 | 4.9 | 4.7 | 0.0% |
| Singapore | 3.0 | 6.0 | 4.3 | 3.9 | 9.1% |
| United Kingdom | 6.1 | 9.7 | 2.3 | 1.1 | -43.5% |
| Others | 67.3 | 59.2 | 68.1 | 63.4 | -2.0% |
| Total | 250 | 254 | 260 | 267 | 2.2% |
Top Export Markets for Ice Cream from the United States in 2022:
- Mexico (21.7K tons)
- Saudi Arabia (6.1K tons)
- Canada (5.9K tons)
- Australia (5.3K tons)
- South Korea (4.2K tons)
- United Arab Emirates (3.6K tons)
- Malaysia (2.5K tons)
- China (1.9K tons)
- Qatar (1.4K tons)
- Dominican Republic (1.3K tons)
- Singapore (1.2K tons)
- Kuwait (1.2K tons)
- United Kingdom (0.3K tons)
Ice Cream Imports in the United States
For the fourth year in a row, the United States recorded growth in supplies from abroad of ice cream, which increased by 33% to 90K tons in 2022. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 65%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, ice cream imports skyrocketed to $328M in 2022. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 79%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Ice Cream in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 9.0 | 10.6 | 57.3 | 57.2 | 85.2% |
| South Africa | 6.9 | 10.6 | 20.7 | 32.4 | 67.5% |
| Canada | 10.2 | 13.7 | 17.5 | 27.6 | 39.3% |
| Brazil | 0.4 | 2.8 | 7.0 | 25.0 | 296.9% |
| Turkey | N/A | 0.1 | 1.1 | 21.8 | 1376.5% |
| South Korea | 10.7 | 14.7 | 17.2 | 21.6 | 26.4% |
| Netherlands | 0.2 | 0.1 | 0.4 | 20.3 | 366.5% |
| Spain | 0.2 | 0.9 | 6.2 | 18.8 | 354.7% |
| Mexico | 3.4 | 4.2 | 7.5 | 18.6 | 76.2% |
| Taiwan (Chinese) | 2.9 | 23.0 | 22.5 | 13.0 | 64.9% |
| Germany | 8.5 | 10.0 | 7.5 | 10.4 | 7.0% |
| Russia | 1.8 | 6.8 | 24.6 | 8.4 | 67.1% |
| Australia | 5.6 | 6.2 | 3.7 | 0.8 | -47.7% |
| Others | 24.3 | 27.6 | 42.3 | 51.9 | 28.8% |
| Total | 83.9 | 131 | 235 | 328 | 57.5% |
Top Suppliers of Ice Cream to the United States in 2022:
- Mexico (29.5K tons)
- Italy (13.6K tons)
- Canada (8.4K tons)
- Brazil (8.0K tons)
- South Korea (7.3K tons)
- Netherlands (6.0K tons)
- South Africa (5.4K tons)
- Turkey (5.3K tons)
- Spain (3.9K tons)
- Russia (2.5K tons)
- Germany (2.4K tons)
- Taiwan (Chinese) (2.0K tons)
- Australia (0.2K tons)
This report provides an in-depth analysis of the ice cream 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:
- Prodcom 10521000 - Ice cream and other edible ice (including sherbet, lollipops) (excluding mixes and bases for ice cream)
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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This report provides an in-depth analysis of the ice cream market in the U.S..
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This report provides an in-depth analysis of the global ice cream market.
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This report provides an in-depth analysis of the ice cream market in the U.S..
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This report provides an in-depth analysis of the global ice cream market.
249
In February 2023, the price of ice cream was $3,600 per ton (FOB, US), representing a 3.1% decrease from the previous month.
531
In August 2022, the ice cream price per ton stood at $3.3K (CIF, US), with an increase of 2% against the previous month.
658
In June 2022, the ice cream price per ton amounted to $3,412 per ton, surging by 12% against the previous month.
355
Explore the top import markets for ice cream worldwide, including Germany, United Kingdom, France, United States, and the Netherlands. Discover key statistics and market insights using IndexBox market intelligence platform.
2197
In 2016, approx. X tons of ice cream were imported worldwide- remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to ...
249
In February 2023, the price of ice cream was $3,600 per ton (FOB, US), representing a 3.1% decrease from the previous month.
531
In August 2022, the ice cream price per ton stood at $3.3K (CIF, US), with an increase of 2% against the previous month.
658
In June 2022, the ice cream price per ton amounted to $3,412 per ton, surging by 12% against the previous month.
355
Explore the top import markets for ice cream worldwide, including Germany, United Kingdom, France, United States, and the Netherlands. Discover key statistics and market insights using IndexBox market intelligence platform.
2197
In 2016, approx. X tons of ice cream were imported worldwide- remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to ...
