U.S. - Peaches And Nectarines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPeach and Nectarine Price in the United States - 2023
Contents:
- Peach and Nectarine Price in the United States (FOB) - 2023
- Peach and Nectarine Price in the United States (CIF) - 2022
- Peach and Nectarine Exports in the United States
- Peach and Nectarine Imports in the United States
Peach and Nectarine Price in the United States (FOB) - 2023
The average peach and nectarine export price stood at $3,015 per ton in September 2023, which is down by -3.1% against the previous month. In general, export price indicated slight growth from September 2022 to September 2023: its price increased at an average monthly rate of +1.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, peach and nectarine export price decreased by -22.1% against May 2023 indices. The pace of growth was the most pronounced in May 2023 an increase of 75% against the previous month. As a result, the export price reached the peak level of $3,873 per ton. From June 2023 to September 2023, the the average export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In September 2023, the country with the highest price was Taiwan (Chinese) ($3,765 per ton), while the average price for exports to Mexico ($2,695 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 Canada (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Peach and Nectarine Price in the United States (CIF) - 2022
The average peach and nectarine import price stood at $2,054 per ton in 2022, with an increase of 4% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2014 when the average import price increased by 42% against the previous year. The import price peaked at $2,570 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Chile.
From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +1.7% per year.
Peach and Nectarine Exports in the United States
In 2022, the amount of peaches and nectarines exported from the United States shrank markedly to 62K tons, dropping by -25.6% on 2021. Overall, exports saw a deep setback. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year. As a result, the exports reached the peak of 84K tons, and then declined sharply in the following year.
In value terms, peach and nectarine exports reduced to $149M in 2022. The total export value increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 30% against the previous year. As a result, the exports attained the peak of $160M, and then reduced in the following year.
Export of Peach and Nectarine in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 64.2 | 73.7 | 74.0 | 76.7 | 6.1% |
Mexico | 34.7 | 24.5 | 54.2 | 45.9 | 9.8% |
Taiwan (Chinese) | 19.2 | 13.6 | 19.2 | 14.6 | -8.7% |
Australia | 6.0 | 4.7 | 4.3 | 3.6 | -15.7% |
Others | 7.4 | 6.9 | 8.5 | 8.0 | 2.6% |
Total | 132 | 123 | 160 | 149 | 4.1% |
Top Export Markets for Peach and Nectarine from the United States in 2022:
- Canada (31.5K tons)
- Mexico (22.7K tons)
- Taiwan (Chinese) (4.4K tons)
- Australia (0.9K tons)
Peach and Nectarine Imports in the United States
In 2022, the amount of peaches and nectarines imported into the United States declined to 32K tons, standing approx. at 2021. In general, imports saw a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 5.7%.
In value terms, peach and nectarine imports stood at $67M in 2022. Overall, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 4.9%.
Import of Peach and Nectarine in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Chile | 86.6 | 61.0 | 64.1 | 65.2 | -9.0% |
Others | 0.8 | 0.8 | 0.7 | 1.5 | 23.3% |
Total | 87.4 | 61.7 | 64.8 | 66.6 | -8.7% |
Top Suppliers of Peach and Nectarine to the United States in 2022:
- Chile (31.4K tons)
This report provides an in-depth analysis of the peach and nectarine 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 534 - Peaches and nectarines
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
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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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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 March 2023, the peach and nectarine price amounted to $2,134 per ton (FOB, US), declining by -4.2% against the previous month.
In June 2022, the cherry and sour cherry price per ton stood at $10,415 per ton in June 2022, growing by 27% against the previous month.
The average export cherry and sour cherry price per ton stood at $8,876 in Apr 2022, growing by 34% against the previous month.
Starting a business in the cherry market in the United States can be a lucrative venture. This guide provides step-by-step instructions, official data sources, and information on obtaining help from local authorities. Understand the market trends and dynamics, research import and export opportunities, ensure compliance with legal requirements, establish a reliable supply chain, develop a comprehensive marketing strategy, and stay informed with market intelligence. Use official data sources such as USDA, U.S. Census Bureau, and NASS. Seek assistance from SBA, local economic development offices, and agricultural extension offices. Follow these steps and utilize official data sources to start a successful cherry business in the United States.
In August 2022, the cherry price per ton stood at $7.1K, falling by -5.6% against the previous month.
The most prominent rate of growth was recorded in October 2023 when Berry imports increased by 190% month-to-month. In value terms, Berry imports reduced dramatically to $134M in December 2023.
In July 2022, the berry price per ton amounted to $5,758, picking up by 36% against the previous month.
The value of imports for Fruit and Berry decreased to $990M in July 2023.
Global demand for peaches and nectarines is on the rise, with market consumption expected to increase over the next seven years. The market volume is projected to reach 31M tons by 2030, with a market value of $49.9B. China leads in consumption and production of peaches and nectarines, while Spain is the key exporter.
Global peach and nectarine consumption amounted to X thousand tons in 2015, leveling off at the previous year level.