U.S. Canned Fruit And Vegetable Market. Analysis And Forecast to 2030
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View PricingPrice for Canned Fruit and Vegetable in the United States - 2023
Contents:
- Price for Canned Fruit and Vegetable in the United States (CIF) - 2023
- Price for Canned Fruit and Vegetable in the United States (FOB) - 2023
- Imports of Canned Fruit and Vegetable in the United States
- Exports of Canned Fruit and Vegetable in the United States
Price for Canned Fruit and Vegetable in the United States (CIF) - 2023
In August 2023, the average canned fruit and vegetable import price amounted to $1,699 per ton, shrinking by -5% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 an increase of 15% m-o-m. Over the period under review, average import prices hit record highs at $1,789 per ton in July 2023, and then dropped slightly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Canada ($3,071 per ton), while the price for Brazil ($595 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Canned Fruit and Vegetable in the United States (FOB) - 2023
The average canned fruit and vegetable export price stood at $1,885 per ton in August 2023, surging by 1.8% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 an increase of 5.3% m-o-m. The export price peaked at $1,947 per ton in October 2022; afterwards, it flattened through to August 2023.
Prices varied noticeably by the country of destination: the country with the highest price was China ($3,170 per ton), while the average price for exports to El Salvador ($957 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 the Netherlands (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Canned Fruit and Vegetable in the United States
In 2022, the amount of canned fruit and vegetables imported into the United States soared to 5.7M tons, jumping by 24% compared with 2021. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 55%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, canned fruit and vegetable imports surged to $9.2B in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Canned Fruit and Vegetable in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1,088 | 1,072 | 1,265 | 1,487 | 11.0% |
| China | 626 | 802 | 695 | 893 | 12.6% |
| Canada | 416 | 489 | 545 | 671 | 17.3% |
| Thailand | 480 | 503 | 571 | 650 | 10.6% |
| Italy | 291 | 327 | 398 | 478 | 18.0% |
| Brazil | 212 | 136 | 233 | 430 | 26.6% |
| Peru | 270 | 289 | 318 | 427 | 16.5% |
| Turkey | 193 | 207 | 281 | 395 | 27.0% |
| Philippines | 232 | 230 | 245 | 365 | 16.3% |
| Spain | 272 | 256 | 286 | 344 | 8.1% |
| Chile | 121 | 134 | 182 | 211 | 20.4% |
| Indonesia | 95.9 | 124 | 168 | 158 | 18.1% |
| India | 104 | 139 | 141 | 158 | 15.0% |
| Others | 1,746 | 1,758 | 2,112 | 2,547 | 13.4% |
| Total | 6,145 | 6,464 | 7,440 | 9,215 | 14.5% |
Top Suppliers of Canned Fruit and Vegetable to the United States in 2022:
- Mexico (736.8K tons)
- China (706.3K tons)
- Brazil (651.6K tons)
- Thailand (425.2K tons)
- Italy (384.4K tons)
- Philippines (381.7K tons)
- Turkey (249.4K tons)
- Canada (224.1K tons)
- Peru (187.1K tons)
- Chile (179.2K tons)
- Spain (158.0K tons)
- India (123.6K tons)
- Indonesia (118.2K tons)
Exports of Canned Fruit and Vegetable in the United States
For the fourth year in a row, the United States recorded growth in shipments abroad of canned fruit and vegetables, which increased by 1.8% to 1.6M tons in 2022. The total export volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 7.1%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, canned fruit and vegetable exports expanded rapidly to $2.9B in 2022. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 5.4% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Canned Fruit and Vegetable in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1,303 | 1,240 | 1,273 | 1,382 | 2.0% |
| Mexico | 219 | 239 | 280 | 305 | 11.7% |
| Japan | 220 | 195 | 193 | 197 | -3.6% |
| South Korea | 105 | 99.4 | 108 | 109 | 1.3% |
| Netherlands | 114 | 87.8 | 91.3 | 89.5 | -7.7% |
| China | 84.9 | 68.3 | 80.9 | 83.0 | -0.8% |
| Dominican Republic | 38.0 | 41.8 | 52.7 | 57.3 | 14.7% |
| Australia | 39.5 | 38.1 | 42.1 | 43.4 | 3.2% |
| Costa Rica | 27.5 | 23.8 | 34.2 | 33.1 | 6.4% |
| Italy | 23.6 | 41.4 | 23.7 | 16.9 | -10.5% |
| Others | 654 | 551 | 587 | 594 | -3.2% |
| Total | 2,829 | 2,625 | 2,766 | 2,909 | 0.9% |
Top Export Markets for Canned Fruit and Vegetable from the United States in 2022:
- Canada (719.7K tons)
- Mexico (196.9K tons)
- Japan (103.9K tons)
- South Korea (55.0K tons)
- Netherlands (42.0K tons)
- Dominican Republic (30.3K tons)
- Costa Rica (30.1K tons)
- China (27.2K tons)
- Australia (24.1K tons)
- Italy (19.5K tons)
This report provides an in-depth analysis of the market for canned fruit and vegetable 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:
- NAICS 311421 - Fruit and vegetable canning
Companies mentioned:
- The Schwan Food Company
- Heinz Kraft Foods Company
- Ocean Spray Cranberries
- Seneca Foods Corporation
- Ruiz Food Products
- Welch Foods Inc.
- Pinnacle Foods Group
- Pinnacle Foods Finance
- Red Gold, Amy's Kitchen
- The Stouffer Corporation
- Lakeside Foods
- Tree Top
- Pinnacle Foods
- Tropicana Products
- Pacific Coast Producers
- Knouse Foods Cooperative
- Nestle Prepared Foods
- Landec Corporation
- Hanover Foods Corporation
- Cliffstar
- Bellisio Foods
- Del Monte Foods
- National Grape Co-Operative Association
- H J M P Corp
- TSC Holdings
- Peak Finance Holdings
- Spf Holdings II
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.
-
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
-
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
-
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
-
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
-
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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The import value of Canned Fruit And Vegetable slightly decreased to $748M in July 2023.
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In February 2023, CIF (Cost, Insurance, & Freight) US prices for canned fruits & vegetables amounted to $1,501 per ton, showing a 7.9% decrease compared to the prior month.
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In December 2022, the canned fruit and vegetable price amounted to $1,549 per ton (CIF, US), reducing by -2.1% against the previous month.
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From 2008 to 2015, the U.S. tortilla market showed steady growth. It expanded from X billion USD in 2008 to X billion USD in 2015 with a CAGR rise of +X%.
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In May 2023, the imports of Snack Food saw the highest growth rate, with a 19% increase compared to the previous month. The value of snack food imports reached $85M in October 2023.
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In June 2023, the price of snack food remained stable at $4,442 per ton (CIF, US), maintaining its level from the previous month.
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In February 2023, the price of snack food rose to $4,417 per ton (CIF, US), an increase of 2.6% compared to the previous month.
