Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in the UK - 2023

Contents:

  1. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in the UK (CIF) - 2023
  2. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in the UK (FOB) - 2022
  3. Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in the UK
  4. Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in the UK

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in the UK (CIF) - 2023

The average import price for vegetables, brassica; brussel sprouts, fresh or chilleds stood at $2,133 per ton in December 2023, surging by 8.9% against the previous month. Overall, import price indicated a tangible expansion from December 2022 to December 2023: its price increased at an average monthly rate of +2.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for vegetables, brassica; brussel sprouts, fresh or chilleds increased by +19.0% against September 2023 indices. The pace of growth was the most pronounced in March 2023 when the average import price increased by 36% month-to-month. Over the period under review, average import prices reached the peak figure at $2,699 per ton in August 2023; however, from September 2023 to December 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($3,785 per ton), while the price for the Netherlands ($2,036 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Morocco (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in the UK (FOB) - 2022

The average export price for vegetables, brassica; brussel sprouts, fresh or chilleds stood at $1,082 per ton in 2022, with an increase of 4.9% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 67% against the previous year. As a result, the export price reached the peak level of $1,418 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($1,936 per ton), while the average price for exports to Italy ($681 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-0.4%), while the prices for the other major destinations experienced a decline.

Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in the UK

In 2022, imports of vegetables, brassica; brussel sprouts, fresh or chilleds into the UK declined markedly to 3.9K tons, dropping by -39.7% compared with the previous year. Overall, imports showed a deep contraction. The smallest decline of -1.9% was in 2021.

In value terms, imports of vegetables, brassica; brussel sprouts, fresh or chilleds dropped sharply to $7.9M in 2022. Over the period under review, imports saw a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 7.5% against the previous year. As a result, imports attained the peak of $18M, and then dropped dramatically in the following year.

Import of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands14.013.313.43.7-35.8%
Morocco0.80.81.32.851.8%
South Africa1.21.72.51.0-5.9%
Ireland0.20.10.30.20.0%
Belgium0.40.2N/AN/A-50.0%
Others0.30.40.10.2-12.6%
Total17.116.417.67.9-22.7%

Top Suppliers of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled to the UK in 2022:

  1. Netherlands (1861.5 tons)
  2. Morocco (1521.9 tons)
  3. South Africa (249.5 tons)
  4. Ireland (170.6 tons)
  5. Belgium (0.9 tons)

Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in the UK

In 2022, overseas shipments of vegetables, brassica; brussel sprouts, fresh or chilleds increased by 29% to 1.1K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a perceptible decrease.

In value terms, exports of vegetables, brassica; brussel sprouts, fresh or chilleds surged to $1.2M in 2022. The total export value increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands5704156235800.6%
Ireland187280243158-5.5%
Italy63.023.2N/A14933.2%
France14.721.2N/A78.174.5%
Spain65.280.0N/AN/A22.7%
Others91.627.946.626843.0%
Total9928479121,2327.5%

Top Export Markets for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled from the UK in 2022:

  1. Netherlands (655.5 tons)
  2. Italy (218.8 tons)
  3. France (85.7 tons)
  4. Ireland (81.5 tons)

Source: IndexBox Market Intelligence Platform

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