Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the UK - 2023

Contents:

  1. Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the UK (CIF) - 2023
  2. Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the UK (FOB) - 2023
  3. Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the UK
  4. Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the UK

Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the UK (CIF) - 2023

The average import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $1,322 per ton in November 2023, rising by 1.6% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.0%. The pace of growth was the most pronounced in July 2023 when the average import price increased by 6.4% m-o-m. As a result, import price attained the peak level of $1,364 per ton. From August 2023 to November 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Hungary ($1,665 per ton), while the price for China ($896 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Hungary (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the UK (FOB) - 2023

The average export price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $1,361 per ton in November 2023, picking up by 4.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in December 2022 when the average export price increased by 15% against the previous month. Over the period under review, the average export prices reached the peak figure at $1,506 per ton in May 2023; however, from June 2023 to November 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Spain ($1,743 per ton), while the average price for exports to France ($943 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the UK

In 2022, purchases abroad of vegetables (uncooked or cooked by steaming or boiling in water); frozen decreased by -0.4% to 367K tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a noticeable slump. The most prominent rate of growth was recorded in 2020 with an increase of 0.5% against the previous year. As a result, imports reached the peak of 402K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen fell to $425M in 2022. In general, imports saw a slight reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 2.4% against the previous year. As a result, imports reached the peak of $450M, and then shrank in the following year.

Import of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium167159162154-2.7%
Spain57.360.277.165.94.8%
Poland22.025.429.047.128.9%
China43.333.831.133.2-8.5%
Hungary11.918.325.624.727.6%
France26.130.922.621.7-6.0%
Netherlands36.841.331.315.8-24.6%
Others73.771.271.762.4-5.4%
Total438440450425-1.0%

Top Suppliers of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen to the UK in 2022:

  1. Belgium (139.5K tons)
  2. Spain (58.5K tons)
  3. Poland (53.2K tons)
  4. China (24.7K tons)
  5. Hungary (21.0K tons)
  6. France (17.8K tons)
  7. Netherlands (12.8K tons)

Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the UK

In 2022, after two years of decline, there was significant growth in shipments abroad of vegetables (uncooked or cooked by steaming or boiling in water); frozen, when their volume increased by 28% to 49K tons. In general, exports, however, showed a abrupt slump.

In value terms, exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen reduced to $55M in 2022. Over the period under review, exports, however, saw a abrupt curtailment.

Export of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland19.616.612.314.1-10.4%
Italy9.113.114.412.210.3%
Belgium11.88.65.97.4-14.4%
Germany11.67.64.83.9-30.5%
Portugal3.23.83.53.0-2.1%
Poland1.91.71.02.813.8%
France6.45.42.32.2-29.9%
Spain1.61.41.02.19.5%
Netherlands6.85.21.20.6-55.5%
Others7.79.310.46.8-4.1%
Total79.772.756.855.1-11.6%

Top Export Markets for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen from the UK in 2022:

  1. Italy (11.1K tons)
  2. Ireland (11.1K tons)
  3. Belgium (7.9K tons)
  4. Poland (3.6K tons)
  5. Germany (3.5K tons)
  6. Portugal (2.4K tons)
  7. France (2.0K tons)
  8. Spain (2.0K tons)
  9. Netherlands (0.5K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Vegetables (uncooked or cooked by steaming or boiling in water); frozen - United Kingdom