Spinach Market
Spinach market: read the latest data enhanced by an Ai-driven market intelligence tool. Data cover companies, imports, exports, consumption, production, trade, market size, and market prices. There is a split by country, including EU, the U.K., Latin America, China, the U.S., the Middle East, Russia, and Africa. Market insights and outlook to 2030 are also provided in the snapshots.
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Spinach - World's Largest Markets
Rating | Country |
---|---|
1 | China |
In value terms, China led the market, alone.
In China, the spinach market increased at an average annual rate of +6.0% over the period from 2018-2020.
Spinach Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Germany | 2385 | 2289 | 855 | -40.1% |
France | 696 | 631 | 857 | 11.0% |
China | 1071 | 1130 | 1130 | 2.7% |
Spain | 1791 | 1778 | 1755 | -1.0% |
Italy | 2922 | 2796 | 2783 | -2.4% |
United States | 3199 | 3035 | 2931 | -4.3% |
Mexico | 921 | 1891 | 3033 | 81.5% |
Netherlands | 3100 | 3083 | 3206 | 1.7% |
Average | 2220 | 2277 | 2463 | 5.3% |
Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($3,206 per ton), while Germany ($855 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Mexico (+81.5% per year), while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
United States | 1166 | 2008 | 3494 | 73.1% |
Canada | 3169 | 3031 | 3000 | -2.7% |
Mexico | 3153 | 2436 | 2290 | -14.8% |
Germany | 1817 | 1887 | 2248 | 11.2% |
United Kingdom | 2027 | 2216 | 2188 | 3.9% |
Netherlands | 1611 | 2291 | 2174 | 16.2% |
Singapore | 987 | 970 | 1063 | 3.8% |
Belgium | 2517 | 1217 | 448 | -57.8% |
Average | 2148 | 2179 | 2110 | -0.9% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the United States ($3,494 per ton), while Belgium ($448 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States (+73.1% per year), while the other global leaders experienced more modest paces of growth.
Spinach - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
Canada | 117 | 109 | 113 | -1.9% |
United States | 22 | 54 | 77 | 88.9% |
United Kingdom | 47 | 37 | 46 | -1.1% |
Germany | 31 | 34 | 36 | 7.5% |
Mexico | 9.2 | 24 | 26 | 67.5% |
In value terms, the largest spinach importing markets worldwide were Canada ($113M), the United States ($77M) and the UK ($46M), together accounting for 53% of global imports.
In terms of the main importing countries, the United States (+88.9% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Spinach - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
United States | 125 | 134 | 140 | 5.9% |
Italy | 62 | 65 | 79 | 12.4% |
Mexico | 16 | 49 | 77 | 121.5% |
Spain | 64 | 66 | 66 | 1.3% |
Netherlands | 33 | 34 | 39 | 8.5% |
In value terms, the United States ($140M), Italy ($79M) and Mexico ($77M) appeared to be the countries with the highest levels of exports in 2020, together comprising 66% of global exports.
Mexico (+121.5% per year) saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Spinach - Market Forecast
Driven by increasing demand for spinach worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Spinach - Top Companies
Guangxi Nanning Lvhan Agriculture Co.,Ltd., Zhongxian Fengfu Agriculture Development Co., Ltd., Mengjin County Golden Tianye Family Farm, Shandong Binzhou Yanlaihong High Tech. Park Co.,Ltd., Yucheng County Zhongken Agriculture Development Co., Ltd., Zunyi Yumiao Eco-agriculture Co., Ltd., Wm. Bolthouse Farms, Inc., Nanle County Ruifang Plantation Specialty Cooperative, Hubei Lingshang Renjia Ecological Food Co.,Ltd., Yushan County Chuangyuan Family Farm, Yichang Hannongyuan Ecology Agricultural Development Co., Ltd., Guinan County Shuanghua Pollution Free Vegetables Plantation Specialty Cooperati ve, Guangzhou Conghua Suifeng Vegetables & Fruits Specialty Cooperative, Changyang En'shi Huinong Vegetables Farmer Cooperative, Xiangyang Xiangcheng District Chenshun Lotus Root Plantation Specialty Cooperati ve, Yuncheng Yanhu District Suhe Fengwang Fruits & Vegetables Plantation Specialty C ooperative, Huangyuan Xiaolin Vegetables Plantation Specialty Cooperative, Tanimura & Antle Fresh Foods, Inc., Jinjiang Feifei Gardening Crop Plantation Co.,Ltd., Changzhi County Wofeng Plantation Specialty Cooperative
Spinach - Product Coverage
- HS 070970 - Vegetables; spinach, New Zealand spinach and orache spinach (garden spinach), fresh or chilled
This report provides an in-depth analysis of the global spinach market.
This report provides an in-depth analysis of the spinach market in Africa.
This report provides an in-depth analysis of the spinach market in Southern Asia.
This report provides an in-depth analysis of the spinach market in Australia and Oceania.
This report provides an in-depth analysis of the spinach market in Latin America and the Caribbean.
This report provides an in-depth analysis of the spinach market in South-Eastern Asia.
This report provides an in-depth analysis of the spinach market in Eastern Asia.
This report provides an in-depth analysis of the spinach market in Northern America.
This report provides an in-depth analysis of the spinach market in Central Asia.
This report provides an in-depth analysis of the spinach market in the Middle East.
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