Northern America: Peach And Nectarine Market 2024

Peach And Nectarine Market Size in Northern America

The North American peach and nectarine market rose modestly to $X in 2022, picking up by X% against the previous year. Overall, consumption, however, recorded a pronounced curtailment. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Peach And Nectarine Production in Northern America

In value terms, peach and nectarine production reached $X in 2022 estimated in export price. Overall, production showed a noticeable slump. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

The United States (X tons) constituted the country with the largest volume of peach and nectarine production, accounting for X% of total volume. Moreover, peach and nectarine production in the United States exceeded the figures recorded by the second-largest producer, Canada (X tons), more than tenfold.

In the United States, peach and nectarine production plunged by an average annual rate of X% over the period from 2012-2022.

In 2022, the average yield of peaches and nectarines in Northern America declined modestly to X tons per ha, almost unchanged from 2021 figures. In general, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the yield increased by X% against the previous year. Over the period under review, the peach and nectarine yield reached the peak level at X tons per ha in 2019; however, from 2020 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of peaches and nectarines production in Northern America reached X ha, remaining stable against 2021. In general, the harvested area, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the harvested area dedicated to peach and nectarine production reached the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Peach And Nectarine Exports

Exports in Northern America

In 2022, the amount of peaches and nectarines exported in Northern America declined rapidly to X tons, dropping by X% on 2021 figures. Overall, exports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, peach and nectarine exports shrank to $X in 2022. In general, exports recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of peaches and nectarines, namely the United States, represented more than two-thirds of total export.

The United States was also the fastest-growing in terms of the peaches and nectarines exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) also remains the largest peach and nectarine supplier in Northern America.

From 2012 to 2022, the average annual growth rate of value in the United States stood at X%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Peach And Nectarine Imports

Imports in Northern America

In 2022, imports of peaches and nectarines in Northern America contracted to X tons, falling by X% against 2021. Over the period under review, imports saw a perceptible setback. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, peach and nectarine imports expanded to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The purchases of the two major importers of peaches and nectarines, namely Canada and the United States, represented more than two-thirds of total import.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%).

In value terms, Canada ($X) and the United States ($X) constituted the countries with the highest levels of imports in 2022.

Canada, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. The level of import peaked at $X per ton in 2018; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform

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