Northern America: Market for Vegetables (Preserved, Frozen) 2024

Market Size for Vegetables (Preserved, Frozen) in Northern America

In 2022, the North American preserved and frozen vegetable market decreased by X% to $X, falling for the second consecutive year after two years of growth. In general, consumption continues to indicate a pronounced decrease. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Production of Vegetables (Preserved, Frozen) in Northern America

In value terms, preserved and frozen vegetable production declined to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Vegetables (Preserved, Frozen)

Exports in Northern America

In 2022, exports of vegetables (preserved, frozen) in Northern America amounted to X tons, rising by X% on 2021 figures. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when exports increased by X%. The volume of export peaked in 2022 and is likely to continue growth in the near future.

In value terms, preserved and frozen vegetable exports soared to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked in 2022 and is likely to continue growth in years to come.

Exports by Country

In 2022, Canada (X tons) and the United States (X tons) was the largest exporter of vegetables (preserved, frozen) in Northern America, creating X% of total export.

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

In value terms, Canada ($X) and the United States ($X) appeared to be the countries with the highest levels of exports in 2022.

In terms of the main exporting countries, Canada, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

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

Imports of Vegetables (Preserved, Frozen)

Imports in Northern America

For the third consecutive year, Northern America recorded growth in supplies from abroad of vegetables (preserved, frozen), which increased by X% to X tons in 2022. Total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2013 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, preserved and frozen vegetable imports rose sharply to $X in 2022. Total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

The United States prevails in imports structure, finishing at X tons, which was approx. X% of total imports in 2022. It was distantly followed by Canada (X tons), comprising a X% share of total imports.

The United States was also the fastest-growing in terms of the vegetables (preserved, frozen) imports, with a CAGR of X% from 2012 to 2022. At the same time, Canada (X%) displayed positive paces of growth. While the share of the United States (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Canada (X p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported vegetables (preserved, frozen) in Northern America, comprising X% of total imports. The second position in the ranking was taken by Canada ($X), with a X% share of total imports.

In the United States, preserved and frozen vegetable imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat 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 amounted to $X per ton.

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

Source: IndexBox Platform

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