U.S.: Frozen Fruit Market 2022

Frozen Fruit Market Size in the U.S.

In 2021, the U.S. frozen fruit market increased by X% to $X, rising for the fifth year in a row after four years of decline. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2012; afterwards, it flattened through to 2021.

Frozen Fruit Production in the U.S.

In value terms, frozen fruit production rose to $X in 2021. In general, production, however, recorded a noticeable contraction. The growth pace was the most rapid in 2017 when the production volume increased by X%. Frozen fruit production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Frozen Fruit Exports

Exports from the U.S.

In 2021, approx. X tons of frozen fruits were exported from the United States; growing by X% against 2020 figures. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, frozen fruit exports totaled $X in 2021. The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Canada (X tons) was the main destination for frozen fruit exports from the United States, with a X% share of total exports. Moreover, frozen fruit exports to Canada exceeded the volume sent to the second major destination, South Korea (X tons), fourfold. The third position in this ranking was held by Japan (X tons), with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+X% per year) and Japan (-X% per year).

In value terms, Canada ($X) remains the key foreign market for frozen fruit exports from the United States, comprising X% of total exports. The second position in the ranking was taken by South Korea ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+X% per year) and Japan (-X% per year).

Export Prices by Country

The average frozen fruit export price stood at $X per ton in 2021, surging by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. The export price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Fruit Imports

Imports into the U.S.

In 2021, supplies from abroad of frozen fruits increased by X% to X tons, rising for the fourth consecutive year after two years of decline. Overall, total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2017 indices. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, frozen fruit imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Mexico (X tons), Canada (X tons) and Chile (X tons) were the main suppliers of frozen fruit imports to the United States, together comprising X% of total imports. Peru, Costa Rica, Guatemala, Vietnam, Serbia, Turkey, Ecuador, the Philippines, Argentina and Egypt lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Chile ($X) and Canada ($X) appeared to be the largest frozen fruit suppliers to the United States, together comprising X% of total imports. These countries were followed by Peru, Costa Rica, Serbia, Guatemala, Vietnam, Argentina, Turkey, the Philippines, Ecuador and Egypt, which together accounted for a further X the main suppliers, Egypt, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average frozen fruit import price stood at $X per ton in 2021, growing by X% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Serbia ($X per ton), while the price for Ecuador ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Serbia (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform