
U.S. - Vegetables in Vinegar - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
U.S.: Vinegar-Preserved Vegetable Market 2023
Vinegar-Preserved Vegetable Market Size in the U.S.
For the fourth consecutive year, the U.S. vinegar-preserved vegetable market recorded growth in sales value, which increased by 6.5% to $X in 2021. In general, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +107.7% against 2014 indices. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the immediate term.
Vinegar-Preserved Vegetable Exports
Exports from the U.S.
In 2021, the amount of vegetables in vinegar other than potatoes exported from the United States soared to X tons, with an increase of 26% on the previous year's figure. Overall, exports, however, saw a slight descent. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.
In value terms, vinegar-preserved vegetable exports surged to $X in 2021. In general, exports showed a relatively flat trend pattern. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Canada (X tons) was the main destination for vinegar-preserved vegetable exports from the United States, with a 72% share of total exports. Moreover, vinegar-preserved vegetable exports to Canada exceeded the volume sent to the second major destination, South Korea (X tons), more than tenfold. Brazil (X tons) ranked third in terms of total exports with a 2.9% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Canada stood at -3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+9.6% per year) and Brazil (+39.0% per year).
In value terms, Canada ($X) remains the key foreign market for vinegar-preserved vegetable exports from the United States, comprising 63% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 7% share of total exports. It was followed by South Korea, with a 4.7% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Canada totaled -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+12.6% per year) and South Korea (+11.9% per year).
Export Prices by Country
The average vinegar-preserved vegetable export price stood at $X per ton in 2021, which is down by -6.8% against the previous year. Over the last nine years, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2018 an increase of 10%. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then fell in the following year.
Prices varied noticeably country of destination: the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Brazil ($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 Saudi Arabia (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Vinegar-Preserved Vegetable Imports
Imports into the U.S.
For the fourth year in a row, the United States recorded growth in overseas purchases of vegetables in vinegar other than potatoes, which increased by 11% to X tons in 2021. The total import volume increased at an average annual rate of +4.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2015 when imports increased by 13%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the immediate term.
In value terms, vinegar-preserved vegetable imports rose rapidly to $X in 2021. The total import value increased at an average annual rate of +3.3% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2021, Mexico (X tons) constituted the largest supplier of vinegar-preserved vegetable to the United States, accounting for a 49% share of total imports. Moreover, vinegar-preserved vegetable imports from Mexico exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. The third position in this ranking was taken by Turkey (X tons), with a 9.6% share.
From 2012 to 2021, the average annual growth rate of volume from Mexico amounted to +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+2.6% per year) and Turkey (+7.0% per year).
In value terms, Mexico ($X) constituted the largest supplier of vinegar-preserved vegetable to the United States, comprising 42% of total imports. The second position in the ranking was held by Peru ($X), with a 10% share of total imports. It was followed by India, with a 9.8% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Mexico stood at +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (+4.7% per year) and India (+1.5% per year).
Import Prices by Country
In 2021, the average vinegar-preserved vegetable import price amounted to $X per ton, leveling off at the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 2.3%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.
Prices varied noticeably country of origin: the country with the highest price was Spain ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the vinegar-preserved vegetable market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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