U.S.: Peach And Nectarine Market 2024

Peach And Nectarine Market Size in the U.S.

The U.S. peach and nectarine market rose modestly to $X in 2022, growing by X% against the previous year. Overall, consumption, however, saw a perceptible decrease. As a result, consumption attained 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 the U.S.

In value terms, peach and nectarine production reached $X in 2022. Over the period under review, production recorded a pronounced curtailment. The most prominent rate of growth was recorded 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 remained at a lower figure.

In 2022, the average yield of peaches and nectarines in the United States reduced slightly to X tons per ha, remaining relatively unchanged against 2021. In general, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the average peach and nectarine yield hit record highs 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 the United States totaled X ha, leveling off at 2021. Overall, the harvested area, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2020 with an increase of X%. The peach and nectarine harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Peach And Nectarine Exports

Exports from the U.S.

In 2022, the amount of peaches and nectarines exported from the United States shrank dramatically to X tons, dropping by X% compared with the year before. Overall, exports showed a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, peach and nectarine exports reduced to $X in 2022. Over the period under review, exports showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X tons), Mexico (X tons) and Taiwan (Chinese) (X tons) were the main destinations of peach and nectarine exports from the United States, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, Canada ($X), Mexico ($X) and Taiwan (Chinese) ($X) were the largest markets for peach and nectarine exported from the United States worldwide, with a combined X% share of total exports.

Among the main countries of destination, Mexico, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average peach and nectarine export price stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (X%), while the prices for the other major destinations experienced more modest paces of growth.

Peach And Nectarine Imports

Imports into the U.S.

In 2022, the amount of peaches and nectarines imported into the United States shrank slightly to X tons, flattening at the previous year. Overall, imports continue to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, peach and nectarine imports expanded to $X in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Chile (X tons) was the main peach and nectarine supplier to the United States, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Chile stood at X%.

In value terms, Chile ($X) constituted the largest supplier of peaches and nectarines to the United States.

From 2012 to 2022, the average annual rate of growth in terms of value from Chile was relatively modest.

Import Prices by Country

In 2022, the average peach and nectarine import price 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 2014 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Chile.

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

Source: IndexBox Platform

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