Global Prepared Frozen Vegetable Market 2022

Prepared Frozen Vegetable Market Size

For the eighth consecutive year, the global prepared frozen vegetable market recorded growth in sales value, which increased by X% to $X in 2020. The market value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2011 when the market value increased by X% against the previous year. Over the period under review, the global market attained the maximum level in 2020 and is likely to see gradual growth in years to come.

Prepared Frozen Vegetable Production

In value terms, prepared frozen vegetable production amounted to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 when the production volume increased by X% against the previous year. Over the period under review, global production hit record highs in 2020 and is expected to retain growth in years to come.

Production By Country

The country with the largest volume of prepared frozen vegetable production was China (X tons), accounting for X% of total volume. Moreover, prepared frozen vegetable production in China exceeded the figures recorded by the second-largest producer, India (X tons), threefold. The third position in this ranking was occupied by the United States (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume in China amounted to +X%. The remaining producing countries recorded the following average annual rates of production growth: India (+X% per year) and the United States (-X% per year).

Prepared Frozen Vegetable Exports

Exports

In 2020, overseas shipments of frozen vegetables and mixtures of vegetables (prepared or preserved) decreased by -X% to X tons, falling for the second year in a row after six years of growth. Over the period under review, total exports indicated buoyant growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, global exports hit record highs at X tons in 2018; however, from 2019 to 2020, exports remained at a lower figure.

In value terms, prepared frozen vegetable exports declined modestly to $X in 2020. Overall, exports, however, posted a strong expansion. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Global exports peaked at $X in 2019, and then fell in the following year.

Exports by Country

In 2020, China (X tons), distantly followed by Belgium (X tons), the Netherlands (X tons), Spain (X tons), Germany (X tons), Mexico (X tons) and France (X tons) were the key exporters of frozen vegetables and mixtures of vegetables (prepared or preserved), together creating X% of total exports. The following exporters - Italy (X tons), the United States (X tons), Portugal (X tons), India (X tons), Vietnam (X tons) and Poland (X tons) - together made up X% of total exports.

From 2007 to 2020, the biggest increases were in Belgium, while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest prepared frozen vegetable supplying countries worldwide were China ($X), Belgium ($X) and the Netherlands ($X), with a combined X% share of global exports.

Among the main exporting countries, Belgium recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average prepared frozen vegetable export price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% y-o-y. Global export price peaked at $X per ton in 2019, and then fell slightly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per ton), while Portugal ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.

Prepared Frozen Vegetable Imports

Imports

In 2020, global prepared frozen vegetable imports rose modestly to X tons, growing by X% on the previous year. Overall, total imports indicated a remarkable increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2011 indices. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, global imports reached the maximum in 2020 and are expected to retain growth in the near future.

In value terms, prepared frozen vegetable imports expanded modestly to $X in 2020. Over the period under review, imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2011 when imports increased by X% y-o-y. Global imports peaked in 2020 and are likely to see steady growth in the near future.

Imports by Country

In 2020, the United States (X tons), the UK (X tons) and Japan (X tons) represented the main importer of frozen vegetables and mixtures of vegetables (prepared or preserved) in the world, achieving X% of total import. France (X tons) held an X% share (based on tons) of total imports, which put it in second place, followed by Germany (X%) and Belgium (X%). Portugal (X tons), the Netherlands (X tons), Canada (X tons), Sweden (X tons) and Australia (X tons) held a little share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Portugal, while imports for the other global leaders experienced more modest paces of growth.

In value terms, Japan ($X), the United States ($X) and the UK ($X) appeared to be the countries with the highest levels of imports in 2020, together accounting for X% of global imports. France, Germany, the Netherlands, Belgium, Canada, Portugal, Sweden and Australia lagged somewhat behind, together comprising a further X terms of the main importing countries, Portugal saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average prepared frozen vegetable import price stood at $X per ton in 2020, almost unchanged from the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% against the previous year. Global import price peaked at $X per ton in 2019, and then contracted in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Japan ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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