U.S. - Frozen Fruits - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Fruit Prices in the United States
U.S. Frozen Fruit Import Price per Ton in August 2022
In August 2022, the frozen fruit price per ton amounted to $2.4K (CIF, US), reducing by -8.4% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in July 2022 when the average import price increased by 4.5% against the previous month. As a result, import price attained the peak level of $2.6K per ton, and then reduced in the following month.
There were significant differences in the average prices amongst the major supplying countries. In August 2022, the country with the highest price was Chile ($3.4K per ton), while the price for the Philippines ($1.2K per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Chile (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Frozen Fruit Import Prices by Type
Prices varied noticeably by the product type; the product with the highest price was frozen raspberries, blackberries, mulberries, loganberries, black-, white- or red currants and gooseberries ($4.9K per ton), while the price for frozen strawberries ($2.1K per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by frozen raspberries, blackberries, mulberries, loganberries, black-, white- or red currants and gooseberries (+3.2%), while the prices for the other products experienced a decline.
U.S. Frozen Fruit Imports
In August 2022, overseas purchases of frozen fruits were finally on the rise to reach 54K tons after two months of decline. Over the period under review, total imports indicated noticeable growth from January 2022 to August 2022: its volume increased at an average monthly rate of +2.8% over the last seven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, imports decreased by -23.0% against March 2022 indices. The most prominent rate of growth was recorded in March 2022 when imports increased by 54% month-to-month. As a result, imports reached the peak of 70K tons. From April 2022 to August 2022, the growth of imports failed to regain momentum.
In value terms, frozen fruit imports expanded sharply to $128M (IndexBox estimates) in August 2022. In general, total imports indicated a measured expansion from January 2022 to August 2022: its value increased at an average monthly rate of +2.2% over the last seven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, imports decreased by -25.4% against March 2022 indices. The growth pace was the most rapid in March 2022 when imports increased by 53% month-to-month. As a result, imports reached the peak of $171M. From April 2022 to August 2022, the growth of imports remained at a lower figure.
U.S. Frozen Fruit Imports by Type
In August 2022, frozen fruits and nuts (excluding strawberries, raspberries, blackberries, mulberries, loganberries, black, white or red currants, and gooseberries) (37K tons) constituted the largest type of frozen fruit supplied to the United States, accounting for a 70% share of total imports. Moreover, frozen fruits and nuts (excluding strawberries, raspberries, blackberries, mulberries, loganberries, black, white or red currants, and gooseberries) exceeded the figures recorded for the second-largest type, frozen strawberries (13K tons), threefold.
From January 2022 to August 2022, the average monthly growth rate of the volume of import of frozen fruits and nuts (excluding strawberries, raspberries, blackberries, mulberries, loganberries, black, white or red currants, and gooseberries) totaled +6.6%. With regard to the other supplied products, the following average monthly rates of growth were recorded: frozen strawberries (-1.9% per month) and frozen raspberries, blackberries, mulberries, loganberries, black-, white- or red currants and gooseberries (-7.0% per month).
In value terms, frozen fruits and nuts (excluding strawberries, raspberries, blackberries, mulberries, loganberries, black, white or red currants, and gooseberries) ($86M) constituted the largest type of frozen fruit supplied to the United States, comprising 67% of total imports. The second position in the ranking was held by frozen strawberries ($28M), with a 22% share of total imports.
U.S. Frozen Fruit Imports by Country
Mexico (17K tons), Canada (9K tons) and Chile (8.3K tons) were the main suppliers of frozen fruit imports to the United States, together accounting for 64% of total imports. These countries were followed by Guatemala, Vietnam, Costa Rica, Morocco, Peru, the Philippines, Turkey and Ecuador, which together accounted for a further 29%.
From January 2022 to August 2022, the biggest increases were in Morocco (with a CAGR of +72.3%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Mexico ($38M), Chile ($28M) and Canada ($25M) constituted the largest frozen fruit suppliers to the United States, together accounting for 71% of total imports. Guatemala, Peru, Costa Rica, Morocco, Vietnam, Turkey, the Philippines and Ecuador lagged somewhat behind, together comprising a further 23%.
In terms of the main suppliers, Morocco, with a CAGR of +72.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the frozen fruit 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.
Product coverage:
- Prodcom 10392100 - Frozen fruit and nuts uncooked or cooked by steaming or boiling in water
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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217
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