U.S. - Garlic - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGarlic Prices in the United States
U.S. Garlic Import Price per Ton in August 2022
In August 2022, the garlic price per ton amounted to $2.0K (CIF, US), with an increase of 12% against the previous month. Over the period under review, the import price, however, recorded a noticeable setback. The import price peaked at $2.4K per ton in January 2022; however, from February 2022 to August 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2022, the country with the highest price was Spain ($2.9K per ton), while the price for China ($1.5K 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 Vietnam (-0.3%), while the prices for the other major suppliers experienced a decline.
U.S. Garlic Imports
In August 2022, approximately 7.3K tons of garlic were imported into the United States; which is down by -21.6% on July 2022 figures. In general, imports recorded a abrupt slump. The pace of growth was the most pronounced in April 2022 with an increase of 29% month-to-month. As a result, imports attained the peak of 14K tons. From May 2022 to August 2022, the growth of imports remained at a lower figure.
In value terms, garlic imports shrank to $15M (IndexBox estimates) in August 2022. Overall, imports continue to indicate a deep slump. The pace of growth appeared the most rapid in June 2022 when imports increased by 10% m-o-m.
U.S. Garlic Imports by Country
China (3.2K tons), Spain (2.3K tons) and Mexico (1.5K tons) were the main suppliers of garlic imports to the United States, together comprising 96% of total imports.
From January 2022 to August 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +20.7%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest garlic suppliers to the United States were Spain ($6.7M), China ($4.8M) and Mexico ($2.6M), with a combined 95% share of total imports. Vietnam and Argentina lagged somewhat behind, together comprising a further 2.6%.
Vietnam, with a CAGR of +16.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
This report provides an in-depth analysis of the garlic 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:
- FCL 406 - Garlic
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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In June 2022, the garlic price per ton amounted to $1,641 per ton, waning by -8.2% against the previous month.
266
In Apr 2022, the average import garlic price per ton amounted to $2,008, shrinking by -14.6% against the previous month.
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The revenue of the garlic market in the U.S. amounted to $1.1B in 2018. Chinese garlic occupies approx. 28% in terms of total garlic consumption. If imports from China plummet, who will compensate for the shortage?
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The onion price per ton stood at $698 (CIF, US) in May 2022, declining by -9.1% against the previous month.
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In June 2022, the leek price per ton stood at $1,221 per ton in June 2022, dropping by -7.3% against the previous month.
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Global garlic imports rose by 13% to 2.5M tons in 2020, boosted by the increased popularity of home cooking and a widespread reputation that the product helps to strengthen immunity. Indonesia remains the largest global importer, followed by Vietnam and Malaysia. China dominates global garlic exports, supplying 89% of the total volume. Chinese manufacturers managed to ramp up exports which led to a drop in prices.
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