Northern America: Market for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes 2024

Market Size for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Northern America

In 2021, the North American fruit or nut preserves market decreased by -1.2% to $X for the first time since 2015, thus ending a five-year rising trend. The total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.7% 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 +75.3% against 2015 indices. The level of consumption peaked at $X in 2020, and then reduced modestly in the following year.

Production of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Northern America

In value terms, fruit or nut preserves production fell to $X in 2021 estimated in export price. The total production indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +66.0% against 2015 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 30%. The level of production peaked at $X in 2020, and then declined modestly in the following year.

Exports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Exports in Northern America

In 2021, overseas shipments of jams, marmalades, fruit jellies, fruit or nut purees and pastes increased by 13% to X tons, rising for the fourth consecutive year after two years of decline. The total export volume increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by 27% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, fruit or nut preserves exports expanded markedly to $X in 2021. Total exports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +44.2% against 2017 indices. The growth pace was the most rapid in 2014 when exports increased by 25% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

In 2021, the United States (X tons) represented the largest exporter of jams, marmalades, fruit jellies, fruit or nut purees and pastes, making up 81% of total exports. It was distantly followed by Canada (X tons), generating a 19% share of total exports.

The United States was also the fastest-growing in terms of the jams, marmalades, fruit jellies, fruit or nut purees and pastes exports, with a CAGR of +3.9% from 2012 to 2021. At the same time, Canada (+1.0%) displayed positive paces of growth. From 2012 to 2021, the share of the United States increased by +4.2 percentage points.

In value terms, the United States ($X) remains the largest fruit or nut preserves supplier in Northern America, comprising 71% of total exports. The second position in the ranking was held by Canada ($X), with a 29% share of total exports.

In the United States, fruit or nut preserves exports increased at an average annual rate of +7.3% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, waning by -2.5% against the previous year. Over the last nine years, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2017 when the export price increased by 23% against the previous year. The level of export peaked at $X per ton in 2020, and then dropped slightly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+3.3%).

Imports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Imports in Northern America

In 2021, approx. X tons of jams, marmalades, fruit jellies, fruit or nut purees and pastes were imported in Northern America; increasing by 3% compared with the year before. Overall, imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2018 when imports increased by 24% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, fruit or nut preserves imports rose significantly to $X in 2021. Total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +103.7% against 2012 indices. The most prominent rate of growth was recorded in 2014 with an increase of 15%. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

Imports by Country

The United States represented the largest importer of jams, marmalades, fruit jellies, fruit or nut purees and pastes in Northern America, with the volume of imports reaching X tons, which was near 80% of total imports in 2021. It was distantly followed by Canada (X tons), creating a 20% share of total imports.

The United States was also the fastest-growing in terms of the jams, marmalades, fruit jellies, fruit or nut purees and pastes imports, with a CAGR of +8.6% from 2012 to 2021. At the same time, Canada (+6.7%) displayed positive paces of growth. From 2012 to 2021, the share of the United States increased by +2.7 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported jams, marmalades, fruit jellies, fruit or nut purees and pastes in Northern America, comprising 73% of total imports. The second position in the ranking was held by Canada ($X), with a 27% share of total imports.

In the United States, fruit or nut preserves imports increased at an average annual rate of +7.8% over the period from 2012-2021.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, surging by 9.2% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The level of import peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+2.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :