U.S.: Carob Market 2025

Carob Market Size in the U.S.

The U.S. carob market amounted to $X in 2021, with an increase of 14% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a significant increase. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Carob Exports

Exports from the U.S.

In 2021, overseas shipments of carob decreased by -42.9% to X tons, falling for the fourth year in a row after six years of growth. Overall, exports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of 152%. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, carob exports contracted sharply to $X in 2021. Over the period under review, exports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2013 when exports increased by 152%. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for carob exports from the United States, with a 97% share of total exports. Moreover, carob exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada stood at +10.8%.

In value terms, Canada ($X) remains the key foreign market for carob exports from the United States, comprising 96% of total exports. The second position in the ranking was held by Mexico ($X), with a 4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada totaled +10.8%.

Export Prices by Country

In 2021, the average carob export price amounted to $X per ton, falling by -6.1% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 14% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2021, the country with the highest price was Mexico ($X per ton), while the average price for exports to Canada stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+0.1%).

Carob Imports

Imports into the U.S.

Carob imports into the United States dropped to X tons in 2021, waning by -3.6% on 2020. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 322%. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, carob imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 169% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Spain (X tons) constituted the largest carob supplier to the United States, with a 84% share of total imports. Moreover, carob imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. Peru (X tons) ranked third in terms of total imports with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume from Spain totaled +21.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+32.7% per year) and Peru (+28.5% per year).

In value terms, the largest carob suppliers to the United States were Spain ($X), Peru ($X) and Australia ($X), together comprising 81% of total imports.

Among the main suppliers, Australia, with a CAGR of +136.3%, 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.

Import Prices by Country

The average carob import price stood at $X per ton in 2021, jumping by 33% against the previous year. Over the period under review, the import price, however, showed a slight setback. The pace of growth was the most pronounced in 2014 an increase of 83%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Peru ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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