U.S.: 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 the U.S.

After nine years of growth, the U.S. fruit or nut preserves market decreased by -2.9% to $X in 2021. In general, consumption, however, posted a resilient expansion. Fruit or nut preserves consumption peaked at $X in 2020, and then contracted in the following year.

Production of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in the U.S.

In value terms, fruit or nut preserves production shrank slightly to $X in 2021. Overall, production, however, saw resilient growth. The growth pace was the most rapid in 2016 when the production volume increased by 29% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then dropped slightly in the following year.

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

Exports from the U.S.

In 2021, shipments abroad of jams, marmalades, fruit jellies, fruit or nut purees and pastes increased by 17% to X tons, rising for the fourth consecutive year after two years of decline. In general, total exports indicated a temperate expansion from 2012 to 2021: its volume increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +46.6% against 2017 indices. The growth pace was the most rapid in 2014 with an increase of 35%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, fruit or nut preserves exports skyrocketed to $X in 2021. Over the period under review, total exports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +44.8% against 2017 indices. The pace of growth appeared the most rapid in 2014 when exports increased by 33%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Canada (X tons) was the main destination for fruit or nut preserves exports from the United States, accounting for a 80% share of total exports. Moreover, fruit or nut preserves 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 +5.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+0.8% per year) and South Korea (-13.1% per year).

In value terms, Canada ($X) remains the key foreign market for jams, marmalades, fruit jellies, fruit or nut purees and pastes exports from the United States, comprising 81% of total exports. The second position in the ranking was taken by Mexico ($X), with a 5.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada stood at +10.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+3.2% per year) and South Korea (-12.1% per year).

Export Prices by Country

The average fruit or nut preserves export price stood at $X per ton in 2021, approximately mirroring the previous year. Over the last nine years, it increased at an average annual rate of +3.3%. The pace of growth appeared the most rapid in 2017 an increase of 28%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; afterwards, it flattened through to 2021.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into the U.S.

Fruit or nut preserves imports into the United States reached X tons in 2021, remaining relatively unchanged against the previous year. Over the period under review, total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +8.6% 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 +109.4% against 2012 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 23% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, fruit or nut preserves imports reached $X in 2021. Overall, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.8% 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 +96.1% against 2012 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 14%. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

Chile (X tons), Mexico (X tons) and Colombia (X tons) were the main suppliers of fruit or nut preserves imports to the United States, with a combined 41% share of total imports. Belgium, France, Canada, Spain, Egypt, India, Brazil, Argentina, China and Taiwan (Chinese) lagged somewhat behind, together comprising a further 41%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +43.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fruit or nut preserves suppliers to the United States were France ($X), Canada ($X) and Chile ($X), with a combined 40% share of total imports. Belgium, Mexico, Colombia, Spain, India, Taiwan (Chinese), Egypt, Brazil, Argentina and China lagged somewhat behind, together accounting for a further 39%.

Among the main suppliers, Belgium, with a CAGR of +42.1%, saw the highest rates of growth with regard to 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 fruit or nut preserves import price stood at $X per ton in 2021, surging by 8.7% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :