United Kingdom: Prepared Frozen Vegetable Market 2022

Prepared Frozen Vegetable Market Size in the UK

The UK prepared frozen vegetable market soared to $X in 2020, rising by X% against the previous year. In general, consumption saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the market value increased by X% y-o-y. Prepared frozen vegetable consumption peaked in 2020 and is likely to continue growth in the near future.

Prepared Frozen Vegetable Production in the UK

In value terms, prepared frozen vegetable production fell to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a deep downturn. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Prepared Frozen Vegetable Exports

Exports from the UK

In 2020, shipments abroad of frozen vegetables and mixtures of vegetables (prepared or preserved) decreased by -X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Exports peaked at X tons in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

In value terms, prepared frozen vegetable exports declined significantly to $X in 2020. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. As a result, exports attained the peak of $X. from 2019 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Ireland (X tons) was the main destination for prepared frozen vegetable exports from the UK, accounting for a X% share of total exports. Moreover, prepared frozen vegetable exports to Ireland exceeded the volume sent to the second major destination, Italy (X tons), threefold. The third position in this ranking was occupied by Germany (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Ireland amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and Germany (-X% per year).

In value terms, Ireland ($X) remains the key foreign market for prepared frozen vegetable exports from the UK, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Ireland stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Italy (+X% per year).

Export Prices by Country

The average prepared frozen vegetable export price stood at $X per ton in 2020, picking up by X% against the previous year. Over the period under review, export price indicated a slight expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, prepared frozen vegetable export price increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2008 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the peak figure at $X per ton in 2011; however, from 2012 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the United States ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United States, while the prices for the other major destinations experienced more modest paces of growth.

Prepared Frozen Vegetable Imports

Imports into the UK

Prepared frozen vegetable imports into the UK soared to X tons in 2020, jumping by X% on 2019. Over the period under review, imports enjoyed a resilient increase. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. Over the period under review, imports hit record highs in 2020 and are expected to retain growth in the immediate term.

In value terms, prepared frozen vegetable imports surged to $X in 2020. In general, imports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Imports peaked in 2020 and are expected to retain growth in the immediate term.

Imports by Country

In 2020, Belgium (X tons) constituted the largest supplier of prepared frozen vegetable to the UK, with a X% share of total imports. Moreover, prepared frozen vegetable imports from Belgium exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. The third position in this ranking was occupied by the Netherlands (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Belgium totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and the Netherlands (+X% per year).

In value terms, Belgium ($X) constituted the largest supplier of prepared frozen vegetable to the UK, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Belgium amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Spain (+X% per year).

Import Prices by Country

In 2020, the average prepared frozen vegetable import price amounted to $X per ton, which is down by -X% against the previous year. Over the period under review, the import price continues to indicate a pronounced decrease. The growth pace was the most rapid in 2008 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2014; however, from 2015 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hungary, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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