United Kingdom: Market for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades 2024

Market Size for Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in the UK

In 2022, the UK homogenised jam and marmalade market increased by 9.4% to $X, rising for the second year in a row after six years of decline. In general, consumption continues to indicate a abrupt descent. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades in the UK

In value terms, homogenised jam and marmalade production declined remarkably to $X in 2022 estimated in export price. Overall, production showed a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 92% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Exports from the UK

In 2022, overseas shipments of homogenised preparations of jams, fruit jellies and marmalades decreased by -15.2% to X tons, falling for the third year in a row after three years of growth. Overall, exports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of 72% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, homogenised jam and marmalade exports fell dramatically to $X in 2022. Over the period under review, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 58%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Hong Kong SAR (X tons), Ireland (X tons) and China (X tons) were the main destinations of homogenised jam and marmalade exports from the UK, with a combined 72% share of total exports. Lithuania, Russia, the United Arab Emirates, France and Australia lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of +44.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), Ireland ($X) and China ($X) were the largest markets for homogenised jam and marmalade exported from the UK worldwide, together comprising 61% of total exports.

In terms of the main countries of destination, Hong Kong SAR, with a CAGR of +44.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average homogenised jam and marmalade export price amounted to $X per ton, reducing by -33.3% against the previous year. Over the period under review, the export price, however, continues to indicate slight growth. The most prominent rate of growth was recorded in 2021 an increase of 30% against the previous year. As a result, the export price reached the peak level of $X per ton, and then declined significantly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Imports into the UK

In 2022, homogenised jam and marmalade imports into the UK reached X tons, surging by 4.6% against the previous year. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 102%. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, homogenised jam and marmalade imports skyrocketed to $X in 2022. Overall, imports showed slight growth. The growth pace was the most rapid in 2019 when imports increased by 67% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of homogenised jam and marmalade to the UK, accounting for a 55% share of total imports. Moreover, homogenised jam and marmalade imports from Spain exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. Italy (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to +45.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-11.8% per year) and Italy (+41.6% per year).

In value terms, Spain ($X) constituted the largest supplier of homogenised preparations of jams, fruit jellies and marmalades to the UK, comprising 51% of total imports. The second position in the ranking was taken by France ($X), with a 22% share of total imports. It was followed by Italy, with an 18% share.

From 2012 to 2022, the average annual growth rate of value from Spain totaled +46.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-9.2% per year) and Italy (+39.5% per year).

Import Prices by Country

In 2022, the average homogenised jam and marmalade import price amounted to $X per ton, surging by 25% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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