U.S.: Vegetable Market 2020

Vegetable Market Size in the USA

The revenue of the vegetable market in the U.S. amounted to $X in 2017, reducing by -X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being observed over the period under review. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. The vegetable consumption peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Vegetable Production in the USA

In 2017, the amount of vegetables produced in the U.S. stood at X tons, going down by -X% against the previous year. Overall, vegetable production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, with an increase of X% year-to-year. The vegetable production peaked of X tons in 2009; however, from 2010 to 2017, it stood at a somewhat lower level. Vegetable output in the U.S. indicated a relatively flat trend pattern, which was largely conditioned by a relatively flat trend pattern of the harvested area and a mild contraction in yield figures.

In 2017, average yield of vegetables in the U.S. stood at X ton per ha, increasing by X% against the previous year. In general, vegetable yield continues to indicate a mild shrinkage. The growth pace was the most rapid in 2016, with an increase of X% y-o-y. Over the period under review, the average vegetable yield reached its peak figure level of X ton per ha in 2007; however, from 2008 to 2017, it stood at a somewhat lower level. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, the total area harvested in terms of vegetables production in the U.S. totaled X ha, falling by -X% against the previous year. Overall, vegetable harvested area continues to indicate a slight slump. The growth pace was the most rapid in 2012, when it surged by X% against the previous year. The vegetable harvested area peaked of X ha in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Vegetable Exports in the USA

In 2017, approx. X tons of vegetables were exported from the U.S.; flattening at the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations over the period under review. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. Over the period under review, the vegetable exports reached its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, vegetable exports stood at $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the vegetable exports attained its peak figure level in 2017, and are expected to retain its growth in the immediate term.

Vegetable Exports by Country in the USA

Canada (X tons) was the main destination of vegetable exports from the U.S., with a X% share of total exports. Moreover, vegetable exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), ninefold. Taiwan, Chinese (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume to Canada totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+X% per year) and Taiwan, Chinese (+X% per year).

In value terms, Canada ($X) remains the key foreign market for vegetable exports from the U.S., making up X% of total vegetable exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value to Canada amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+X% per year) and Japan (+X% per year).

Vegetable Export Prices by Country in the USA

In 2017, the average vegetable export price amounted to $X per ton, flattening at the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013, an increase of X% y-o-y. Over the period under review, the average export prices for vegetables reached its peak figure level of $X per ton in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Canada ($X per ton), while average price for exports to Mexico ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Canada (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Vegetable Imports in the USA

In 2017, approx. X tons of vegetables were imported into the U.S.; standing approx. at the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2010, with an increase of X% against the previous year. Over the period under review, the vegetable imports attained its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, vegetable imports amounted to $X in 2017. In general, the total imports indicated a remarkable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the vegetable imports increased by +X% against 2007 indices. The imports peaked of $X in 2016, and then declined slightly in the following year.

Vegetable Imports by Country in the USA

In 2017, Mexico (X tons) constituted the largest vegetable supplier to the U.S., with a X% share of total imports. Moreover, vegetable imports from Mexico exceeded the figures recorded by the second largest supplier, Canada (X tons), fivefold. The third position in this ranking was occupied by Guatemala (X tons), with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume from Mexico totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+X% per year) and Guatemala (+X% per year).

In value terms, Mexico ($X) constituted the largest supplier of vegetable to the U.S., making up X% of total vegetable imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports. It was followed by Guatemala, with a X% share.

From 2007 to 2017, the average annual growth rate of value from Mexico totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+X% per year) and Guatemala (+X% per year).

Vegetable Import Prices by Country in the USA

In 2017, the average vegetable import price amounted to $X per ton, dropping by -X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. The import price peaked of $X per ton in 2016, and then declined slightly in the following year.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was Peru ($X per ton), while prices for vegetable imports from Guatemala ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Honduras (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform