U.S.: Market for Frozen Fruit, Juice, And Vegetable 2024

Market Size for Frozen Fruit, Juice, And Vegetable in the U.S.

The U.S. market for frozen fruit, juice, and vegetable totaled $X in 2022, stabilizing at the previous year. The market value increased at an average annual rate of X% over the period from 2013 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in the near future.

Production of Frozen Fruit, Juice, And Vegetable in the U.S.

In value terms, frozen fruit, juice, and vegetable production shrank slightly to $X in 2022. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Frozen fruit, juice, and vegetable production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Frozen Fruit, Juice, And Vegetable

Exports from the U.S.

Frozen fruit, juice, and vegetable exports from the United States dropped modestly to X tons in 2022, shrinking by X% compared with the year before. The total export volume increased at an average annual rate of X% over the period from 2013 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of X tons, and then declined modestly in the following year.

In value terms, frozen fruit, juice, and vegetable exports surged to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2013 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Japan (X tons), Mexico (X tons) and Canada (X tons) were the main destinations of frozen fruit, juice, and vegetable exports from the United States, with a combined X% share of total exports. South Korea, the Philippines, Taiwan (Chinese), Malaysia, Saudi Arabia, Guatemala, Hong Kong SAR, China, Singapore and Australia lagged somewhat behind, together comprising a further X%.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Guatemala (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen fruit, juice, and vegetable exported from the United States were Canada ($X), Japan ($X) and Mexico ($X), with a combined X% share of total exports. South Korea, the Philippines, Taiwan (Chinese), Malaysia, Guatemala, Saudi Arabia, Hong Kong SAR, Singapore, China and Australia lagged somewhat behind, together accounting for a further X%.

Guatemala, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for frozen fruit, juice, and vegetable stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Fruit, Juice, And Vegetable

Imports into the U.S.

In 2022, approx. X tons of frozen fruit, juice, and vegetable were imported into the United States; with an increase of X% compared with the previous year. In general, total imports indicated buoyant growth from 2013 to 2022: its volume increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2013 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, frozen fruit, juice, and vegetable imports rose rapidly to $X in 2022. Over the period under review, total imports indicated a prominent expansion from 2013 to 2022: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2013 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Canada (X tons) constituted the largest frozen fruit, juice, and vegetable supplier to the United States, accounting for a X% share of total imports. Moreover, frozen fruit, juice, and vegetable imports from Canada exceeded the figures recorded by the second-largest supplier, Mexico (X tons), twofold. The third position in this ranking was held by Belgium (X tons), with a X% share.

From 2013 to 2022, the average annual growth rate of volume from Canada stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (X% per year) and Belgium (X% per year).

In value terms, the largest frozen fruit, juice, and vegetable suppliers to the United States were Canada ($X), Mexico ($X) and Chile ($X), with a combined X% share of total imports. Belgium, Peru, Guatemala, Brazil, China, Costa Rica, the Netherlands and Ecuador lagged somewhat behind, together accounting for a further X%.

Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for frozen fruit, juice, and vegetable stood at $X per ton in 2022, surging by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The import price peaked at $X per ton in 2014; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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