Price for Vegetable Products Not Elsewhere Specified or Included in France - 2024
Contents:
- Price for Vegetable Products Not Elsewhere Specified or Included in France (CIF) - 2024
- Price for Vegetable Products Not Elsewhere Specified or Included in France (FOB) - 2022
- Imports of Vegetable Products Not Elsewhere Specified or Included in France
- Exports of Vegetable Products Not Elsewhere Specified or Included in France
Price for Vegetable Products Not Elsewhere Specified or Included in France (CIF) - 2024
The average import price for vegetable products not elsewhere specified or includeds stood at $1,115 per ton in August 2023, remaining relatively unchanged against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 an increase of 31% m-o-m. As a result, import price attained the peak level of $1,150 per ton; afterwards, it flattened through to August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Peru ($1,661 per ton), while the price for Cote d'Ivoire ($638 per ton) was amongst the lowest.
From January 2023 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetable Products Not Elsewhere Specified or Included in France (FOB) - 2022
In 2022, the average export price for vegetable products not elsewhere specified or includeds amounted to $328 per ton, with a decrease of -12.2% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 203% against the previous year. As a result, the export price attained the peak level of $940 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($941 per ton), while the average price for exports to Spain ($149 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 the UK (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetable Products Not Elsewhere Specified or Included in France
For the fourth year in a row, France recorded growth in overseas purchases of vegetable products not elsewhere specified or includeds, which increased by 3.7% to 62K tons in 2022. The total import volume increased at an average annual rate of +12.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 23% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of vegetable products not elsewhere specified or includeds contracted to $54M in 2022. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 87% against the previous year. As a result, imports attained the peak of $60M, and then reduced in the following year.
| Import of Vegetable Products Not Elsewhere Specified or Included in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 8.4 | 11.7 | 25.1 | 18.2 | 29.4% |
| Sri Lanka | 7.1 | 7.0 | 9.2 | 7.0 | -0.5% |
| India | 2.6 | 2.3 | 2.5 | 3.6 | 11.5% |
| Netherlands | 1.3 | 1.6 | 2.9 | 3.5 | 39.1% |
| Spain | 1.5 | 1.8 | 2.6 | 3.0 | 26.0% |
| Portugal | 0.7 | 1.4 | 1.3 | 2.0 | 41.9% |
| Germany | 0.9 | 1.2 | 2.2 | 1.7 | 23.6% |
| Others | 5.0 | 5.4 | 14.6 | 15.4 | 45.5% |
| Total | 27.5 | 32.3 | 60.4 | 54.4 | 25.5% |
Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to France in 2022:
- Belgium (24.8K tons)
- Sri Lanka (7.1K tons)
- Portugal (6.8K tons)
- Spain (6.7K tons)
- Germany (4.1K tons)
- India (3.6K tons)
- Netherlands (3.1K tons)
Exports of Vegetable Products Not Elsewhere Specified or Included in France
In 2022, the amount of vegetable products not elsewhere specified or includeds exported from France surged to 44K tons, jumping by 21% against the previous year's figure. The total export volume increased at an average annual rate of +11.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of vegetable products not elsewhere specified or includeds skyrocketed to $15M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.1% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Vegetable Products Not Elsewhere Specified or Included in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 2.5 | 1.9 | 2.0 | 4.0 | 17.0% |
| Netherlands | 1.2 | 1.8 | 2.6 | 3.9 | 48.1% |
| Germany | 1.6 | 1.3 | 1.6 | 1.7 | 2.0% |
| Switzerland | 1.1 | 1.0 | 0.9 | 1.3 | 5.7% |
| Italy | 0.4 | 0.6 | 0.9 | 0.8 | 26.0% |
| Spain | 0.3 | 0.3 | 0.3 | 0.8 | 38.7% |
| United Kingdom | 0.9 | 1.3 | 0.2 | 0.2 | -39.4% |
| Others | 1.5 | 1.3 | 1.9 | 1.9 | 8.2% |
| Total | 9.3 | 9.4 | 10.4 | 14.5 | 16.0% |
Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from France in 2022:
- Belgium (15.9K tons)
- Netherlands (13.5K tons)
- Spain (5.3K tons)
- Germany (3.5K tons)
- Italy (2.6K tons)
- Switzerland (1.4K tons)
- United Kingdom (0.2K tons)
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