Price for Vegetable Products Not Elsewhere Specified or Included in the UK - 2024
Contents:
- Price for Vegetable Products Not Elsewhere Specified or Included in the UK (CIF) - 2022
- Price for Vegetable Products Not Elsewhere Specified or Included in the UK (FOB) - 2022
- Imports of Vegetable Products Not Elsewhere Specified or Included in the UK
- Exports of Vegetable Products Not Elsewhere Specified or Included in the UK
Price for Vegetable Products Not Elsewhere Specified or Included in the UK (CIF) - 2022
The average import price for vegetable products not elsewhere specified or includeds stood at $558 per ton in 2022, stabilizing at the previous year. Overall, the import price, however, saw a noticeable reduction. The pace of growth was the most pronounced in 2021 when the average import price increased by 85% against the previous year. The import price peaked at $824 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Ireland ($6,079 per ton), while the price for Russia ($145 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+43.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetable Products Not Elsewhere Specified or Included in the UK (FOB) - 2022
The average export price for vegetable products not elsewhere specified or includeds stood at $1,070 per ton in 2022, picking up by 23% against the previous year. Over the period under review, the export price continues to indicate perceptible growth. The pace of growth appeared the most rapid in 2017 an increase of 120%. As a result, the export price reached the peak level of $1,494 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
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 Germany ($2,742 per ton), while the average price for exports to Norway ($497 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 France (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetable Products Not Elsewhere Specified or Included in the UK
For the third consecutive year, the UK recorded decline in supplies from abroad of vegetable products not elsewhere specified or includeds, which decreased by -13.5% to 53K tons in 2022. In general, imports showed a sharp slump.
In value terms, imports of vegetable products not elsewhere specified or includeds fell to $29M in 2022. Over the period under review, imports faced a precipitous setback. The smallest decline of -7.5% was in 2020.
| Import of Vegetable Products Not Elsewhere Specified or Included in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.3 | 4.6 | 6.8 | 6.8 | 27.3% |
| Sri Lanka | 6.0 | 4.9 | 5.7 | 5.6 | -2.3% |
| India | 2.9 | 2.7 | 3.3 | 4.8 | 18.3% |
| Russia | 10.7 | 12.0 | N/A | 2.3 | -40.1% |
| United States | 2.3 | 2.6 | 0.9 | 1.1 | -21.8% |
| Belgium | 7.9 | 7.9 | 4.2 | N/A | -27.1% |
| Latvia | 9.5 | 4.4 | 3.3 | N/A | -41.1% |
| Sweden | 1.5 | 2.9 | 1.0 | N/A | -18.4% |
| Estonia | 2.3 | 1.7 | N/A | N/A | -26.1% |
| Others | 11.0 | 9.3 | 7.7 | 8.2 | -9.3% |
| Total | 57.5 | 53.2 | 33.0 | 28.7 | -20.7% |
Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to the UK in 2022:
- Netherlands (23.5K tons)
- Russia (15.6K tons)
- Sri Lanka (6.5K tons)
- India (3.4K tons)
- United States (1.1K tons)
Exports of Vegetable Products Not Elsewhere Specified or Included in the UK
In 2022, overseas shipments of vegetable products not elsewhere specified or includeds decreased by -43% to 1.7K tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 306% against the previous year. As a result, the exports reached the peak of 10K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of vegetable products not elsewhere specified or includeds fell to $2.5M in 2022. Over the period under review, exports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of 116%. As a result, the exports attained the peak of $4.5M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Vegetable Products Not Elsewhere Specified or Included in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 51.7 | 149 | 267 | 762 | 145.2% |
| France | 91.8 | 62.8 | 432 | 474 | 72.8% |
| Austria | 0.9 | 3.0 | 539 | 457 | 697.8% |
| Ireland | 178 | 3,328 | 231 | 219 | 7.2% |
| Netherlands | 124 | 35.0 | 343 | 116 | -2.2% |
| Belgium | 1.9 | 5.2 | 460 | 98.3 | 272.6% |
| Poland | 7.2 | 38.6 | 27.2 | 45.7 | 85.2% |
| Switzerland | 6.3 | 6.1 | 12.9 | 37.6 | 81.4% |
| Taiwan (Chinese) | N/A | 10.8 | 17.7 | 32.9 | 74.5% |
| Norway | 576 | 406 | 26.0 | 25.1 | -64.8% |
| Morocco | N/A | 28.0 | 101 | N/A | 260.7% |
| Others | 1,069 | 469 | 487 | 251 | -38.3% |
| Total | 2,106 | 4,542 | 2,945 | 2,519 | 6.2% |
Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from the UK in 2022:
- United States (363.9 tons)
- France (291.6 tons)
- Ireland (285.0 tons)
- Austria (274.2 tons)
- Netherlands (142.9 tons)
- Belgium (67.5 tons)
- Norway (50.6 tons)
- Taiwan (Chinese) (40.4 tons)
- Switzerland (37.7 tons)
- Poland (28.0 tons)
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