Price for Vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumption in the United Kingdom - 2023
Contents:
- Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the UK (CIF) - 2022
- Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the UK (FOB) - 2022
- Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the UK
- Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the UK
Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the UK (CIF) - 2022
In 2022, the average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia amounted to $1,548 per ton, surging by 4.2% against the previous year. In general, the import price, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2018 an increase of 45% against the previous year. The import price peaked at $2,393 per ton in 2012; however, from 2013 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 Turkey ($3,330 per ton), while the price for Egypt ($801 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the UK (FOB) - 2022
The average export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $3,195 per ton in 2022, which is down by -71.3% against the previous year. In general, the export price continues to indicate a pronounced slump. The growth pace was the most rapid in 2021 when the average export price increased by 251% against the previous year. As a result, the export price reached the peak level of $11,128 per ton, and then contracted remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($7,360 per ton), while the average price for exports to Ethiopia ($1,957 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 Cyprus (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the UK
In 2022, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia into the UK reduced to 1.1K tons, waning by -8.5% on 2021. Overall, imports continue to indicate a abrupt downturn.
In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia fell modestly to $1.8M in 2022. Over the period under review, imports showed a abrupt curtailment. The smallest decline of -0.1% was in 2020.
| Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,049 | 1,482 | 650 | 1,185 | 4.1% |
| Poland | 17.5 | 10.1 | 69.6 | 224 | 133.9% |
| Egypt | N/A | N/A | N/A | 161 | 0% |
| Turkey | 19.1 | 6.4 | N/A | 62.2 | 48.2% |
| Italy | 902 | 682 | 921 | 34.0 | -66.5% |
| Morocco | N/A | N/A | N/A | 23.8 | 0% |
| Greece | 231 | 118 | 69.5 | 11.0 | -63.8% |
| Others | 149 | 66.3 | 149 | 70.4 | -22.1% |
| Total | 2,368 | 2,365 | 1,859 | 1,772 | -9.2% |
Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to the UK in 2022:
- Spain (628.8 tons)
- Poland (228.3 tons)
- Egypt (201.5 tons)
- Italy (25.1 tons)
- Morocco (20.8 tons)
- Turkey (18.7 tons)
- Greece (3.5 tons)
Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the UK
In 2022, overseas shipments of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia increased by 70% to 10 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a significant contraction.
In value terms, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia reduced markedly to $33K in 2022. Over the period under review, exports, however, saw a dramatic slump. The pace of growth was the most pronounced in 2021 when exports increased by 28%.
| Export of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ethiopia | N/A | N/A | 3.2 | 14.6 | 356.3% |
| Denmark | N/A | N/A | N/A | 10.1 | 0% |
| Cyprus | 0.1 | N/A | 4.8 | 5.4 | 278.0% |
| Ireland | 61.0 | 21.9 | N/A | 3.3 | -62.2% |
| China | 59.0 | N/A | N/A | N/A | 0% |
| Iceland | 26.5 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 42.5 | 31.2 | 19.4 | N/A | -32.4% |
| Others | 10.3 | 0.5 | 41.2 | N/A | 100.0% |
| Total | 199 | 53.6 | 68.5 | 33.5 | -44.8% |
Top Export Markets for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from the UK in 2022:
- Ethiopia (7.5 tons)
- Denmark (1.7 tons)
- Cyprus (0.7 tons)
- Ireland (0.6 tons)
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