Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the UK - 2023
Contents:
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the UK (CIF) - 2023
- Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the UK (FOB) - 2023
- Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the UK
- Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the UK
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the UK (CIF) - 2023
The average import price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $1,322 per ton in November 2023, rising by 1.6% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.0%. The pace of growth was the most pronounced in July 2023 when the average import price increased by 6.4% m-o-m. As a result, import price attained the peak level of $1,364 per ton. From August 2023 to November 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Hungary ($1,665 per ton), while the price for China ($896 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Hungary (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the UK (FOB) - 2023
The average export price for vegetables (uncooked or cooked by steaming or boiling in water); frozen stood at $1,361 per ton in November 2023, picking up by 4.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The growth pace was the most rapid in December 2022 when the average export price increased by 15% against the previous month. Over the period under review, the average export prices reached the peak figure at $1,506 per ton in May 2023; however, from June 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Spain ($1,743 per ton), while the average price for exports to France ($943 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the UK
In 2022, purchases abroad of vegetables (uncooked or cooked by steaming or boiling in water); frozen decreased by -0.4% to 367K tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a noticeable slump. The most prominent rate of growth was recorded in 2020 with an increase of 0.5% against the previous year. As a result, imports reached the peak of 402K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of vegetables (uncooked or cooked by steaming or boiling in water); frozen fell to $425M in 2022. In general, imports saw a slight reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 2.4% against the previous year. As a result, imports reached the peak of $450M, and then shrank in the following year.
Import of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 167 | 159 | 162 | 154 | -2.7% |
Spain | 57.3 | 60.2 | 77.1 | 65.9 | 4.8% |
Poland | 22.0 | 25.4 | 29.0 | 47.1 | 28.9% |
China | 43.3 | 33.8 | 31.1 | 33.2 | -8.5% |
Hungary | 11.9 | 18.3 | 25.6 | 24.7 | 27.6% |
France | 26.1 | 30.9 | 22.6 | 21.7 | -6.0% |
Netherlands | 36.8 | 41.3 | 31.3 | 15.8 | -24.6% |
Others | 73.7 | 71.2 | 71.7 | 62.4 | -5.4% |
Total | 438 | 440 | 450 | 425 | -1.0% |
Top Suppliers of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen to the UK in 2022:
- Belgium (139.5K tons)
- Spain (58.5K tons)
- Poland (53.2K tons)
- China (24.7K tons)
- Hungary (21.0K tons)
- France (17.8K tons)
- Netherlands (12.8K tons)
Exports of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the UK
In 2022, after two years of decline, there was significant growth in shipments abroad of vegetables (uncooked or cooked by steaming or boiling in water); frozen, when their volume increased by 28% to 49K tons. In general, exports, however, showed a abrupt slump.
In value terms, exports of vegetables (uncooked or cooked by steaming or boiling in water); frozen reduced to $55M in 2022. Over the period under review, exports, however, saw a abrupt curtailment.
Export of Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 19.6 | 16.6 | 12.3 | 14.1 | -10.4% |
Italy | 9.1 | 13.1 | 14.4 | 12.2 | 10.3% |
Belgium | 11.8 | 8.6 | 5.9 | 7.4 | -14.4% |
Germany | 11.6 | 7.6 | 4.8 | 3.9 | -30.5% |
Portugal | 3.2 | 3.8 | 3.5 | 3.0 | -2.1% |
Poland | 1.9 | 1.7 | 1.0 | 2.8 | 13.8% |
France | 6.4 | 5.4 | 2.3 | 2.2 | -29.9% |
Spain | 1.6 | 1.4 | 1.0 | 2.1 | 9.5% |
Netherlands | 6.8 | 5.2 | 1.2 | 0.6 | -55.5% |
Others | 7.7 | 9.3 | 10.4 | 6.8 | -4.1% |
Total | 79.7 | 72.7 | 56.8 | 55.1 | -11.6% |
Top Export Markets for Vegetables (Uncooked or Cooked by Steaming or Boiling in Water); Frozen from the UK in 2022:
- Italy (11.1K tons)
- Ireland (11.1K tons)
- Belgium (7.9K tons)
- Poland (3.6K tons)
- Germany (3.5K tons)
- Portugal (2.4K tons)
- France (2.0K tons)
- Spain (2.0K tons)
- Netherlands (0.5K tons)
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