Northern America: Candied Fruit Market 2024

Candied Fruit Market Size in Northern America

For the third year in a row, the North American candied fruit market recorded growth in sales value, which increased by X% to $X in 2023. The total consumption indicated pronounced growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2015 indices. The level of consumption peaked in 2023 and is expected to retain growth in years to come.

Candied Fruit Production in Northern America

In value terms, candied fruit production rose markedly to $X in 2023 estimated in export price. The total production indicated measured growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2014 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of production peaked in 2023 and is likely to see gradual growth in the immediate term.

The United States (X tons) constituted the country with the largest volume of candied fruit production, accounting for X% of total volume. Moreover, candied fruit production in the United States exceeded the figures recorded by the second-largest producer, Canada (X tons), more than tenfold.

In the United States, candied fruit production increased at an average annual rate of X% over the period from 2012-2023.

Candied Fruit Exports

Exports in Northern America

In 2023, shipments abroad of candied fruits decreased by X% to X tons, falling for the eighth year in a row after four years of growth. Overall, exports faced a deep contraction. The pace of growth was the most pronounced in 2015 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2016 to 2023, the growth of the exports failed to regain momentum.

In value terms, candied fruit exports declined to $X in 2023. Over the period under review, exports recorded a deep setback. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

The United States dominates exports structure, amounting to X tons, which was approx. X% of total exports in 2023. Canada (X tons) followed a long way behind the leaders.

The United States was also the fastest-growing in terms of the candied fruits exports, with a CAGR of X% from 2012 to 2023. Canada (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the United States increased by X percentage points.

In value terms, the United States ($X) remains the largest candied fruit supplier in Northern America, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports.

In the United States, candied fruit exports decreased by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2023, increasing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2016 an increase of X%. The level of export peaked in 2023 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Canada (X%).

Candied Fruit Imports

Imports in Northern America

In 2023, purchases abroad of candied fruits decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2018 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, candied fruit imports declined to $X in 2023. Overall, imports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2023, imports remained at a lower figure.

Imports by Country

The United States represented the largest importing country with an import of around X tons, which recorded X% of total imports. It was distantly followed by Canada (X tons), comprising a X% share of total imports.

Imports into the United States decreased at an average annual rate of X% from 2012 to 2023. Canada (X%) illustrated a downward trend over the same period. Canada (X p.p.) significantly strengthened its position in terms of the total imports, while the United States saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, the United States ($X) constitutes the largest market for imported candied fruits in Northern America, comprising X% of total imports. The second position in the ranking was taken by Canada ($X), with a X% share of total imports.

In the United States, candied fruit imports shrank by an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

In 2023, the import price in Northern America amounted to $X per ton, rising by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2023, the import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform