U.S.: Market for Canned Fruit And Vegetables 2024

Market Size for Canned Fruit And Vegetables in the U.S.

After three years of growth, the U.S. canned fruit and vegetable market decreased by X% to $X in 2023. The market value increased at an average annual rate of X% from 2013 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2022 when the market value increased by X%. As a result, consumption attained the peak level of $X, and then declined modestly in the following year.

Production of Canned Fruit And Vegetables in the U.S.

In value terms, canned fruit and vegetable production amounted to $X in 2023. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2023, production stood at a somewhat lower figure.

Exports of Canned Fruit And Vegetables

Exports from the U.S.

In 2023, after two years of growth, there was decline in shipments abroad of canned fruit and vegetables, when their volume decreased by X% to X tons. Overall, exports showed a slight curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

In value terms, canned fruit and vegetable exports reached $X in 2023. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons) was the main destination for canned fruit and vegetable exports from the United States, with a X% share of total exports. Moreover, canned fruit and vegetable exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), fourfold. Japan (X tons) ranked third in terms of total exports with a X% share.

From 2013 to 2023, the average annual growth rate of volume to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Japan (X% per year).

In value terms, Canada ($X) remains the key foreign market for canned fruit and vegetables exports from the United States, comprising X% of total exports. The second position in the ranking was held by Mexico ($X), with an X% share of total exports. It was followed by Japan, with a X% share.

From 2013 to 2023, the average annual rate of growth in terms of value to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Japan (X% per year).

Export Prices by Country

The average canned fruit and vegetable export price stood at $X per ton in 2023, remaining stable against the previous year. Over the period from 2013 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. The export price peaked in 2023 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Costa Rica ($X per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Canned Fruit And Vegetables

Imports into the U.S.

After three years of growth, purchases abroad of canned fruit and vegetables decreased by X% to X tons in 2023. In general, total imports indicated a tangible increase from 2013 to 2023: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2018 indices. The pace of growth was the most pronounced in 2022 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then reduced modestly in the following year.

In value terms, canned fruit and vegetable imports reached $X in 2023. Over the period under review, total imports indicated a prominent increase from 2013 to 2023: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2013 indices. The most prominent rate of growth was recorded in 2022 with an increase of X%. Imports peaked in 2023 and are expected to retain growth in the immediate term.

Imports by Country

Brazil (X tons), Mexico (X tons) and China (X tons) were the main suppliers of canned fruit and vegetable imports to the United States, with a combined X% share of total imports.

From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Brazil (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constituted the largest supplier of canned fruit and vegetables to the United States, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

From 2013 to 2023, the average annual growth rate of value from Mexico totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Canada (X% per year).

Import Prices by Country

The average canned fruit and vegetable import price stood at $X per ton in 2023, increasing by X% against the previous year. Over the period from 2013 to 2023, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The import price peaked in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Greece ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform