U.S. Fruit and Berry Imports

In July 2023, the amount of fruits and berries imported into the United States shrank dramatically to 915K tons, falling by -15.2% against the previous month. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when imports increased by 15% m-o-m.

In value terms, fruit and berry imports declined to $990M (IndexBox estimates) in July 2023. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when imports increased by 15% against the previous month. As a result, imports reached the peak of $1.7B. From April 2023 to July 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

Mexico (225K tons), Guatemala (182K tons) and Costa Rica (158K tons) were the main suppliers of fruit and berry imports to the United States, together comprising 62% of total imports. These countries were followed by Chile, Ecuador, Peru and Honduras, which together accounted for a further 25%.

From July 2022 to July 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Chile (with a CAGR of +1.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($379M) constituted the largest supplier of fruit and berry to the United States, comprising 38% of total imports. The second position in the ranking was taken by Chile ($104M), with a 10% share of total imports. It was followed by Costa Rica, with a 9.6% share.

From July 2022 to July 2023, the average monthly rate of growth in terms of value from Mexico amounted to -1.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: Chile (+1.3% per month) and Costa Rica (+1.0% per month).

Imports by Type

In July 2023, bananas (424K tons) constituted the largest type of fruit and berry supplied to the United States, accounting for a 46% share of total imports. Moreover, bananas exceeded the figures recorded for the second-largest type, pineapples (94K tons), fivefold. The third position in this ranking was held by avocados (84K tons), with a 9.2% share.

From July 2022 to July 2023, the average monthly rate of growth in terms of the volume of import of bananas was relatively modest. With regard to the other supplied products, the following average monthly rates of growth were recorded: pineapples (-0.5% per month) and avocados (-1.1% per month).

In value terms, the most traded types of fruits and berries in the United States were avocados ($257M), bananas ($228M) and raspberries, blackberries, blueberries, and cranberries ($95M), with a combined 59% share of total imports. These products were followed by mangoes, mangosteens and guavas, tangerines, mandarins, clementines, satsumas, pineapples, lemons and limes, oranges, apples, kiwi fruits, papayas, fruits and berries, nes, strawberries, figs, watermelons, cherries and sour cherries, pears and quinces, grapefruits, dates, melons, peaches and nectarines, citrus fruits not elsewhere classified and plums and sloes, which together accounted for a further 41%.

Import Prices by Country

In July 2023, the fruit and berry price stood at $1,082 per ton (CIF, US), rising by 8.9% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average import price increased by 9.5% month-to-month. Over the period under review, average import prices attained the peak figure at $1,434 per ton in January 2023; however, from February 2023 to July 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Mexico ($1,682 per ton), while the price for Honduras ($506 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Mexico (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform