IndexBox has just published a new report: ‘World – Cauliflower And Broccoli – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The global cauliflower and broccoli market expanded slightly to $23.1B in 2019, surging by 4.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price).

The market value increased at an average annual rate of +4.6% from 2013 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the global market attained the peak level in 2019 and is likely to see steady growth in the near future.

Consumption by Country

The countries with the highest volumes of cauliflower and broccoli consumption in 2019 were China (11M tonnes), India (9.2M tonnes) and the U.S. (1.2M tonnes), with a combined 78% share of global consumption. These countries were followed by Mexico, which accounted for a further 1.9%.

From 2013 to 2019, the most notable rate of growth in terms of cauliflower and broccoli consumption, amongst the leading consuming countries, was attained by Mexico, while cauliflower and broccoli consumption for the other global leaders experienced more modest paces of growth.

In value terms, the largest cauliflower and broccoli markets worldwide were China ($9B), India ($6B) and the U.S. ($1.6B), with a combined 72% share of the global market. Mexico lagged somewhat behind, comprising a further 2.6%.

The countries with the highest levels of cauliflower and broccoli per capita consumption in 2019 were China (7.45 kg per person), India (6.68 kg per person) and Mexico (3.81 kg per person).

Production

For the seventh consecutive year, the global market recorded growth in production of cauliflower and broccoli, which increased by 3.2% to 27M tonnes in 2019. The total output volume increased at an average annual rate of +2.6% over the period from 2013 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The generally positive trend in terms output was largely conditioned by perceptible growth of the harvested area and a relatively flat trend pattern in yield figures.

Production by Country

The countries with the highest volumes of cauliflower and broccoli production in 2019 were China (11M tonnes), India (9.2M tonnes) and the U.S. (1.2M tonnes), with a combined 78% share of global production. Mexico and Spain lagged somewhat behind, together accounting for a further 5.6%.

From 2013 to 2019, the biggest increases were in Mexico, while cauliflower and broccoli production for the other global leaders experienced more modest paces of growth.

Harvested Area and Yield

In 2019, approx. 1.5M ha of cauliflower and broccoli were harvested worldwide; growing by 2.9% in 2018. The harvested area increased at an average annual rate of +2.7% from 2013 to 2019; the trend pattern remained consistent, with only minor fluctuations in certain years. The global average cauliflower and broccoli yield was estimated at 19 tonnes per ha in 2019, stabilizing at the previous year.

Exports

In 2019, global exports of cauliflower and broccoli rose modestly to 1.3M tonnes, increasing by 2.4% on the year before. The total export volume increased at an average annual rate of +2.2% over the period from 2013 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when exports increased by 6.3% y-o-y. As a result, exports attained a peak of 1.4M tonnes. From 2018 to 2019, the growth of global exports remained at a lower figure. In value terms, cauliflower and broccoli exports expanded notably to $1.5B (IndexBox estimates) in 2019.

Exports by Country

Spain (385K tonnes) and Mexico (286K tonnes) represented roughly 51% of total exports of cauliflower and broccoli in 2019. They were distantly followed by the U.S. (120K tonnes), France (118K tonnes), China (87K tonnes) and Italy (72K tonnes), together creating a 30% share of total exports. The Netherlands (42K tonnes) took a minor share of total exports.

From 2013 to 2019, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Mexico, while exports for the other global leaders experienced more modest paces of growth. Exports from Mexico increased tangibly from 2016-2019, driven by rising demand in the U.S.

In value terms, Spain ($480M), Mexico ($360M) and the U.S. ($167M) were the countries with the highest levels of exports in 2019, with a combined 66% share of global exports.

Among the main exporting countries, Mexico recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average cauliflower and broccoli export price amounted to $1,154 per tonne, with an increase of 4.8% against the previous year. Over the last six-year period, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2016 an increase of 7.1% y-o-y. The global export price peaked in 2019 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was the Netherlands ($1,450 per tonne), while China ($825 per tonne) was amongst the lowest.

From 2013 to 2019, the most notable rate of growth in terms of prices was attained by Mexico, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform