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Global Grape Market 2019 – China Emerges as the Largest Consumer, with the Highest Growth Rate over the Last Decade

grape

Global Grape Market 2019 – China Emerges as the Largest Consumer, with the Highest Growth Rate over the Last Decade

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

The global grape market revenue amounted to $136.6B in 2018, going up by 3.7% 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 +2.2% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2011 with an increase of 10% against the previous year. Over the period under review, the global grape market attained its maximum level in 2018 and is likely to see steady growth in the near future.

Consumption By Country

China (14M tonnes) remains the largest grape consuming country worldwide, accounting for 19% of total consumption. Moreover, grape consumption in China exceeded the figures recorded by the world’s second-largest consumer, the U.S. (6.9M tonnes), twofold. The third position in this ranking was occupied by Italy (6.7M tonnes), with a 8.9% share.

In China, grape consumption increased at an average annual rate of +7.1% over the period from 2007-2018. The remaining consuming countries recorded the following average annual rates of consumption growth: the U.S. (+0.4% per year) and Italy (-0.3% per year).

In value terms, China ($21.3B), the U.S. ($15.1B) and France ($13.9B) constituted the countries with the highest levels of market value in 2018, with a combined 37% share of the global market.

China recorded the highest growth rate of the grape market, in terms of the main consuming countries over the last eleven-year period, while the other global leaders experienced more modest paces of growth.

The countries with the highest levels of grape per capita consumption in 2018 were Italy (113 kg per person), Spain (113 kg per person) and France (92 kg per person).

From 2007 to 2018, the most notable rate of growth in terms of grape per capita consumption, amongst the main consuming countries, was attained by China, while the other global leaders experienced more modest paces of growth.

Market Forecast 2019-2025

Driven by increasing demand for grape worldwide, the market is expected to continue an upward consumption trend over the next seven-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.3% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to 83M tonnes by the end of 2025.

Production 2007-2018

In 2018, the global grape production totaled 76M tonnes, picking up by 1.9% against the previous year. The total output volume increased at an average annual rate of +1.4% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 7.7% year-to-year. Global grape production peaked at 76M tonnes in 2015; however, from 2016 to 2018, production stood at a somewhat lower figure. The general positive trend in terms of grape output was largely conditioned by a mild increase of the harvested area and a modest expansion in yield figures.

In value terms, grape production stood at $136.6B in 2018 estimated in export prices.

Production By Country

The countries with the highest volumes of grape production in 2018 were China (14M tonnes), Italy (7.1M tonnes) and the U.S. (6.7M tonnes), with a combined 37% share of the global output.

From 2007 to 2018, the most notable rate of growth in terms of  grape production, amongst the main producing countries, was attained by China, while the other global leaders experienced more modest paces of growth.

Harvested Area 2007-2018

Global grape harvested area totaled 6.9M ha in 2018, flattening at the previous year. In general, grape harvested area, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 1.8% year-to-year. Over the period under review, the harvested area dedicated to grape production attained its maximum at 7.2M ha in 2007; however, from 2008 to 2018, harvested area failed to regain its momentum.

Yield 2007-2018

In 2018, the global average grape yield amounted to 11 tonne per ha, going up by 1.8% against the previous year. The yield figure increased at an average annual rate of +1.7% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 5.9% year-to-year. Global grape yield peaked in 2018 and is expected to retain its growth in the immediate term.

Exports 2007-2018

In 2018, approx. 4.6M tonnes of grapes were exported worldwide; jumping by 2.9% against the previous year. The total export volume increased at an average annual rate of +2.0% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2011 with an increase of 5.9% against the previous year. Global exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, grape exports amounted to $8.2B in 2018. The total export value increased at an average annual rate of +2.5% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed over the period under review. The growth pace was the most rapid in 2011 when Exports increased by 14% year-to-year. Global exports peaked in 2018 and are likely to see steady growth in the immediate term.

Exports by Country

In 2018, Chile (727K tonnes), followed by Italy (462K tonnes), the U.S. (420K tonnes), Peru (343K tonnes), South Africa (324K tonnes) and the Netherlands (289K tonnes) were the largest exporters of grapes, together making up 56% of total exports. The following exporters – China, Hong Kong SAR (201K tonnes), China (190K tonnes), Afghanistan (176K tonnes), India (172K tonnes), Turkey (166K tonnes) and Spain (161K tonnes) – each recorded a 23% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Afghanistan, while the other global leaders experienced more modest paces of growth.

In value terms, the largest grape markets worldwide were Chile ($1.2B), the U.S. ($925M) and Peru ($820M), together accounting for 36% of global exports.

Among the main exporting countries, Peru recorded the highest growth rate of exports, over the last eleven years, while the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average grape export price amounted to $1,806 per tonne, rising by 2.8% against the previous year. Overall, the grape export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of 7.8% against the previous year. Global export price peaked at $1,915 per tonne in 2014; however, from 2015 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($2,706 per tonne), while Afghanistan ($595 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other global leaders experienced more modest paces of growth.

Imports 2007-2018

In 2018, the amount of grapes imported worldwide totaled 4.5M tonnes, picking up by 3.4% against the previous year. The total import volume increased at an average annual rate of +2.3% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when Imports increased by 12% y-o-y. Global imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, grape imports totaled $8.5B in 2018. The total import value increased at an average annual rate of +3.2% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2008 with an increase of 13% against the previous year. Over the period under review, global grape imports attained their peak figure in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, the U.S. (587K tonnes), China (393K tonnes), the Netherlands (386K tonnes), Germany (315K tonnes), Russia (296K tonnes), the UK (273K tonnes), China, Hong Kong SAR (238K tonnes), Canada (185K tonnes), Thailand (176K tonnes), France (118K tonnes), Poland (115K tonnes) and Mexico (97K tonnes) were the largest importers of grapes in the world, creating 71% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($1B), Germany ($750M) and China ($743M) appeared to be the countries with the highest levels of imports in 2018, with a combined 30% share of global imports.

China experienced the highest rates of growth with regard to imports, among the main importing countries over the last eleven-year period, while the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average grape import price stood at $1,905 per tonne in 2018, flattening at the previous year. Over the period under review, the grape import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 when the average import price increased by 11% year-to-year. In that year, the average import prices for grapes attained their peak level of $1,999 per tonne. From 2013 to 2018, the growth in terms of the average import prices for grapes remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the UK ($2,535 per tonne), while Russia ($1,094 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Thailand, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

plum

Global Plum And Sloe Market Reached $15.7B in 2018

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

The global plum and sloe market revenue amounted to $15.7B in 2018, going up by 12% 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 +4.7% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 with an increase of 13% y-o-y. Global plum and sloe consumption peaked in 2018 and is expected to retain its growth in the near future.

Consumption By Country

China (7.1M tonnes) constituted the country with the largest volume of plum and sloe consumption, accounting for 59% of total consumption. Moreover, plum and sloe consumption in China exceeded the figures recorded by the world’s second largest consumer, Romania (453K tonnes), more than tenfold. The U.S. (420K tonnes) ranked third in terms of total consumption with a 3.5% share.

In China, plum and sloe consumption expanded at an average annual rate of +3.6% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Romania (+1.8% per year) and the U.S. (+1.7% per year).

In value terms, China ($10B) led the market, alone. The second position in the ranking was occupied by the U.S. ($757M). It was followed by Iran.

The countries with the highest levels of plum and sloe per capita consumption in 2018 were Serbia (33 kg per person), Romania (23 kg per person) and Morocco (5,363 kg per 1000 persons).

From 2007 to 2018, the most notable rate of growth in terms of plum and sloe per capita consumption, amongst the main consuming countries, was attained by Morocco, while the other global leaders experienced more modest paces of growth.

Market Forecast 2019-2025

Driven by increasing demand for plum and sloe worldwide, the market is expected to continue an upward consumption trend over the next seven year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.8% for the seven-year period from 2018 to 2025, which is projected to bring the market volume to 14M tonnes by the end of 2025.

Production 2007-2018

Global plum and sloe production amounted to 12M tonnes in 2018, going up by 2.9% against the previous year. The total output volume increased at an average annual rate of +2.3% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The growth pace was the most rapid in 2009 when production volume increased by 6.3% y-o-y. Global plum and sloe production peaked in 2018 and is expected to retain its growth in the near future. The general positive trend in terms of plum and sloe output was largely conditioned by a measured expansion of the harvested area and a slight increase in yield figures.

In value terms, plum and sloe production totaled $16.3B in 2018 estimated in export prices. In general, the total output indicated a strong expansion from 2007 to 2018: its value increased at an average annual rate of +2.3% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the plum and sloe production increased by +25.6% against 2016 indices. The pace of growth appeared the most rapid in 2018 with an increase of 16% year-to-year. In that year, global plum and sloe production reached its peak level and is likely to continue its growth in the immediate term.

Production By Country

China (7M tonnes) constituted the country with the largest volume of plum and sloe production, comprising approx. 58% of total production. Moreover, plum and sloe production in China exceeded the figures recorded by the world’s second largest producer, Romania (441K tonnes), more than tenfold. The U.S. (430K tonnes) ranked third in terms of total production with a 3.5% share.

From 2007 to 2018, the average annual rate of growth in terms of volume in China stood at +3.5%. In the other countries, the average annual rates were as follows: Romania (+1.5% per year) and the U.S. (+1.6% per year).

Harvested Area 2007-2018

In 2018, approx. 2.7M ha of plums and sloes were harvested worldwide; increasing by 1.6% against the previous year. The harvested area increased at an average annual rate of +1.2% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 4.8% year-to-year. In that year, the global plum and sloe harvested area reached its peak figure of 2.7M ha. From 2014 to 2018, the growth of the global plum and sloe harvested area remained at a somewhat lower figure.

Yield 2007-2018

Global average plum and sloe yield totaled 4.6 tonne per ha in 2018, therefore, remained relatively stable against the previous year. The yield figure increased at an average annual rate of +1.1% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2009 when Yield increased by 4.8% year-to-year. Over the period under review, the average plum and sloe yield attained its maximum level in 2018 and is expected to retain its growth in the near future.

Exports 2007-2018

In 2018, the global exports of plums and sloes stood at 615K tonnes, leveling off at the previous year. The total export volume increased at an average annual rate of +1.2% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2011 when exports increased by 12% against the previous year. Over the period under review, global plum and sloe exports attained their maximum at 689K tonnes in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

In value terms, plum and sloe exports totaled $776M in 2018. The total export value increased at an average annual rate of +1.9% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2008 with an increase of 16% against the previous year. Over the period under review, global plum and sloe exports reached their peak figure at $838M in 2013; however, from 2014 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, Chile (121K tonnes), distantly followed by Spain (73K tonnes), South Africa (58K tonnes), Moldova (53K tonnes), Italy (45K tonnes), China, Hong Kong SAR (43K tonnes), the U.S. (33K tonnes) and Uzbekistan (28K tonnes) represented the largest exporters of plums and sloes, together making up 74% of total exports. Serbia (16K tonnes), Turkey (14K tonnes), France (13K tonnes) and the Netherlands (11K tonnes) occupied a minor share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Moldova, while the other global leaders experienced more modest paces of growth.

In value terms, Chile ($174M), Spain ($113M) and South Africa ($78M) appeared to be the countries with the highest levels of exports in 2018, with a combined 47% share of global exports. These countries were followed by China, Hong Kong SAR, the U.S., Italy, Moldova, the Netherlands, Uzbekistan, France, Turkey and Serbia, which together accounted for a further 39%.

Moldova experienced the highest rates of growth with regard to exports, among the main exporting countries over the last eleven year period, while the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average plum and sloe export price amounted to $1,262 per tonne, surging by 3.7% against the previous year. In general, the plum and sloe export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of 11% against the previous year. Over the period under review, the average export prices for plums and sloes attained their maximum at $1,317 per tonne in 2014; however, from 2015 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($1,862 per tonne), while Moldova ($528 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other global leaders experienced more modest paces of growth.

Imports 2007-2018

In 2018, approx. 575K tonnes of plums and sloes were imported worldwide; dropping by -6.6% against the previous year. The total import volume increased at an average annual rate of +1.1% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 12% y-o-y. Over the period under review, global plum and sloe imports reached their peak figure at 659K tonnes in 2013; however, from 2014 to 2018, imports remained at a lower figure.

In value terms, plum and sloe imports totaled $721M in 2018. The total import value increased at an average annual rate of +1.0% over the period from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2016 when Imports increased by 16% y-o-y. Over the period under review, global plum and sloe imports attained their maximum at $849M in 2013; however, from 2014 to 2018, imports remained at a lower figure.

Imports by Country

China (93K tonnes) and Russia (77K tonnes) represented roughly 30% of total imports of plums and sloes in 2018. It was distantly followed by the Netherlands (38K tonnes), Germany (32K tonnes) and the UK (30K tonnes), together committing a 17% share of total imports. The U.S. (23K tonnes), Kazakhstan (19K tonnes), Brazil (16K tonnes), Canada (15K tonnes), China, Hong Kong SAR (13K tonnes), Egypt (13K tonnes) and Saudi Arabia (12K tonnes) occupied a relatively small share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Kazakhstan (+59.5% per year), while the other global leaders experienced more modest paces of growth.

In value terms, China ($155M) constitutes the largest market for imported plums and sloes worldwide, comprising 21% of global imports. The second position in the ranking was occupied by Russia ($56M), with a 7.8% share of global imports. It was followed by the Netherlands, with a 7% share.

In China, plum and sloe imports increased at an average annual rate of +24.0% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Russia (+3.9% per year) and the Netherlands (-3.2% per year).

Import Prices by Country

In 2018, the average plum and sloe import price amounted to $1,255 per tonne, standing approx. at the previous year. Over the period under review, the plum and sloe import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average import price increased by 3.5% year-to-year. Over the period under review, the average import prices for plums and sloes reached their maximum at $1,328 per tonne in 2014; however, from 2015 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Canada ($1,901 per tonne), while Kazakhstan ($722 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Global Beef Market 2019 – Rising Demand In China Boosts Imports Up, Securing New Opportunities For Foreign Suppliers

IndexBox has just published a new report: ‘World – Beef (Cattle Meat) – Market Analysis, Forecast, Size, Trends and Insights’. Here is a summary of the report’s key findings.

The global beef market revenue amounted to $385.7B in 2018, growing by 5.1% 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 +3.2% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of 11% year-to-year. Global beef consumption peaked in 2018 and is expected to retain its growth in the near future.

Production 2007-2018

In 2018, approx. 70M tonnes of beef (cattle meat) were produced worldwide; flattening at the previous year. In general, beef production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when Production Volume increased by 1.8% against the previous year. Over the period under review, global beef production reached its peak figure volume in 2018 and is likely to continue its growth in the immediate term. The general positive trend in terms of beef output was largely conditioned by a relatively flat trend pattern of the number of producing animals and a relatively flat trend pattern in yield figures.

In value terms, beef production stood at $392.3B in 2018 estimated in export prices. The total output value increased at an average annual rate of +4.3% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 with an increase of 19% y-o-y. Global beef production peaked in 2018 and is likely to see steady growth in the immediate term.

Exports 2007-2018

In 2018, approx. 8.1M tonnes of beef (cattle meat) were exported worldwide; approximately equating the previous year. The total export volume increased at an average annual rate of +1.6% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 10% against the previous year. Over the period under review, global beef exports attained their peak figure at 8.2M tonnes in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

In value terms, beef exports amounted to $40.7B in 2018. In general, the total exports indicated a resilient increase from 2007 to 2018: its value increased at an average annual rate of +1.6% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the beef exports increased by +6.0% against 2016 indices. The growth pace was the most rapid in 2008 with an increase of 18% against the previous year. Over the period under review, global beef exports attained their maximum at $44.1B in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, Brazil (1.3M tonnes), followed by Australia (857K tonnes), the U.S. (691K tonnes), New Zealand (436K tonnes), Ireland (410K tonnes), the Netherlands (383K tonnes) and Argentina (367K tonnes) were the major exporters of beef (cattle meat), together mixing up 55% of total exports. Canada (345K tonnes), India (337K tonnes), Poland (325K tonnes), Uruguay (283K tonnes) and Germany (266K tonnes) took a relatively small share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Poland, while the other global leaders experienced more modest paces of growth.

In value terms, the largest beef markets worldwide were Brazil ($5.3B), the U.S. ($4.8B) and Australia ($4.7B), together comprising 36% of global exports. Ireland, the Netherlands, New Zealand, Argentina, Canada, Uruguay, Poland, Germany and India lagged somewhat behind, together comprising a further 40%.

In terms of the main exporting countries, Poland experienced the highest rates of growth with regard to exports, over the last eleven year period, while the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average beef export price amounted to $5,052 per tonne, leveling off at the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +2.3%. The pace of growth was the most pronounced in 2008 when the average export price increased by 20% year-to-year. Over the period under review, the average export prices for beef (cattle meat) attained their maximum at $5,370 per tonne in 2014; however, from 2015 to 2018, export prices remained at a lower figure.

There were significant differences in the average Export Price prices amongst the major exporting countries. In 2018, the country with the highest Export Price price was the U.S. ($6,894 per tonne), while India ($3,448 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of Export Price prices was attained by India, while the other global leaders experienced more modest paces of growth.

Imports 2007-2018

In 2018, the global imports of beef (cattle meat) stood at 9.5M tonnes, increasing by 4.3% against the previous year. The total import volume increased at an average annual rate of +2.3% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 7.4% year-to-year. Global imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, beef imports totaled $47.3B in 2018. Overall, the total imports indicated a remarkable increase from 2007 to 2018: its value increased at an average annual rate of +2.3% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the beef imports increased by +15.4% against 2016 indices. The most prominent rate of growth was recorded in 2011 when Imports increased by 16% year-to-year. Over the period under review, global beef imports reached their maximum in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, China (1M tonnes), the U.S. (912K tonnes), Viet Nam (619K tonnes), Japan (610K tonnes), South Korea (442K tonnes), China, Hong Kong SAR (439K tonnes), Italy (386K tonnes), Germany (367K tonnes), Russia (359K tonnes), the Netherlands (356K tonnes), the UK (294K tonnes) and France (247K tonnes) represented the largest importers of beef (cattle meat) in the world, mixing up 64% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while the other global leaders experienced more modest paces of growth.

In value terms, the largest beef importing markets worldwide were the U.S. ($5B), China ($4.7B) and Japan ($3.5B), together accounting for 28% of global imports.

China recorded the highest growth rate of imports, in terms of the main importing countries over the last eleven years, while the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average beef import price amounted to $4,996 per tonne, increasing by 2.2% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2008 an increase of 18% year-to-year. Global import price peaked at $5,104 per tonne in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

There were significant differences in the average Import Price prices amongst the major importing countries. In 2018, the country with the highest Import Price price was South Korea ($6,415 per tonne), while Viet Nam ($3,258 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of Import Price prices was attained by the U.S., while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

almond

Global Almond Market 2019 – After Five Years of Robust Growth of In-Shell Nut Imports, India Emerges as the Most Promising Market

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

The global almond market revenue amounted to $10.5B in 2018, going up by 6.5% 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). In general, the total market indicated remarkable growth from 2007 to 2018: its value increased at an average annual rate of +2.4% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the almond consumption increased by +62.4% against 2008 indices. The pace of growth was the most pronounced in 2011, when the market value increased by 18% against the previous year. Global almond consumption peaked in 2018, and is likely to continue its growth in the immediate term.

Production 2007-2018

Global almond production stood at 2.4M tonnes in 2018, rising by 3.8% against the previous year. The total output volume increased at an average annual rate of +2.8% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being recorded over the period under review. The growth pace was the most rapid in 2011, when the output figure increased by 13% year-to-year. Global almond production peaked in 2018, and is expected to retain its growth in the near future. The general positive trend in terms of almond output was largely conditioned by a measured increase of the harvested area and a slight growth in yield figures.

Exports 2007-2018

Global exports totaled 306K tonnes in 2018, coming down by -6.2% against the previous year. Overall, the total exports indicated strong growth from 2007 to 2018: its volume increased at an average annual rate of +7.0% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. In value terms, almond exports amounted to $1.3B (IndexBox estimates) in 2018.

Exports by Country

In 2018, the U.S. (204K tonnes) represented the major exporter for almonds, generating 67% of total exports. China, Hong Kong SAR (36K tonnes) ranks second in terms of the total exports with a 12% share, followed by Australia (7%) and Benin (6.8%). The United Arab Emirates (7K tonnes) followed a long way behind the leaders.

Exports from the U.S. increased at an average annual rate of +11.5% from 2007 to 2018. At the same time, Australia (+12.1%) and the United Arab Emirates (+7.6%) displayed positive paces of growth. Moreover, Australia emerged as the fastest growing exporter in the world, with a CAGR of +12.1% from 2007-2018. Benin and China, Hong Kong SAR experienced a relatively flat trend pattern. From 2007 to 2018, the share of the U.S. and Australia increased by +47% and +5% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($993M) remains the largest almond supplier worldwide, comprising 76% of global exports. The second position in the ranking was occupied by China, Hong Kong SAR ($117M), with a 9% share of global exports. It was followed by Australia, with a 8.1% share.

Export Prices by Country

The average almond export price stood at $4,284 per tonne in 2018, therefore, remained relatively stable against the previous year. In general, the export price indicated remarkable growth from 2007 to 2018: its price increased at an average annual rate of +4.4% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the almond export price decreased by -1.4% against 2015 indices. There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was Australia ($4,963 per tonne), while Benin ($448 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by China, Hong Kong SAR, while the other global leaders experienced more modest paces of growth.

Imports 2007-2018

In 2018, approx. 299K tonnes of almonds were imported worldwide; going down by -2% against the previous year. The total import volume increased at an average annual rate of +2.8% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2016, with an increase of 20% against the previous year. Global imports peaked at 325K tonnes in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure. In value terms, almond imports totaled $1.4B (IndexBox estimates) in 2018. Overall, almond imports, however, continue to indicate remarkable expansion. The pace of growth was the most pronounced in 2011, with an increase of 19% y-o-y. Over the period under review, global almond imports attained their maximum at $1.4B in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, India (131K tonnes) represented the key importer for almonds, making up 44% of total imports. It was distantly followed by Viet Nam (61K tonnes), China, Hong Kong SAR (46K tonnes) and China (15K tonnes), together committing 41% share of total imports. The following importers – the United Arab Emirates (6.2K tonnes), Japan (5.8K tonnes) and Spain (5.8K tonnes) – each amounted to a 5.9% share of total imports.

Imports into India increased at an average annual rate of +9.8% from 2007 to 2018. At the same time, China (+21.6%), China, Hong Kong SAR (+16.8%), Spain (+7.4%) and the United Arab Emirates (+7.0%) displayed positive paces of growth. Moreover, China emerged as the fastest growing importer in the world, with a CAGR of +21.6% from 2007-2018. Japan experienced a relatively flat trend pattern. By contrast, Viet Nam (-6.0%) illustrated a downward trend over the same period. While the share of India (+28 p.p.), China, Hong Kong SAR (+13 p.p.) and China (+4.3 p.p.) increased significantly in terms of the global imports from 2007-2018, the share of Viet Nam (-19.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($666M) constitutes the largest market for imported almonds worldwide, comprising 48% of global imports. The second position in the ranking was occupied by Viet Nam ($243M), with a 17% share of global imports. It was followed by China, Hong Kong SAR, with a 15% share.

Import Prices by Country

The average almond import price stood at $4,675 per tonne in 2018, approximately reflecting the previous year. Over the period under review, the almond import price continues to indicate strong growth. There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was Japan ($6,976 per tonne), while Spain ($3,921 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Viet Nam, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

avocado

Global Avocado Market 2019 – Mexican Exporters Enjoy New Growth Momentum, Thanks To Rising Demand In the U.S.

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

The global avocado market revenue amounted to $13.5B in 2018, reducing by -9.3% 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). Overall, avocado consumption continues to indicate a remarkable expansion. The pace of growth was the most pronounced in 2017 with an increase of 29% y-o-y. In that year, the global avocado market attained its peak level of $14.9B, and then declined slightly in the following year.

Production 2007-2018

In 2018, the amount of avocados produced worldwide amounted to 6.4M tonnes, rising by 6% against the previous year. Overall, the total output indicated a strong expansion from 2007 to 2018: its volume increased at an average annual rate of +5.3% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the avocado production increased by +85.2% against 2008 indices. The most prominent rate of growth was recorded in 2009 with an increase of 13% y-o-y. Over the period under review, global avocado production attained its peak figure volume in 2018 and is expected to retain its growth in the immediate term. The general positive trend in terms of avocado output was largely conditioned by remarkable growth of the harvested area and a modest expansion in yield figures.

In value terms, avocado production stood at $12.9B in 2018 estimated in export prices. Over the period under review, avocado production continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2017 when the output figure increased by 40% against the previous year. In that year, global avocado production attained its peak level of $15.6B, and then declined slightly in the following year.

Exports 2007-2018

In 2018, approx. 2.4M tonnes of avocados were exported worldwide; growing by 23% against the previous year. In general, avocado exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2018 when exports increased by 23% y-o-y. In that year, global avocado exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, avocado exports totaled $5.6B in 2018. Overall, avocado exports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of 36% against the previous year. Global exports peaked at $5.8B in 2017, and then declined slightly in the following year.

Exports by Country

Mexico represented the major exporting country with an export of around 1.1M tonnes, which reached 45% of total exports. It was distantly followed by Peru (361K tonnes), the Netherlands (246K tonnes) and Chile (133K tonnes), together comprising a 31% share of total exports. The following exporters – Spain (106K tonnes), South Africa (85K tonnes), Kenya (72K tonnes) and the U.S. (68K tonnes) – together made up 14% of total exports.

From 2007 to 2018, average annual rates of growth with regard to avocado exports from Mexico stood at +12.5%. At the same time, Peru (+20.8%), the U.S. (+19.6%), the Netherlands (+18.2%), Kenya (+14.3%), Spain (+7.3%) and South Africa (+6.3%) displayed positive paces of growth. Moreover, Peru emerged as the fastest growing exporter in the world, with a CAGR of +20.8% from 2007-2018. By contrast, Chile (-1.1%) illustrated a downward trend over the same period. Mexico (+33 p.p.), Peru (+13 p.p.), the Netherlands (+8.6 p.p.), the U.S. (+2.4 p.p.), Spain (+2.4 p.p.), Kenya (+2.3 p.p.) and South Africa (+1.7 p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($2.4B) remains the largest avocado supplier worldwide, comprising 43% of global exports. The second position in the ranking was occupied by the Netherlands ($734M), with a 13% share of global exports. It was followed by Peru, with a 13% share.

In Mexico, avocado exports increased at an average annual rate of +13.4% over the period from 2007-2018. In the other countries, the average annual rates were as follows: the Netherlands (+21.6% per year) and Peru (+23.1% per year).

Export Prices by Country

In 2018, the average avocado export price amounted to $2,308 per tonne, lowering by -22% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2017 when the average export price increased by 25% y-o-y. In that year, the average export prices for avocados attained their peak level of $2,960 per tonne, and then declined slightly in the following year.

Export prices varied noticeably by the country of origin; the country with the highest export price was Spain ($3,160 per tonne), while Kenya ($1,646 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Chile, while the other global leaders experienced more modest paces of growth.

Imports 2007-2018

In 2018, the amount of avocados imported worldwide stood at 2.4M tonnes, growing by 12% against the previous year. Overall, avocado imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2010 when imports increased by 25% against the previous year. Over the period under review, global avocado imports attained their maximum in 2018 and are expected to retain its growth in the immediate term.

In value terms, avocado imports amounted to $5.9B in 2018. Overall, avocado imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2011 with an increase of 32% year-to-year. Global imports peaked at $6.3B in 2017, and then declined slightly in the following year.

Imports by Country

The U.S. was the key importing country with an import of around 1M tonnes, which accounted for 43% of total imports. The Netherlands (258K tonnes) held the second position in the ranking, followed by France (144K tonnes), the UK (118K tonnes) and Spain (115K tonnes). All these countries together took near 26% share of total imports. Canada (93K tonnes), Germany (93K tonnes), Japan (74K tonnes) and China (54K tonnes) followed a long way behind the leaders.

Imports into the U.S. increased at an average annual rate of +10.4% from 2007 to 2018. At the same time, China (+136.2%), the Netherlands (+16.0%), Spain (+15.1%), Germany (+14.6%), Canada (+13.5%), Japan (+9.8%), the UK (+9.1%) and France (+2.3%) displayed positive paces of growth. Moreover, China emerged as the fastest growing importer in the world, with a CAGR of +136.2% from 2007-2018. The U.S. (+29 p.p.), the Netherlands (+8.6 p.p.), Spain (+3.8 p.p.), the UK (+3 p.p.), Germany (+3 p.p.), Canada (+2.9 p.p.), China (+2.2 p.p.) and Japan (+2 p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($2.4B) constitutes the largest market for imported avocados worldwide, comprising 42% of global imports. The second position in the ranking was occupied by the Netherlands ($539M), with a 9.2% share of global imports. It was followed by France, with a 7% share.

In the U.S., avocado imports expanded at an average annual rate of +13.4% over the period from 2007-2018. In the other countries, the average annual rates were as follows: the Netherlands (+17.1% per year) and France (+6.5% per year).

Import Prices by Country

The average avocado import price stood at $2,439 per tonne in 2018, dropping by -16.8% against the previous year. Over the last eleven year period, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2011 an increase of 23% year-to-year. Global import price peaked at $2,931 per tonne in 2017, and then declined slightly in the following year.

Import prices varied noticeably by the country of destination; the country with the highest import price was Germany ($3,414 per tonne), while Spain ($1,920 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Germany, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Global Vegetable Market 2019 – Resilient Growth of Potato Consumption in China and India Shapes Overall Market Trend

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

The global vegetable market revenue amounted to $1,249.8B in 2018, picking up by 2.4% 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 +4.1% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2010, with an increase of 8.1% against the previous year. Global vegetable consumption peaked in 2018, and is likely to continue its growth in the immediate term.

Production 2007-2018

Global vegetable production stood at 1,555M tonnes in 2018, jumping by 3.2% against the previous year. The total output volume increased at an average annual rate of +2.8% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period.

Exports 2007-2018

In 2018, approx. 47M tonnes of vegetables were exported worldwide; standing approx. at the previous year. The total export volume increased at an average annual rate of +1.7% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded over the period under review. In value terms, vegetable exports amounted to $42.3B (IndexBox estimates) in 2018.

Exports by Country

The Netherlands (6.1M tonnes), Mexico (5.8M tonnes), Spain (5.1M tonnes), China (4.3M tonnes), France (3.5M tonnes), Germany (2.7M tonnes) and the U.S. (2.4M tonnes) represented roughly 64% of total exports of vegetables in 2018. The following exporters – Canada (1.4M tonnes), Belgium (1.3M tonnes), India (1.2M tonnes), Egypt (1.1M tonnes) and Italy (864K tonnes) – together made up 13% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Mexico, while the other global leaders experienced more modest paces of growth.

In value terms, Spain ($6.7B), the Netherlands ($6.5B) and Mexico ($6.2B) constituted the countries with the highest levels of exports in 2018, together comprising 46% of global exports.

Export Prices by Country

The average vegetable export price stood at $899 per tonne in 2018, leveling off at the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2017, when the average export price increased by 6.6% against the previous year. In that year, the average export prices for vegetables reached their peak level of $910 per tonne, and then declined slightly in the following year.

Export prices varied noticeably by the country of origin; the country with the highest export price was Italy ($1,679 per tonne), while Germany ($342 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Canada, while the other global leaders experienced more modest paces of growth.

Imports 2007-2018

In 2018, approx. 47M tonnes of vegetables were imported worldwide; approximately mirroring the previous year. The total import volume increased at an average annual rate of +1.8% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2010, when imports increased by 7.2% year-to-year. Over the period under review, global vegetable imports attained their peak figure at 49M tonnes in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure. In value terms, vegetable imports totaled $41.9B (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +2.7% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010, when imports increased by 17% year-to-year. Global imports peaked at $42.5B in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, the U.S. (7.4M tonnes), distantly followed by Germany (3.8M tonnes), the Netherlands (3.1M tonnes), Russia (2.2M tonnes) and the UK (2.2M tonnes) were the key importers of vegetables, together achieving 39% of total imports. The following importers – Belgium (1.9M tonnes), Canada (1.9M tonnes), France (1.9M tonnes), Malaysia (1.4M tonnes), Italy (1.2M tonnes), Spain (1.2M tonnes) and Indonesia (819K tonnes) – together made up 22% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the U.S., while the other global leaders experienced more modest paces of growth.

In value terms, the largest vegetable importing markets worldwide were the U.S. ($8.5B), Germany ($5.1B) and the UK ($3B), with a combined 40% share of global imports. These countries were followed by Canada, France, the Netherlands, Russia, Belgium, Italy, Spain, Malaysia and Indonesia, which together accounted for a further 30%.

Import Prices by Country

The average vegetable import price stood at $884 per tonne in 2018, approximately mirroring the previous year. Overall, the vegetable import price, however, continues to indicate a relatively flat trend pattern. There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was the UK ($1,367 per tonne), while Malaysia ($472 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Spain, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

tomato

Global Tomato Market 2019 – Robust Consumption Growth in China and India Drives the Global Market

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

The global tomato market revenue amounted to $190.4B in 2018, rising by 6.5% 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 +3.1% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011, when the market value increased by 9.6% y-o-y. Over the period under review, the global tomato market reached its peak figure level at $196.1B in 2014; however, from 2015 to 2018, consumption remained at a lower figure.

Production 2007-2018

In 2018, the amount of tomatoes produced worldwide stood at 188M tonnes, rising by 3.5% against the previous year. The total output volume increased at an average annual rate of +2.9% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2009, with an increase of 9.8% against the previous year. Global tomato production peaked in 2018, and is likely to see steady growth in the immediate term. The general positive trend in terms of tomato output was largely conditioned by moderate growth of the harvested area and a mild increase in yield figures.

Exports 2007-2018

Global exports stood at 7.3M tonnes in 2018, therefore, remained relatively stable against the previous year. The total export volume increased at an average annual rate of +1.6% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations in certain years. In value terms, tomato exports totaled $9.7B (IndexBox estimates) in 2018.

Exports by Country

In 2018, Mexico (1.8M tonnes), distantly followed by the Netherlands (1.1M tonnes), Spain (797K tonnes), Morocco (550K tonnes) and Turkey (364K tonnes) represented the largest exporters of tomatoes, together constituting 63% of total exports. France (287K tonnes), Belgium (220K tonnes), the U.S. (216K tonnes), Canada (191K tonnes), Azerbaijan (172K tonnes), Lithuania (157K tonnes) and China (143K tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Azerbaijan, while the other global leaders experienced more modest paces of growth.

In value terms, Mexico ($2.3B), the Netherlands ($1.9B) and Spain ($1.3B) constituted the countries with the highest levels of exports in 2018, together comprising 57% of global exports. Morocco, Canada, France, Turkey, the U.S., Belgium, Lithuania, Azerbaijan and China lagged somewhat behind, together comprising a further 32%.

Export Prices by Country

The average tomato export price stood at $1,326 per tonne in 2018, jumping by 4.7% against the previous year. Over the last eleven year period, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2010, when the average export price increased by 18% y-o-y. Over the period under review, the average export prices for tomatoes attained their maximum in 2018, and is expected to retain its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was Canada ($2,159 per tonne), while Turkey ($894 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Azerbaijan, while the other global leaders experienced more modest paces of growth.

Imports 2007-2018

In 2018, the amount of tomatoes imported worldwide stood at 6.8M tonnes, growing by 4.7% against the previous year. The total import volume increased at an average annual rate of +1.5% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded over the period under review. The growth pace was the most rapid in 2009, with an increase of 9.7% against the previous year. Over the period under review, global tomato imports reached their maximum at 7.2M tonnes in 2014; however, from 2015 to 2018, imports remained at a lower figure. In value terms, tomato imports amounted to $9B (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +2.1% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010, when imports increased by 12% against the previous year. Over the period under review, global tomato imports reached their maximum at $9.3B in 2014; however, from 2015 to 2018, imports remained at a lower figure.

Imports by Country

The U.S. represented the key importer of tomatoes in the world, with the volume of imports finishing at 1.9M tonnes, which was approx. 27% of total imports in 2018. It was distantly followed by Germany (729K tonnes), Russia (578K tonnes), France (493K tonnes) and the UK (418K tonnes), together mixing up a 33% share of total imports. The Netherlands (230K tonnes), Canada (228K tonnes), Pakistan (182K tonnes), Poland (153K tonnes), Spain (147K tonnes) and Italy (129K tonnes) took a minor share of total imports.

From 2007 to 2018, average annual rates of growth with regard to tomato imports into the U.S. stood at +5.1%. At the same time, Pakistan (+27.5%), Poland (+6.1%), Italy (+3.9%), the Netherlands (+1.6%) and Canada (+1.3%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest growing importer in the world, with a CAGR of +27.5% from 2007-2018. Germany, Russia, France, the UK and Spain experienced a relatively flat trend pattern. From 2007 to 2018, the share of the U.S. and Pakistan increased by +12% and +2.5% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($2.5B), Germany ($1.5B) and the UK ($700M) appeared to be the countries with the highest levels of imports in 2018, together comprising 52% of global imports. These countries were followed by France, Russia, Canada, the Netherlands, Poland, Italy, Spain and Pakistan, which together accounted for a further 29%.

Import Prices by Country

The average tomato import price stood at $1,331 per tonne in 2018, shrinking by -3.8% against the previous year. In general, the tomato import price, however, continues to indicate a relatively flat trend pattern. Import prices varied noticeably by the country of destination; the country with the highest import price was Germany ($2,017 per tonne), while Pakistan ($520 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Spain, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

cherry

Global Cherry Market 2019: Chile Emerged As The Largest Exporter

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

The global cherry market revenue amounted to $12.3B in 2018, increasing by 11% 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 +3.8% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016, when the market value increased by 18% against the previous year. Global cherry consumption peaked in 2018, and is expected to retain its growth in the immediate term.

Production 2007-2018

In 2018, the amount of cherries produced worldwide stood at 3.9M tonnes, going up by 4.2% against the previous year. The total output volume increased at an average annual rate of +2.1% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years.

Exports 2007-2018

In 2018, the global cherry exports amounted to 558K tonnes, declining by -3.2% against the previous year. In general, cherry exports, however, continue to indicate a strong expansion. In value terms, cherry exports stood at $2.1B (IndexBox estimates) in 2018. Over the period under review, cherry exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2016, with an increase of 53% against the previous year. In that year, global cherry exports attained their peak of $2.8B. From 2017 to 2018, the growth of global cherry exports remained at a lower figure.

Exports by Country

In 2018, Chile (146K tonnes), distantly followed by the U.S. (87K tonnes), Turkey (60K tonnes), Uzbekistan (36K tonnes) and Spain (31K tonnes) represented the main exporters of cherries, together constituting 64% of total exports. Azerbaijan (24K tonnes), Greece (21K tonnes), Australia (19K tonnes), Moldova (15K tonnes), Italy (13K tonnes), Serbia (13K tonnes) and Poland (11K tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Australia, while the other global leaders experienced more modest paces of growth.

In value terms, the largest cherry markets worldwide were Chile ($760M), the U.S. ($522M) and Turkey ($166M), with a combined 70% share of global exports. These countries were followed by Spain, Uzbekistan, Australia, Italy, Greece, Azerbaijan, Moldova, Serbia and Poland, which together accounted for a further 19%.

Export Prices by Country

In 2018, the average cherry export price amounted to $3,691 per tonne, lowering by -8% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +1.4%. There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was the U.S. ($5,986 per tonne), while Poland ($910 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Moldova, while the other global leaders experienced more modest paces of growth.

Imports 2007-2018

In 2018, approx. 789K tonnes of cherries were imported worldwide; increasing by 30% against the previous year. Over the period under review, cherry imports continue to indicate a strong increase. In value terms, cherry imports amounted to $3.4B (IndexBox estimates) in 2018.

Imports by Country

China represented the key importing country with an import of around 324K tonnes, which resulted at 41% of total imports. Russia (92K tonnes) held a 12% share (based on tonnes) of total imports, which put it in second place, followed by China, Hong Kong SAR (11%) and Germany (5.9%). The following importers – Canada (28K tonnes), Kazakhstan (25K tonnes), South Korea (19K tonnes), Belarus (14K tonnes), Taiwan, Chinese (14K tonnes) and the U.S. (13K tonnes) – together made up 14% of total imports.

From 2007 to 2018, average annual rates of growth with regard to cherry imports into China stood at +49.3%. At the same time, Kazakhstan (+91.7%), Belarus (+29.9%), China, Hong Kong SAR (+23.6%), South Korea (+14.7%), Russia (+3.7%) and Taiwan, Chinese (+2.1%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest growing importer in the world, with a CAGR of +91.7% from 2007-2018. Germany and Canada experienced a relatively flat trend pattern.

By contrast, the U.S. (-1.6%) illustrated a downward trend over the same period. Belarus (-1.7%), South Korea (-1.9%), Kazakhstan (-3.2%), Russia (-3.8%), China, Hong Kong SAR (-9.5%) and China (-40.6%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($1.8B) constitutes the largest market for imported cherries worldwide, comprising 52% of global imports. The second position in the ranking was occupied by China, Hong Kong SAR ($409M), with a 12% share of global imports. It was followed by South Korea, with a 4.6% share.

Import Prices by Country

In 2018, the average cherry import price amounted to $4,298 per tonne, remaining relatively unchanged against the previous year. Over the last eleven year period, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2016, when the average import price increased by 20% year-to-year. In that year, the average import prices for cherries attained their peak level of $4,492 per tonne. From 2017 to 2018, the growth in terms of the average import prices for cherries failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was South Korea ($8,002 per tonne), while Russia ($1,345 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Taiwan, Chinese, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

persimmon

Persimmon Market in the Middle East – Key Insights

IndexBox has just published a new report, the Middle East – Persimmons – Market Analysis, Forecast, Size, Trends and Insights. Here is a summary of the report’s key findings.

The revenue of the persimmon market in Middle East amounted to $75M in 2017, growing by 10% 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 total market indicated a remarkable expansion from 2012 to 2017: its value increased at an average annual rate of +9.4% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

Based on 2017 figures, the persimmon consumption increased by +72.2% against 2012 indices. The most prominent rate of growth was recorded in 2013, when it surged by 32% year-to-year. Over the period under review, the persimmon market reached its peak figure level in 2017, and is likely to see steady growth in the immediate term.

Production in the Middle East

In 2017, the amount of persimmons produced in Middle East stood at 60K tonnes, growing by 2.4% against the previous year. The total output volume increased at an average annual rate of +4.4% from 2012 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.

Persimmon Exports

The exports totaled 7.6K tonnes in 2017, rising by 21% against the previous year. The persimmon exports continue to indicate a drastic decrease. In value terms, persimmon exports stood at $12M (IndexBox estimates) in 2017.

Exports by Country

Israel was the key exporting countries with an export of around 5.5K tonnes, which amounted to 72% of total exports. It was distantly followed by Iran (1.1K tonnes) and the United Arab Emirates (572 tonnes), together constituting 21% share of total exports. Lebanon (300 tonnes) held the minor share of total exports.

From 2012 to 2017, average annual rates of growth with regard to persimmon exports from Israel stood at -13.3%. At the same time, the United Arab Emirates (+285.1%) and Iran (+43.6%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest growing exporter in Middle East, with a CAGR of +285.1% from 2012-2017. By contrast, Lebanon (-30.0%) illustrated a downward trend over the same period. While the share of Israel (75%) and Lebanon (19%) increased significantly in terms of the global exports from 2012-2017, the share of the United Arab Emirates (-7.5%) and Iran (-11.7%) displayed negative dynamics.

In value terms, Israel ($11M) remains the largest persimmon supplier in Middle East, comprising 91% of global exports. The second position in the ranking was occupied by the United Arab Emirates ($406K), with a 3.5% share of global exports. It was followed by Iran, with a 3.2% share.

Export Prices by Country

In 2017, the persimmon export price in Middle East amounted to $1.5 per kg, increasing by 13% against the previous year. The the persimmon export price continues to indicate a relatively flat trend pattern.

Export prices varied noticeably by the country of destination; the country with the highest export price was Israel ($1.9 per kg), while Iran ($353 per tonne) was amongst the lowest.

From 2012 to 2017, the most notable rate of growth in terms of export prices was attained by Israel (+3.1% per year), while the other leaders experienced mixed trends in the export price figures.

Persimmon Imports

In 2017, persimmon imports in Middle East amounted to 9K tonnes, rising by 2.5% against the previous year. The persimmon imports continue to indicate a strong expansion. In value terms, persimmon imports stood at $13M (IndexBox estimates) in 2017.

Imports by Country

Saudi Arabia was the largest importer of persimmons in Middle East, with the volume of imports accounting for 3.9K tonnes, which was approx. 43% of total imports in 2017. Jordan (2.5K tonnes) held the second position in the ranking, followed by Palestine (1.9K tonnes). All these countries together occupied approx. 50% share of total imports. The following importers – the United Arab Emirates (255 tonnes) and Bahrain (193 tonnes) together made up 5% of total imports.

From 2012 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Bahrain (+55.3% per year), while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($5.1M), Jordan ($3.7M) and Palestine ($2.7M) constituted the countries with the highest levels of imports in 2017, together comprising 92% of total imports. These countries were followed by the United Arab Emirates and Bahrain, which together accounted for a further 6.2%.

Import Prices by Country

In 2017, the persimmon import price in Middle East amounted to $1.4 per kg, coming down by -2.1% against the previous year. The import price indicated a strong increase from 2012 to 2017: its price increased at an average annual rate of +12.9% over the last five year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, the persimmon import price decreased by -3.8% against 2015 indices.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the United Arab Emirates ($2 per kg), while Saudi Arabia ($1.3 per kg) was amongst the lowest.

From 2012 to 2017, the most notable rate of growth in terms of import prices was attained by Saudi Arabia (+23.0% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

frozen fruit

European Frozen Fruit Market Posted Sixth Consecutive Year of Growth and Reached $5.3B in 2018

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

The revenue of the frozen fruit market in the European Union amounted to $5.3B in 2018, increasing by 2.3% 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 +3.0% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2010, with an increase of 10% y-o-y. Over the period under review, the frozen fruit market attained its maximum level in 2018, and is expected to retain its growth in the immediate term.

Production in the EU

In 2018, approx. 1.3M tonnes of frozen fruits were produced in the European Union; lowering by -2.8% against the previous year.

Exports in the EU

In 2018, frozen fruit exports in the European Union amounted to 783K tonnes, declining by -4.1% against the previous year. The total export volume increased at an average annual rate of +1.1% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. In value terms, frozen fruit exports stood at $1.6B (IndexBox estimates) in 2018.

Exports by Country

Poland represented the major exporting country with an export of around 272K tonnes, which resulted at 35% of total exports. The Netherlands (117K tonnes) occupied the second position in the ranking, followed by Belgium (73K tonnes), Spain (65K tonnes) and Germany (48K tonnes). All these countries together occupied near 39% share of total exports. Italy (32K tonnes), Greece (29K tonnes), France (20K tonnes), Sweden (17K tonnes), Bulgaria (15K tonnes) and the UK (12K tonnes) took a relatively small share of total exports.

Poland experienced a relatively flat trend pattern of frozen fruits exports. At the same time, the Netherlands (+4.3%), Bulgaria (+4.2%), Spain (+4.1%), the UK (+3.6%), Germany (+3.6%), Italy (+2.9%), Sweden (+2.6%) and France (+1.8%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest growing exporter in the European Union, with a CAGR of +4.3% from 2007-2018. Belgium and Greece experienced a relatively flat trend pattern. From 2007 to 2018, the share of Germany, Spain and the Netherlands decreased by -1.9%, -3% and -5.5% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($489M) remains the largest frozen fruit supplier in the European Union, comprising 31% of total frozen fruit exports. The second position in the ranking was occupied by the Netherlands ($226M), with a 14% share of total exports. It was followed by Belgium, with a 9.8% share.

Export Prices by Country

In 2018, the frozen fruit export price in the European Union amounted to $2,009 per tonne, growing by 6.7% against the previous year. Over the period under review, the frozen fruit export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was Sweden ($2,908 per tonne), while Greece ($1,588 per tonne) was amongst the lowest. From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Spain, while the other leaders experienced more modest paces of growth.

Imports in the EU

In 2018, approx. 1.2M tonnes of frozen fruits were imported in the European Union; remaining relatively unchanged against the previous year. The total import volume increased at an average annual rate of +1.3% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being recorded over the period under review. In value terms, frozen fruit imports amounted to $2.4B (IndexBox estimates) in 2018.

Imports by Country

In 2018, Germany (323K tonnes), distantly followed by France (183K tonnes), the Netherlands (122K tonnes), Belgium (119K tonnes), Poland (98K tonnes) and the UK (79K tonnes) were the key importers of frozen fruits, together constituting 77% of total imports. The following importers – Italy (47K tonnes), Austria (46K tonnes), Sweden (37K tonnes), the Czech Republic (23K tonnes), Denmark (20K tonnes) and Lithuania (18K tonnes) – together made up 16% of total imports. From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the Czech Republic, while the other leaders experienced more modest paces of growth.

In value terms, the largest frozen fruit importing markets in the European Union were Germany ($566M), France ($382M) and Belgium ($233M), with a combined 49% share of total imports. The Netherlands, Poland, the UK, Austria, Italy, Sweden, Denmark, the Czech Republic and Lithuania lagged somewhat behind, together accounting for a further 42%.

Import Prices by Country

In 2018, the frozen fruit import price in the European Union amounted to $1,984 per tonne, jumping by 6.2% against the previous year. Over the period under review, the frozen fruit import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, an increase of 23% y-o-y. Over the period under review, the import prices for frozen fruits reached their maximum at $2,218 per tonne in 2008; however, from 2009 to 2018, import prices failed to regain their momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Sweden ($2,638 per tonne), while Germany ($1,752 per tonne) was amongst the lowest. From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform