U.S. Textile Bag And Canvas Market – China’s Imports Bounces Back after Two Years of Decline

Archives, Global Trade Daily, International Trade

U.S. Textile Bag And Canvas Market – China’s Imports Bounces Back after Two Years of Decline

September 19th, 2019 IndexBox Leave a comment

IndexBox has just published a new report: ‘U.S. Textile Bag And Canvas Market. Analysis And Forecast to 2025’. Here is a summary of the report’s key findings.

The revenue of the textile bag and canvas market in the U.S. amounted to $7B in 2018, increasing by 7.8% 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 +6.4% over the period from 2013 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 2014 with an increase of 18% against the previous year. Over the period under review, the textile bag and canvas market attained its maximum level in 2018 and is expected to retain its growth in the near future.

Production of Textile Bags And Canvases in the U.S.

In value terms, textile bag and canvas production amounted to $4B in 2018. The total output value increased at an average annual rate of +8.3% from 2013 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2014 when production volume increased by 20% against the previous year. Textile bag and canvas production peaked in 2018 and is expected to retain its growth in the immediate term.

Exports from the U.S.

In 2018, the amount of textile bags and canvases exported from the U.S. stood at 6.5K tonnes, growing by 51% against the previous year. Over the period under review, textile bag and canvas exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 51% y-o-y. Over the period under review, textile bag and canvas exports reached their peak figure at 7K tonnes in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

In value terms, textile bag and canvas exports totaled $47M (IndexBox estimates) in 2018. Overall, textile bag and canvas exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 36% against the previous year. Exports peaked at $59M in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

Exports by Country

Thailand (578 tonnes), Australia (567 tonnes) and Trinidad and Tobago (464 tonnes) were the main destinations of textile bag and canvas exports from the U.S., with a combined 25% share of total exports. These countries were followed by Viet Nam, Poland, China, India, Russia, Malaysia, Nicaragua, the Dominican Republic and Costa Rica, which together accounted for a further 46%.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Viet Nam (+1,030.1% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for textile bag and canvas exported from the U.S. were Poland ($7.6M), Australia ($6.7M) and the Dominican Republic ($4.4M), with a combined 40% share of total exports. Costa Rica, China, Trinidad and Tobago, India, Nicaragua, Viet Nam, Thailand, Malaysia and Russia lagged somewhat behind, together comprising a further 18%.

In terms of the main countries of destination, Viet Nam (+393.6% per year) recorded the highest rates of growth with regard to exports, over the last five years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average textile bag and canvas export price stood at $7,219 per tonne in 2018, waning by -45.8% against the previous year. Overall, the export price indicated a slight increase from 2013 to 2018: its price increased at an average annual rate of +1.3% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when the average export price increased by 52% against the previous year. In that year, the average export prices for textile bags and canvases reached their peak level of $13,329 per tonne, and then declined slightly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Poland ($17,736 per tonne), while the average price for exports to Russia ($272 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+55.6% per year), while the prices for the other major destinations experienced more modest paces of growth.

Imports into the U.S.

In 2018, the textile bag and canvas imports into the U.S. totaled 351K tonnes, rising by 8% against the previous year. The total import volume increased at an average annual rate of +2.1% over the period from 2013 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 8% against the previous year. Over the period under review, textile bag and canvas imports attained their maximum at 360K tonnes in 2015; however, from 2016 to 2018, imports remained at a lower figure.

In value terms, textile bag and canvas imports totaled $1.5B (IndexBox estimates) in 2018. Overall, textile bag and canvas imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 8.9% against the previous year. Imports peaked at $1.6B in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, China (197K tonnes) constituted the largest supplier of textile bag and canvas to the U.S., with a 56% share of total imports. Moreover, textile bag and canvas imports from China exceeded the figures recorded by the second-largest supplier, India (83K tonnes), twofold. The third position in this ranking was occupied by Bangladesh (25K tonnes), with a 7.1% share.

From 2013 to 2018, the average annual growth rate of volume from China amounted to -2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+13.0% per year) and Bangladesh (+7.4% per year).

In value terms, China ($905M) constituted the largest supplier of textile bag and canvas to the U.S., comprising 62% of total textile bag and canvas imports. The second position in the ranking was occupied by India ($218M), with a 15% share of total imports. It was followed by Bangladesh, with a 8.4% share.

From 2013 to 2018, the average annual rate of growth in terms of value from China stood at -3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+11.5% per year) and Bangladesh (+5.9% per year).

After two years of decline, Chinese imports of textile bag and canvas into the U.S. rebounded in 2018, with an increase of 8.5% y-o-y.

Import Prices by Country

In 2018, the average textile bag and canvas import price amounted to $4,139 per tonne, standing approx. at the previous year. In general, the textile bag and canvas import price, however, continues to indicate a temperate descent. The growth pace was the most rapid in 2018 an increase of 0.8% against the previous year. Over the period under review, the average import prices for textile bags and canvases attained their maximum at $4,572 per tonne in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Bangladesh ($4,877 per tonne), while the price for India ($2,627 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by Indonesia, while the prices for the other major suppliers experienced a decline.

Companies Mentioned in the Report

Dhs Systems, Rainier Industries, Covercraft Industries, Duluth Trading Company, North Sails Group, J & M Industries, Anchor Industries, Thomas Sign and Awning Company, Holland Awning, Outdoor Research, Hdt Expeditionary Systems, Veada Industries, C. R. Daniels, Bestop, Starr Aircraft Products, ADM Corporation, Kenneth Fox Supply Company, Polytex Fibers, Adco Products, Marine Accessories Corporation, Gleason Corporation, Webasto-Edscha Cabrio USA, Outdoor Venture Corporation, Magna Car Top Systems of America, Mpc Group, Ajr Enterprises, Targus Group International, Bluewater Defense, Mondi Bags Usa

Source: IndexBox AI Platform

Archives, Global Trade Daily, Imports/Exports

Wood Kitchenware And Tableware Market in the EU – A Ban on Single-Use Plastics Drives Demand for Wooden Products

September 19th, 2019 IndexBox Leave a comment

IndexBox has just published a new report: ‘EU – Tableware And Kitchenware Of Wood – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings.

The European parliament has voted to ban single-use plastic cutlery, cotton buds, straws and stirrers as part of a sweeping law against plastic waste that despoils beaches and pollutes oceans. The vote by MEPs paves the way for a ban on single-use plastics to come into force by 2021 in all EU member states.

Against this background, there is an increase in the consumption of wooden cutlery and tableware instead of disposable plastic ones. Growing demand is supported by both expanding domestic production and accelerated growth in imports.

Imports in the EU

In 2018, the wood kitchenware and tableware imports in the European Union amounted to 117K tonnes, surging by 3.3% against the previous year. The total import volume increased at an average annual rate of +1.2% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2014 with an increase of 14% against the previous year. Over the period under review, wood kitchenware and tableware imports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, wood kitchenware and tableware imports totaled $528M (IndexBox estimates) in 2018. The total imports indicated a resilient expansion from 2007 to 2018: its value increased at an average annual rate of +1.2% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wood kitchenware and tableware imports increased by +18.6% against 2014 indices. The pace of growth appeared the most rapid in 2014 when imports increased by 24% y-o-y. The level of imports peaked in 2018 and are likely to continue their growth in the near future.

Imports by Country

In 2018, Germany (26K tonnes), distantly followed by the UK (17K tonnes), France (15K tonnes), the Netherlands (14K tonnes), Italy (8.5K tonnes) and Belgium (6.8K tonnes) were the major importers of tableware and kitchenware of wood, together making up 75% of total imports. The following importers – Poland (4,740 tonnes), Sweden (3,802 tonnes), the Czech Republic (3,462 tonnes), Denmark (2,749 tonnes), Spain (2,325 tonnes) and Portugal (2,265 tonnes) – together made up 17% 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 wood kitchenware and tableware importing markets in the European Union were Germany ($112M), the UK ($78M) and France ($72M), together accounting for 50% of total imports. These countries were followed by the Netherlands, Italy, Belgium, Sweden, Denmark, Poland, Spain, Portugal and the Czech Republic, which together accounted for a further 41%.

The Netherlands recorded the highest rates of growth with regard to imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the wood kitchenware and tableware import price in the European Union amounted to $4,518 per tonne, picking up by 8.2% against the previous year. Over the last eleven years, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2011 an increase of 10% y-o-y. The level of import price peaked in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Denmark ($6,814 per tonne), while the Czech Republic ($2,322 per tonne) was amongst the lowest.

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

Exports in the EU

In 2018, approx. 42K tonnes of tableware and kitchenware of wood were exported in the European Union; lowering by -5.4% against the previous year. In general, wood kitchenware and tableware exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 21% against the previous year. Over the period under review, wood kitchenware and tableware exports reached their peak figure at 49K tonnes in 2014; however, from 2015 to 2018, exports remained at a lower figure.

In value terms, wood kitchenware and tableware exports totaled $223M (IndexBox estimates) in 2018. The total exports indicated a tangible expansion from 2007 to 2018: its value increased at an average annual rate of +0.8% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wood kitchenware and tableware exports decreased by -6.0% against 2016 indices. The growth pace was the most rapid in 2014 with an increase of 23% year-to-year. Over the period under review, wood kitchenware and tableware exports reached their peak figure at $238M in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, Germany (8,014 tonnes), the Netherlands (6,656 tonnes) and Romania (5,687 tonnes) were the major exporters of tableware and kitchenware of wood in the European Union, generating 48% of total export. Poland (3,622 tonnes) held an 8.6% share (based on tonnes) of total exports, which put it in second place, followed by Italy (6.2%) and Belgium (5%). Spain (1,844 tonnes), Slovenia (1,652 tonnes), France (1,602 tonnes), Portugal (1,491 tonnes), the Czech Republic (1,276 tonnes) and Sweden (1,206 tonnes) held a little 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 Slovenia, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($39M), the Netherlands ($34M) and Italy ($22M) appeared to be the countries with the highest levels of exports in 2018, together comprising 42% of total exports.

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

Export Prices by Country

In 2018, the wood kitchenware and tableware export price in the European Union amounted to $5,306 per tonne, therefore, remained relatively stable against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2011 an increase of 12% against the previous year. Over the period under review, the export prices for tableware and kitchenware of wood attained their peak figure in 2018 and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Italy ($8,408 per tonne), while Romania ($2,803 per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

Archives, Global Trade Daily, Imports/Exports

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

August 20th, 2019 IndexBox Leave a comment

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

Archives, Global Trade Daily, Imports/Exports

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

August 19th, 2019 IndexBox Leave a comment

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

coffee and tea market U.S. Decaffeinated Coffee

Archives, Global Trade Daily, Imports/Exports

U.S. Coffee And Tea Market Enjoys the Second Year of Solid Gains, Peaking At Almost $16B

August 14th, 2019 IndexBox Leave a comment

IndexBox has just published a new report: ‘U.S. Coffee And Tea Market. Analysis And Forecast to 2025’. Here is a summary of the report’s key findings.

The revenue of the coffee and tea market in the U.S. amounted to $15.9B in 2018, picking up by 3.9% 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 +4.2% from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2015, with an increase of 13% against the previous year. Over the period under review, the coffee and tea market attained its maximum level in 2018, and is expected to retain its growth in the near future.

Coffee And Tea Production in the U.S.

In value terms, coffee and tea production totaled $14.5B in 2018. The total output value increased at an average annual rate of +4.7% from 2013 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2015, when the output figure increased by 15% against the previous year. Coffee and tea production peaked in 2018, and is expected to retain its growth in the near future.