• Contact
  • Privacy Policy
  • Advertise With Us
  • Login
  • Register
Your Trading Edge Magazine
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe
No Result
View All Result
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe
No Result
View All Result
Your Trading Edge Magazine
No Result
View All Result
Trending

Global Frozen Fruit Trade Grows Robustly

October 19, 2021
in Trading
Reading Time: 2 mins read
A A
0
Global Frozen Fruit Trade Grows Robustly
0
SHARES
42
VIEWS
ShareShareShareShareShare

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

Global frozen fruit imports continue to grow in physical terms, expanding twofold over the past decade. In 2020, global imports rose by +3% y-o-y to 2.7M tonnes. In value terms, imports reached $5.8B last year. The U.S. and Germany remain the largest importers of frozen fruits worldwide, with a combined 34%-share of the global figure. The U.S. featured the highest growth rate of imports in physical terms in 2020. The average global frozen fruit import price amounted to $2,121 per tonne in 2020, increasing by +8.2% y-o-y. 

Global Frozen Fruit Imports by Country

In 2020, global imports of frozen fruits amounted to 2.7M tonnes, increasing by +3% on 2019 figures. In value terms, frozen fruit imports expanded by +11.4% y-o-y to $5.8B (IndexBox estimates) in 2020. Global frozen fruit imports have expanded twofold in the past decade.

In 2020, the U.S. (544K tonnes) and Germany (376K tonnes) constituted the key importers of frozen fruits worldwide, together comprising approx. 34% of total imports. France (186K tonnes) occupied the next position in the ranking, followed by the Netherlands (159K tonnes). All these countries together held approx. 13% share of total imports. The following importers – Poland (115K tonnes), Belgium (113K tonnes), the UK (107K tonnes), Canada (100K tonnes), China (98K tonnes), Russia (95K tonnes), Japan (82K tonnes), Austria (66K tonnes) and Australia (55K tonnes) – together made up 31% of total imports.

In 2020, the most notable growth rate in purchases amongst the leading importing countries was attained by the U.S. (+19.7% y-o-y), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest frozen fruit importing markets worldwide were the U.S. ($1.1B), Germany ($675M) and China ($428M), with a combined 39% share of global imports.

The average frozen fruit import price stood at $2,121 per tonne in 2020, growing by +8.2% against the previous year. There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was China ($4,385 per tonne), while Russia ($1,148 per tonne) was amongst the lowest. In 2020, the most notable rate of growth in terms of prices was attained by Austria, while the other global leaders experienced more modest paces of growth.

World’s Largest Suppliers of Frozen Fruits

In 2020, Poland (335K tonnes), followed by Serbia (205K tonnes), Canada (201K tonnes), Mexico (159K tonnes), China (133K tonnes), the Netherlands (115K tonnes) and Egypt (113K tonnes) represented the major exporters of frozen fruits, together constituting 52% of total exports. Peru (101K tonnes), the U.S. (101K tonnes), Morocco (85K tonnes), Costa Rica (75K tonnes), Belgium (73K tonnes) and Germany (61K tonnes) occupied a relatively small share of total exports.

In value terms, the largest frozen fruit supplying countries worldwide were Poland ($551M), Canada ($436M) and Serbia ($428M), together comprising 28% of global exports. These countries were followed by Mexico, Peru, the U.S., the Netherlands, China, Belgium, Egypt, Germany, Morocco and Costa Rica, which together accounted for a further 38%.

Source: IndexBox Platform

Credit: Source link

ShareTweetSendPinShare
Previous Post

Is Your Company In Culture Shock? How Leaders Can Practice What They Preach.

Next Post

MDS Mexico Integrates Blockchain To Improve Covid Tests

Related Posts

How Virtual Credit Cards Are Powering New Digital Business Models
Trading

How Virtual Credit Cards Are Powering New Digital Business Models

June 24, 2022
6
SEKO Logistics Taps MyFBAPrep to be Preferred Amazon FBA Partner
Trading

SEKO Logistics Taps MyFBAPrep to be Preferred Amazon FBA Partner

June 24, 2022
4
Managing Organization Device Fleet with IoT Device
Trading

Managing Organization Device Fleet with IoT Device

June 24, 2022
5
BDP International Announces Smart Classify, the New Digital Product Classification Tool
Trading

BDP International Announces Smart Classify, the New Digital Product Classification Tool

June 23, 2022
4
GLOBAL TRADE’S TOP BANKS FOR 2022
Trading

GLOBAL TRADE’S TOP BANKS FOR 2022

June 23, 2022
6
Next Post
MDS Mexico Integrates Blockchain To Improve Covid Tests

MDS Mexico Integrates Blockchain To Improve Covid Tests

Please login to join discussion

Recommended

Stocks slide to 2022 lows amid renewed recession concerns

Stocks slide to 2022 lows amid renewed recession concerns

June 17, 2022
7
This Summer, Nifty’s and Warner Bros. Will Launch Looney Tunes: What’s Up Block?, a Unique Story-Driven Blockchain Program Offering a One-of-a-Kind Experience for Fans of the Iconic Animated Franchise

This Summer, Nifty’s and Warner Bros. Will Launch Looney Tunes: What’s Up Block?, a Unique Story-Driven Blockchain Program Offering a One-of-a-Kind Experience for Fans of the Iconic Animated Franchise

June 4, 2022
5
A late-May rally in stocks isn’t cause for investor celebration just yet

A late-May rally in stocks isn’t cause for investor celebration just yet

June 1, 2022
8
Nexo and Citigroup are in talks for strategic opportunities in crypto lending

Nexo and Citigroup are in talks for strategic opportunities in crypto lending

June 23, 2022
3
Russia contemplates allowing crypto for international payments

Russia contemplates allowing crypto for international payments

May 29, 2022
7
Your Trading Edge Magazine

This is an online news portal that aims to share the latest news about trade, finance, crypto and much more. Feel free to get in touch with us!

What’s New Here!

  • Choise.com Announces CHO’s First CEX Listing on LBank
  • Business leaders react to Roe v. Wade
  • Stocks rise as indexes head for weekly gains

Subscribe Now

Loading
  • Contact
  • Privacy Policy
  • Advertise With Us

© 2021 - ytemagazine.com - All rights reserved!

No Result
View All Result
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe

© 2021 - ytemagazine.com - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

This article is for YTE Members only. Sign up today and access all premium contents for free.

It is free to read - this is not a paywall

Loading...
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?