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'World: Prepared Fruits - Market Report. Analysis And Forecast To 2025'
Which country imports the most prepared fruits and nuts in the world?
According to the report "World: Prepared Fruits - Market Report. Analysis And Forecast To 2025" recently published by IndexBox, the amount of prepared fruits and nuts exported worldwide stood at 7M tonnes in 2016, rising by 4% against the previous year level. The total export volume increased at an average annual rate of +1.8% over the period from 2007 to 2016; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2011, when export increased by 8% year-to-year. Global prepared fruits and nuts export peaked in 2016, and are likely to continue its growth in the near future.
In value terms, prepared fruits and nuts exports totaled $14B in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total exports value increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, prepared fruits and nuts exports increased by +40.3% against its level of prepared fruits and nuts. Global prepared fruits and nuts export peaked in 2016, and are expected to retain its growth in the immediate term.
Top prepared fruits and nuts exporting countries in the world
1. China (2,518.7 million USD)
2. USA (1,562.8 million USD)
3. Thailand (1,032.4 million USD)
4. Germany (851.3 million USD)
5. Netherlands (748.4 million USD)
6. Argentina (521.1 million USD)
7. Spain (487.3 million USD)
8. Philippines (449.3 million USD)
9. Mexico (441.2 million USD)
10. Italy (329.2 million USD)
11. Greece (326.0 million USD)
12. Costa Rica (127.5 million USD)
Prepared fruits and nuts exports by country
In 2016, China (1.3M tonnes), distantly followed by Thailand (709K tonnes), the U.S. (667K tonnes), the Philippines (459K tonnes), and Argentina (412K tonnes) were the key exporters of prepared fruits and nuts, together creating 50% of total exports. The following exporters - Spain (305K tonnes), the Netherlands (296K tonnes), Greece (288K tonnes), Germany (230K tonnes), Mexico (198K tonnes), Costa Rica (161K tonnes), and Italy (161K tonnes) together made up 23% of total exports.
From 2007 to 2016, the most notable growth rate of prepared fruits and nuts exports, among the main exporting countries, was attained by Costa Rica (+17.4% per year), while the other global leaders experienced more modest paces of growth.
In value terms, China ($2.5B), the U.S. ($1.6B) and Thailand ($1B) constituted the countries with the highest levels of exports in 2016, together accounting for 35% of global exports.Germany, the Netherlands, Argentina, Spain, the Philippines, Mexico, Italy, Greece and Costa Rica lagged somewhat behind, together accounting for a further 30%.
Mexico (+16.7% per year) had the highest rates of growth with regard to the prepared fruits and nuts exports, in terms of the main exporting countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.
Prepared Fruits and Nuts Export Prices By Country
The average prepared fruits and nuts export price stood at $2,046 per tonne in 2016, going down by -2.0% against the previous year. Over the period from 2007 to 2016 it increased at an average annual rate of +3.9%.The most prominent rate of growth was recorded in prepared fruits and nuts, when it surged by 15% from the previous year level. Global prepared fruits and nuts export peaked of $2,129 per tonne in 2014; however, from 2015 to 2016, it stood at a somewhat lower level.
Export prices varied noticeably by country of destination. the country with the highest export prices was Germany ($3,700 per tonne), while Costa Rica ($791 per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of prepared fruits and nuts export prices was attained by China (+6.5% per year), while the other global leaders experienced more modest paces of growth.
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Publication date: 8/10/2018
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