Price for Vegetables; Seed Potatoes, Fresh or Chilled in the UK - 2023
Contents:
- Price for Vegetables; Seed Potatoes, Fresh or Chilled in the UK (FOB) - 2022
- Price for Vegetables; Seed Potatoes, Fresh or Chilled in the UK (CIF) - 2022
- Exports of Vegetables; Seed Potatoes, Fresh or Chilled in the UK
- Imports of Vegetables; Seed Potatoes, Fresh or Chilled in the UK
Price for Vegetables; Seed Potatoes, Fresh or Chilled in the UK (FOB) - 2022
In 2022, the average export price for vegetables; seed potatoes, fresh or chilleds amounted to $841 per ton, which is down by -4.8% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 35%. As a result, the export price attained the peak level of $883 per ton, and then reduced slightly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($933 per ton), while the average price for exports to Russia ($576 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vegetables; Seed Potatoes, Fresh or Chilled in the UK (CIF) - 2022
The average import price for vegetables; seed potatoes, fresh or chilleds stood at $665 per ton in 2022, reducing by -24.9% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vegetables; seed potatoes, fresh or chilleds decreased by -34.1% against 2017 indices. The pace of growth appeared the most rapid in 2017 an increase of 34% against the previous year. As a result, import price attained the peak level of $1,009 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Cyprus ($915 per ton), while the price for Germany ($522 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vegetables; Seed Potatoes, Fresh or Chilled in the UK
Exports of vegetables; seed potatoes, fresh or chilleds from the UK skyrocketed to 97K tons in 2022, rising by 26% against 2021. In general, exports, however, continue to indicate a perceptible slump.
In value terms, exports of vegetables; seed potatoes, fresh or chilleds soared to $81M in 2022. The total export value increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Vegetables; Seed Potatoes, Fresh or Chilled in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 37.9 | 31.7 | 44.1 | 48.3 | 8.4% |
| Morocco | 5.7 | 5.7 | 4.0 | 11.1 | 24.9% |
| Thailand | 4.0 | 4.5 | 4.2 | 5.0 | 7.7% |
| Spain | 5.3 | 6.0 | 4.0 | 3.4 | -13.8% |
| Indonesia | 1.8 | 2.0 | 2.2 | 2.8 | 15.9% |
| Saudi Arabia | 2.0 | 3.1 | 1.2 | 2.1 | 1.6% |
| Turkey | 1.4 | 2.5 | 1.2 | 1.8 | 8.7% |
| Netherlands | 3.0 | 4.1 | 1.8 | 1.1 | -28.4% |
| Ireland | 4.0 | 6.8 | 1.8 | 0.1 | -70.8% |
| Others | 8.1 | 8.3 | 3.2 | 5.7 | -11.1% |
| Total | 73.1 | 74.6 | 67.8 | 81.4 | 3.6% |
Top Export Markets for Vegetables; Seed Potatoes, Fresh or Chilled from the UK in 2022:
- Egypt (54.5K tons)
- Morocco (14.3K tons)
- Thailand (5.3K tons)
- Spain (5.0K tons)
- Indonesia (3.2K tons)
- Saudi Arabia (2.9K tons)
- Turkey (2.5K tons)
- Netherlands (1.3K tons)
- Ireland (0.1K tons)
Imports of Vegetables; Seed Potatoes, Fresh or Chilled in the UK
In 2022, the amount of vegetables; seed potatoes, fresh or chilleds imported into the UK surged to 5K tons, jumping by 46% against the previous year's figure. Over the period under review, imports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 86%. As a result, imports reached the peak of 12K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of vegetables; seed potatoes, fresh or chilleds expanded sharply to $3.3M in 2022. In general, imports, however, faced a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 61% against the previous year. As a result, imports attained the peak of $9.4M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Vegetables; Seed Potatoes, Fresh or Chilled in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2,725 | 3,564 | 1,880 | 2,421 | -3.9% |
| France | 48.4 | 24.9 | 351 | 534 | 122.6% |
| Belgium | 53.3 | 91.2 | 14.7 | 118 | 30.3% |
| Cyprus | N/A | N/A | 29.3 | 116 | 295.9% |
| Ireland | 132 | 120 | 450 | 90.1 | -12.0% |
| Germany | 1,056 | 2,052 | 19.6 | 0.6 | -91.7% |
| Spain | 337 | 403 | 112 | N/A | -42.4% |
| Denmark | 1,482 | 3,137 | 151 | N/A | -68.1% |
| Others | 5.8 | N/A | 2.3 | 14.9 | 37.0% |
| Total | 5,839 | 9,393 | 3,011 | 3,295 | -17.4% |
Top Suppliers of Vegetables; Seed Potatoes, Fresh or Chilled to the UK in 2022:
- Netherlands (3610.1 tons)
- France (848.2 tons)
- Belgium (200.0 tons)
- Ireland (146.9 tons)
- Cyprus (126.3 tons)
- Germany (1.1 tons)
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