Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in the UK - 2023
Contents:
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in the UK (FOB) - 2023
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in the UK (CIF) - 2023
- Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in the UK
- Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in the UK
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in the UK (FOB) - 2023
In November 2023, the average export price for vegetables; potatoes (other than seed), fresh or chilleds amounted to $633 per ton, picking up by 5.2% against the previous month. In general, export price indicated a pronounced increase from November 2022 to November 2023: its price increased at an average monthly rate of +2.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for vegetables; potatoes (other than seed), fresh or chilleds decreased by -39.7% against July 2023 indices. The pace of growth appeared the most rapid in July 2023 an increase of 39% month-to-month. As a result, the export price reached the peak level of $1,049 per ton. From August 2023 to November 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($1,124 per ton), while the average price for exports to Germany ($510 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in the UK (CIF) - 2023
In November 2023, the average import price for vegetables; potatoes (other than seed), fresh or chilleds amounted to $799 per ton, with a decrease of -2.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 29% month-to-month. The import price peaked at $818 per ton in October 2023, and then dropped modestly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($2,036 per ton), while the price for Poland ($537 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Egypt (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in the UK
In 2022, after two years of decline, there was significant growth in shipments abroad of vegetables; potatoes (other than seed), fresh or chilleds, when their volume increased by 24% to 192K tons. Over the period under review, exports, however, recorded a abrupt decrease.
In value terms, exports of vegetables; potatoes (other than seed), fresh or chilleds soared to $90M in 2022. In general, exports, however, continue to indicate a abrupt downturn.
| Export of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 22.6 | 22.9 | 23.3 | 24.4 | 2.6% |
| Ireland | 38.7 | 23.2 | 27.6 | 19.8 | -20.0% |
| Netherlands | 5.4 | 2.0 | 4.4 | 8.5 | 16.3% |
| Nicaragua | N/A | N/A | N/A | 7.8 | 0% |
| Belgium | 11.0 | 6.2 | 8.1 | 4.7 | -24.7% |
| France | 2.7 | 0.5 | 1.2 | 3.5 | 9.0% |
| Denmark | 2.2 | 1.1 | 2.6 | 2.6 | 5.7% |
| Poland | 11.4 | 1.6 | N/A | 0.6 | -62.5% |
| Others | 14.8 | 6.7 | 7.9 | 17.7 | 6.1% |
| Total | 109 | 64.2 | 75.2 | 89.7 | -6.3% |
Top Export Markets for Vegetables; Potatoes (Other than Seed), Fresh or Chilled from the UK in 2022:
- Spain (55.1K tons)
- Ireland (49.7K tons)
- Netherlands (23.5K tons)
- Belgium (12.9K tons)
- Nicaragua (8.7K tons)
- France (8.0K tons)
- Denmark (3.9K tons)
- Poland (1.8K tons)
Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in the UK
In 2022, supplies from abroad of vegetables; potatoes (other than seed), fresh or chilleds decreased by -24.5% to 70K tons, falling for the second year in a row after two years of growth. In general, imports showed a precipitous descent. The pace of growth was the most pronounced in 2020 with an increase of 8.6% against the previous year. As a result, imports attained the peak of 217K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of vegetables; potatoes (other than seed), fresh or chilleds contracted rapidly to $41M in 2022. Over the period under review, imports recorded a sharp descent. The smallest decline of -8.5% was in 2020.
| Import of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 10.2 | 7.1 | 9.5 | 11.9 | 5.3% |
| Israel | 20.1 | 19.6 | 14.0 | 9.7 | -21.6% |
| Cyprus | 14.1 | 11.8 | 15.2 | 8.1 | -16.9% |
| Belgium | 46.6 | 42.1 | 8.5 | 2.7 | -61.3% |
| France | 3.8 | 5.8 | 1.7 | 2.5 | -13.0% |
| Netherlands | 13.1 | 13.5 | 7.5 | 2.0 | -46.6% |
| Poland | 0.7 | 0.4 | N/A | 1.8 | 37.0% |
| Spain | 6.3 | 7.0 | 1.7 | 1.3 | -40.9% |
| Germany | 5.2 | 6.3 | 0.2 | N/A | -80.4% |
| Romania | 14.7 | 9.4 | 4.5 | N/A | -44.7% |
| Others | 5.9 | 5.7 | 3.6 | 1.3 | -39.6% |
| Total | 141 | 129 | 66.4 | 41.3 | -33.6% |
Top Suppliers of Vegetables; Potatoes (Other than Seed), Fresh or Chilled to the UK in 2022:
- Ireland (28.6K tons)
- Israel (19.4K tons)
- Cyprus (8.3K tons)
- France (3.7K tons)
- Poland (2.9K tons)
- Belgium (2.4K tons)
- Netherlands (2.2K tons)
- Spain (1.3K tons)
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