Northern America: Vegetable Market 2024

Vegetable Market Size in Northern America

The North American vegetable market reduced to $X in 2023, declining by X% against the previous year. Overall, consumption recorded a slight reduction. As a result, consumption attained the peak level of $X. From 2015 to 2023, the growth of the market remained at a lower figure.

Vegetable Production in Northern America

In value terms, vegetable production declined to $X in 2023 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2023, production growth failed to regain momentum.

The United States (X tons) constituted the country with the largest volume of vegetable production, accounting for X% of total volume. Moreover, vegetable production in the United States exceeded the figures recorded by the second-largest producer, Canada (X tons), threefold.

In the United States, vegetable production shrank by an average annual rate of X% over the period from 2012-2023.

In 2023, the average yield of vegetables in Northern America contracted slightly to X tons per ha, approximately reflecting 2022 figures. Overall, the yield showed a slight downturn. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The level of yield peaked at X tons per ha in 2013; however, from 2014 to 2023, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The vegetable harvested area expanded to X ha in 2023, picking up by X% against the previous year's figure. Over the period under review, the harvested area showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the harvested area increased by X%. As a result, the harvested area reached the peak level of X ha. From 2017 to 2023, the growth of the vegetable harvested area remained at a lower figure.

Vegetable Exports

Exports in Northern America

In 2023, overseas shipments of vegetables were finally on the rise to reach X tons for the first time since 2020, thus ending a two-year declining trend. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2023, the exports remained at a lower figure.

In value terms, vegetable exports rose markedly to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when exports increased by X%. The level of export peaked in 2023 and is likely to see steady growth in years to come.

Exports by Country

Canada was the main exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by the United States (X tons), creating a X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Canada (with a CAGR of X%).

In value terms, the largest vegetable supplying countries in Northern America were Canada ($X) and the United States ($X).

Among the main exporting countries, Canada, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2023, waning by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2022, and then shrank in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Canada (X%).

Vegetable Imports

Imports in Northern America

In 2023, supplies from abroad of vegetables decreased by X% to X tons, falling for the second consecutive year after six years of growth. In general, imports recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, vegetable imports dropped rapidly to $X in 2023. Over the period under review, imports saw a mild reduction. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, the United States (X tons) and Canada (X tons) was the largest importer of vegetables in Northern America, generating X% of total import.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Canada (with a CAGR of X%).

In value terms, the United States ($X) and Canada ($X) appeared to be the countries with the highest levels of imports in 2023.

In terms of the main importing countries, Canada, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2023, the import price in Northern America amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform