Cauliflower And Broccoli Market

The article provides a comprehensive analysis of the global cauliflower and broccoli market, highlighting increasing demand and consumption trends. The market is projected to see growth in both volume and value, with key insights into production statistics, import/export data, and top consuming and producing countries such as India, China, and the United States. Detailed information on market performance, prices, and trends over the past decade is also included.

Market Forecast

Driven by increasing demand for cauliflower and broccoli worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +2.0% for the period from 2022 to 2030, which is projected to bring the market volume to 30M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.8% for the period from 2022 to 2030, which is projected to bring the market value to $26.7B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Cauliflower And Broccoli

Global cauliflower and broccoli consumption reduced to 25M tons in 2022, stabilizing at 2021. The total consumption volume increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Over the period under review, global consumption hit record highs at 26M tons in 2021, and then fell in the following year.

The global cauliflower and broccoli market value dropped modestly to $19.8B in 2022, shrinking by -1.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.9% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Global consumption peaked at $20.4B in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were India (9.6M tons), China (9.4M tons) and the United States (870K tons), with a combined 78% share of global consumption.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +2.7%), while consumption for the other global leaders experienced mixed trends in the consumption figures.

In value terms, China ($8.9B) led the market, alone. The second position in the ranking was taken by India ($3.1B).

In China, the cauliflower and broccoli market expanded at an average annual rate of +3.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (+3.5% per year) and the United States (+2.2% per year).

The countries with the highest levels of cauliflower and broccoli per capita consumption in 2022 were India (6.8 kg per person), China (6.6 kg per person) and the United States (2.6 kg per person).

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +1.6%), while consumption for the other global leaders experienced mixed trends in the per capita consumption figures.

Production

World Production of Cauliflower And Broccoli

In 2022, global production of cauliflower and broccoli stood at 26M tons, remaining stable against the previous year. The total output volume increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the production volume increased by 4.3% against the previous year. Over the period under review, global production reached the peak volume in 2022 and is likely to see gradual growth in years to come. The general positive trend in terms output was largely conditioned by a modest increase of the harvested area and a relatively flat trend pattern in yield figures.

In value terms, cauliflower and broccoli production reduced to $20.4B in 2022 estimated in export price. Over the period under review, the total production indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +0.1% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of 28% against the previous year. Global production peaked at $24.1B in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Production By Country

The countries with the highest volumes of production in 2022 were China (9.6M tons), India (9.6M tons) and the United States (927K tons), with a combined 77% share of global production. Mexico and Spain lagged somewhat behind, together accounting for a further 5.4%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Mexico (with a CAGR of +6.4%), while production for the other global leaders experienced more modest paces of growth.

Yield

The global average cauliflower and broccoli yield amounted to 19 tons per ha in 2022, stabilizing at the previous year's figure. Over the period under review, the yield showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the yield increased by 1.7%. Over the period under review, the average cauliflower and broccoli yield attained the peak level at 19 tons per ha in 2014; afterwards, it flattened through to 2022.

Harvested Area

The global cauliflower and broccoli harvested area shrank modestly to 1.4M ha in 2022, approximately mirroring the previous year. The harvested area increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the harvested area increased by 4.4% against the previous year. Over the period under review, the harvested area dedicated to cauliflower and broccoli production reached the peak figure at 1.4M ha in 2021, and then shrank slightly in the following year.

Imports

World Imports of Cauliflower And Broccoli

For the sixth year in a row, the global market recorded growth in supplies from abroad of cauliflower and broccoli, which increased by 0.2% to 1.2M tons in 2022. The total import volume increased at an average annual rate of +2.7% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 9.8% against the previous year. Global imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, cauliflower and broccoli imports reached $1.6B in 2022. Over the period under review, total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.6% against 2015 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 17% against the previous year. Over the period under review, global imports reached the maximum in 2022 and are likely to see steady growth in years to come.

Imports By Country

Canada (154K tons), the UK (129K tons), the United States (101K tons) and Germany (100K tons) represented roughly 40% of total imports in 2022. Malaysia (60K tons) took the next position in the ranking, followed by the Netherlands (57K tons). All these countries together took near 9.5% share of total imports. France (52K tons), Poland (44K tons), Thailand (41K tons), Belgium (30K tons), Portugal (30K tons), the Czech Republic (27K tons) and Switzerland (21K tons) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the United States (with a CAGR of +17.6%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest cauliflower and broccoli importing markets worldwide were Canada ($243M), the UK ($240M) and the United States ($135M), together accounting for 39% of global imports.

The United States, with a CAGR of +24.7%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

The average cauliflower and broccoli import price stood at $1,310 per ton in 2022, surging by 8.4% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The growth pace was the most rapid in 2013 when the average import price increased by 14% against the previous year. Global import price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($2,008 per ton), while Thailand ($677 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6.8%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Cauliflower And Broccoli

In 2022, approx. 1.9M tons of cauliflower and broccoli were exported worldwide; rising by 22% on the previous year's figure. Overall, total exports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.8% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cauliflower and broccoli exports skyrocketed to $2.1B in 2022. In general, total exports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.3% against 2015 indices. The growth pace was the most rapid in 2013 when exports increased by 16% against the previous year. The global exports peaked in 2022 and are likely to see steady growth in years to come.

Exports By Country

Mexico (567K tons) and Spain (399K tons) represented roughly 51% of total exports in 2022. China (223K tons) took a 12% share (based on physical terms) of total exports, which put it in second place, followed by the United States (8.3%) and France (5.7%). Italy (82K tons), Iran (69K tons), the Netherlands (57K tons) and Guatemala (43K tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Iran (with a CAGR of +20.3%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest cauliflower and broccoli supplying countries worldwide were Spain ($569M), Mexico ($405M) and China ($276M), together comprising 61% of global exports.

China, with a CAGR of +17.2%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

The average cauliflower and broccoli export price stood at $1,082 per ton in 2022, falling by -5.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2013 an increase of 14% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,233 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($1,625 per ton), while Iran ($220 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.7%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform