Homogenised Jam and Marmalade Market

The article discusses the rising demand for homogenised jam and marmalade globally, with the market expected to see an increase in both volume and value terms from 2022 to 2030. It analyzes the performance of the market, consumption trends, production figures, and global imports and exports of homogenised preparations of jams. The data highlights the top consuming and producing countries, as well as the major exporters and importers of homogenised jam and marmalade. Overall, the market is projected to experience growth in the coming years.

Market Forecast

Driven by rising demand for homogenised jam and marmalade worldwide, the market is expected to start an upward consumption trend over the next eight-year period. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +1.1% for the period from 2022 to 2030, which is projected to bring the market volume to 1.8M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.3% for the period from 2022 to 2030, which is projected to bring the market value to $5.8B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

In 2022, the amount of homogenised preparations of jams, fruit jellies and marmalades consumed worldwide declined to 1.6M tons, waning by -3.8% compared with 2021 figures. Overall, consumption saw a pronounced setback. As a result, consumption attained the peak volume of 2.5M tons. From 2014 to 2022, the growth of the global consumption remained at a somewhat lower figure.

The global homogenised jam and marmalade market value declined modestly to $4.5B in 2022, falling by -2.8% 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). In general, consumption recorded a noticeable decrease. As a result, consumption reached the peak level of $6.6B. From 2014 to 2022, the growth of the global market failed to regain momentum.

Consumption By Country

China (343K tons) remains the largest homogenised jam and marmalade consuming country worldwide, comprising approx. 21% of total volume. Moreover, homogenised jam and marmalade consumption in China exceeded the figures recorded by the second-largest consumer, the United States (160K tons), twofold. The third position in this ranking was held by India (132K tons), with an 8% share.

From 2012 to 2022, the average annual growth rate of volume in China was relatively modest. The remaining consuming countries recorded the following average annual rates of consumption growth: the United States (+0.1% per year) and India (-0.7% per year).

In value terms, China ($1.3B) led the market, alone. The second position in the ranking was taken by the United States ($304M). It was followed by India.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled +4.0%. In the other countries, the average annual rates were as follows: the United States (+0.0% per year) and India (-0.7% per year).

The countries with the highest levels of homogenised jam and marmalade per capita consumption in 2022 were Italy (549 kg per 1000 persons), the United States (476 kg per 1000 persons) and Japan (341 kg per 1000 persons).

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Italy (with a CAGR of +3.1%), while consumption for the other global leaders experienced a decline in the per capita consumption figures.

Production

World Production of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

In 2022, approx. 1.7M tons of homogenised preparations of jams, fruit jellies and marmalades were produced worldwide; with a decrease of -5.2% compared with the previous year's figure. In general, production recorded a pronounced decline. The most prominent rate of growth was recorded in 2013 with an increase of 15%. As a result, production attained the peak volume of 2.6M tons. From 2014 to 2022, global production growth remained at a lower figure.

In value terms, homogenised jam and marmalade production fell modestly to $4.6B in 2022 estimated in export price. Over the period under review, production showed a perceptible slump. The growth pace was the most rapid in 2013 when the production volume increased by 11% against the previous year. As a result, production attained the peak level of $6.4B. From 2014 to 2022, global production growth remained at a lower figure.

Production By Country

China (340K tons) remains the largest homogenised jam and marmalade producing country worldwide, comprising approx. 20% of total volume. Moreover, homogenised jam and marmalade production in China exceeded the figures recorded by the second-largest producer, the United States (156K tons), twofold. India (132K tons) ranked third in terms of total production with a 7.8% share.

In China, homogenised jam and marmalade production shrank by an average annual rate of -1.1% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: the United States (-0.1% per year) and India (-0.6% per year).

Imports

World Imports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

Global homogenised jam and marmalade imports amounted to 188K tons in 2022, picking up by 3.2% on the previous year. Overall, total imports indicated a pronounced expansion from 2012 to 2022: its volume 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, imports decreased by -6.8% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of 22%. Over the period under review, global imports reached the peak figure at 202K tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, homogenised jam and marmalade imports rose notably to $529M in 2022. Over the period under review, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 28% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports By Country

The Netherlands (15K tons), Germany (14K tons), Iraq (11K tons), Russia (9.7K tons), the UK (9.4K tons), the Dominican Republic (8K tons), the United States (7.4K tons), Kazakhstan (6.8K tons), Portugal (6.3K tons), Ireland (5.6K tons), Sweden (4.9K tons) and France (4.1K tons) represented roughly 54% of total imports in 2022. The Czech Republic (3.8K tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Iraq (with a CAGR of +52.0%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($51M), Russia ($35M) and the UK ($35M) appeared to be the countries with the highest levels of imports in 2022, together accounting for 23% of global imports. The Netherlands, the United States, the Dominican Republic, Kazakhstan, Sweden, Portugal, France, the Czech Republic, Iraq and Ireland lagged somewhat behind, together comprising a further 33%.

Iraq, with a CAGR of +35.2%, recorded the highest rates of growth with regard to 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

In 2022, the average homogenised jam and marmalade import price amounted to $2,815 per ton, rising by 6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2017 an increase of 6.2%. Over the period under review, average import prices hit record highs at $2,887 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 the UK ($3,715 per ton), while Iraq ($875 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+5.6%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Homogenised Preparations Of Jams, Fruit Jellies And Marmalades

In 2022, overseas shipments of homogenised preparations of jams, fruit jellies and marmalades decreased by -8.7% to 225K tons, falling for the second year in a row after five years of growth. In general, total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.5% against 2020 indices. The pace of growth was the most pronounced in 2014 when exports increased by 23% against the previous year. The global exports peaked at 255K tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, homogenised jam and marmalade exports shrank to $591M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when exports increased by 26%. Over the period under review, the global exports attained the peak figure at $629M in 2021, and then shrank in the following year.

Exports By Country

In 2022, Spain (49K tons), distantly followed by Thailand (25K tons), Greece (18K tons), Italy (15K tons), Belarus (13K tons), Costa Rica (11K tons), France (11K tons) and Brazil (11K tons) represented the major exporters of homogenised preparations of jams, fruit jellies and marmalades, together generating 68% of total exports. The following exporters - Russia (9.8K tons), Poland (9K tons), the Netherlands (5.8K tons), Germany (5.5K tons) and Chile (5K tons) - together made up 16% of total exports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +42.6%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest homogenised jam and marmalade supplying countries worldwide were Spain ($123M), Italy ($76M) and Thailand ($43M), with a combined 41% share of global exports. France, Poland, Belarus, Russia, Costa Rica, Germany, the Netherlands, Greece, Chile and Brazil lagged somewhat behind, together comprising a further 39%.

Chile, with a CAGR of +46.8%, saw 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

In 2022, the average homogenised jam and marmalade export price amounted to $2,622 per ton, surging by 3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2016 an increase of 7.1%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($5,165 per ton), while Brazil ($778 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.3%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform