In the News | 2 min read
Fruit and Vegetable Prices Increased in the US

Fruit and Vegetable Prices Increased in the US

Miguel Angel Miranda
May 3, 2022
Miguel Angel Miranda
May 3, 2022

According to a survey conducted by IRI (a U.S. market research and data analysis company), 92% of U.S. consumers believe that food prices are a little or a lot higher than last year and 95% of them are concerned about this.

Jonna Parker, head of fruit and vegetables department at IRI, explains that this is because inflationary levels are prompting money-saving measures among 72% of consumers. In addition, inflation in the U.S. has reached a 40-year high and consumers are suffering the consequences.

Fruit and vegetable prices in March 2022 were 10.1% higher than last year, as the average price per pound of fresh produce in that month reached $1.89, while the average for the previous year was $1.72.

The inflationary impact has been greater for fresh fruit since in March of this year its price had an increase of 7.7% with respect to 2021 and 19.4% with respect to 2020, while the increase in the price of vegetables was 7.0% and 16.4%, respectively.

As for sales, March 2022 sales reached $5.6 billion, surpassing the record set in 2021 by 4.7%. However, this increase was due to inflation, as sales volume decreased 4.9% compared to the previous year, contrary to value.

Of the sales generated in March, both fresh fruits and vegetables contributed $2.8 billion, with the main products traded being berries with $714 million, apples with $356 million and tomatoes with $291 million.

Virtually all fresh fruits increased in sales with respect to last year, except for bananas (0.0%) and mandarins (-2.5%). As for vegetables, most of them also presented increases in sales compared to 2021, except for tomatoes (-5.6%), peppers (-1.1%) and mushrooms (-4.7%).

If we talk about the first quarter of 2022, just under 80% of the fruit and vegetables turnover was generated by fresh produce. In terms of total volume, fresh produce accounted for 77.2% in the first quarter, while non-perishables accounted for 14.6%.


Fresh Plaza. Subida de precios para las frutas y hortalizas en Estados Unidos. https://www.freshplaza.es/article/9418704/subida-de-precios-para-las-frutas-y-hortalizas-en-estados-unidos/

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