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Dragon Fruit Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A24427
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Dragon Fruit Prices December 2023
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Dragon Fruit | Agriculture | USA | 3052 USD/MT |
| Dragon Fruit | Agriculture | China | 1137 USD/MT |
| Dragon Fruit | Agriculture | Germany | 1495 USD/MT |
In the fourth quarter of 2023, the price of dragon fruit in the United States reached 3052 USD/MT by December. Similarly, in China, dragon fruit prices reached 1137 USD/MT in the same month. Whereas, Germany also witnessed dragon fruit prices reaching 1495 USD/MT during Q4 2023.
Dragon Fruit Price Trend, Market Analysis, and News
IMARC's latest publication, “Dragon Fruit Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” presents a detailed examination of the dragon fruit market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of dragon fruit at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed dragon fruit price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting dragon fruit pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.
Dragon Fruit Market Analysis
The global dragon fruit market size reached US$ 14.13 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 22.15 Billion, at a projected CAGR of 5.12% during 2023-2032.
- The market for dragon fruits is rapidly growing due to rising awareness about the benefits of the fruit for health among consumers. Dragon fruit containing potent antioxidants, vitamins C and B, iron, and magnesium, targets health-conscious consumers who are in constant search for healthy fruit. For instance, the U.S. Department of Agriculture (USDA) reported that such nutritional features make dragon fruit considered a superfood, which helps to strengthen the immune system, improve the skin, and contribute to overall health. The awareness about the same has led to requirements in the domestic and the international markets which has further led to production and consumption across the world.
- Demand for exotic fruits such as dragon fruit has been rapidly growing in the last few years around the world. According to the Ministry of Agriculture and Rural Development, one of the largest dragon fruit exporters, Vietnam, recorded a 63% rise in exports of the fruit in 2023 over 2022. This is mostly due to the increasing export market as seen in China and the United States due to the exotic and perceived nutritional values of dragon fruit. The aesthetic quality of the fruit, combined with nutritional properties, has placed this fruit in a strategic position in the global competition fruits for export and thus has helped Vietnam’s export market.
- The increase in cultivation practices has been instrumental in the increased production of dragon fruits globally. As reported by the International Production Assessment Division (IPAD), Mexico, one of the leading producers, recorded a 15% rise in yield in 2022, due to enhanced methods and the use of technologies. Some of these techniques include irrigation techniques, disease control, and improved soil fertility as well as soil composition, leading to increased production and quality of fruits. These innovations do guarantee a steady provision to cater to the increasing demand and encourage environmentally friendly practices in farming. These improvements in cultivation processes bring better efficiency and productivity to the dragon fruit market which will further support its growth and development in meeting the domestic and international demand.
Dragon Fruit News
The report covers the latest developments, updates, and trends impacting the price of dragon fruit, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, technological innovations, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the dragon fruit price trend.
Latest developments in the dragon fruit industry:
- In June 2024, Dragon fruit production in Kutch surged by 38% over the past two years. This increase underscores the region's growing importance as a dragon fruit cultivation hub, driven by favorable agricultural conditions, technological advancements, and increased farmer participation, contributing to enhanced local and potentially broader market supply.
Product Description
Dragon fruit is a fruit species derived from the cactus plant belonging to the Hylocereus genus. It is a cactus plant most easily recognized by its bright pink or yellow skin guarded by scales, resembling a dragon’s scales naturally giving it the name. Depending on the kind, its pulp can be white, red, or magenta, dotted with black inedible seeds.
Apart from its spiky green and red skin, dragon fruit is favored for its taste is described as mildly sweet, and is similar to a combination of pear and kiwi. It can be relaxing and rich in nutritional value and packed with antioxidants such as betalains, vitamins especially vitamin C, iron, and magnesium. These nutrients are attributed to the reasons why people take Echinacea for enhancing the immune system, and digestion and has anti-inflammatory properties.
As a culinary ingredient, it is eaten fresh, or it can be included in salads or be blended into a smoothie, or used, as a colorful garnish on dessert or cocktail. The continued expanded use in different countries is due to the aesthetics as well as the nutritional importance of this product.
Regional Coverage
The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the dragon fruit price trend.
Global Dragon Fruit Price
The report offers a holistic view of the global dragon fruit pricing trends in the form of dragon fruit price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of dragon fruit, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed dragon fruit demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Dragon Fruit Price
European dragon fruit prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.
Detailed price information for dragon fruit can also be provided for an extensive list of European countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Dragon Fruit Price
The analysis of dragon fruit prices in North America delves into the regional industry dynamics, encompassing the impact of local production and the trade flows between North America and other significant global markets.
Specific dragon fruit historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Dragon Fruit Price
The report explores the dragon fruit pricing trends in the Middle East and Africa, considering factors like the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
Region-wise data and information on specific countries within these regions can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Dragon Fruit Price
The dragon fruit pricing trends in the Asia Pacific are examined, reflecting the role of the region as a major global producer and consumer of agricultural products, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.
This dragon fruit price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Dragon Fruit Price
The analysis of dragon fruit prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, agricultural output, and trade frameworks.
This comprehensive review can be extended to include specific countries within Latin America.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Dragon Fruit |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Dragon Fruit Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
|
| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of dragon fruit pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
- The study examines factors affecting dragon fruit price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The dragon fruit price charts ensure our clients remain at the forefront of the industry.
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