Eggplant Prices

Eggplant Prices December 2023

In the fourth quarter of 2023, the price of eggplant in the United States reached 0.58 USD/lb by December.

Eggplant Price Trend, Market Analysis, and News

IMARC's latest publication, “Eggplant Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” presents a detailed examination of the eggplant market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of eggplant at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed eggplant price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting eggplant 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.

Eggplant Market Analysis

The global Eggplant market size reached 60.89 Million Tons in 2023. By 2032, IMARC Group expects the market to reach 85.17 Million Tons, at a projected CAGR of 3.80% during 2023-2032.

• The eggplant market is experiencing significant growth driven by a variety of factors. One of the primary drivers is the increasing global demand for healthy and nutritious food. For instance, the 2023 Food and Health Survey by the International Food Information Council, conducted online with 1,022 Americans aged 18 to 80 between April 3rd and April 10th, 2023, revealed key insights with 42% of Americans encountered social media content on food and nutrition in the past year. This exposure is higher among Gen Z (71%) and Millennials (58%), as compared to Gen X (36%) and Boomers (22%). 60% of Americans reported that social media content has encouraged them to make healthier food choices.
• The rise in vegetarian and vegan diets has also contributed to the growing demand, as eggplants serve as a versatile and nutritious meat alternative. According to the Plant Based Foods Association (PBFA), 70% of U.S. citizens consumed plant-based foods in 2023, an increase from 66% in 2022. About 67% of Americans believe plant-based foods are healthier than animal-based products, with 42% planning to consume more plant-based foods and 27% intending to reduce their intake of animal-based foods. Moreover, by 2023, there were about 88 million vegans worldwide, or about 1.1% of the global population. Annual retail sales of plant-based foods in the U.S. have exceeded $5 billion, growing at an annual rate of 18.4%. Nearly 6% of U.S. consumers are vegan, totaling over 9.7 million people. Furthermore, the expansion of the culinary industry and the popularity of international cuisines that heavily feature eggplant, such as Mediterranean and Middle Eastern dishes, are boosting the product demand.
• Advances in agricultural practices and technologies are another critical factor, enabling higher yields and better-quality produce. Eggplant production faces significant challenges due to two major insect pests: the eggplant fruit and shoot borer (EFSB) and the leafhopper (LH). EFSB can cause yield losses of up to 90%, while LH can result in losses of up to 50% under severe pest pressure. To combat these pests, farmers often rely on excessive chemical sprays, as conventional breeding has not produced commercially viable resistant varieties. Consequently, innovations in breeding techniques have led to the development of eggplant varieties that are more resistant to pests and diseases, further enhancing productivity and reducing losses.
• Additionally, the trend towards organic farming and the increased availability of organic eggplants cater to the preferences of a segment of consumers who are willing to pay a premium for organic produce. The survey, published by the Department of Agriculture, Food and the Marine on 20 February 2024, highlights the growing demand for organic feed. The number of farmers engaged in organic farming doubled to 4,000 in 2023, with an additional 1,000 joining the Organic Farming Scheme in 2024. Organic land is expected to account for 5% of the total agricultural area in 2024, advancing towards the target of 10% by 2030 as outlined in Ireland’s Climate Action Plan. The globalization of trade and improved supply chain logistics have also played a significant role in making eggplants more accessible to a broader market.
• Government initiatives and support for sustainable agriculture and food security are also fostering the growth of the eggplant market. For instance, the Ministry of Agriculture in India plays a vital role in enhancing the country’s agricultural output and ensuring food security. Recognizing the challenges faced by farmers, it has introduced various schemes to promote sustainable farming and boost productivity. Programs like the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) offer direct income support to farmers, while the Rashtriya Krishi Vikas Yojana (RKVY) emphasizes comprehensive agricultural growth. Additionally, the National Food Security Mission (NFSM) aims to increase the production of staple foods. These initiatives include subsidies for farmers, research and development in crop improvement, and policies promoting agricultural exports.

Eggplant News

The report covers the latest developments, updates, and trends impacting the price of Eggplant, 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 Eggplant price trend.

Latest developments in the Eggplant industry:

• In June 2023, Sysco Corporation announced that its specialty produce company, FreshPoint, has agreed to acquire BIX Produce, a leading specialty produce brand and fresh cut distributor based in Minnesota. This acquisition will enable FreshPoint to expand its geographic footprint into a region where it currently has no operations, enhance its specialty produce offerings, and incorporate a custom, high-quality 200,000 sq. ft. production and warehouse facility.
• In January 2023, Dole plc sold its Fresh Vegetables Division to Fresh Express Incorporated to enhance innovation, efficiency, and food safety, aiming to improve their future offerings and services.

Product Description

Eggplant, also known as aubergine, is a versatile and nutritious vegetable that belongs to the nightshade family, Solanaceae. It is characterized by its glossy, purple skin and spongy, creamy white flesh. Eggplants are rich in dietary fiber, vitamins such as B1, B6, and K, and minerals like potassium and magnesium, making them a healthy addition to various diets. They also contain antioxidants, particularly nasunin, which is beneficial for brain health. Widely used in global cuisines, eggplants can be grilled, roasted, baked, or sautéed, and are key ingredients in dishes like ratatouille, baba ghanoush, and eggplant parmesan. Their mild flavor and ability to absorb other flavors make them a favorite in both vegetarian and meat-based recipes. Cultivated in warm climates, eggplants are grown globally and are valued for their culinary versatility and health benefits.

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 eggplant price trend. 

Global Eggplant Price

The report offers a holistic view of the global eggplant pricing trends in the form of eggplant 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 eggplant, 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 eggplant 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 Eggplant Price

European eggplant 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 eggplant can also be provided for an extensive list of European countries.

North America Eggplant Price

The analysis of eggplant 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 eggplant historical data within the United States and Canada can also be provided.

Middle East and Africa Eggplant Price

The report explores the eggplant 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.

Asia Pacific Eggplant Price

The eggplant 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 eggplant price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Eggplant Price

The analysis of eggplant 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.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of eggplant pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
• The study examines factors affecting eggplant 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 eggplant price charts ensure our clients remain at the forefront of the industry.