Pears Prices

Pears Prices December 2023

In 2023, the price of pears in the United States reached 2673 USD/MT by December.

Similarly, in China, the pears prices hit 2135 USD/MT in December 2023.

Germany also saw pears prices reaching 1562 USD/MT during December 2023.

Pears Price Trend, Market Analysis, and News

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

Pears Market Analysis

The global pears market size reached 25.18 million tons in 2023. By 2032, IMARC Group expects the market to reach 34.02 million tons, at a projected CAGR of 3.40% during 2023-2032.

• Pears are gaining recognition for their numerous health advantages, including high fiber content, essential vitamins, and antioxidants, which help to improve digestion, enhance immune systems, and lower the risk of chronic diseases. Chronic diseases kill 41 million people each year, accounting for 74% of all deaths worldwide. It has also been found that 17 million people under the age of 70 die each year as a result of these ailments. This has motivated people to embrace healthier lifestyles and include healthy foods, such as pears, in their daily diets.
• The growing concern about synthetic chemicals and pesticides that are used in producing fruits has made many consumers opt for organically grown produce. Thus, the industry for organic foods is expanding at an impressive pace of 10.97% each year and is expected to reach $528.9 billion by 2032. Organic pears that are free from synthetic fertilizers and pesticides cater to this demand. Moreover, better access to products in supermarkets and online stores, along with increased certifications and regulations that assure consumers of the quality and authenticity of organic pears, has increased the expansion of this market.
• The demand for pears is growing rapidly in emerging regions such as Asia-Pacific and Latin America. Economic expansion and higher disposable incomes in these regions have resulted in increased consumption of fruits, particularly pears. For example, India's per capita disposable income increased by 8% in FY24 and 13.3% in FY23. Furthermore, the increase in retail infrastructure and improved supply chains make pears more accessible to customers. The Indian online grocery sector is predicted to reach US$ 26.93 billion by 2027, up from US$ 3.95 billion in FY21, at a 33% CAGR. This rise of e-commerce has had a significant impact, allowing consumers to purchase pears from the convenience of their homes.
• The widespread adoption of vegetarian and vegan lifestyles by people, which is creating the demand for plant-based foods, is driving the market expansion. The market for plant-based food products is estimated to reach US$ 29.0 billion by 2032, representing an impressive 11.5% growth rate. Pears are a delicious and healthy addition to plant-based diets, delivering critical nutrients without using animal products. This nutritional trend towards plant-based eating patterns has a substantial impact on the growth of the pear market.

Pears News

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

Latest developments in the pears industry:

• In January 2023, BayWa Global spent heavy investment on infrastructure to improve its ability to supply high-quality fresh produce and performance with new and expanded packhouse facilities that are equipped with brand-new technology in Germany, Netherlands, and New Zealand. A new pear grading and packing machine has been added to the operation to improve resilience and performance.
• In May 2023, Hectre released the Spectre for Pears app. The app enables users to gain massive-sized samples from a photo taken on a standard iPad. Applying AI technologies and a lot of gymnastics in the cloud, the app returns pear size data within seconds, and with no touch on the fruit. More than 80 pears per bin can be detected and sized almost instantly. With the app's speed and high detection rates, in just a few minutes growers could be looking at a sample size of 800 pears.

Product Description

Pear refers to a type of edible fruit that is characterized by its distinctive bell shape, sweet taste, and juicy texture. It is available in various types, including Bartlett, Bosc, Anjou, Comice, and Seckel, each differing in color, texture, and flavor. The fruit possess distinct properties, such as its high-water content, dietary fiber, and vitamins. It is consumed fresh, canned, or dried and is used in baking, cooking, and juicing. It is also used as ingredients in salads, baby food, health snacks, wine and cider production, skincare products, and gourmet cuisine.

Pears offer numerous benefits, such as improving digestive health, boosting the immune system, aiding weight loss, reducing the risk of chronic diseases, enhancing skin health, providing hydration, supporting heart health, offering anti-inflammatory properties, improving blood circulation, and preventing osteoporosis. They are lauded for their versatility in culinary uses, long shelf life, wide availability, affordability, low allergenic potential, nutrient density, and natural sweetness.

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 pears price trend. 

Global Pears Price

The report offers a holistic view of the global pears pricing trends in the form of pears 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 pears, 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 pears 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 Pears Price

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

North America Pears Price

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

Middle East and Africa Pears Price

The report explores the pears 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 Pears Price

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

Latin America Pears Price

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