Frozen Fruit Market Overview in Ireland
In value terms, frozen fruit production rose markedly to $ in 2018 estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to 2018; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when the production volume increased by % against the previous year. As a result, production reached the peak level of $. From 2015 to 2018, production growth failed to regain the momentum.
The value of the frozen fruit market in Ireland rose rapidly to $ in 2018, increasing by % 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). The market value increased at an average annual rate of +% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2010 when the market value increased by % y-o-y. Over the period under review, the market reached the peak level in 2018 and is expected to retain growth in the immediate term.