Cabbage Prices

Cabbage Prices December 2023

In the fourth quarter of 2023, the price trend of cabbage in the USA reached 0.38 USD/lb by December.

Cabbage Price Trend, Market Analysis, and News

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

Cabbage Market Analysis

The global cabbage market size reached 73.76 Million Tons in 2023. By 2032, IMARC Group expects the market to reach 85.09 Million Tons, at a projected CAGR of 1.60% during 2023-2032.

• Cabbage is used primarily in salads, where it has a somewhat crispy feel and mild flavor. Fresh cabbage can be shredded and mixed with other vegetables such as carrots, onions, and bell peppers to create a vibrant coleslaw. It is usually served cold and dressed with a vinaigrette or mayonnaise, making it popular for picnics and barbecues where the salad can be made well ahead of time. In addition, fruits, nuts, or even cheeses can be added to create more elaborate salads based on cabbage. Furthermore, the rising awareness among people about the health benefits of eating salads is catalyzing the demand for fresh and healthy salad-making ingredients. In 2023, Salad Days announced its expansion in Bengaluru and planned to launch three cloud kitchens.
• Apart from salads, cabbage is also often used in soups and stews. Because it takes on different flavors well, cabbage is a great base in robust dishes such as borscht (beet soup) and minestrone, which is an Italian dish. Once cooked, the cabbage wilts down and its sweetness contributes to increases or deepens the flavor of various dishes. In addition, cabbage is used frequently in soups and stocks for a light flavoring to create more filling meals.
• Fermentation is another popular method of preparing cabbage, resulting in dishes such as sauerkraut and kimchi. Sauerkraut, a traditional German food, is made by fermenting finely shredded cabbage with salt. This process not only preserves the cabbage but also enhances its nutritional value by increasing the levels of beneficial probiotics. Similarly, kimchi, a staple in Korean cuisine, is made by fermenting cabbage with a mixture of spices, garlic, ginger, and fish sauce. The fermentation process creates a complex, tangy flavor and a host of health benefits, including improved digestion and a strengthened immune system. In 2024, Franklin Farms launched a refrigerated organic shredded kimchi.
• Cabbage is also widely used in stir-fries and other quick-cooking methods. Its firm leaves hold up well under high heat, making it a perfect addition to dishes such as Chinese-style stir-fried vegetables and Japanese okonomiyaki, a savory pancake. When sautéed or stir-fried, cabbage retains its crunch while developing a slightly caramelized, sweet flavor. This makes it a versatile component in a variety of cuisines, adding both texture and taste to numerous recipes.

Cabbage News

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

Latest developments in the cabbage industry:

• February 2024: Cleveland Kitchen announced the launch of its new and delicious Kimchi Pickles in 466 Foods Markets
• April 2024: CJ CheilJedang announced the starting of Kimchi production in Australia under their brand Bibigo.

Product Description

Cabbage is a leafy vegetable belonging to the Brassica family and it has a dense, compact head composed of layered leaves. It can be green, red, or purple with smooth or crinkled leaves, depending on the variety. It is a popular ingredient in salads and coleslaw, providing a crunchy texture and fresh flavor. It is a key component in fermented dishes like sauerkraut and kimchi, where the formation process is employed to preserve cabbage leaves and enhance the nutritional profile with probiotics. It adds nutrients to hearty soups and stews as it releases a mild flavor. It is an excellent source of vitamins C and K and is high in fiber. Contains powerful antioxidants, including polyphenols and sulfur compounds, which help protect the body from oxidative stress and inflammation. Cabbage leaves are also used to wrap fillings like meat, rice, and vegetables in various traditional dishes.

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 cabbage price trend.

Global Cabbage Price

The report offers a holistic view of the global cabbage pricing trends in the form of cabbage 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 cabbage, 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 cabbage 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 Cabbage Price

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

North America Cabbage Price

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

Middle East and Africa Cabbage Price

The report explores the cabbage 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 Cabbage Price

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

Latin America Cabbage Price

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