Cucumber Prices

Cucumber Prices December 2023

In December 2023, the price of cucumber in the USA reached 0.55 USD/lb.

Cucumber Price Trend, Market Analysis, and News

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

Cucumber Market Analysis

The global cucumber market size reached 96 million tons in 2023. By 2032, IMARC Group expects the market to reach 130.8 million tons, at a projected CAGR of 3.50% during 2023-2032.

• The increasing global focus on healthier eating habits is greatly expanding the cucumber market. The global wellness sector is expected to be worth 5.6 trillion dollars by 2022. According to the Global Wellness Institute (GWI), this sector would increase at an annual pace of 8.6 percent and reach US$ 8.5 trillion by 2027. Cucumbers are an outstanding example of a fresh, nutritious, and low-calorie food item that is gaining popularity with customers. They are high in water and essential nutrients, making them a popular choice among health-conscious individuals. Cucumbers are also promoted in a variety of health and wellness programs, detox diets, and as a hydrated snack, which contributes to their growing global popularity.
• Advances in greenhouse farming technology have had a positive impact on cucumber yield. According to the IMARC Group, the greenhouse horticulture business is expected to grow at an annual pace of 8%, reaching USD 63.3 billion by 2032. Greenhouses provide controlled settings that increase yield, eliminate pest infestations, and lengthen the growing season. Cucumbers can be grown all year, ensuring a continuous supply in the market.
• Organic agricultural practices are gaining popularity as consumers become more aware of the health benefits of organic foods that are free of synthetic pesticides and fertilizers. As per industry reports, the organic food business is predicted to reach $528.9 billion by 2032, expanding at a rate of 10.97% per year. Organic cucumbers are particularly popular among health-conscious customers and those concerned with environmental sustainability. Organic cucumbers are seen as healthier and safer, resulting in a greater readiness to pay a premium price. This tendency pushes farmers to embrace organic practices, hence accelerating market expansion.
• Cucumbers are becoming more attractive and have an extended shelf life due to advancements in packaging technologies. Innovations such as vacuum packaging, biodegradable wraps, and enhanced refrigeration techniques help maintain cucumber freshness and longevity, making them more convenient for consumers and retailers Furthermore, pre-cut and ready-to-eat (RTE) cucumber snacks appeal to current customers' hectic lifestyles, improving their marketability. These technologies help to reduce food waste, enhance logistics, and match customer desires for convenience and sustainability, resulting in total industry growth.
• The expansion of the foodservice industry, including restaurants, cafes, and catering services, is significantly contributing to the market growth. Cucumbers are a staple ingredient in salads, sandwiches, and garnishes, making them indispensable in many culinary applications. The trend towards healthy eating has also influenced menus, with more establishments offering fresh and nutritious options that feature cucumbers prominently. Additionally, the expansion of meal delivery services and ready-to-eat (RTE) meals is further supporting this demand.

Cucumber News

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

Latest developments in the cucumber industry:

• June 2024: Swami Keshvanand Agriculture University, Bikaner introduced an innovative solution for cucumber cultivation. This new method uses agro-net house or shade-net house, which shows promising results in cucumber farming during hot summer.
• February 2024: Syngenta Vegetable Seeds has inaugurated a modernized global breeding innovation facility. The facility focuses on developing new vegetable varieties, including cucumbers, through advanced breeding techniques and technologies. The goal is to provide farmers and consumers with higher yielding, more resilient, and nutritious vegetable crops.
• October 2023: Sakata Seed Corporation has expanded its presence in the cucumber market by acquiring Sana Seeds. This move complements their substantial investments in tomatoes and peppers. Sakata aims to offer a comprehensive portfolio to customers, leveraging the combined germplasms and expertise from both companies. They are actively investing in climate-controlled high-revenue markets and anticipate more cucumber varieties to emerge in the future.

Product Description

Cucumber (Cucumis sativus) is a widely cultivated creeping vine plant in the Cucurbitaceae family that bears cylindrical fruits, which are used as vegetables. It is grown globally and is known for its refreshing taste and high water content. Slicing, pickling, burpless, Persian, and English are some of the commonly available varieties of cucumbers. They are rich in calories, water, protein, carbohydrates, sugars, fiber, fat, potassium, magnesium, and vitamin C and K.

Production of cucumbers involves multiple steps, starting from seed selection, planting, irrigation, fertilization, pest control, harvesting, and post-harvest handling. They are widely used in salads, sandwiches, pickles, smoothies, sushi, garnishes, detox water, skincare, juicing, and cold soups. Cucumbers are known for their versatility, availability, affordability, high nutrient density, long shelf life, digestibility, and eco-friendly nature.

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 cucumber price trend.

Global Cucumber Price

The report offers a holistic view of the global cucumber pricing trends in the form of cucumber 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 cucumber, 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 cucumber 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 Cucumber Price

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

North America Cucumber Price

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

Middle East and Africa Cucumber Price

The report explores the cucumber 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 Cucumber Price

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

Latin America Cucumber Price

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