Market Insights
19-06-2024
In 2022, the global market for jams witnessed substantial growth, with international sales reaching a remarkable US$4.13 billion, marking a significant 15.3% increase over the past five years. While this growth represents a robust trend in the industry, year over year, the value of exported jams saw a modest 2.7% rise compared to the previous year.
The top five exporters of jams, namely France, Italy, Türkiye, Spain, and Germany, played a pivotal role in driving the market forward, collectively contributing 40.3% to the overall value of global jam exports in 2022. These nations have established themselves as key players in meeting the increasing demand for jams worldwide.
Europe emerges as the dominant region in the international jam market, accounting for a substantial 59.9% of the total value of global jam exports in 2022. Asian exporters also made significant contributions, comprising 20.6% of the market share. Meanwhile, Latin American and North American exporters collectively contributed 15.8% to global jam exports.
Top Jams Exporting Countries
Here are the top 15 countries by jam exports in 2022:
1. France: US$536.5 million (13%)
2. Italy: $350 million (8.5%)
3. Türkiye: $279.4 million (6.8%)
4. Spain: $263.6 million (6.4%)
5. Germany: $233.6 million (5.7%)
6. Belgium: $228.3 million (5.5%)
7. India: $211.6 million (5.1%)
8. Chile: $205.2 million (5%)
9. Netherlands: $160.7 million (3.9%)
10. United States: $155.3 million (3.8%)
11. Greece: $116.8 million (2.8%)
12. Poland: $111.5 million (2.7%)
13. China: $97.3 million (2.4%)
14. Austria: $85.7 million (2.1%)
15. Canada: $65.2 million (1.6%)
These top exporters collectively accounted for an impressive 86.5% of global jam exports in 2022.
While Chile, Greece, Egypt, and Thailand experienced significant growth in jam exports since 2021, others faced declines, including Russia, mainland China, Austria, Türkiye, and Sweden.
France led the way with the highest surplus in jam exports, reaffirming its competitive advantage in this sector. On the other hand, the United States faced the most substantial deficit, indicating opportunities for jam-supplying countries to meet consumer demand.
Jam Exporting Companies
Key players in the jam industry include:
1.CÔNG TY TNHH JA SOLAR VIỆT NAM(32.81%, $81.32 Million)
2.NILONS ENTERPRISES PVT LTD(18.05%, $44.73 Million)
3.UNIVERSAL PRECISION SCREWS PRIVATE LIMITED(12.7%, $31.48 Million)
4.PGP GLASS PRIVATE LIMITED(6.8%, $16.86 Million)
5.INTAS PHARMACEUTICALS LTD(3.01%, $7.45 Million)
6.CÔNG TY LIÊN DOANH ORANA VIỆT NAM(1.78%, $4.42 Million)
7.ABHI METALS(1.59%, $3.95 Million)
8.MAYORA INDAH TBK(1.54%, $3.82 Million)
9.CV ANANDA DAMAI INDAH(1.09%, $2.69 Million)
10.PRECISION MOULDS AND DIES PVT LTD(1%, $2.47 Million)
These companies play a crucial role in meeting global demand for jams, ensuring consumers worldwide can enjoy the delightful flavors of this beloved spread.
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