Latest Report Update: Feb 22, 2019

U.S. - Tomato - Market Analysis, Forecast, Size, Trends and Insights

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Article Publishing Date: Jun 28, 2018

Canada Remains the Key Foreign Market for American Tomatoes

IndexBox has just published a new report "U.S.: Tomato - Market Report. Analysis And Forecast To 2025". Here is a summary of the report’s key findings.

The U.S. Tomato Market Continued to Decline

In 2017, the U.S. tomato market accounted to $12.8B in wholesale prices, which was $2.2B (or 15%) less than the year before and $5.4B (or 30%) less than its highest level observed in 2015. Over the period under review, the U.S. tomato market illustrated a mixed trend pattern with a noticable decline over the last two years. According to IndexBox estimates, in physical terms the market volume plunged over the last two years to 14.1M tonnes in 2017. This decline was caused by shrinking harvested areas of processing tomatoes due to lowering prices on the global tomato paste market; some adverse weather conditions in California and Florida also made an impact. 

Tomato Market is Forecasted to Reach 16.4M Tonnes by 2025

Tomatoes constitute one of the major vegetables in American cuisine, being consumed both in fresh form and in processed form as ketchup, tomato sauce and paste. Driven by the anticipated growth of population, growing popularity of healthy eating, using fresh tomatoes and tomato sauces for sandwiches, pizza and other products in "fast food", tomato sector is expected to enjoy strong cosumer demand. Therefore, the performance of the market is forecast to accelerate slightly, with an anticipated CAGR of +1.7% from 2016 to 2025, which is expected to bring the market volume to 16.4M tonnes by 2025.

U.S. Tomato Output Slumps for the Second Consecutive Year

The U.S. tomato production illustrated a fluctuated dynamic from 2007 to 2017, with a overall decline. In 2017, production decreased by 14% to 12.5M tonnes, which was equal to $10.9B. The decline of production resulted from weak demand for tomato paste from local processors, as export market tightened due to increasing supplies and lower prices.

Tomatoes for Processing Dominate the U.S. Tomato Output

Tomatoes for processing accounted for the highest share (91% in 2017) of U.S. tomato manufacturing, followed by tomatoes for fresh market (9%). 

The most notable decline in U.S tomato manufacturing from 2007 to 2017 was attained by tomatoes for fresh market (-3.6% per year), while tomatoes for processing experienced mode moderate decline (-1.1%). However, in absolute terms that decline was tangible, determinating the overall output slump.

The Market Share of Imported Tomatoes Increased Slightly

The share of imported tomatoes in terms of total tomato consumption in the U.S. continues to increase gradually: in accounted for 13% in 2017 against 7% in 2007. Prices on the domestic market gorw faster than import prices, which promotes an increased supply of cheaper tomatoes, mainly from Mexico. 

The Decline of Production over 2016-2017 Boosted U.S. Tomato Imports

The volume of total U.S. tomato imports totaled 1,789K tonnes in 2017, expanding at an average annual rate of +5.3% over the period under review. In value terms, it equated $2,272M. Imports soared noticeably from 2016-2017, on the backdrop of shrinking domestic production due to adverse weather conditions.

Mexico (1,612K tonnes) remains a key supplier of tomatoes into the U.S., comprising approx. 90% of total U.S. imports in 2017. Canada (165K tonnes) lagged far behind Mexico in terms of the volume of imports, with a 9% share. There were also some imports from minor supplying countries (the Dominican Republic and Guatemala), but their volumes are negligible and don’t affect the market.

Canada Remains the Key Foreign Market for American Tomatoes

The U.S. exported 204K tonnes of tomatoes in 2017, which equalled to $333M; this number, however, accounted for only 2% of U.S. tomato output. The volume of exports decreased gradually by on average -1.8% per year from 2007-2017. Overall, the trend pattern of exports reflected the decline of national tomato production. Since exports compire only a small share in the total output, it hardly can be considered as a major driver of the tomato industry.

In 2017, Canada (195K tonnes) constituted the main destination of U.S. tomato exports, with the share of 95% of the total figure. Mexico (6.5K tonnes) remains the second major destination, with the share of 3%. From 2007-2017, the share exported to Canada increased (+12 percentage points), while the share sent to Mexico illustrated negative dynamics (-11 percentage points). The shares of the other countries remained relatively stable throughout the analyzed period. Mexico increased its exports of tomatoes into the U.S., consequently, there is no tangible demand for American tomatoes.

Do you want to know more about the U.S. tomato market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • tomato market share
  • tomato prices
  • tomato industry
  • tomato sales
  • tomato import
  • tomato export
  • tomato market forecast
  • tomato price forecast
  • key tomato producers

Source: IndexBox AI Platform

Product coverage:
• FCL 388 - Tomatoes, fresh

This report provides an in-depth analysis of the tomato market in the USA. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the USA
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007-2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2018
Figure 5:
Trade Balance, In Physical Terms, 2007-2018
Figure 6:
Trade Balance, In Value Terms, 2007-2018
Figure 7:
Per Capita Consumption, 2007-2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2018
Figure 22:
Production, In Value Terms, 2007–2018
Figure 23:
Area Harvested, 2007–2018
Figure 24:
Yield, 2007–2018
Figure 25:
Imports, In Physical Terms, 2007–2018
Figure 26:
Imports, In Value Terms, 2007–2018
Figure 27:
Imports, In Physical Terms, By Country, 2018
Figure 28:
Imports, In Physical Terms, By Country, 2007–2018
Figure 29:
Imports, In Value Terms, By Country, 2007–2018
Figure 30:
Import Prices, By Country Of Origin, 2007–2018
Figure 31:
Exports, In Physical Terms, 2007–2018
Figure 32:
Exports, In Value Terms, 2007–2018
Figure 33:
Exports, In Physical Terms, By Country, 2018
Figure 34:
Exports, In Physical Terms, By Country, 2007–2018
Figure 35:
Exports, In Value Terms, By Country, 2007–2018
Figure 36:
Export Prices, By Country Of Destination, 2007–2018
Ready to Get Started?

We can help you conduct market research and write a report using the most reliable data

Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data