Spain - Tomato Juice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSpain's October 2023 Tomato Juice Exports Sink by 12% to $1.5M
Spain Tomato Juice Exports
Tomato juice exports from Spain fell to 1.5K tons in October 2023, which is down by -10.6% compared with September 2023. In general, exports, however, posted a pronounced increase. The pace of growth appeared the most rapid in June 2023 with an increase of 222% m-o-m. As a result, the exports attained the peak of 3.8K tons. From July 2023 to October 2023, the growth of the exports remained at a somewhat lower figure.
In value terms, tomato juice exports shrank to $1.5M (IndexBox estimates) in October 2023. Over the period under review, exports, however, showed prominent growth. The growth pace was the most rapid in June 2023 when exports increased by 326% month-to-month. As a result, the exports reached the peak of $4.7M. From July 2023 to October 2023, the growth of the exports remained at a somewhat lower figure.
| COUNTRY | Export Value of Tomato Juice in Spain (thousand USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | |
| France | 272 | 207 | 189 | 164 | 213 | 1,115 | 787 | 428 | 3,689 | 3,197 | 2,458 | 1,018 | 768 |
| Japan | 48.4 | 35.4 | 99.3 | 88.9 | 83.2 | 72.8 | 77.2 | 107 | 59.3 | 61.8 | 46.3 | 155 | 218 |
| Morocco | 99.6 | 141 | 188 | 195 | 201 | 248 | 214 | 254 | 139 | 440 | 231 | 251 | 173 |
| Portugal | 42.5 | 103 | 59.5 | 84.2 | 47.1 | 25.0 | 74.0 | 43.8 | 119 | 134 | 127 | 64.8 | 98.3 |
| United Kingdom | 150 | 90.0 | 83.9 | 76.5 | 41.7 | 116 | 113 | 121 | 137 | 102 | 145 | 118 | 81.1 |
| Others | 76.4 | 110 | 42.6 | 269 | 129 | 318 | 184 | 144 | 533 | 459 | 204 | 118 | 185 |
| Total | 690 | 686 | 663 | 878 | 714 | 1,894 | 1,450 | 1,097 | 4,677 | 4,393 | 3,211 | 1,725 | 1,524 |
Exports by Country
France (607 tons) was the main destination for tomato juice exports from Spain, with a 41% share of total exports. Moreover, tomato juice exports to France exceeded the volume sent to the second major destination, Japan (303 tons), twofold. Morocco (178 tons) ranked third in terms of total exports with a 12% share.
From October 2022 to October 2023, the average monthly rate of growth in terms of volume to France stood at +6.1%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Japan (+9.0% per month) and Morocco (+3.6% per month).
In value terms, France ($768K) remains the key foreign market for tomato juice exports from Spain, comprising 50% of total exports. The second position in the ranking was held by Japan ($218K), with a 14% share of total exports. It was followed by Morocco, with an 11% share.
From October 2022 to October 2023, the average monthly growth rate of value to France amounted to +9.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Japan (+13.4% per month) and Morocco (+4.7% per month).
Export Prices by Country
In October 2023, the tomato juice price stood at $1,039 per ton (FOB, Spain), remaining stable against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.7%. The most prominent rate of growth was recorded in June 2023 an increase of 32% month-to-month. As a result, the export price attained the peak level of $1,215 per ton. From July 2023 to October 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was France ($1,266 per ton), while the average price for exports to Japan ($719 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the tomato juice market in Spain. 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 2030.
Product coverage:
- FCL 390 - Juice of Tomatoes
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
