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U.S. - Tomato Ketchup And Tomato Sauces - Market Analysis, Forecast, Size, Trends And Insights
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Article Publishing Date: Jun 16, 2022
12,200 Tons of Tomato Ketchup Exported to Canada from the US in Apr 2022
IndexBox has just published a new report: 'U.S. - Tomato Ketchup And Tomato Sauces - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.
U.S. Tomato Ketchup Exports by Country
In Apr 2022, Canada (12K tons) is the main destination for tomato ketchup exports from the United States, accounting for a 51% share of total exports. Moreover, tomato ketchup exports to Canada exceeded the volume sent to the second major destination, Mexico (3.5K tons), fourfold. South Korea (1.4K tons) ranked third in terms of total exports with a 5.8% share.
From Jan 2021 to Apr 2022, the average monthly growth rate of volume to Canada amounted to +3.3%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Mexico (-35.0% per month) and South Korea (+87.6% per month).
In value terms, Canada ($13M) remains the key foreign market for tomato ketchup exports from the United States, comprising 51% of total exports. The second position in the ranking was occupied by Mexico ($3.5M), with a 13% share of total exports. It was followed by South Korea, with a 4.8% share.
From Jan 2021 to Apr 2022, the average monthly growth rate of value to Canada stood at +7.1%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Mexico (-27.9% per month) and South Korea (+56.6% per month).
Exports from the U.S.
In Apr 2022, overseas shipments of tomato ketchup and tomato sauces decreased by -4.2% to 24K tons for the first time since Apr 2019, thus ending a two-month rising trend. Over the period under review, exports saw a perceptible decrease. The pace of growth was the most pronounced in Mar 2021 with an increase of 34% m-o-m. The exports peaked at 30K tons in Apr 2021, and then fell in the following month.
In value terms, tomato ketchup exports declined to $26M (IndexBox estimates) in Apr 2022. The total export value increased at an average monthly rate of +1.6% over the period from Jan 2021 to Apr 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in Mar 2021 when exports increased by 31% month-to-month. Over the period under review, the exports attained the peak figure at $30M in Apr 2021, and then shrank in the following month.
Export Prices by Country
In Apr 2022, the average tomato ketchup export price amounted to $1,079 per ton, which is down by -2.4% against the previous month. Over the last fifteen months, it increased at an average monthly rate of +3.9%. The growth pace was the most rapid in Mar 2022 when the average export price increased by 4.3% month-to-month. As a result, the export price reached the peak level of $1,105 per ton; afterwards, it flattened through to Apr 2022.
Average prices varied somewhat for the major foreign markets. In Apr 2022, the countries with the highest prices were Guatemala ($1,243 per ton) and Japan ($1,114 per ton), while the average price for exports to South Korea ($893 per ton) and Mexico ($999 per ton) were amongst the lowest.
From Jan 2021 to Apr 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the tomato ketchup market in the U.S.. 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:
• Prodcom 10841230 - Tomato ketchup and other tomato sauces
Country coverage:
• United States
Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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
This Chapter is Available Only for the Professional Edition
PRO
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 2030
4. MOST PROMISING PRODUCT
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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume 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, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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