
United Kingdom - Tomato Ketchup And Tomato Sauces - Market Analysis, Forecast, Size, Trends And Insights
UK Tomato Ketchup Price Amounts to $1,196 per Ton After Peaking in January
United Kingdom Tomato Ketchup Import Price in July 2022
In July 2022, the tomato ketchup price stood at $1,196 per ton (CIF, United Kingdom), growing by 2.7% against the previous month. Over the period under review, the import price, however, saw a mild slump. The pace of growth was the most pronounced in May 2022 when the average import price increased by 8.2% m-o-m. The import price peaked at $1,277 per ton in January 2022; however, from February 2022 to July 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($1,849 per ton), while the price for Portugal ($932 per ton) was amongst the lowest.
From January 2022 to July 2022, the most notable rate of growth in terms of prices was attained by Poland (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
United Kingdom Tomato Ketchup Imports
In July 2022, imports of tomato ketchup and tomato sauces into the UK skyrocketed to 19K tons, growing by 39% compared with June 2022. The total import volume increased at an average monthly rate of +4.3% over the period from January 2022 to July 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The growth pace was the most rapid in March 2022 with an increase of 43% m-o-m. Imports peaked in July 2022.
In value terms, tomato ketchup imports surged to $23M (IndexBox estimates) in July 2022. The total import value increased at an average monthly rate of +3.2% from January 2022 to July 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. Imports peaked at 23K tons in March 2022; however, from April 2022 to July 2022, imports failed to regain momentum.
United Kingdom Tomato Ketchup Imports by Country
In July 2022, the Netherlands (11K tons) constituted the largest supplier of tomato ketchup to the UK, with a 59% share of total imports. Moreover, tomato ketchup imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Portugal (3.7K tons), threefold. Italy (1.1K tons) ranked third in terms of total imports with a 5.6% share.
From January 2022 to July 2022, the average monthly growth rate of volume from the Netherlands stood at +5.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: Portugal (+1.0% per month) and Italy (-2.1% per month).
In value terms, the Netherlands ($13M) constituted the largest supplier of tomato ketchup to the UK, comprising 55% of total imports. The second position in the ranking was held by Portugal ($3.4M), with a 15% share of total imports. It was followed by Italy, with an 8.4% share.
From January 2022 to July 2022, the average monthly growth rate of value from the Netherlands totaled +5.1%. The remaining supplying countries recorded the following average monthly rates of imports growth: Portugal (+0.8% per month) and Italy (-2.1% per month).
This report provides an in-depth analysis of the tomato ketchup market in the UK. 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.
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Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
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The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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