Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Australia - 2024
Contents:
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Australia (CIF) - 2024
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Australia (FOB) - 2022
- Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Australia
- Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Australia
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Australia (CIF) - 2024
In January 2024, the average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid amounted to $1,598 per ton, which is down by -2.4% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2023 an increase of 4.7% against the previous month. As a result, import price attained the peak level of $1,637 per ton, and then declined slightly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($2,400 per ton), while the price for China ($1,438 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Australia (FOB) - 2022
The average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1,818 per ton in 2022, surging by 10% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 24%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($2,273 per ton), while the average price for exports to Thailand ($1,057 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Australia
In 2022, approx. 116K tons of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid were imported into Australia; growing by 17% against 2021 figures. The total import volume increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid surged to $145M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 68.6 | 86.0 | 84.9 | 105 | 15.2% |
| United States | 8.3 | 10.0 | 9.2 | 18.2 | 29.9% |
| China | 8.4 | 10.6 | 10.4 | 13.8 | 18.0% |
| Turkey | 3.7 | 5.3 | 4.4 | 5.1 | 11.3% |
| Others | 2.6 | 3.8 | 3.7 | 3.4 | 9.4% |
| Total | 91.6 | 116 | 113 | 145 | 16.5% |
Top Suppliers of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid to Australia in 2022:
- Italy (84.9K tons)
- United States (16.3K tons)
- China (10.2K tons)
- Turkey (2.1K tons)
Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Australia
After three years of growth, shipments abroad of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid decreased by -39.9% to 4K tons in 2022. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2020 with an increase of 193%.
In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid fell dramatically to $7.2M in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 242% against the previous year.
| Export of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | 4.7 | 6.7 | 3.6 | -12.5% |
| Vietnam | 0.8 | 1.3 | 1.0 | 1.3 | 17.6% |
| New Zealand | 0.9 | 1.4 | 1.7 | 0.8 | -3.9% |
| Thailand | 0.5 | 0.7 | 0.3 | 0.4 | -7.2% |
| Singapore | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| Others | 0.4 | 0.7 | 1.0 | 0.8 | 26.0% |
| Total | 2.6 | 9.0 | 10.9 | 7.2 | 40.4% |
Top Export Markets for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid from Australia in 2022:
- Japan (1575.5 tons)
- Vietnam (1062.3 tons)
- New Zealand (567.6 tons)
- Thailand (408.7 tons)
- Singapore (55.2 tons)
459
This report provides an in-depth analysis of the preserved tomato market in Australia.
763
This report provides an in-depth analysis of the tomato puree market in Australia.
848
This report provides an in-depth analysis of the global preserved tomato market.
1967
This report provides an in-depth analysis of the global tomato puree market.
459
This report provides an in-depth analysis of the preserved tomato market in Australia.
763
This report provides an in-depth analysis of the tomato puree market in Australia.
848
This report provides an in-depth analysis of the global preserved tomato market.
1967
This report provides an in-depth analysis of the global tomato puree market.
258
In terms of overall trend, imports remained relatively flat. However, the imports of Preserved Tomato witnessed a significant increase, reaching $8.4M in August 2023.
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2192
The global tomato ketchup and paste market had total revenues of X billion USD in 2013, representing a compound annual growth rate (CAGR) of X% between 2007 and 2013. The fastest growing exporters from 2007-2013 were the United Kingdom (+X% per
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In China, tomato products hold as much as X% of total tomato consumption, whereas they account for one-third of U.S. consumption. There remains substantial room for a surge in tomato paste consumption, as globalization trends are changing Chinese consu
258
In terms of overall trend, imports remained relatively flat. However, the imports of Preserved Tomato witnessed a significant increase, reaching $8.4M in August 2023.
139
Global demand for preserved tomatoes is on the rise, with the market expected to see continued growth over the next seven years. Market performance is projected to increase in both volume and value terms, with key countries like China, Russia, and the United States leading the way.
2135
The U.S. continued its dominance in the global trade of tomato ketchup and paste. In 2014, the U.S. exported X thousand tons of tomato ketchup and paste totaling X million USD, X% over the previous year. Its primary trading partner was Canada, w
1256
With the help of its neighboring country, Canada, the U.S. seized control of the global tomato ketchup trade. In 2014, the U.S. supplied X% of its total tomato ketchup exports into Canada, accounting for X% of total Canada's imports.
