Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Bangladesh - 2022

Contents:

  1. Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Bangladesh (CIF) - 2022
  2. Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Bangladesh (FOB) - 2022
  3. Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Bangladesh
  4. Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Bangladesh

Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Bangladesh (CIF) - 2022

In 2022, the average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid amounted to $770 per ton, leveling off at the previous year. In general, the import price continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2014 an increase of 24%. As a result, import price reached the peak level of $1,204 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,532 per ton), while the price for China ($707 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+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 Bangladesh (FOB) - 2022

The average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1,128 per ton in 2022, approximately mirroring the previous year. Overall, the export price, however, continues to indicate a mild decrease. The pace of growth was the most pronounced in 2018 when the average export price increased by 62% against the previous year. As a result, the export price reached the peak level of $1,658 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Angola.

From 2012 to 2022, the rate of growth in terms of prices for Angola amounted to +2.4% per year.

Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Bangladesh

Imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid into Bangladesh dropped sharply to 1.7K tons in 2022, reducing by -18% compared with 2021. Overall, total imports indicated a pronounced increase from 2019 to 2022: its volume increased at an average annual rate of +3.1% 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 +27.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. As a result, imports reached the peak of 2.1K tons, and then contracted sharply in the following year.

In value terms, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid declined markedly to $1.3M in 2022. In general, imports showed a mild downturn. The pace of growth appeared the most rapid in 2021 with an increase of 56% against the previous year. As a result, imports attained the peak of $1.6M, and then dropped rapidly in the following year.

Import of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0017701,2671,0682.2%
India0.231.557.552.8541.5%
Singapore18837.944.348.0-36.6%
Italy34.724.446.943.88.1%
Turkey28.422.039.334.46.6%
Thailand31.526.729.324.6-7.9%
Others91.511311842.0-22.9%
Total1,3751,0251,6021,314-1.5%

Top Suppliers of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid to Bangladesh in 2022:

  1. China (1510.3 tons)
  2. India (40.0 tons)
  3. Singapore (35.9 tons)
  4. Turkey (33.4 tons)
  5. Thailand (32.1 tons)
  6. Italy (28.6 tons)

Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Bangladesh

After three years of growth, overseas shipments of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid decreased by -25% to 19 tons in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 100%. As a result, the exports reached the peak of 26 tons, and then shrank dramatically in the following year.

In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid fell rapidly to $22K in 2022. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 100% against the previous year. As a result, the exports attained the peak of $29K, and then fell dramatically in the following year.

Export of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Angola8.314.76.722.038.4%
PolandN/AN/A22.1N/A0%
Others0.1N/A0.6N/A144.9%
Total8.414.729.322.037.8%

Top Export Markets for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid from Bangladesh in 2022:

  1. Angola (19.5 tons)

Source: IndexBox Market Intelligence Platform

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