Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in France - 2023

Contents:

  1. Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in France (CIF) - 2023
  2. Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in France (FOB) - 2023
  3. Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in France
  4. Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in France

Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in France (CIF) - 2023

In November 2023, the average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid amounted to $1,694 per ton, rising by 3.6% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in May 2023 an increase of 13% against the previous month. As a result, import price attained the peak level of $1,817 per ton. From June 2023 to November 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($3,574 per ton), while the price for Tunisia ($1,161 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+7.7%), 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 France (FOB) - 2023

The average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $2,522 per ton in November 2023, surging by 17% against the previous month. Over the period under review, the export price, however, showed a abrupt descent. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 25% m-o-m. The export price peaked at $5,334 per ton in November 2022; however, from December 2022 to November 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was the UK ($7,277 per ton), while the average price for exports to Germany ($1,515 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid into France expanded markedly to 271K tons in 2022, increasing by 6.2% compared with 2021. The total import volume increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 10%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid reached $303M in 2022. The total import value increased at an average annual rate of +11.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 20%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1381421551625.5%
Spain43.158.361.668.916.9%
Germany8.027.725.218.031.0%
Portugal10.411.414.715.714.7%
Tunisia1.45.46.915.5122.9%
Netherlands2.43.13.37.042.9%
Others13.812.412.316.05.1%
Total21726027930311.8%

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

  1. Italy (142.3K tons)
  2. Spain (75.6K tons)
  3. Tunisia (15.1K tons)
  4. Germany (13.3K tons)
  5. Portugal (12.8K tons)
  6. Netherlands (4.5K tons)

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

In 2022, approx. 14K tons of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid were exported from France; with a decrease of -5.5% on the previous year. Over the period under review, exports continue to indicate a deep setback.

In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $37M in 2022. The total export value increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium12.712.713.111.8-2.4%
United Kingdom6.15.33.59.917.5%
Germany4.03.42.72.4-15.7%
Netherlands1.61.61.92.19.5%
Spain0.70.52.91.631.7%
Italy2.90.91.01.1-27.6%
Poland0.90.70.60.8-3.9%
Switzerland1.11.21.00.8-10.1%
Others5.34.66.26.57.0%
Total35.331.032.937.01.6%

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

  1. Belgium (4.2K tons)
  2. Germany (2.1K tons)
  3. Netherlands (1.7K tons)
  4. United Kingdom (1.7K tons)
  5. Poland (0.8K tons)
  6. Spain (0.7K tons)
  7. Italy (0.6K tons)
  8. Switzerland (0.4K tons)

Source: IndexBox Market Intelligence Platform

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