Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Norway - 2024
Contents:
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Norway (CIF) - 2022
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Norway (FOB) - 2022
- Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Norway
- Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Norway
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Norway (CIF) - 2022
The average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1,340 per ton in 2022, picking up by 4.1% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 12% against the previous year. Over the period under review, average import prices hit record highs at $1,360 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($2,209 per ton), while the price for Israel ($874 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+4.6%), 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 Norway (FOB) - 2022
The average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $2,969 per ton in 2022, increasing by 2.5% against the previous year. Over the period under review, the export price enjoyed buoyant growth. The pace of growth was the most pronounced in 2021 an increase of 82%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($4,759 per ton), while the average price for exports to Finland ($2,530 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 Denmark (+11.8%), 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 Norway
Imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid into Norway expanded slightly to 28K tons in 2022, increasing by 4.2% compared with the previous year. The total import volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 13%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid expanded sharply to $37M in 2022. The total import value increased at an average annual rate of +12.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 16%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 12.6 | 16.3 | 17.3 | 18.3 | 13.2% |
| China | 0.9 | 3.1 | 3.5 | 4.7 | 73.5% |
| Greece | 3.7 | 3.4 | 4.9 | 4.2 | 4.3% |
| Portugal | 1.7 | 2.3 | 2.9 | 3.4 | 26.0% |
| Spain | 1.2 | 1.7 | 1.8 | 2.0 | 18.6% |
| Chile | 1.4 | 0.8 | 0.8 | 1.3 | -2.4% |
| United States | 1.9 | 0.6 | 0.5 | 0.8 | -25.0% |
| Others | 2.6 | 2.2 | 2.2 | 2.1 | -6.9% |
| Total | 26.1 | 30.4 | 34.0 | 36.9 | 12.2% |
Top Suppliers of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid to Norway in 2022:
- Italy (11.6K tons)
- Greece (4.5K tons)
- China (3.9K tons)
- Portugal (3.1K tons)
- Spain (1.8K tons)
- United States (0.8K tons)
- Chile (0.7K tons)
Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Norway
In 2022, after three years of growth, there was significant decline in shipments abroad of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid, when their volume decreased by -41.9% to 31 tons. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 172%.
In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid shrank significantly to $91K in 2022. In general, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 144% against the previous year.
| Export of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 8.3 | 13.4 | 39.2 | 51.6 | 83.9% |
| Sweden | 14.3 | 12.5 | 33.6 | 29.4 | 27.2% |
| Denmark | 3.2 | 0.4 | 6.0 | 5.3 | 18.3% |
| Iceland | N/A | 2.9 | 2.6 | 3.9 | 16.0% |
| Spain | N/A | 33.3 | 1.0 | N/A | -97.0% |
| Belgium | N/A | N/A | 57.4 | N/A | 0% |
| Italy | N/A | 3.1 | N/A | N/A | 0% |
| Others | 1.4 | 1.0 | 13.7 | 1.2 | -5.0% |
| Total | 27.3 | 66.6 | 153 | 91.4 | 49.6% |
Top Export Markets for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid from Norway in 2022:
- Finland (20.4 tons)
- Sweden (8.0 tons)
- Denmark (1.1 tons)
- Iceland (0.9 tons)
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This report provides an in-depth analysis of the global preserved tomato market.
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