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

Contents:

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

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

In November 2023, the average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid amounted to $1,442 per ton, which is down by -2.3% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 7% month-to-month. Over the period under review, average import prices hit record highs at $1,487 per ton in April 2023; however, from May 2023 to November 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Hungary ($1,808 per ton), while the price for Serbia ($952 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 Iran (+1.8%), 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 Romania (FOB) - 2023

The average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $2,006 per ton in November 2023, rising by 8.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.8%. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 14% month-to-month. The export price peaked at $2,145 per ton in July 2023; however, from August 2023 to November 2023, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In November 2023, the countries with the highest prices were Belgium ($2,485 per ton) and Ireland ($2,454 per ton), while the average price for exports to Moldova ($1,660 per ton) and Italy ($1,674 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.0%), 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 Romania

Imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid into Romania rose remarkably to 46K tons in 2022, surging by 6.9% on 2021 figures. Over the period under review, imports showed a slight expansion.

In value terms, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid soared to $53M in 2022. The total import value increased at an average annual rate of +12.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy14.215.417.020.412.8%
Germany6.07.26.88.311.4%
Egypt1.71.64.45.547.9%
Poland2.13.33.64.528.9%
China6.37.04.24.0-14.1%
Hungary1.71.71.81.93.8%
Bulgaria1.00.61.41.719.3%
Turkey0.40.31.31.555.4%
Ukraine0.81.01.40.80.0%
IranN/A1.91.10.5-48.7%
Czech Republic1.31.20.60.2-46.4%
Others1.92.22.23.826.0%
Total37.543.445.753.112.3%

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

  1. Italy (18.3K tons)
  2. Germany (7.9K tons)
  3. Poland (4.4K tons)
  4. Egypt (4.1K tons)
  5. China (2.9K tons)
  6. Hungary (1.5K tons)
  7. Turkey (1.2K tons)
  8. Bulgaria (1.0K tons)
  9. Ukraine (0.7K tons)
  10. Iran (0.6K tons)
  11. Czech Republic (0.1K tons)

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

Exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid from Romania soared to 1.2K tons in 2022, with an increase of 16% on the previous year. The total export volume increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 26%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid surged to $1.8M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.7% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 35%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

Export of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom6267118267626.8%
Moldova13134127355962.2%
UkraineN/AN/AN/A1390%
Italy81.284.493.369.8-4.9%
Spain49.160.964.964.39.4%
Hungary38.42.066.652.911.3%
Poland23.715.353.150.628.8%
Ireland21.228.630.738.321.8%
Germany40.153.441.536.5-3.1%
Belgium7.118.220.133.868.2%
Others32.610742.028.7-4.2%
Total1,0501,4221,5111,83520.5%

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

  1. United Kingdom (446.1 tons)
  2. Moldova (422.3 tons)
  3. Ukraine (56.8 tons)
  4. Italy (50.1 tons)
  5. Spain (44.4 tons)
  6. Hungary (41.8 tons)
  7. Poland (31.2 tons)
  8. Germany (22.7 tons)
  9. Ireland (20.8 tons)
  10. Belgium (19.0 tons)

Source: IndexBox Market Intelligence Platform

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