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

Contents:

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

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

The average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1,869 per ton in November 2023, dropping by -6.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in September 2023 an increase of 12% month-to-month. The import price peaked at $2,001 per ton in October 2023, and then reduced in the following month.

Average prices varied somewhat amongst the major supplying countries. In November 2023, the countries with the highest prices were Poland ($2,388 per ton) and Ukraine ($2,278 per ton), while the price for Spain ($1,638 per ton) and Germany ($1,716 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Poland (+3.5%), 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 the Czech Republic (FOB) - 2023

In November 2023, the average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid amounted to $2,030 per ton, picking up by 1.9% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in April 2023 when the average export price increased by 16% month-to-month. As a result, the export price reached the peak level of $2,188 per ton. From May 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In November 2023, the highest price was recorded for prices to Germany ($2,573 per ton) and Hungary ($2,115 per ton), while the average price for exports to Austria ($1,838 per ton) and Poland ($1,931 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 Hungary (+4.3%), 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 the Czech Republic

In 2022, approx. 34K tons of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid were imported into the Czech Republic; increasing by 13% against 2021 figures. The total import volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. 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 $44M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.5% 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 +58.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Italy (18.4K tons)
2. Germany (3.8K tons)
3. Spain (2.3K tons)
4. Egypt (1.8K tons)
5. Poland (1.8K tons)
6. Tunisia (0.9K tons)
7. Austria (0.9K tons)
8. China (0.4K tons)
9. Ukraine (0.3K tons)
10. Greece (0.3K tons)

Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in the Czech Republic

In 2022, overseas shipments of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid increased by 7.5% to 3.9K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt slump.

In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid surged to $6.2M in 2022. The total export value increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Slovakia (2434.8 tons)
2. Poland (892.8 tons)
3. Germany (215.9 tons)
4. Austria (200.2 tons)
5. Hungary (36.8 tons)
6. Bulgaria (2.1 tons)

Source: IndexBox Market Intelligence Platform