Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in the United States - 2023
Contents:
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in the United States (FOB) - 2023
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in the United States (CIF) - 2023
- Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in the United States
- Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in the United States
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in the United States (FOB) - 2023
The average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $870 per ton in December 2023, reducing by -15.2% against the previous month. Over the period under review, the export price continues to indicate a mild decline. The most prominent rate of growth was recorded in March 2023 an increase of 7.6% m-o-m. As a result, the export price reached the peak level of $1,072 per ton. From April 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Panama ($1,545 per ton), while the average price for exports to the UK ($485 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in the United States (CIF) - 2023
In December 2023, the average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid amounted to $1,765 per ton, leveling off at the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 13% m-o-m. Over the period under review, average import prices reached the maximum at $1,899 per ton in July 2023; however, from August 2023 to December 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Portugal ($3,133 per ton), while the price for Mexico ($1,339 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Canada (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in the United States
In 2022, shipments abroad of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid decreased by -3.3% to 387K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 4.6%. As a result, the exports reached the peak of 400K tons, and then fell modestly in the following year.
In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid rose markedly to $363M in 2022. The total export value increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 when exports increased by 12%. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 76.9 | 79.5 | 92.0 | 110 | 12.7% |
| Mexico | 39.0 | 51.7 | 62.1 | 81.7 | 28.0% |
| Japan | 30.7 | 29.9 | 31.1 | 32.9 | 2.3% |
| South Korea | 11.9 | 11.8 | 16.3 | 17.8 | 14.4% |
| Costa Rica | 12.1 | 10.3 | 19.5 | 16.6 | 11.1% |
| Italy | 18.7 | 37.2 | 20.8 | 13.3 | -10.7% |
| Netherlands | 2.2 | 2.4 | 2.4 | 12.3 | 77.5% |
| Honduras | 3.8 | 4.3 | 7.3 | 10.7 | 41.2% |
| Australia | 7.1 | 7.4 | 8.6 | 5.9 | -6.0% |
| United Arab Emirates | 12.7 | 8.8 | 14.3 | 3.4 | -35.5% |
| Others | 88.7 | 63.5 | 70.2 | 58.6 | -12.9% |
| Total | 304 | 307 | 345 | 363 | 6.1% |
Top Export Markets for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid from the United States in 2022:
- Canada (115.0K tons)
- Mexico (78.7K tons)
- Japan (35.4K tons)
- South Korea (20.9K tons)
- Costa Rica (19.8K tons)
- Italy (18.4K tons)
- Netherlands (17.5K tons)
- Australia (8.4K tons)
- Honduras (8.1K tons)
- United Arab Emirates (2.4K tons)
Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in the United States
For the fourth year in a row, the United States recorded growth in purchases abroad of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid, which increased by 61% to 74K tons in 2022. In general, imports continue to indicate significant growth. 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 skyrocketed to $106M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports reached 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 the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 25.0 | 32.4 | 34.4 | 45.3 | 21.9% |
| Chile | 1.7 | 3.1 | 6.6 | 26.6 | 150.1% |
| Mexico | 4.7 | 5.4 | 5.4 | 10.7 | 31.6% |
| Turkey | 6.8 | 4.8 | 5.8 | 9.4 | 11.4% |
| Spain | 1.6 | 1.7 | 2.4 | 3.9 | 34.6% |
| Canada | 6.2 | 3.3 | 5.3 | 2.7 | -24.2% |
| Egypt | 0.4 | 0.7 | 0.6 | 1.7 | 62.0% |
| Israel | 5.2 | 3.7 | 1.8 | 0.3 | -61.4% |
| Others | 4.2 | 3.3 | 3.4 | 5.7 | 10.7% |
| Total | 55.7 | 58.3 | 65.6 | 106 | 23.9% |
Top Suppliers of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid to the United States in 2022:
- Italy (33.3K tons)
- Chile (17.3K tons)
- Mexico (9.4K tons)
- Turkey (4.2K tons)
- Canada (3.0K tons)
- Spain (2.4K tons)
- Egypt (1.4K tons)
- Israel (0.1K tons)
615
This report provides an in-depth analysis of the preserved tomato market in the U.S..
538
This report provides an in-depth analysis of the tomato puree market in the U.S..
817
This report provides an in-depth analysis of the global preserved tomato market.
1800
This report provides an in-depth analysis of the global tomato puree market.
615
This report provides an in-depth analysis of the preserved tomato market in the U.S..
538
This report provides an in-depth analysis of the tomato puree market in the U.S..
817
This report provides an in-depth analysis of the global preserved tomato market.
1800
This report provides an in-depth analysis of the global tomato puree market.
289
Tomato Puree exports in July 2023 reached a value of $22M.
78
Global demand for preserved tomatoes is on the rise, with the market expected to see continued growth over the next seven years. Market performance is projected to increase in both volume and value terms, with key countries like China, Russia, and the United States leading the way.
2098
The U.S. continued its dominance in the global trade of tomato ketchup and paste. In 2014, the U.S. exported X thousand tons of tomato ketchup and paste totaling X million USD, X% over the previous year. Its primary trading partner was Canada, w
1197
With the help of its neighboring country, Canada, the U.S. seized control of the global tomato ketchup trade. In 2014, the U.S. supplied X% of its total tomato ketchup exports into Canada, accounting for X% of total Canada's imports.
2148
The global tomato ketchup and paste market had total revenues of X billion USD in 2013, representing a compound annual growth rate (CAGR) of X% between 2007 and 2013. The fastest growing exporters from 2007-2013 were the United Kingdom (+X% per
3293
In China, tomato products hold as much as X% of total tomato consumption, whereas they account for one-third of U.S. consumption. There remains substantial room for a surge in tomato paste consumption, as globalization trends are changing Chinese consu
289
Tomato Puree exports in July 2023 reached a value of $22M.
78
Global demand for preserved tomatoes is on the rise, with the market expected to see continued growth over the next seven years. Market performance is projected to increase in both volume and value terms, with key countries like China, Russia, and the United States leading the way.
2098
The U.S. continued its dominance in the global trade of tomato ketchup and paste. In 2014, the U.S. exported X thousand tons of tomato ketchup and paste totaling X million USD, X% over the previous year. Its primary trading partner was Canada, w
1197
With the help of its neighboring country, Canada, the U.S. seized control of the global tomato ketchup trade. In 2014, the U.S. supplied X% of its total tomato ketchup exports into Canada, accounting for X% of total Canada's imports.
