Spain - Tomato Juice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTomato Juice Price in Spain - 2023
Contents:
- Tomato Juice Price in Spain (FOB) - 2023
- Tomato Juice Price in Spain (CIF) - 2023
- Tomato Juice Exports in Spain
- Tomato Juice Imports in Spain
Tomato Juice Price in Spain (FOB) - 2023
In June 2023, the average tomato juice export price amounted to $1,215 per ton, surging by 32% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was France ($1,283 per ton), while the average price for exports to Japan ($686 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Tomato Juice Price in Spain (CIF) - 2023
The average tomato juice import price stood at $1,204 per ton in June 2023, dropping by -18.3% against the previous month. Over the period under review, the import price, however, saw notable growth. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 105% m-o-m. Over the period under review, average import prices attained the peak figure at $1,925 per ton in December 2022; however, from January 2023 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Belgium ($4,580 per ton), while the price for Portugal ($537 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Belgium (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Tomato Juice Exports in Spain
In 2022, approx. 24K tons of tomato juice were exported from Spain; picking up by 13% on 2021 figures. In general, exports continue to indicate a relatively flat trend pattern.
In value terms, tomato juice exports amounted to $21M in 2022. The total export value increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Tomato Juice in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 11.9 | 11.9 | 13.5 | 14.8 | 7.5% |
United Kingdom | 1.9 | 1.6 | 1.2 | 1.3 | -11.9% |
Morocco | N/A | N/A | N/A | 1.3 | 0% |
Belgium | 1.4 | 2.0 | 1.5 | 1.3 | -2.4% |
Portugal | 0.6 | 0.5 | 0.6 | 1.2 | 26.0% |
Japan | 0.1 | 0.1 | 0.4 | 0.6 | 81.7% |
Brazil | 0.3 | 0.2 | 0.2 | 0.3 | 0.0% |
Italy | 1.6 | 1.9 | 1.4 | N/A | -6.5% |
Others | 1.6 | 1.5 | 1.3 | 0.7 | -24.1% |
Total | 19.3 | 19.8 | 20.1 | 21.4 | 3.5% |
Top Export Markets for Tomato Juice from Spain in 2022:
- France (15.4K tons)
- Portugal (1.9K tons)
- United Kingdom (1.8K tons)
- Morocco (1.4K tons)
- Belgium (1.3K tons)
- Japan (1.3K tons)
- Brazil (0.4K tons)
Tomato Juice Imports in Spain
In 2022, the amount of tomato juice imported into Spain rose rapidly to 923 tons, increasing by 12% compared with the previous year's figure. Over the period under review, imports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 43%.
In value terms, tomato juice imports skyrocketed to $827K in 2022. In general, imports, however, showed a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 78% against the previous year.
Import of Tomato Juice in Spain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 151 | 131 | 148 | 329 | 29.6% |
France | 233 | 218 | 261 | 325 | 11.7% |
United Kingdom | 12.9 | 10.2 | 109 | 61.4 | 68.2% |
Italy | 12.8 | 0.1 | 13.3 | 40.3 | 46.6% |
Mexico | 4.0 | N/A | N/A | 31.8 | 99.6% |
Germany | 115 | 11.2 | 109 | 19.4 | -44.7% |
Netherlands | 642 | 0.8 | 1.9 | N/A | -94.6% |
Others | 28.4 | 3.2 | 22.8 | 20.6 | -10.2% |
Total | 1,199 | 374 | 665 | 827 | -11.6% |
Top Suppliers of Tomato Juice to Spain in 2022:
- France (511.1 tons)
- Portugal (257.1 tons)
- Italy (75.3 tons)
- United Kingdom (24.2 tons)
- Germany (22.7 tons)
- Mexico (14.0 tons)
This report provides an in-depth analysis of the tomato juice market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 390 - Juice of Tomatoes
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Tomato Juice exports reached a peak of 25K tons in 2020, but saw a slight decrease from 2021 to 2023. In terms of value, exports of Tomato Juice grew significantly to $24M by 2023.
From July 2023 to October 2023, the exports of Tomato Juice experienced a slight decrease. In terms of value, Tomato Juice exports declined to $1.5M in October 2023.
In November 2022, the tomato juice price stood at $894 per ton (FOB, Spain), rising by 2.7% against the previous month.
In September 2022, the tomato juice price stood at $928 per ton (FOB, Spain), falling by -4.1% against the previous month.
In June 2023, the price of Mixed Juices was $1,169 per ton (FOB, Spain), showing a decrease of -2.1% compared to the previous month.
In December of 2022, the price of apple juice was stable, standing at $816 per ton (FOB, Spain) compared to the month prior.
In March 2023, the orange juice (single strength) price stood at $917 per ton (FOB, Spain), shrinking by -3.2% against the previous month.
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