U.S. - Tomato Juice - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTomato Juice Price in the United States - 2023
Contents:
- Tomato Juice Price in the United States (FOB) - 2023
- Tomato Juice Price in the United States (CIF) - 2023
- Tomato Juice Exports in the United States
- Tomato Juice Imports in the United States
Tomato Juice Price in the United States (FOB) - 2023
In August 2023, the average tomato juice export price amounted to $870 per ton, increasing by 2.4% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 31% month-to-month. As a result, the export price attained the peak level of $1,123 per ton. From November 2022 to August 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was the UK ($1,091 per ton), while the average price for exports to Japan ($726 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Tomato Juice Price in the United States (CIF) - 2023
In August 2023, the average tomato juice import price amounted to $3,071 per ton, with an increase of 45% against the previous month. Over the period under review, the import price, however, continues to indicate a pronounced decline. Over the period under review, average import prices attained the maximum at $6,402 per ton in September 2022; however, from October 2022 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Canada ($5,946 per ton), while the price for Italy ($1,152 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Canada (+12.8%), while the prices for the other major suppliers experienced a decline.
Tomato Juice Exports in the United States
In 2022, the amount of tomato juice exported from the United States rose remarkably to 2.2K tons, with an increase of 14% against 2021. In general, exports, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year.
In value terms, tomato juice exports dropped rapidly to $2M in 2022. Overall, exports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, the exports attained the peak of $3.2M, and then shrank markedly in the following year.
| Export of Tomato Juice in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 1,599 | 1,741 | 2,845 | 1,416 | -4.0% |
| Japan | 15.3 | 7.0 | N/A | 286 | 165.4% |
| Belgium | 18.5 | N/A | 49.0 | 65.6 | 52.5% |
| Guyana | 98.5 | 56.3 | 70.3 | 62.7 | -14.0% |
| Hong Kong SAR | 125 | 57.1 | 69.9 | 54.8 | -24.0% |
| Canada | 172 | 19.0 | 18.1 | 13.0 | -57.7% |
| Others | 387 | 248 | 176 | 148 | -27.4% |
| Total | 2,415 | 2,128 | 3,228 | 2,046 | -5.4% |
Top Export Markets for Tomato Juice from the United States in 2022:
- Dominican Republic (1556.3 tons)
- Japan (349.1 tons)
- Belgium (76.0 tons)
- Hong Kong SAR (64.5 tons)
- Guyana (61.1 tons)
- Canada (12.7 tons)
Tomato Juice Imports in the United States
In 2022, approx. 2K tons of tomato juice were imported into the United States; with an increase of 68% against the previous year. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 79% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, tomato juice imports soared to $5M in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 259% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Tomato Juice in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 185 | 144 | 1,268 | 3,124 | 156.6% |
| Turkey | 37.4 | 49.1 | 644 | 1,329 | 228.8% |
| Egypt | N/A | N/A | N/A | 155 | 0% |
| Canada | 169 | 65.5 | 78.2 | 138 | -6.5% |
| Ukraine | 139 | 138 | 89.4 | 26.0 | -42.8% |
| Others | 124 | 267 | 300 | 230 | 22.9% |
| Total | 654 | 663 | 2,380 | 5,002 | 97.0% |
Top Suppliers of Tomato Juice to the United States in 2022:
- Mexico (1121.8 tons)
- Turkey (658.9 tons)
- Egypt (62.7 tons)
- Canada (30.2 tons)
- Ukraine (15.9 tons)
This report provides an in-depth analysis of the tomato juice market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
-
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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Italy dominates in the global tomato juice trade. In 2014, Italy exported X thousand tons of tomato juice totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its total tomato juice
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