Australia - Tomato Ketchup And Tomato Sauces - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTomato Ketchup Price in Australia - 2023
Contents:
- Tomato Ketchup Price in Australia (CIF) - 2022
- Tomato Ketchup Price in Australia (FOB) - 2023
- Tomato Ketchup Imports in Australia
- Tomato Ketchup Exports in Australia
Tomato Ketchup Price in Australia (CIF) - 2022
The average tomato ketchup import price stood at $1,834 per ton in 2022, surging by 4.3% against the previous year. In general, the import price recorded strong growth. The pace of growth appeared the most rapid in 2014 an increase of 62%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($2,360 per ton), while the price for China ($1,246 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Tomato Ketchup Price in Australia (FOB) - 2023
In September 2023, the average tomato ketchup export price amounted to $2,196 per ton, surging by 21% against the previous month. Over the period under review, export price indicated a moderate increase from September 2022 to September 2023: its price increased at an average monthly rate of +4.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, tomato ketchup export price increased by +20.8% against August 2023 indices. The growth pace was the most rapid in October 2022 when the average export price increased by 47% m-o-m. Over the period under review, the average export prices hit record highs at $2,578 per ton in January 2023; however, from February 2023 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Mauritius ($8,994 per ton), while the average price for exports to New Zealand ($1,468 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Tomato Ketchup Imports in Australia
In 2022, imports of tomato ketchup and tomato sauces into Australia rose rapidly to 26K tons, increasing by 13% compared with 2021 figures. The total import volume increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, tomato ketchup imports skyrocketed to $47M in 2022. The total import value increased at an average annual rate of +12.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tomato Ketchup in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 18.5 | 17.6 | 19.6 | 23.3 | 8.0% |
| New Zealand | 5.0 | 5.5 | 8.1 | 6.8 | 10.8% |
| Spain | 3.2 | 7.7 | 4.2 | 4.8 | 14.5% |
| China | 2.3 | 2.0 | 2.3 | 3.7 | 17.2% |
| Netherlands | 2.3 | 2.9 | 2.8 | 3.2 | 11.6% |
| Portugal | 0.4 | 0.5 | 0.8 | 1.2 | 44.2% |
| Turkey | 0.1 | 0.2 | 0.2 | 0.9 | 108.0% |
| Others | 1.9 | 2.5 | 2.2 | 3.5 | 22.6% |
| Total | 33.7 | 38.8 | 40.3 | 47.3 | 12.0% |
Top Suppliers of Tomato Ketchup to Australia in 2022:
- Italy (10.5K tons)
- New Zealand (5.0K tons)
- China (2.9K tons)
- Netherlands (2.4K tons)
- Spain (2.0K tons)
- Portugal (0.7K tons)
- Turkey (0.6K tons)
Tomato Ketchup Exports in Australia
In 2022, overseas shipments of tomato ketchup and tomato sauces decreased by -23.5% to 6.8K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 20%. As a result, the exports reached the peak of 8.9K tons, and then fell remarkably in the following year.
In value terms, tomato ketchup exports dropped dramatically to $11M in 2022. The total export value increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 27%.
| Export of Tomato Ketchup in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 3.9 | 3.8 | 5.4 | 3.4 | -4.5% |
| China | 1.7 | 4.7 | 3.3 | 3.1 | 22.2% |
| Japan | 2.2 | 1.2 | 2.6 | 2.6 | 5.7% |
| Singapore | 0.5 | 1.1 | 1.1 | 0.4 | -7.2% |
| Papua New Guinea | 0.2 | 0.1 | 0.1 | 0.3 | 14.5% |
| Others | 0.8 | 1.0 | 1.5 | 0.9 | 4.0% |
| Total | 9.3 | 11.8 | 13.9 | 10.6 | 4.5% |
Top Export Markets for Tomato Ketchup from Australia in 2022:
- New Zealand (2.6K tons)
- Japan (2.3K tons)
- China (1.4K tons)
- Singapore (0.2K tons)
- Papua New Guinea (0.1K tons)
This report provides an in-depth analysis of the tomato ketchup market in Australia. 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:
- Prodcom 10841230 - Tomato ketchup and other tomato sauces
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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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