Report Update: May 1, 2024

Brazil - Tomato Ketchup And Tomato Sauces - Market Analysis, Forecast, Size, Trends And Insights

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Tomato Ketchup Price in Brazil - 2023

Tomato Ketchup Price in Brazil (CIF) - 2023

In September 2023, the average tomato ketchup import price amounted to $2,053 per ton, picking up by 4.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 17% against the previous month. The import price peaked at $2,240 per ton in June 2023; however, from July 2023 to September 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Italy ($2,109 per ton), while the price for Chile ($1,898 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Tomato Ketchup Price in Brazil (FOB) - 2023

In September 2023, the average tomato ketchup export price amounted to $1,050 per ton, stabilizing at the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 43% m-o-m. As a result, the export price attained the peak level of $1,325 per ton. From January 2023 to September 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was the United States ($2,741 per ton), while the average price for exports to South Africa ($785 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 the United States (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Ketchup Imports in Brazil

In 2022, purchases abroad of tomato ketchup and tomato sauces decreased by -17.6% to 3.2K tons, falling for the second consecutive year after two years of growth. Overall, imports showed a noticeable setback. The growth pace was the most rapid in 2020 when imports increased by 26%. As a result, imports reached the peak of 4.5K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tomato ketchup imports reduced to $5.2M in 2022. The total import value increased at an average annual rate of +4.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year. As a result, imports attained the peak of $6M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Tomato Ketchup in Brazil (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	3.0	4.2	4.2	3.3	3.2%
Chile	1.0	1.1	1.1	1.2	6.3%
Spain	0.3	0.3	0.3	0.5	18.6%
United States	0.1	0.2	0.2	0.1	0.0%
Others	0.1	0.2	0.1	0.1	0.0%
Total	4.6	6.0	6.0	5.2	4.2%

Top Suppliers of Tomato Ketchup to Brazil in 2022:

Italy (2020.4 tons)
Chile (727.9 tons)
Spain (380.4 tons)
United States (41.6 tons)

Tomato Ketchup Exports in Brazil

In 2022, overseas shipments of tomato ketchup and tomato sauces decreased by -32.6% to 4.2K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated perceptible growth from 2019 to 2022: its volume increased at an average annual rate of +2.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 35% against the previous year.

In value terms, tomato ketchup exports declined sharply to $4M in 2022. Over the period under review, total exports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +4.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year. As a result, the exports reached the peak of $5.4M, and then shrank sharply in the following year.

Export of Tomato Ketchup in Brazil (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Paraguay	1,215	1,153	1,126	1,376	4.2%
Argentina	526	771	717	742	12.2%
Uruguay	432	570	502	668	15.6%
Venezuela	620	590	2,292	452	-10.0%
United States	81.3	117	152	204	35.9%
Panama	36.2	17.3	71.2	101	40.8%
Bolivia	29.4	97.4	90.3	75.5	36.9%
Others	572	962	451	391	-11.9%
Total	3,512	4,277	5,402	4,009	4.5%

Top Export Markets for Tomato Ketchup from Brazil in 2022:

Paraguay (1652.1 tons)
Argentina (864.4 tons)
Uruguay (664.6 tons)
Venezuela (511.5 tons)
Panama (92.4 tons)
United States (91.8 tons)
Bolivia (71.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tomato ketchup market in Brazil. 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:

Brazil

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Brazil
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023