India - Tomato Ketchup And Tomato Sauces - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

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

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Tomato Ketchup Price in India - 2023

Contents:

  1. Tomato Ketchup Price in India (FOB) - 2022
  2. Tomato Ketchup Price in India (CIF) - 2022
  3. Tomato Ketchup Exports in India
  4. Tomato Ketchup Imports in India

Tomato Ketchup Price in India (FOB) - 2022

The average tomato ketchup export price stood at $1,590 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The pace of growth was the most pronounced in 2020 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices hit record highs at $1,943 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Nepal ($2,739 per ton), while the average price for exports to Bangladesh ($963 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Ketchup Price in India (CIF) - 2022

In 2022, the average tomato ketchup import price amounted to $2,151 per ton, with an increase of 9.8% against the previous year. Overall, the import price recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 an increase of 31%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($7,067 per ton), while the price for Bhutan ($891 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Tomato Ketchup Exports in India

In 2022, overseas shipments of tomato ketchup and tomato sauces decreased by -4.5% to 4.8K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 34%. As a result, the exports reached the peak of 5K tons, and then declined slightly in the following year.

In value terms, tomato ketchup exports declined slightly to $7.6M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 47%.

Export of Tomato Ketchup in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nepal7991,9321,7471,50423.5%
United States1,1591,8821,9611,1840.7%
Philippines836532688797-1.6%
Malaysia95.2136670767100.5%
United Kingdom40551372257412.3%
Canada21127138634617.9%
Indonesia20214420428311.9%
Qatar14.510690.3222148.3%
Singapore1872142762225.9%
United Arab Emirates81.712398.020435.7%
Australia12719818217711.7%
Kuwait14.912.763.210289.9%
Bangladesh28.431.910395.749.9%
Others5698777661,14526.2%
Total4,7306,9727,9567,62417.2%

Top Export Markets for Tomato Ketchup from India in 2022:

  1. United States (745.4 tons)
  2. Philippines (657.0 tons)
  3. Malaysia (606.5 tons)
  4. Nepal (549.2 tons)
  5. United Kingdom (392.9 tons)
  6. Qatar (215.5 tons)
  7. Indonesia (208.8 tons)
  8. Canada (200.3 tons)
  9. Singapore (145.1 tons)
  10. United Arab Emirates (106.6 tons)
  11. Bangladesh (99.4 tons)
  12. Australia (84.8 tons)
  13. Kuwait (78.5 tons)

Tomato Ketchup Imports in India

In 2022, purchases abroad of tomato ketchup and tomato sauces decreased by -0.9% to 288 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2020 with an increase of 0.5%. As a result, imports reached the peak of 626 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tomato ketchup imports rose notably to $620K in 2022. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 27% against the previous year. As a result, imports reached the peak of $937K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Tomato Ketchup in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy80.421513131657.8%
Australia1.9N/A37.984.1253.7%
United Kingdom45.529.912576.418.9%
BangladeshN/AN/AN/A38.40%
Bhutan12974.338.735.8-34.8%
United Arab Emirates44.786.731.329.6-12.8%
United States27214697.620.6-57.7%
Thailand10331299.714.3-48.2%
Sri Lanka48.60.1N/A0.4-79.8%
Others11.474.19.85.1-23.5%
Total737937570620-5.6%

Top Suppliers of Tomato Ketchup to India in 2022:

  1. Italy (139.7 tons)
  2. Bhutan (40.2 tons)
  3. Bangladesh (30.7 tons)
  4. United Arab Emirates (26.5 tons)
  5. Australia (21.4 tons)
  6. United Kingdom (10.8 tons)
  7. Thailand (9.8 tons)
  8. United States (6.0 tons)
  9. Sri Lanka (0.2 tons)

Source: IndexBox Market Intelligence Platform

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

  • India

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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