Report Update: May 1, 2024

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

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Tomato Ketchup Price in Lithuania - 2023

Tomato Ketchup Price in Lithuania (CIF) - 2023

In September 2023, the average tomato ketchup import price amounted to $2,209 per ton, with a decrease of -2% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +3.0%. The most prominent rate of growth was recorded in December 2022 an increase of 22% m-o-m. The import price peaked at $2,255 per ton in August 2023, and then contracted modestly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the Netherlands ($2,764 per ton), while the price for Sweden ($1,440 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 Spain (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Tomato Ketchup Price in Lithuania (FOB) - 2023

In September 2023, the average tomato ketchup export price amounted to $2,247 per ton, waning by -7.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in November 2022 an increase of 25% month-to-month. The export price peaked at $2,574 per ton in June 2023; however, from July 2023 to September 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Germany ($3,643 per ton), while the average price for exports to Sweden ($1,438 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 Latvia (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Ketchup Imports in Lithuania

For the third year in a row, Lithuania recorded decline in overseas purchases of tomato ketchup and tomato sauces, which decreased by -14.4% to 4.5K tons in 2022. Overall, imports continue to indicate a abrupt curtailment. The smallest decline of -3.1% was in 2021.

In value terms, tomato ketchup imports shrank to $6.7M in 2022. In general, imports showed a perceptible downturn. The growth pace was the most rapid in 2021 when imports increased by 9.4%. As a result, imports attained the peak of $7.7M, and then declined in the following year.

Import of Tomato Ketchup in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Latvia	1,147	1,156	1,307	1,436	7.8%
Sweden	954	1,268	1,082	1,368	12.8%
Poland	1,495	1,189	1,508	1,027	-11.8%
Netherlands	778	482	617	938	6.4%
Germany	694	768	680	435	-14.4%
Italy	374	258	422	397	2.0%
Ukraine	1,412	1,252	1,258	209	-47.1%
Finland	N/A	1.4	75.5	159	965.7%
Spain	10.7	19.2	32.8	122	125.1%
Austria	39.1	126	84.3	111	41.6%
Portugal	67.3	62.1	85.0	105	16.0%
Others	545	493	589	441	-6.8%
Total	7,517	7,076	7,742	6,749	-3.5%

Top Suppliers of Tomato Ketchup to Lithuania in 2022:

Sweden (1260.3 tons)
Latvia (981.2 tons)
Poland (636.7 tons)
Netherlands (430.4 tons)
Germany (296.6 tons)
Ukraine (170.8 tons)
Italy (160.3 tons)
Portugal (107.6 tons)
Austria (105.4 tons)
Spain (89.5 tons)
Finland (86.0 tons)

Tomato Ketchup Exports in Lithuania

In 2022, approx. 2.5K tons of tomato ketchup and tomato sauces were exported from Lithuania; with an increase of 10% on 2021 figures. The total export volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 20% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, tomato ketchup exports rose notably to $4.2M in 2022. The total export value increased at an average annual rate of +9.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 29%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Tomato Ketchup in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Latvia	1,227	885	1,071	1,255	0.8%
Germany	82.8	109	122	512	83.5%
Estonia	678	342	413	418	-14.9%
Denmark	238	300	340	417	20.6%
Russia	349	248	337	328	-2.0%
Sweden	161	296	434	286	21.1%
United Kingdom	169	327	653	249	13.8%
Finland	0.1	20.4	8.2	185	1127.6%
Ireland	79.8	90.0	87.6	91.0	4.5%
Others	275	351	354	505	22.5%
Total	3,260	2,968	3,821	4,246	9.2%

Top Export Markets for Tomato Ketchup from Lithuania in 2022:

Latvia (932.0 tons)
Denmark (225.2 tons)
Russia (204.5 tons)
Estonia (203.0 tons)
Sweden (196.7 tons)
Germany (177.2 tons)
United Kingdom (127.4 tons)
Finland (126.8 tons)
Ireland (45.1 tons)

Source: IndexBox Market Intelligence Platform

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

Lithuania

Data coverage:

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