Report Update: May 1, 2024

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

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Tomato Ketchup Price in Romania - 2023

Tomato Ketchup Price in Romania (CIF) - 2023

In August 2023, the average tomato ketchup import price amounted to $2,122 per ton, shrinking by -3.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.4%. The growth pace was the most rapid in April 2023 when the average import price increased by 21% m-o-m. As a result, import price reached the peak level of $2,259 per ton. From May 2023 to August 2023, the average import prices remained at a somewhat 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 France ($3,455 per ton), while the price for Austria ($1,090 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 Italy (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Tomato Ketchup Price in Romania (FOB) - 2023

In August 2023, the average tomato ketchup export price amounted to $1,766 per ton, surging by 13% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.7%. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 35% m-o-m. As a result, the export price reached the peak level of $1,930 per ton. From May 2023 to August 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Belgium ($3,994 per ton), while the average price for exports to Italy ($1,177 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 Moldova (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Ketchup Imports in Romania

For the fourth consecutive year, Romania recorded growth in overseas purchases of tomato ketchup and tomato sauces, which increased by 17% to 15K tons in 2022. The total import volume increased at an average annual rate of +13.2% from 2019 to 2022; however, 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.

In value terms, tomato ketchup imports reached $23M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Tomato Ketchup in Romania (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	2.6	3.5	5.4	6.7	37.1%
Netherlands	2.1	2.6	3.0	3.1	13.9%
Poland	1.2	1.4	2.2	2.9	34.2%
Hungary	2.0	2.3	2.6	2.5	7.7%
France	1.8	2.3	2.3	2.3	8.5%
Bulgaria	N/A	N/A	0.2	1.4	600.0%
Belgium	1.7	1.3	2.1	1.2	-11.0%
Austria	0.6	0.7	0.6	0.7	5.3%
Others	1.5	1.6	1.6	1.7	4.3%
Total	13.6	15.6	20.1	22.6	18.4%

Top Suppliers of Tomato Ketchup to Romania in 2022:

Italy (4.0K tons)
Hungary (2.4K tons)
Poland (2.2K tons)
Netherlands (1.5K tons)
France (1.0K tons)
Austria (1.0K tons)
Bulgaria (0.8K tons)
Belgium (0.7K tons)

Tomato Ketchup Exports in Romania

Tomato ketchup exports from Romania was estimated at 1.2K tons in 2022, surging by 12% against the previous year's figure. The total export volume increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 16%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, tomato ketchup exports reduced to $1.7M in 2022. The total export value increased at an average annual rate of +12.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 43% against the previous year.

Export of Tomato Ketchup in Romania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	290	292	283	394	10.8%
Moldova	61.7	105	173	331	75.1%
United Kingdom	178	436	303	240	10.5%
Bulgaria	89.0	150	353	239	39.0%
France	6.1	23.4	63.0	116	166.9%
Italy	73.9	84.4	77.1	77.3	1.5%
Hungary	47.8	42.8	21.0	45.4	-1.7%
Spain	178	255	88.8	34.2	-42.3%
Portugal	59.1	38.0	23.1	19.9	-30.4%
Poland	73.2	78.3	43.7	17.9	-37.5%
Others	125	189	323	179	12.7%
Total	1,183	1,695	1,752	1,692	12.7%

Top Export Markets for Tomato Ketchup from Romania in 2022:

Germany (503.4 tons)
Moldova (196.0 tons)
United Kingdom (141.4 tons)
Bulgaria (135.1 tons)
Italy (63.0 tons)
France (57.7 tons)
Hungary (26.3 tons)
Spain (18.6 tons)
Portugal (12.8 tons)
Poland (9.4 tons)

Source: IndexBox Market Intelligence Platform

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

Romania

Data coverage:

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