Report Update: Apr 1, 2024

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

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Tomato Ketchup Price in Sweden - 2023

Tomato Ketchup Price in Sweden (FOB) - 2023

The average tomato ketchup export price stood at $2,037 per ton in August 2023, reducing by -6.8% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 20% against the previous month. The export price peaked at $2,185 per ton in July 2023, and then declined in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Norway ($3,894 per ton), while the average price for exports to Lithuania ($1,310 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 Estonia (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Ketchup Price in Sweden (CIF) - 2023

The average tomato ketchup import price stood at $2,396 per ton in August 2023, surging by 44% against the previous month. Over the period under review, import price indicated prominent growth from August 2022 to August 2023: its price increased at an average monthly rate of +5.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, tomato ketchup import price increased by +49.6% against May 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($2,568 per ton), while the price for Egypt ($1,113 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 the Netherlands (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Tomato Ketchup Exports in Sweden

In 2022, tomato ketchup exports from Sweden rose modestly to 18K tons, surging by 2.6% compared with 2021. The total export volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, tomato ketchup exports contracted to $29M in 2022. The total export value increased at an average annual rate of +9.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. As a result, the exports reached the peak of $30M, and then declined modestly in the following year.

Export of Tomato Ketchup in Sweden (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Norway	11.7	13.6	14.7	14.6	7.7%
Finland	4.0	4.4	5.4	5.6	11.9%
Denmark	2.6	3.0	4.2	3.7	12.5%
Estonia	0.2	N/A	1.2	1.3	86.6%
Lithuania	0.7	0.9	1.0	1.3	22.9%
Germany	0.9	0.5	0.5	0.8	-3.9%
Latvia	0.3	0.3	0.6	0.3	0.0%
Others	2.2	1.9	2.1	1.8	-6.5%
Total	22.5	24.7	29.6	29.3	9.2%

Top Export Markets for Tomato Ketchup from Sweden in 2022:

Finland (5.2K tons)
Norway (4.9K tons)
Denmark (3.3K tons)
Estonia (1.3K tons)
Lithuania (1.3K tons)
Germany (0.6K tons)
Latvia (0.2K tons)

Tomato Ketchup Imports in Sweden

In 2022, after three years of growth, there was significant decline in purchases abroad of tomato ketchup and tomato sauces, when their volume decreased by -8.3% to 17K tons. The total import volume increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 17%.

In value terms, tomato ketchup imports contracted to $24M in 2022. The total import value increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. As a result, imports attained the peak of $28M, and then fell in the following year.

Import of Tomato Ketchup in Sweden (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	6.9	10.6	15.0	12.2	20.9%
Italy	5.3	4.9	4.7	4.4	-6.0%
Belgium	2.3	2.8	2.9	3.2	11.6%
Germany	1.1	0.9	1.2	1.1	0.0%
Denmark	0.5	0.5	0.6	0.7	11.9%
Greece	0.1	0.4	0.5	0.6	81.7%
Turkey	1.1	0.9	0.6	0.5	-23.1%
Poland	0.5	0.4	0.1	0.3	-15.7%
Others	1.8	2.0	2.3	1.5	-5.9%
Total	19.6	23.3	27.9	24.5	7.7%

Top Suppliers of Tomato Ketchup to Sweden in 2022:

Netherlands (9.6K tons)
Italy (2.5K tons)
Belgium (1.9K tons)
Germany (0.7K tons)
Turkey (0.5K tons)
Greece (0.5K tons)
Denmark (0.4K tons)
Poland (0.2K tons)

Source: IndexBox Market Intelligence Platform

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

Sweden

Data coverage:

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