United Kingdom - Tomato Ketchup And Tomato Sauces - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTomato Ketchup Price in the UK - 2023
Contents:
- Tomato Ketchup Price in the UK (CIF) - 2023
- Tomato Ketchup Price in the UK (FOB) - 2023
- Tomato Ketchup Imports in the UK
- Tomato Ketchup Exports in the UK
Tomato Ketchup Price in the UK (CIF) - 2023
In August 2023, the average tomato ketchup import price amounted to $1,691 per ton, falling by -3.4% against the previous month. Over the period under review, import price indicated a tangible expansion from August 2022 to August 2023: its price increased at an average monthly rate of +3.4% 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 +3.6% against June 2023 indices. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 14% against the previous month. Over the period under review, average import prices reached the peak figure at $1,750 per ton in July 2023, and then dropped modestly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Ireland ($2,782 per ton), while the price for the Netherlands ($1,323 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 Turkey (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Tomato Ketchup Price in the UK (FOB) - 2023
In August 2023, the average tomato ketchup export price amounted to $1,848 per ton, reducing by -17.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in December 2022 an increase of 36% against the previous month. The export price peaked at $2,229 per ton in July 2023, and then shrank significantly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($4,855 per ton), while the average price for exports to South Korea ($906 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 Italy (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.
Tomato Ketchup Imports in the UK
In 2022, overseas purchases of tomato ketchup and tomato sauces decreased by -8.6% to 187K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 11%. As a result, imports reached the peak of 204K tons, and then fell in the following year.
In value terms, tomato ketchup imports shrank to $222M in 2022. The total import value increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of $234M, and then contracted in the following year.
| Import of Tomato Ketchup in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 89.9 | 98.0 | 102 | 110 | 7.0% |
| Portugal | 15.2 | 19.0 | 35.7 | 37.7 | 35.4% |
| Italy | 27.0 | 38.2 | 38.5 | 19.9 | -9.7% |
| Germany | 17.9 | 7.5 | 16.9 | 12.3 | -11.8% |
| Poland | 7.3 | 8.5 | 10.4 | 9.7 | 9.9% |
| Spain | 5.8 | 5.3 | 6.4 | 9.5 | 17.9% |
| Ireland | 10.2 | 9.6 | 13.3 | 9.1 | -3.7% |
| Others | 11.4 | 8.7 | 10.8 | 13.9 | 6.8% |
| Total | 185 | 195 | 234 | 222 | 6.3% |
Top Suppliers of Tomato Ketchup to the UK in 2022:
- Netherlands (103.3K tons)
- Portugal (37.9K tons)
- Italy (10.5K tons)
- Germany (9.9K tons)
- Poland (6.1K tons)
- Spain (6.0K tons)
- Ireland (5.3K tons)
Tomato Ketchup Exports in the UK
In 2022, overseas shipments of tomato ketchup and tomato sauces increased by 50% to 24K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a slight reduction.
In value terms, tomato ketchup exports soared to $37M in 2022. The total export value increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tomato Ketchup in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 5.8 | 4.1 | 6.1 | 10.5 | 21.9% |
| Ireland | 15.7 | 14.0 | 12.2 | 10.1 | -13.7% |
| Turkey | 0.4 | 0.3 | 0.2 | 3.7 | 109.9% |
| United Arab Emirates | 0.8 | 1.1 | 1.4 | 1.1 | 11.2% |
| Germany | 2.3 | 1.6 | 0.7 | 1.0 | -24.2% |
| France | 0.8 | 0.7 | 0.3 | 0.9 | 4.0% |
| Italy | 0.7 | N/A | 0.1 | 0.7 | 0.0% |
| Poland | 0.3 | 0.2 | 0.2 | 0.5 | 18.6% |
| South Korea | 0.7 | 1.1 | 0.6 | 0.3 | -24.6% |
| Spain | 2.9 | 1.5 | 0.4 | 0.3 | -53.1% |
| Others | 5.2 | 5.6 | 6.9 | 8.3 | 16.9% |
| Total | 35.5 | 30.3 | 29.0 | 37.2 | 1.6% |
Top Export Markets for Tomato Ketchup from the UK in 2022:
- Netherlands (8.9K tons)
- Ireland (6.5K tons)
- Turkey (2.1K tons)
- Germany (0.7K tons)
- France (0.6K tons)
- Italy (0.5K tons)
- Poland (0.5K tons)
- United Arab Emirates (0.4K tons)
- South Korea (0.3K tons)
- Spain (0.2K tons)
This report provides an in-depth analysis of the tomato ketchup market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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