Finland - Tomato Puree And Paste - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Finland - Tomato Puree And Paste - Market Analysis, Forecast, Size, Trends And Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Tomato Puree Price in Finland - 2023

Contents:

  1. Tomato Puree Price in Finland (CIF) - 2023
  2. Tomato Puree Price in Finland (FOB) - 2022
  3. Tomato Puree Imports in Finland
  4. Tomato Puree Exports in Finland

Tomato Puree Price in Finland (CIF) - 2023

The average tomato puree import price stood at $2,087 per ton in June 2023, remaining constant against the previous month. In general, import price indicated a tangible expansion from June 2022 to June 2023: its price increased at an average monthly rate of +4.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, tomato puree import price increased by +2.4% against February 2023 indices. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 24% against the previous month. The import price peaked at $2,098 per ton in May 2023, and then reduced in the following month.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Spain ($2,848 per ton), while the price for China ($1,382 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Tomato Puree Price in Finland (FOB) - 2022

In 2022, the average tomato puree export price amounted to $1,552 per ton, picking up by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2018 when the average export price increased by 14%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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 Latvia ($4,000 per ton), while the average price for exports to Russia ($1,180 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 Spain (+54.0%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Puree Imports in Finland

In 2022, supplies from abroad of tomato puree and paste decreased by -3.8% to 10K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +9.5% over the period from 2019 to 2022; however, 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 39% against the previous year. As a result, imports attained the peak of 11K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, tomato puree imports totaled $14M in 2022. The total import value increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 9.6% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Tomato Puree in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy5.96.87.46.84.8%
Portugal3.62.73.03.81.8%
Spain0.61.31.62.151.8%
Greece0.10.10.10.226.0%
Others1.21.21.21.20.0%
Total11.412.213.314.07.1%

Top Suppliers of Tomato Puree to Finland in 2022:

  1. Italy (5.0K tons)
  2. Portugal (3.0K tons)
  3. Spain (1.8K tons)
  4. Greece (0.2K tons)

Tomato Puree Exports in Finland

In 2022, shipments abroad of tomato puree and paste decreased by -49.2% to 69 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 112% against the previous year. As a result, the exports attained the peak of 246 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, tomato puree exports declined significantly to $107K in 2022. Over the period under review, exports showed a abrupt curtailment. The growth pace was the most rapid in 2020 when exports increased by 106%. As a result, the exports attained the peak of $305K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Tomato Puree in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia11713311989.7-8.5%
Russia30.764.570.814.2-22.7%
SpainN/A106N/A0.2-95.7%
OthersN/A0.30.92.9210.9%
Total148305190107-10.2%

Top Export Markets for Tomato Puree from Finland in 2022:

  1. Estonia (56.7 tons)
  2. Russia (12.1 tons)
  3. Spain (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tomato puree market in Finland. 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:

  • FCL 391 - Paste of Tomatoes

Country coverage:

  • Finland

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Finland
  • 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
Store
Blog
Event
Global Preserved Tomatoes Market to Grow at CAGR of +3.2% Through 2030
Apr 30, 2024
Eye 71

Global demand for preserved tomatoes is on the rise, with the market expected to see continued growth over the next seven years. Market performance is projected to increase in both volume and value terms, with key countries like China, Russia, and the United States leading the way.

Ketchup Market - the U.S. Remains the Largest Exporter of Tomato Ketchup and Paste in the World
Sep 7, 2015
Eye 2095

The U.S. continued its dominance in the global trade of tomato ketchup and paste. In 2014, the U.S. exported X thousand tons of tomato ketchup and paste totaling X million USD, X% over the previous year. Its primary trading partner was Canada, w

The U.S. Became the Largest Exporter of Tomato Ketchup in the World, With $320.3M in 2014
Jun 18, 2015
Eye 1196

With the help of its neighboring country, Canada, the U.S. seized control of the global tomato ketchup trade. In 2014, the U.S. supplied X% of its total tomato ketchup exports into Canada, accounting for X% of total Canada's imports.

The UK Became the Fastest Growing Supplier of Tomato Ketchup and Paste
Apr 14, 2015
Eye 2147

The global tomato ketchup and paste market had total revenues of X billion USD in 2013, representing a compound annual growth rate (CAGR) of X% between 2007 and 2013. The fastest growing exporters from 2007-2013 were the United Kingdom (+X% per

How China Will Transform the Global Ketchup Market
Mar 23, 2015
Eye 3292

In China, tomato products hold as much as X% of total tomato consumption, whereas they account for one-third of U.S. consumption. There remains substantial room for a surge in tomato paste consumption, as globalization trends are changing Chinese consu

Global Preserved Tomatoes Market to Grow at CAGR of +3.2% Through 2030
Apr 30, 2024
Eye 71

Global demand for preserved tomatoes is on the rise, with the market expected to see continued growth over the next seven years. Market performance is projected to increase in both volume and value terms, with key countries like China, Russia, and the United States leading the way.

Ketchup Market - the U.S. Remains the Largest Exporter of Tomato Ketchup and Paste in the World
Sep 7, 2015
Eye 2095

The U.S. continued its dominance in the global trade of tomato ketchup and paste. In 2014, the U.S. exported X thousand tons of tomato ketchup and paste totaling X million USD, X% over the previous year. Its primary trading partner was Canada, w

The U.S. Became the Largest Exporter of Tomato Ketchup in the World, With $320.3M in 2014
Jun 18, 2015
Eye 1196

With the help of its neighboring country, Canada, the U.S. seized control of the global tomato ketchup trade. In 2014, the U.S. supplied X% of its total tomato ketchup exports into Canada, accounting for X% of total Canada's imports.

The UK Became the Fastest Growing Supplier of Tomato Ketchup and Paste
Apr 14, 2015
Eye 2147

The global tomato ketchup and paste market had total revenues of X billion USD in 2013, representing a compound annual growth rate (CAGR) of X% between 2007 and 2013. The fastest growing exporters from 2007-2013 were the United Kingdom (+X% per

How China Will Transform the Global Ketchup Market
Mar 23, 2015
Eye 3292

In China, tomato products hold as much as X% of total tomato consumption, whereas they account for one-third of U.S. consumption. There remains substantial room for a surge in tomato paste consumption, as globalization trends are changing Chinese consu

Free Data: Tomato Puree And Paste - Finland