Asia: Tomato Ketchup Market 2024

Tomato Ketchup Market Size in Asia

The Asian tomato ketchup market reached $X in 2022, remaining relatively unchanged against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Tomato Ketchup Production in Asia

In value terms, tomato ketchup production amounted to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Tomato Ketchup Exports

Exports in Asia

In 2022, the amount of tomato ketchup and tomato sauces exported in Asia stood at X tons, increasing by X% on the previous year's figure. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, tomato ketchup exports expanded rapidly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when exports increased by X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, the United Arab Emirates (X tons), distantly followed by China (X tons), Turkey (X tons), Oman (X tons), Saudi Arabia (X tons) and Thailand (X tons) were the major exporters of tomato ketchup and tomato sauces, together generating X% of total exports. Malaysia (X tons), India (X tons), Kuwait (X tons) and South Korea (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Kuwait (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest tomato ketchup supplying countries in Asia were the United Arab Emirates ($X), Turkey ($X) and China ($X), with a combined X% share of total exports. Oman, Saudi Arabia, Thailand, India, Malaysia, Kuwait and South Korea lagged somewhat behind, together accounting for a further X%.

Kuwait, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, picking up by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton; afterwards, it flattened through to 2022.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced more modest paces of growth.

Tomato Ketchup Imports

Imports in Asia

In 2022, the amount of tomato ketchup and tomato sauces imported in Asia rose significantly to X tons, growing by X% on 2021. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, tomato ketchup imports stood at $X in 2022. Total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the near future.

Imports by Country

The United Arab Emirates (X tons) and Saudi Arabia (X tons) represented the major importers of tomato ketchup and tomato sauces in 2022, amounting to near X% and X% of total imports, respectively. Iraq (X tons) took the next position in the ranking, followed by Israel (X tons). All these countries together took approx. X% share of total imports. The following importers - South Korea (X tons), Kuwait (X tons), Qatar (X tons), Japan (X tons), Hong Kong SAR (X tons), Kazakhstan (X tons), China (X tons), Turkey (X tons) and Taiwan (Chinese) (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), the United Arab Emirates ($X) and Israel ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Kuwait, Qatar, South Korea, Hong Kong SAR, Iraq, China, Japan, Kazakhstan, Taiwan (Chinese) and Turkey lagged somewhat behind, together accounting for a further X%.

Iraq, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kuwait ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iraq (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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