China: Preserved Tomato Market Overview 2021

Preserved Tomato Market Size in China

The Chinese preserved tomato market rose modestly to $X in 2020, increasing by X% against the previous year. In general, consumption posted prominent growth. The pace of growth appeared the most rapid in 2019 with an increase of X% year-to-year. Preserved tomato consumption peaked in 2020 and is expected to retain growth in the immediate term.

Preserved Tomato Production in China

In value terms, preserved tomato production reached $X in 2020 estimated in export prices. Overall, production enjoyed prominent growth. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level in 2020 and is expected to retain growth in the near future.

Preserved Tomato Exports

Exports from China

In 2020, overseas shipments of preserved tomatoes increased by X% to X tonnes, rising for the third consecutive year after four years of decline. In general, exports, however, recorded a pronounced setback. Exports peaked at X tonnes in 2010; however, from 2011 to 2020, exports failed to regain the momentum.

In value terms, preserved tomato exports contracted significantly to $X in 2020. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at $X in 2010; however, from 2011 to 2020, exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tonnes) was the main destination for preserved tomato exports from China, with a X% share of total exports. Moreover, preserved tomato exports to Saudi Arabia exceeded the volume sent to the second major destination, Japan (X tonnes), sixfold. The third position in this ranking was occupied by Fiji (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Saudi Arabia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-X% per year) and Fiji (+X% per year).

In value terms, the largest markets for preserved tomato exported from China were Saudi Arabia ($X), the UK ($X) and Japan ($X), with a combined X% share of total exports. Brazil, Fiji, the U.S., Mauritius, Taiwan (Chinese), Viet Nam, Thailand, Angola and Suriname lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Viet Nam recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average preserved tomato export price stood at $X per tonne in 2020, falling by -X% against the previous year. In general, the export price, however, showed tangible growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per tonne, and then reduced rapidly in the following year.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was the UK ($X per tonne), while the average price for exports to Fiji ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Brazil, while the prices for the other major destinations experienced more modest paces of growth.

Preserved Tomato Imports

Imports into China

After two years of growth, overseas purchases of preserved tomatoes decreased by -X% to X tonnes in 2020. Over the period under review, imports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Imports peaked at X tonnes in 2019, and then declined modestly in the following year.

In value terms, preserved tomato imports shrank to $X in 2020. In general, imports, however, showed buoyant growth. The pace of growth was the most pronounced in 2008 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at $X in 2019, and then dropped modestly in the following year.

Imports by Country

In 2020, Italy (X tonnes) was the main preserved tomato supplier to China, accounting for a X% share of total imports. It was followed by the U.S. (X tonnes), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Italy amounted to +X%.

In value terms, Italy ($X) constituted the largest supplier of preserved tomato to China, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Italy amounted to +X%.

Import Prices by Country

The average preserved tomato import price stood at $X per tonne in 2020, shrinking by -X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2009 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Italy ($X per tonne), while the price for the U.S. stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for preserved tomatoes in the world?

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China (2M tonnes) remains the largest preserved tomato consuming country worldwide, accounting for 16% of total volume. Moreover, preserved tomato consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (992K tonnes), twofold. The third position in this ranking was occupied by India (813K tonnes), with a 6.4% share.

What are the largest producers of preserved tomatoes in the world?

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The countries with the highest volumes of preserved tomato production in 2020 were China (2M tonnes), Italy (1.6M tonnes) and the U.S. (1M tonnes), together accounting for 36% of global production. These countries were followed by India, Russia, Brazil, Indonesia, Pakistan, Bangladesh, Mexico, Spain, Japan and Nigeria, which together accounted for a further 27%.

What are the leading suppliers of preserved tomatoes to China?

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In value terms, Italy ($4.8M) constituted the largest supplier of preserved tomato to China, comprising 97% of total imports. The second position in the ranking was occupied by the U.S. ($68K), with a 1.4% share of total imports.

What are the leading importers of preserved tomatoes from China?

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In value terms, Saudi Arabia ($1.5M), the UK ($1.1M) and Japan ($765K) constituted the largest markets for preserved tomato exported from China worldwide, together comprising 63% of total exports. These countries were followed by Brazil, Fiji, the U.S., Mauritius, Taiwan (Chinese), Viet Nam, Thailand, Angola and Suriname, which together accounted for a further 27%.

What is the average export price for preserved tomatoes in China?

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In 2020, the average preserved tomato export price amounted to $1,105 per tonne, reducing by -53.7% against the previous year.

What is the average import price for preserved tomatoes in China?

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In 2020, the average preserved tomato import price amounted to $742 per tonne, with a decrease of -2.5% against the previous year.