EU: Preserved Tomato Market 2024

Preserved Tomato Market Size in the EU

After three years of growth, the EU preserved tomato market decreased by X% to $X in 2023. Overall, consumption, however, enjoyed a resilient increase. As a result, consumption reached the peak level of $X, and then declined in the following year.

Preserved Tomato Production in the EU

In value terms, preserved tomato production dropped to $X in 2023 estimated in export price. Overall, production, however, continues to indicate noticeable growth. The pace of growth was the most pronounced in 2022 when the production volume increased by X%. As a result, production attained the peak level of $X, and then declined in the following year.

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Preserved Tomato Exports

Exports in the EU

Preserved tomato exports contracted to X tons in 2023, falling by X% on 2022 figures. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, the exports reached the peak of X tons, and then shrank in the following year.

In value terms, preserved tomato exports surged to $X in 2023. Total exports indicated a strong increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy dominates exports structure, recording X tons, which was near X% of total exports in 2023. It was distantly followed by Spain (X tons), committing a X% share of total exports. Greece (X tons), the Netherlands (X tons) and Portugal (X tons) held a minor share of total exports.

From 2012 to 2023, average annual rates of growth with regard to preserved tomato exports from Italy stood at X%. At the same time, the Netherlands (X%), Greece (X%) and Portugal (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2023. By contrast, Spain (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the Netherlands increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) remains the largest preserved tomato supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with a X% share of total exports. It was followed by the Netherlands, with a X% share.

In Italy, preserved tomato exports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Spain (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per ton, surging by X% against the previous year. Export price indicated a tangible increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, preserved tomato export price increased by X% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Portugal ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Portugal (X%), while the other leaders experienced more modest paces of growth.

Preserved Tomato Imports

Imports in the EU

Preserved tomato imports fell to X tons in 2023, which is down by X% on the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2022 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then dropped in the following year.

In value terms, preserved tomato imports soared to $X in 2023. Total imports indicated a prominent expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2016 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2023, Germany (X tons), distantly followed by France (X tons), the Netherlands (X tons), Belgium (X tons), Sweden (X tons), Austria (X tons) and Poland (X tons) were the key importers of preserved tomatoes, together achieving X% of total imports. Denmark (X tons), Spain (X tons), Ireland (X tons), Italy (X tons), Portugal (X tons) and Romania (X tons) took a minor share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2023, together comprising X% of total imports. Belgium, Sweden, Austria, Poland, Denmark, Ireland, Spain, Italy, Portugal and Romania lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

In 2023, the import price in the European Union amounted to $X per ton, picking up by X% against the previous year. Import price indicated moderate growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, preserved tomato import price increased by X% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in Ireland ($X per ton) and Italy ($X per ton), while Belgium ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform