EU: Tomato Puree Market 2023

Tomato Puree Market Size in the EU

In 2022, the EU tomato puree market increased by 13% to $X, rising for the fifth consecutive year after three years of decline. The market value increased at an average annual rate of +3.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level in 2022 and is likely to continue growth in the immediate term.

Tomato Puree Production in the EU

In value terms, tomato puree production soared to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Tomato Puree Exports

Exports in the EU

Tomato puree exports was estimated at X tons in 2022, picking up by 2.3% on the previous year. The total export volume increased at an average annual rate of +3.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 10%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, tomato puree exports expanded significantly to $X in 2022. The total export value increased at an average annual rate of +4.9% from 2012 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 19%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Italy was the main exporting country with an export of around X tons, which reached 48% of total exports. It was distantly followed by Spain (X tons) and Portugal (X tons), together creating a 42% share of total exports. Greece (X tons) and the Netherlands (X tons) took a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Netherlands (with a CAGR of +15.1%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the largest tomato puree supplier in the European Union, comprising 51% of total exports. The second position in the ranking was held by Spain ($X), with a 23% share of total exports. It was followed by Portugal, with a 15% share.

From 2012 to 2022, the average annual growth rate of value in Italy totaled +3.8%. In the other countries, the average annual rates were as follows: Spain (+8.1% per year) and Portugal (+4.5% per year).

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, growing by 11% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2021 when the export price increased by 13%. Over the period under review, the export prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in the Netherlands ($X per ton) and Italy ($X per ton), while Greece ($X per ton) and Portugal ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.6%), while the other leaders experienced more modest paces of growth.

Tomato Puree Imports

Imports in the EU

For the third consecutive year, the European Union recorded growth in purchases abroad of tomato puree and paste, which increased by 1.4% to X tons in 2022. The total import volume increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 10%. The volume of import peaked in 2022 and is likely to see steady growth in the near future.

In value terms, tomato puree imports expanded notably to $X in 2022. Total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.5% 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 +62.4% against 2017 indices. The pace of growth appeared the most rapid in 2020 with an increase of 20% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Germany (X tons), distantly followed by Italy (X tons), the Netherlands (X tons), France (X tons), Poland (X tons) and Spain (X tons) represented the key importers of tomato puree and paste, together creating 76% of total imports. The following importers - Belgium (X tons), Austria (X tons), Sweden (X tons), Romania (X tons) and the Czech Republic (X tons) - together made up 15% of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +7.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and the Netherlands ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising 51% of total imports. France, Poland, Spain, Belgium, Austria, Sweden, Romania and the Czech Republic lagged somewhat behind, together accounting for a further 39%.

Spain, with a CAGR of +10.1%, saw the highest rates of growth with regard to the value of imports, among 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

The import price in the European Union stood at $X per ton in 2022, rising by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in the Czech Republic ($X per ton) and Germany ($X per ton), while Spain ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+5.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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