Italy: Tomato Puree Market 2022

Tomato Puree Market Size in Italy

In 2020, the Italian tomato puree market increased by X% to $X, rising for the fourth consecutive year after two years of decline. In general, the total consumption indicated a resilient increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X. from 2009 to 2020, the growth of the market failed to regain the momentum.

Tomato Puree Production in Italy

In value terms, tomato puree production skyrocketed to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a measured increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2020, production stood at a somewhat lower figure.

Tomato Puree Exports

Exports from Italy

For the third year in a row, Italy recorded growth in shipments abroad of tomato puree and paste, which increased by X% to X tonnes in 2020. The total export volume increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Exports peaked in 2020 and are expected to retain growth in years to come.

In value terms, tomato puree exports soared to $X in 2020. The total export value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure in 2020 and are likely to see steady growth in years to come.

Exports by Country

Germany (X tonnes) was the main destination for tomato puree exports from Italy, with a X% share of total exports. Moreover, tomato puree exports to Germany exceeded the volume sent to the second major destination, France (X tonnes), threefold. The third position in this ranking was occupied by the UK (X tonnes), with a X% share.

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

In value terms, Germany ($X) remains the key foreign market for tomato puree exports from Italy, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and the UK (+X% per year).

Export Prices by Country

In 2020, the average tomato puree export price amounted to $X per tonne, surging by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2009; however, from 2010 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was the United States ($X per tonne), while the average price for exports to Poland ($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 Belgium, while the prices for the other major destinations experienced more modest paces of growth.

Tomato Puree Imports

Imports into Italy

In 2020, imports of tomato puree and paste into Italy expanded remarkably to X tonnes, surging by X% on the year before. In general, imports, however, continue to indicate a slight decline. The growth pace was the most rapid in 2011 when imports increased by X% y-o-y. As a result, imports attained the peak of X tonnes. from 2012 to 2020, the growth imports remained at a lower figure.

In value terms, tomato puree imports rose notably to $X in 2020. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2009; however, from 2010 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X tonnes) constituted the largest tomato puree supplier to Italy, with a X% share of total imports. Moreover, tomato puree imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tonnes), threefold. The third position in this ranking was occupied by Portugal (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+X% per year) and Portugal (+X% per year).

In value terms, China ($X) constituted the largest supplier of tomato puree to Italy, comprising X% of total imports. The second position in the ranking was occupied by the United States ($X), with a X% share of total imports. It was followed by Portugal, with a X% share.

From 2007 to 2020, the average annual growth rate of value from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+X% per year) and Portugal (+X% per year).

Import Prices by Country

The average tomato puree import price stood at $X per tonne in 2020, increasing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. The import price peaked at $X per tonne in 2009; however, from 2010 to 2020, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the countries with the highest prices were Chile ($X per tonne) and Egypt ($X per tonne), while the price for France ($X per tonne) and the United States ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform