Northern America: Preserved Tomato Market Overview 2021

Preserved Tomato Market Size in Northern America

The North American preserved tomato market was estimated at $X in 2020, picking up by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the market value increased by X% year-to-year. The level of consumption peaked in 2020 and is likely to see gradual growth in years to come.

Preserved Tomato Production in Northern America

In value terms, preserved tomato production reached $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production hit record highs in 2020 and is likely to see gradual growth in the immediate term.

Production By Country in Northern America

The U.S. (X tonnes) constituted the country with the largest volume of preserved tomato production, accounting for X% of total volume. Moreover, preserved tomato production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (X tonnes), more than tenfold.

In the U.S., preserved tomato production expanded at an average annual rate of +X% over the period from 2007-2020.

Preserved Tomato Exports

Exports in Northern America

In 2020, overseas shipments of preserved tomatoes decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at X tonnes in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, preserved tomato exports dropped slightly 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 observed in certain years. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at $X in 2019, and then dropped in the following year.

Exports by Country

The biggest shipments were from the U.S. (X tonnes), together amounting to X% of total export.

The U.S. was also the fastest-growing in terms of the preserved tomatoes exports, with a CAGR of +X% from 2007 to 2020. From 2007 to 2020, the share of the U.S. increased by +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) also remains the largest preserved tomato supplier in Northern America.

In the U.S., preserved tomato exports expanded at an average annual rate of +X% over the period from 2007-2020.

Export Prices by Country

In 2020, the preserved tomato export price in Northern America amounted to $X per tonne, remaining constant against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, export prices reached the maximum at $X per tonne in 2015; however, from 2016 to 2020, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the U.S..

From 2007 to 2020, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Preserved Tomato Imports

Imports in Northern America

For the sixth year in a row, Northern America recorded growth in purchases abroad of preserved tomatoes, which increased by X% to X tonnes in 2020. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum in 2020 and are expected to retain growth in the near future.

In value terms, preserved tomato imports amounted to $X in 2020. Total imports indicated a prominent expansion 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, imports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. The level of import peaked in 2020 and is expected to retain growth in the immediate term.

Imports by Country

Canada represented the major importer of preserved tomatoes in Northern America, with the volume of imports accounting for X tonnes, which was near X% of total imports in 2020. It was distantly followed by the U.S. (X tonnes), achieving a X% share of total imports.

Canada was also the fastest-growing in terms of the preserved tomatoes imports, with a CAGR of +X% from 2007 to 2020. At the same time, the U.S. (+X%) displayed positive paces of growth. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) constitutes the largest market for imported preserved tomatoes in Northern America, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value in Canada totaled +X%.

Import Prices by Country

In 2020, the preserved tomato import price in Northern America amounted to $X per tonne, surging by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the import price increased by X% y-o-y. The level of import peaked in 2020 and is likely to see steady growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2020, the country with the highest price was the U.S. ($X per tonne), while Canada totaled $X per tonne.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for preserved tomatoes in Northern America?

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The country with the largest volume of preserved tomato consumption was the U.S. (1.1M tonnes), accounting for 87% of total volume. Moreover, preserved tomato consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Canada (151K tonnes), sevenfold.

What are the largest producers of preserved tomatoes in Northern America?

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The U.S. (1.1M tonnes) remains the largest preserved tomato producing country in Northern America, comprising approx. 93% of total volume. Moreover, preserved tomato production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (79K tonnes), more than tenfold.

What are the leading exporters of preserved tomatoes in Northern America?

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In value terms, the U.S. ($60M) remains the largest preserved tomato supplier in Northern America.

What are the leading importers of preserved tomatoes in Northern America?

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In value terms, Canada ($60M) constitutes the largest market for imported preserved tomatoes in Northern America, comprising 71% of total imports. The second position in the ranking was occupied by the U.S. ($23M), with a 27% share of total imports.

What is the average export price for preserved tomatoes in Northern America?

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The preserved tomato export price in Northern America stood at $801 per tonne in 2020, approximately mirroring the previous year.

What is the average import price for preserved tomatoes in Northern America?

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In 2020, the preserved tomato import price in Northern America amounted to $909 per tonne, increasing by 11% against the previous year.